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    841 N 1St St Defuniak Springs, FL 32433

    For Sale
    $1,200,000

    Expansive 49-acre parcel with development potential in Defuniak Springs, Florida.

    Lot size:
    49.03 Acres

    Property Features for 841 N 1St St

    General Information

    Lot size
    49.03 Acres

    Building Details

    Year built
    2009

    Source: HomeBiz Properties

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

    Overview

    49-Acre Development Opportunity in Florida

    This 49.03-acre parcel is located within the city limits of Defuniak Springs, Florida. The property is positioned for development, offering possibilities for creating a subdivision, pending rezoning approval from the city. The estate includes a main barndominium home and an accessory dwelling. This property is suitable for developers and investors.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Defuniak Springs
    County
    Walton
    State
    Florida
    Longitude
    -86.1080192
    Latitude
    30.7343281

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    FAQs

    What type of property is this?
    Land - Expansive 49-acre parcel with development potential in Defuniak Springs, Florida.
    Where is this land located?
    The property is located at 841 N 1St St Defuniak Springs, FL.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - Expansive 49.03-acre parcel within city limits; - Prime location for development, pending rezoning approval; - Includes a main barndominium home
    (850) 333-3554
    Request Owner's contact information
    841 N 1St St 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
    841 N 1St St Defuniak Springs, FL 32433
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