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Commercial Land with Highway Frontage
New
For Sale
$639,000

7765 S US Highway 331, Defuniak Springs, FL 32435

Land, DeFuniak Springs, FL

Property SizeContact for details
Lot Size9.40 Acres
Days on Market2

Property Features for 7765 S US Highway 331

General Information

Property type Land
Property subtype Other
Zoning Agriculture, Commercial,
Lot features Irregular, Level, Survey Available
Elementary school West Defuniak
Middle school Walton
High school Walton
Directions From the intersection of Hwy 20 and Hwy 331, head north on Hwy 331. GPS friendly; property will be located on the right (east) of Hwy 331.
Subdivision 23 - North Walton County
Standard status Active
APN 02-1N-19-17000-005-0000
Lot size 9.40 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description See deed attached in MLS documents for legal description.
Tax Annual Amount 967
Legal Description See deed attached in MLS documents for legal description.

Utilities

Sewer type Septic Tank
Water source Well
Listing Agency: Keller Williams Realty SRB
Listed By: Evan H Dickson · License #3369397
Added: Sep 14 Last Checked: Sep 15 at 6:06AM
MLS# 1011921

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 9.4-acre commercial land tract includes 576 feet of frontage along S. Hwy 331 in DeFuniak Springs. The property is described as high and dry and includes a 1996 mobile home; a separate 2017 mobile home is not included. Existing residential improvements use well water and septic tanks, while city water and gas are available.

S. Hwy 331 serves as a regional route toward South Walton, Santa Rosa Beach, and the beaches of Hwy 30A. The site is approximately 10 minutes from Interstate 10 and less than 30 minutes from Grayton Beach, with access to retail areas in Freeport and DeFuniak Springs.

Key Highlights

  • 9.4‑acre commercial land tract
  • 576 feet fronting S. Hwy 331
  • High‑and‑dry site along a regional commercial corridor

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Travel Agency Wine and Liquor Store Law Firm

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

9
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 - High-and-dry acreage offers commercial frontage along a major regional corridor with access to well and septic infrastructure.
Where is this commercial land located?
The property is located at 7765 S US Highway 331 Defuniak Springs, FL.
What is the asking price?
The asking price for this property is $639,000.
What are key features of this property?
This property features: 9.4‑acre commercial land tract; 576 feet fronting S. Hwy 331; High‑and‑dry site along a regional commercial corridor
More about this property
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