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Commercial Land with Highway Frontage
For Sale
$1,995,000

1368 US-331, Defuniak Springs, FL 32435

Commercial for Sale, DeFuniak Springs, FL

Property SizeContact for details
Days on Market332

Property Features for 1368 US-331

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Directions From I-10, continue north approximately 1/2 mile on United States Highway 331. Subject property will be on your left.
Subdivision 23 - North Walton County
Standard status Active
APN 03-2N-19-18000-007-0000

Taxes and HOA fees

Tax Description Walton County, Florida Parcel ID: 03-2N-19-18000-007-0000
Legal Description Walton County, Florida Parcel ID: 03-2N-19-18000-007-0000
Listing Agency: Somers & Company
Listed By: John Paul Somers · License #3210089
Added: Oct 17, 2025 Changed: Sep 11 Last Checked: Sep 13 at 4:06AM
MLS# 987734

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.

This commercial land offering includes approximately 4+/- acres within the city limits of DeFuniak Springs. The property is zoned Commercial and provides more than 340+/- feet of frontage along U.S. Highway 331. Existing structures convey as is.

The site is located 1/2 mile north of Interstate 10, with connections toward South Walton, Destin, Fort Walton Beach, Panama City, Niceville, Eglin AFB, and Crestview. Adjacent parcels may offer the possibility of assemblage. An existing survey is available in the listing documents.

Key Highlights

  • 4+/- acres of commercial land
  • Commercial zoning within the city limits of DeFuniak Springs
  • Over 340+/- feet of frontage on U.S. Highway 331

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Electrical Service Plumbing Service Garden Center (Bike/Boat/Book/etc) Store Law Firm Kitchen & Bath Showroom

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

234
Businesses Nearby

Demographics for 32435, FL

6,935
Population
2,885
Households
2.4
Avg Household Size
44
Median Age
27%
College-Educated
91%
High-School Grad
136.7 sq mi
ZIP Area
51
Density / Sq Mi
$63,017
Median Household Income
$39,030
Median Earnings
$742
Median Rent
$185,600
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?
Commercial land - Commercial zoning and U.S. Highway 331 frontage define this development-oriented land offering.
Where is this commercial land located?
The property is located at 1368 US-331 Defuniak Springs, FL.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: 4+/- acres of commercial land; Commercial zoning within the city limits of DeFuniak Springs; Over 340+/- feet of frontage on U.S. Highway 331
More about this property
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