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OFF-MARKET
Specialty properties

5676 Defuniak Spg DeFuniak Springs, FL 32433

2,061 SF 42 ac lot Built 2003
Property ID
Property summary
AI-generated overview

This exceptional 42-acre equestrian property in DeFuniak Springs, Florida, presents a unique investment opportunity. The property includes a stunning 3-bedroom, 3-bathroom home featuring two living areas with fireplaces, a gourmet kitchen with granite countertops, and a master suite with a jetted tub and walk-in shower. Outdoor amenities include a kidney-shaped pool and hot tub on a large screened patio. The state-of-the-art equestrian facilities are designed for training, boarding, and breeding, and include a 4,800 sq ft modern horse barn with twelve 14x14 stalls, each with a center drain and individual high-performance ceiling fans, custom slip-resistant rubber mats, and a fly control system. An air-conditioned tack room with washer/dryer, refrigerator, hot and cold water, and a half bath is also included. Additional barns provide 4,840 sq ft of equipment/storage space and 6,850 sq ft of hay/shavings storage. Seven fenced paddocks with Argentine Bahia grass and automated watering systems are also present. A lighted outdoor riding arena with performance-designed footing, an industrial diesel generator, and a high-pressure agricultural well ensure self-sufficiency. The property is conveniently located near I-10, South Walton beaches, and the Destin-Fort Walton Airport. The permitted zoning is agricultural. Built in 2003, the property boasts four buildings and a total of 2,061 square feet of building space. The asking price is $3,200,000. APN: 35-5N-20-30000-006-0000.

Property profile
Verified
Property type Specialty properties
Year built 2003
Total area 2,061 SF
Lot 42 ac (1,829,520 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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