117 Acres Fl-83 DeFuniak Springs, FL 32433
- Land
- 117.35 lot acres
Current Use by Public Records
- Land
Property Details for 117 Acres Fl-83
- Lot size
- 117.35 lot acres
- Property type
- Land
Description
This exceptional 117.35-acre parcel presents a remarkable investment opportunity in the thriving DeFuniak Springs, Florida market. Ideally situated in Walton County, with a 32433 zip code, this property boasts significant road frontage along State Highway 83, offering multiple access points via Windham Way and Church Street. Zoned for Residential Single Family use (R-1), this land is perfectly positioned just north of the local high school, benefiting from its proximity to established community infrastructure. The property's strategic location on the Florida Panhandle, midway between Tallahassee and Pensacola, is further enhanced by the recent widening of US 331 to four lanes, stimulating economic growth and improving accessibility. Detailed engineering for 249 residential lots has already been completed, and a comprehensive survey is available. This turnkey development site offers significant potential for residential construction, capitalizing on the area's expanding population and strong demand for housing. The asking price is $2,700,000. Don't miss this chance to acquire a substantial land holding in a rapidly developing Florida community.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- DeFuniak Springs
- County
- Walton
- State
- Florida
- Longitude
- -86.1135
- Latitude
- 30.7549
