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    43 Simpson Ct Defuniak Springs, FL 32433

    For Sale
    Contact for pricing

    Unincorporated Walton County land parcel perfect for single family housing.

    Lot size:
    46.00 Acres

    Property Features for 43 Simpson Ct

    General Information

    Lot size
    46.00 Acres

    Source: 4 Acre Commercial Real Estate Agent Colin Chou

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    46 Acre Residential Land Parcel

    This 46-acre parcel of urban residential land is located directly along Hwy 83 in unincorporated Walton County. The property is an encumbered development site with no existing structures and no horizontal improvements, making it suitable for single-family housing development. It is located along an arterial road and benefits from high surrounding occupancy rates and close proximity to thoroughfares. The market, with only a few small developments in the area, is heavily untapped and suitable for new development.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Hair Salon Building Supply Auto Repair Shop Gym & Fitness Pharmacy Hotel & Motel Electronics Store Car Rental Arcade & Gaming Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Defuniak Springs
    County
    Walton
    State
    Florida
    Longitude
    -86.1115326
    Latitude
    30.7694939

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    FAQs

    What type of property is this?
    Land - Unincorporated Walton County land parcel perfect for single family housing.
    Where is this land located?
    The property is located at 43 Simpson Ct Defuniak Springs, FL.
    What are key features of this property?
    This property features: - 1.46-acre parcel of Urban Residential land in Unincorporated Walton County.; - Development order delivered at closing.; - Untapped market ripe for new single-family housing development.
    (407) 601-1466
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    43 Simpson Ct 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
    43 Simpson Ct Defuniak Springs, FL 32433
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