$2,250,000

15 Acres Corbett Dr Defuniak Springs, FL 32435

Estimated payment $11,940/month

Total Views 6,314
15 Acres
$150,000 Price per Acre
653,400 Sq Ft Lot

Highlights

  • Home fronts a creek
  • 15 Acre Lot
  • Pond

About This Lot

This exceptional 15 ACRE COMMERCIAL property, ZONED C2, is strategically located just off US HWY 331S, across from WALMART and less than 1 MILE NORTH OF I-10, in the rapidly growing area of DEFUNIAK SPRINGS, FL. With convenient traffic light access from Corbett Drive and clear visibility from 331, this property offers unparalleled potential for a variety of commercial ventures.
Offering 15 ac +/- altogether, with approximately 10 ACRES UPLANDS (mostly level), plus additional natural features including a beaver pond and creek. C2 ZONING allows for diverse uses such as hotels/motels, apartments, retail stores, professional offices, banks, restaurants, auto dealerships and more. Easily seen from Hwy 331, the sellers have added an additional opportunity for a 331S MONUMENT SIGN. Flexible options include subdividing the property into 2, 3, or more parcels to suit your specific needs. Sellers are creative and willing to consider various, serious proposals. Whether you're looking to develop a single-use project or a mixed-use complex, this property can accommodate your vision. A completed HOTEL/MOTEL FEASIBILITY STUDY is available for review for serious buyers. With access to electric, city water and city sewer, this property is poised to be a project with the pieces of the puzzle needed for a straightforward start.

The natural features and layout of the property also provide numerous opportunities for landscaping and design. This is a rare opportunity to secure a prime piece of commercial real estate in a thriving market.

Listing Agent

Kim Wennerberg

Kim & Company License #669169 Listed on: 04/08/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,673

Lot Details

  • 15 Acre Lot
  • Home fronts a creek
  • Home fronts a pond
  • Property fronts a highway
  • Irregular Lot
  • Subdivision Possible
  • Property is zoned City, Commercial, Resid Multi-Family

Outdoor Features

  • Pond

Schools

  • West Defuniak Elementary School
  • Walton Middle School
  • Walton High School

Listing and Financial Details

  • Assessor Parcel Number 02-2N-19-18000-035-0000

Property Details

Property Type

Land

Est. Annual Taxes

$1,673

Lot Details

0

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 15.0
  • Lot Size: See Survey
  • Road Frontage Type: US Highway, City Road
  • Subdivision Name: METES & BOUNDS
  • Directions: From Highway 331: -Head north or south on US-331 toward DeFuniak Springs. - At the intersection (traffic light) of Corbett Rd. and Hwy 331S turn east onto Corbett. Walgreens and AT&T are on that corner. Property will be on your right.
  • Remarks Misc:Remarks: This exceptional 15 ACRE COMMERCIAL property, ZONED C2, is strategically located just off US HWY 331S, across from WALMART and less than 1 MILE NORTH OF I-10, in the rapidly growing area of DEFUNIAK SPRINGS, FL. With convenient traffic light access from Corbett Drive and clear visibility from 331, this property offers unparalleled potential for a variety of commercial ventures. Offering 15 ac +/- altogether, with approximately 10 ACRES UPLANDS (mostly level), plus additional natural features including a beaver pond and creek. C2 ZONING allows for diverse uses such as hotels/motels, apartments, retail stores, professional offices, banks, restaurants, auto dealerships and more. Easily seen from Hwy 331, the sellers have added an additional opportunity for a 331S MONUMENT SIGN. Flexible
  • Utilities:Sewer Available: Yes
  • Waterfront:Pond: Yes
  • Waterfront:Creek: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Irregular, See Remarks, Will Divide
  • Waterfront Features: Creek, Pond
  • Waterfront: Yes
  • Lot Features:See Remarks6: Yes
  • Lot Features:Irregular: Yes
  • Lot Features:Will Divide2: Yes

Utilities

  • Utilities: Sewer Available

Schools

  • Elementary School: West Defuniak
  • High School: Walton
  • Middle Or Junior School: Walton

Lot Info

  • Lot Size Sq Ft: 653400.0
  • Parcel #: 02-2N-19-18000-035-0000
  • Zoning: City, Commercial, Resid Multi-Family

Tax Info

  • Tax Annual Amount: 1672.52
  • Tax Year: 2024

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2025 04/08/25 For Sale $2,250,000 -- --
Source: Emerald Coast Association of REALTORS®

Source: Emerald Coast Association of REALTORS®

MLS Number: 973372

Emerald Coast Association of REALTORS®