Us Highway 331 Defuniak Springs, FL 32435

** Bay Springs Development ** is a prime 11.36-acre investment opportunity located in DeFuniak Springs, FL. This property boasts 8.67 acres of uplands, including a parcel with highway visibility on US HWY 331, in an area poised for growth. Adjacent to well-known retailers like Tractor Supply and with HCA and Marriott developments underway in the vicinity, it's a strategic location for a variety of ventures. The site offers cleared and graded dirt with utilities stubbed out, making it pad-ready for development. Notably, Lennar Homes is currently building 127 single-family homes in Phase I, 106 in Phase II, and earmarked 118 townhomes for their Bay Springs project. Additional builders have 170+ lots available for development in Phase III & IV. Priced at $4,515,000, this property presents an enticing opportunity in a tax-free income state. Ideal for investors looking to capitalize on the expanding market of DeFuniak Springs.