Oversized Waterfront Lot in
For Sale
$59,900
Lot 20 Magnolia Lake Drive, Defuniak Springs, FL 32433
Rare 1.3 acre waterfront lot in established neighborhood.
Property Size57,499 SF
Price / SF$1.04
Days on Market445
Property Features for Lot 20 Magnolia Lake Drive
General Information
Standard status
Active
Size
57,499 SF
Property subtype
Land / Vacant Land
Zoning
Resid Single Family
Taxes and HOA fees
Annual Taxes
$304
Amenities
0.0
Listing Agency:
Kim & Company
Listed By:
Kim E Wennerberg · License #669169
(850) 635-1801
Source:
Compass
Added: Jun 22, 2025
Changed: Sep 8
Last Checked: Mar 25 at 3:33PM
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 Kim & Company
Investment Insights
Based on property information with market context.
This oversized 1.3 acre waterfront lot is located on a cul-de-sac with 225 feet of waterfront in Magnolia Lake Estates, a small neighborhood within the city limits of DeFuniak Springs. The property is a 5-minute drive to the historic downtown area. The lot is mostly wooded, but some underbrush has been cleared. The adjacent property is owned by the city and contains a retention area and lift station. The location allows for building a home in a private and secluded location. The property is located close to schools, parks, and shopping, with one entrance for a protected neighborhood environment. Electric, public water, sewer, natural gas, and high-speed internet are available, though tap fees are unpaid.
Key Highlights
- 1.3 Acre Oversized Waterfront Lot with 225 Waterfront Feet
- Located on a Cul‑de‑sac in Magnolia Lake Estates
- Adjacent Property Owned by the City Ensures No Future Construction
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
47
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
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Frequently Asked Questions
What type of property is this?
Land - Rare 1.3 acre waterfront lot in established neighborhood.
Where is this land located?
The property is located at Lot 20 Magnolia Lake Drive Defuniak Springs, FL.
What is the asking price?
The asking price for this property is $59,900.
What are key features of this property?
This property features: 1.3 Acre Oversized Waterfront Lot with **225 Waterfront Feet**; Located on a Cul‑de‑sac in Magnolia Lake Estates; Adjacent Property Owned by the City Ensures No Future Construction
