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Commercial Land with Highway Frontage
For Sale
$2,350,000

23.6 Acres N US Highway 331, Defuniak Springs, FL 32433

Commercial for Sale, DeFuniak Springs, FL

Property SizeContact for details
Lot Size23.60 Acres
Days on Market343

Property Features for 23.6 Acres N US Highway 331

General Information

Property type Commercial Sale
Property subtype Other
Directions From Hwy 90 - travel N on Hwy 331 to the intersection with Sunrise Rd on the left.
Subdivision 23 - North Walton County
Standard status Active
APN 08-3N-19-19000-001-0020
Lot size 23.60 Acres

Taxes and HOA fees

Tax Description Two (2) Parcels: 08-3N-19-19000-001-0020 and 08-3N-19-19000-001-0030
Legal Description Two (2) Parcels: 08-3N-19-19000-001-0020 and 08-3N-19-19000-001-0030
Listing Agency: Coldwell Banker Realty · Coldwell Banker Real Estate
Listed By: The Proper Group · License #BK3153120
Added: Oct 6, 2025 Changed: Sep 11 Last Checked: Sep 13 at 2:06AM
MLS# 986903

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 23.6-acre commercial land tract occupies a corner position at Highway 331 North and Sunrise Road in North Walton County. The property provides more than 995 feet of paved road frontage, with level terrain that can simplify future site planning and construction. Rural Village zoning is identified for the parcel.

The site is near DeFuniak Springs and I-10, with access to the South Walton and Emerald Coast markets. Its corner configuration places the acreage along a transportation corridor connecting the surrounding area. The source information identifies potential applications including neighborhood-scale retail, residential subdivision, and live/work development.

Key Highlights

  • 23.6 acres at the corner of Hwy 331 N and Sunrise Road
  • Over 995 feet of paved road frontage
  • Rural Village zoning

Property Analytics

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Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

7
Businesses Nearby

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
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Frequently Asked Questions

What type of property is this?
Commercial land - Rural Village zoning and level terrain establish a flexible framework for future site planning.
Where is this commercial land located?
The property is located at 23.6 Acres N US Highway 331 Defuniak Springs, FL.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: 23.6 acres at the corner of Hwy 331 N and Sunrise Road; Over 995 feet of paved road frontage; Rural Village zoning
More about this property
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