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Residential Lot in Developing Area
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Lot 44 West Black Cherry Drive, Defuniak Springs, FL 32433

Residential lot in growing Oakwood Hills neighborhood.

Property Size10,018 SF
Price / SF$1.50
Days on Market860

Property Features for Lot 44 West Black Cherry Drive

General Information

Standard status Active
Size 10,018 SF
Property subtype Land / Vacant Land
Zoning County, Deed Restrictions, Resid Single Family

Amenities

0.0
Listing Agency: Keller Williams Realty FWB
Listed By: Tina N Marsh · License #3485020
Source: Compass
Added: Jun 12, 2024 Changed: Oct 16 Last Checked: Oct 16 at 11:34AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty FWB

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Investment Insights

Based on property information with market context.

This is one of four platted lots adjoining each other in Unit 2 of Oakwood Hills, an area currently under development and experiencing growth. The zoning is Rural Residential, which permits single-family residential construction. According to the Declaration of Restrictions dated March 30, 1976, mobile homes are not allowed on any lots within Oakwood Hills, Unit 2. The property is raw land, and no tap-in fees have been paid. A septic system will be required. Numerous distribution centers are under development in the area, including an Amazon facility. Information from the County GIS map indicates the flood zone is X. Setbacks per the county are Front 20, Back 15, and Sides 7 1/2.

Key Highlights

  • Four adjoining platted lots offer ample space and potential for development.
  • Located in Oakwood Hills Unit 2, a growing area with ongoing development.
  • Proximity to numerous distribution centers, including Amazon, suggests potential for future growth and employment opportunities.

Property Analytics

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Suggested Use

Top Pick Pet Grooming Service Building Supply Department Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

6
Businesses Nearby

Demographics for 32433, FL

18,036
Population
8,059
Households
2.2
Avg Household Size
40
Median Age
13%
College-Educated
83%
High-School Grad
251.3 sq mi
ZIP Area
72
Density / Sq Mi
$51,604
Median Household Income
$35,086
Median Earnings
$1,045
Median Rent
$152,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Residential lot in growing Oakwood Hills neighborhood.
Where is this residential land & home lot located?
The property is located at Lot 44 West Black Cherry Drive Defuniak Springs, FL.
What are key features of this property?
This property features: Four adjoining platted lots offer ample space and potential for development.; Located in Oakwood Hills Unit 2, a growing area with ongoing development.; Proximity to numerous distribution centers, including Amazon, suggests potential for future growth and employment opportunities.
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