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    N Us Highway 331 Defuniak Springs, FL 32433

    For Sale
    $745,000

    LAND - DeFuniak Springs, FL

    Lot size:
    13.10 Acres
    Days on Market:
    68
    Last Refresh:
    Dec 5 at 10:06 pm

    Property Features for N Us Highway 331

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    County, See Remarks
    APN
    06-3N-19-19000-003-0040
    Lot size
    13.10 Acres

    Utilities

    Water front features
    Lake
    Water front
    1

    Naylor Realty & Associates Inc. (850) 951-2488 [email protected]

    Listing agent Bruce R Naylor (850) 865-9011 License #3200732

    Listing date Sep 29, 2025

    Copyright © 2025 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    King Lake Waterfront Land Parcel

    This 13.1-acre land parcel is located in DeFuniak Springs, FL, and offers 630 feet of frontage on Highway 331 and 1400 feet of waterfront on King Lake, a 450-acre lake known for bass and bream fishing. The property is zoned Rural Village by the county, with a maximum density of 2 units per acre. Parcels of 5 acres or larger with Rural Village zoning allow for potential uses such as an RV park, general store, fish camp, bait and tackle shop, riding or boarding stables, veterinary services, and kennels. This property presents opportunities for a home site or land investment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Defuniak Springs
    County
    Walton
    State
    Florida
    Longitude
    -86.18456
    Latitude
    30.789949

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    FAQs

    What type of property is this?
    Land - 13.1 acre parcel with 1400 feet of waterfront.
    Where is this land located?
    The property is located at N Us Highway 331 Defuniak Springs, FL.
    What is the asking price?
    The asking price for this property is $745,000.
    What are key features of this property?
    This property features: - Large 13.7-acre parcel on King Lake.; - Boasting 1400 feet of waterfront on a 450-acre trophy bass and bream fishing lake.; - Significant development potential with Rural Village zoning allowing up to 2 units per acre.
    (850) 865-9011
    Request Owner's contact information
    N Us Highway 331 Defuniak Springs, FL 32433
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    Defuniak Springs, FL 32433
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    N Us Highway 331 Defuniak Springs, FL 32433
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