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Property profile & analytics
OFF-MARKET
Land

1368 Us-331 DeFuniak Springs, FL 32435

4.3 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 4.3-acre parcel presents a prime development opportunity in DeFuniak Springs, Walton County, Florida. Strategically located within city limits, this property boasts over 340 feet of frontage on US Highway 331, ensuring high visibility and accessibility. Currently zoned residential with a future land use designation of commercial, this land offers significant flexibility for various development projects. Its convenient location, approximately half a mile north of Interstate 10, provides easy access to South Walton County, Destin, Fort Walton Beach, Panama City, and Crestview. The property's potential is further enhanced by the possibility of assembling adjacent parcels, creating an even larger development footprint. The property and any existing structures are sold "as is." The APN is 03-2N-19-18000-007-0000. This is a remarkable opportunity for investors seeking a high-impact location in a thriving Florida market. The asking price is $2,495,000. The property's address is 1368 US-331, DeFuniak Springs, FL 32435.

Property profile
Verified
Property type Land
Lot 4.3 ac (187,308 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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