For Sale
$400,000
1246 N US Hwy 331, Defuniak Springs, FL 32433
Land, DeFuniak Springs, FL
Property SizeContact for details
Lot Size9.63 Acres
Days on Market691
Property Features for 1246 N US Hwy 331
General Information
Property type
Land
Property subtype
Other
Zoning
Resid Single Family
Subdivision
LAKE ROSEMARY ESTATES UNIT 1
Lot features
Easements, Irregular, Within 1/2 Mile to Water
View
Lake
Elementary school
Maude Saunders
Middle school
Walton
High school
Walton
Directions
From the intersection of Hwy 331 S & Hwy 90, turn left onto Hwy 90 and follow 1.8 miles to continue along Hwy 331 North. Property will be 1.2 miles north on the right. Look for signs.
Standard status
Active
APN
16-3N-19-19010-000-0050 & 16-3N-19-19010-000-0040
Lot size
9.63 Acres
Taxes and HOA fees
Tax Year
2023
Tax Description
Lots 4, 5, 6, and 7, Lake Rosemary Estates Unity 1, according to the map or plat thereof, recorded in Plat Book 11, Page(s) 3, Public Records of Walton County, Florida.
Tax Annual Amount
898
Legal Description
Lots 4, 5, 6, and 7, Lake Rosemary Estates Unity 1, according to the map or plat thereof, recorded in Plat Book 11, Page(s) 3, Public Records of Walton County, Florida.
Utilities
Sewer type
Septic Tank
Water source
Well
Water front features
Lake
Water front
1
Listing Agency:
Watersound Real Estate
(850) 231-7792
Listed By:
Misty McHenry · License #3139155
(850) 865-3085
Added: Oct 15, 2024
Changed: Sep 2
Last Checked: Sep 5 at 8:06AM
MLS# 961161
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
Key Highlights
- 9.63‑acre property with Hwy 331 frontage and 4 lots, with the rear backing up to Lake Rosemary
- Zoning currently allows up to 4 units per acre; conversion to commercial could allow up to 12 units per acre with Walton County approval
- Includes a 2‑bay pole barn with a storage room and a 3‑bay pole barn
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
24
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
Where is this residential land & home lot located?
The property is located at 1246 N US Hwy 331 Defuniak Springs, FL.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 9.63‑acre property with Hwy 331 frontage and 4 lots, with the rear backing up to Lake Rosemary; Zoning currently allows up to 4 units per acre; conversion to commercial could allow up to 12 units per acre with Walton County approval; Includes a 2‑bay pole barn with a storage room and a 3‑bay pole barn
