Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    24 W Orange Ave Defuniak Springs, FL 32435

    Source: https://www.saltercompany.com
    For Sale
    $595,000

    High-traffic corner lot, ready to build.

    Property size:
    16,005 SF

    Description

    Added:
    Feb 18, 2025
    Days on Market:
    294
    This 0.37-acre commercial lot in DeFuniak Springs, Florida, presents a unique opportunity for development. Located on busy Highway 331, a main thoroughfare leading to South Walton's beaches, this corner parcel boasts exceptional visibility and high traffic volume. A 2023 Florida Department of Transportation count registered 23,500 vehicles daily. The property is zoned C2, offering flexibility for various commercial uses. Previously occupied by a house that has since been removed, the lot is now vacant and cleared, ready for immediate construction. All essential utilities are readily available, including sewer, water, electric, and gas. Its location within the city limits of DeFuniak Springs ensures convenient access to amenities and infrastructure. This high-visibility, high-traffic location makes it an ideal site for a variety of commercial ventures, capitalizing on the significant daily traffic flow and proximity to popular South Walton beaches. The lot's size and zoning provide ample space for development, making it a compelling investment opportunity in a thriving area. The asking price is $595,000.

    Property Features for 24 W Orange Ave

    General Information

    Property type
    Other land
    Square Feet
    16,005 SF
    Price / Square Foot
    $37
    Class
    C
    Elevators
    N/A
    Lot Size
    16,117 SF

    Building Details

    Year Built
    1925
    Buildings
    1
    Stories
    2

    HighLights

    • High‑visibility corner lot on Hwy 331, a major route to South Walton beaches.
    • Ready for immediate commercial construction; all utilities readily available.
    • High traffic count of 23,500 vehicles daily (2023 DOT data); C2 zoning.
    Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Defuniak Springs
    State
    Florida
    Longitude
    -87.305997
    Latitude
    30.48619

    Nearby Similar for Sale

    • $850,000
      21.00 Acres

      Equestrian Ranch on 21 Acres

      21-acre equestrian ranch with stables, arena, and pond.
      2748 Rock Hill Rd, Defuniak Springs, FL 32435
      View Details
    • $5,500,000
      0.97 Acres

      High-Exposure Mixed-Use Property

      Mixed-use property with highway frontage and commercial zoning.
      59 Nina St, Defuniak Springs, FL 32433
      View Details
    • Contact for pricing
      17,751 SF

      Multi-Tenant Medical Office Building

      Multi-tenant medical office building near hospital in Defuniak Springs, FL.
      4415 Hwy, Defuniak Springs, FL 32433
      View Details
    • $3,230,000
      2,300 SF

      New Development Del Taco Restaurant

      New Del Taco with 20-year NNN lease in Defuniak Springs.
      2760 Us Highway 331 S, Defuniak Springs, FL 32435
      View Details
    • $499,500

      Commercial Building with Rental Potential

      3344 SF commercial building suitable for various business uses.
      81 Fl-83, Defuniak Springs, FL 32433
      View Details
    • $629,900

      Spacious Home on 20 Acres

      Five-bedroom home on 20 acres with creek and barn.
      746 Davidson Rd, Defuniak Springs, FL 32433
      View Details

    FAQs

    What type of property is this?
    Land - High-traffic corner lot, ready to build.
    Where is this land located?
    The property is located at 24 W Orange Ave Defuniak Springs, FL.
    What is the asking price?
    The asking price for this property is $595,000.
    What are key features of this property?
    This property features: High-visibility corner lot on Hwy 331, a major route to South Walton beaches.; Ready for immediate commercial construction; all utilities readily available.; High traffic count of 23,500 vehicles daily (2023 DOT data); C2 zoning.
    (850) 951-2488
    Request Owner's contact information
    24 W Orange Ave Defuniak Springs, FL 32435
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    24 W Orange Ave
    Defuniak Springs, FL 32435
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    24 W Orange Ave Defuniak Springs, FL 32435
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.