118 E Toledo Ave Defuniak Springs, FL 32433
Estimated payment $345/month
Highlights
- Popular Property
- No HOA
- Living Room
- Florida Architecture
About This Home
Investor special in DeFuniak Springs with major upside potential. This 4 bedroom, 2 bathroom home spans approximately 1,600 square feet and sits in a prime location near schools, parks, shopping, and only 45 minutes from the beach and Destin-Fort Walton Beach Airport. Built in 1940, the property will require a full renovation, including roof replacement. Currently squatter-occupied.Seller will ensure the property is delivered vacant and free of squatters prior to closing. Offers contingent upon squatter removal will be considered.Assignment of contract sale. Seller holds equitable interest in the property and will assign contract rights to the end buyer at closing. Buyer to pay all closing costs. Earnest money deposit of $2,500 is required.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $784
Year Built
- Built in 1940
Lot Details
- 0.29 Acre Lot
- Lot Dimensions are 150 x 75
Home Design
- Florida Architecture
Interior Spaces
- 1,198 Sq Ft Home
- Living Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Utilities
- Well
- Septic Tank
Community Details
- No Home Owners Association
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $689 | $60,473 | $15,000 | $45,473 |
| 2023 | $689 | $49,837 | $3,291 | $46,546 |
| 2022 | $616 | $45,446 | $3,653 | $41,793 |
| 2021 | $465 | $34,417 | $3,013 | $31,404 |
| 2020 | $409 | $29,756 | $2,526 | $27,230 |
| 2019 | $389 | $29,471 | $2,476 | $26,995 |
| 2018 | $392 | $29,616 | $0 | $0 |
| 2017 | $394 | $29,730 | $2,476 | $27,254 |
| 2016 | $397 | $29,676 | $0 | $0 |
| 2015 | $396 | $29,291 | $0 | $0 |
| 2014 | $414 | $30,327 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/29/2025 05/29/25 | For Sale | $49,999 | -- | $42 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $47,000 | Landmark Title & Escrow Inc |
Source: Central Panhandle Association of REALTORS®
MLS Number: 774137
APN: 25-3N-19-19070-001-7390
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