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Medical Suite in DeFuniak Springs
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4415 Hwy 331, Defuniak Springs, FL 32433

Medical suite in multi-tenant building near hospital in growing area.

Property Size4,400 SF
Lot Size1.91 Acres
Price / SF$0.00
Days on Market982

Property Features for 4415 Hwy 331

General Information

Standard status Active
Size 4,400 SF
Lot size 1.91 Acres
Listing Agency: Nai Talcor
Listed By: Wendy Partie · License #SL3580252
Source: Exprealty
Added: Jan 3, 2024 Changed: Aug 28 Last Checked: Sep 10 at 11:21AM

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 Nai Talcor

Investment Insights

Based on property information with market context.

A medical suite offering approximately 4,400 square feet is available within a multi-tenant medical office building. The building is located adjacent to the only hospital serving North Walton County and is situated minutes from I-10 in the rapidly growing DeFuniak Springs area. The property has been recently upgraded and features a tenant mix including Dermatology Solutions Group, Clearway Pain, and Ascension Sacred Heart Health. The suite includes a mix of clinical rooms along with a large open treatment area, making it well suited for uses such as infusion therapy, physical therapy, rehabilitation, or other specialties that benefit from flexible space. Existing improvements include five exam rooms, a private office, a nurses' station, and a restroom. The open area can be tailored to fit a variety of practice needs. Tenants have access to a spacious common lobby, administrative support areas, private entrances, shared nurses' stations, and updated staff facilities. The property offers ample parking and dual ingress and egress, providing ease of access for both patients and staff. Timeshare options are also available.

Key Highlights

  • Located adjacent to the only hospital serving North Walton County, providing immediate access to referral networks and patient base.
  • Recently upgraded medical suite with flexible layout suitable for various medical specialties.
  • Located in a rapidly growing area of DeFuniak Springs, minutes from I‑10, offering excellent accessibility.

Property Analytics

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Current Use

Healthmark Rural Health ... Medical Clinic

Suggested Use

Top Pick Building Supply Electrical Service Auto Repair Shop Storage Facility Big Box & Wholesale Store Plumbing Service

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

29
Businesses Nearby
Well-served
Demand for This Use

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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Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Medical suite in multi-tenant building near hospital in growing area.
Where is this medical office space located?
The property is located at 4415 Hwy 331 Defuniak Springs, FL.
What are key features of this property?
This property features: Located adjacent to the only hospital serving North Walton County, providing immediate access to referral networks and patient base.; Recently upgraded medical suite with flexible layout suitable for various medical specialties.; Located in a rapidly growing area of DeFuniak Springs, minutes from I‑10, offering excellent accessibility.
More about this property
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