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    Property profile & analytics

    400 Nelson Ave Defuniak Springs, FL 32433-7443

    • Hotels
    • 8,530 SF
    • 0.09 lot acres
    OFF-MARKET
    Value Estimation
    $325,000
    Location Intelligence
    Property ID
    US19-0456118
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Cafe Nola Defuniak / Creole Restaurant / Bar & Grill
    • Hotel Defuniak / Hotel

    Property Details for 400 Nelson Ave

    Year built
    1920
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.09 lot acres
    Property size
    8,530 SF
    Zone code
    HWY90
    Property type
    Hotels
    APN
    25-3N-19-19070-000-8420
    APU
    253N19190700008420

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $350,000

    • CAP approach

      CAP return
      Estimation
      6%
      $265,000
      6.5%
      $295,000
      7%
      $265,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $265,000
      Geo Method
      $300,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $320,000
      Retail
      $310,000
      Mixed-Use
      $325,000
      Hospitality
      $250,000
      Educational
      $335,000
      Residential Income
      $320,000
      Energy
      $290,000
      Income-Based Land
      $300,000
      Food Service
      $300,000

    Location Insight

    • Map
    • Local Demand
    City
    Defuniak Springs
    County
    Walton
    State
    Florida
    Longitude
    -86.1139
    Latitude
    30.7211
    CBSA code
    18880
    CBSA name
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,100
    $0.00
    $405,186
    $405,186
    -
    $0.00
    $405,186
    $405,186

    Comparable in this City

    • Value Estimation
      $310,000
      1,088 SF

      580 Holley King Rd

      HOTEL • 1,088 SF
      580 Holley King Rd, Defuniak Springs, FL 32433-7626
      View Details
    • Value Estimation
      $340,000
      4,625 SF

      545 Us Hwy 90th W

      HOTEL • 4,625 SF
      545 Us Hwy 90th W, Defuniak Springs, FL 32433-1458
      View Details
    • Value Estimation
      $350,000
      4,947 SF

      1304 Us Hwy 90th W

      MOTEL • 4,947 SF
      1304 Us Hwy 90th W, Defuniak Springs, FL 32433-1410
      View Details
    • Value Estimation by Request
      42.00 Acres

      5676 Defuniak Spg

      Farms • 2,061 SF
      5676 Defuniak Spg, DeFuniak Springs, FL 32433
      View Details
    • Value Estimation by Request
      0.63 Acres

      1 Blue Rdg Blvd

      CHARITABLE ORGANIZATION • 0.63 Acres
      1 Blue Rdg Blvd, Defuniak Springs, FL 32433-4855
      View Details
    • Value Estimation by Request
      0.16 Acres

      Defuniak Springs, FL 32433

      VACANT COMMERCIAL LAND • 0.16 Acres
      Defuniak Springs, FL 32433
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • $5,000 /Mo
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      5,000 SF warehouse near I-10, FedEx, and future Amazon.
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      4,000 SF building suitable for showroom, banquet hall, gallery.
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    • Contact for pricing
      30,000 SF

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      Modern Distribution Center, DeFuniak Springs, FL
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      DeFuniak Springs Office For Rent

      Office building for lease with highway frontage and ample parking.
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    • $1,500 /Mo
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      1000 SF office space in a prime commercial location.
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      View Details
    • $5,000 /Mo

      Warehouse Space Near Distribution Hubs

      5,000 SF warehouse near I-10, FedEx, and Amazon.
      15000 Us Highway 90, Defuniak Springs, FL 32433
      View Details
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    400 Nelson Ave
    Defuniak Springs, FL 32433-7443
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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