$132,000

261 Royal Palm Ave Defuniak Springs, FL 32433

Estimated payment $701/month

Total Views 6,561
1 Bed
1 Bath
600 Sq Ft
$220 Price per Sq Ft

Highlights

  • Hot Property
  • Porch
  • Laundry Room
  • Florida Architecture
  • Living Room
  • High Efficiency Air Conditioning

About This Home

Built in 2023, this 1 bedroom, 1 bathroom, 600 sq ft home, with detached laundry-room-shed, produces $1,000/month in rental income and has a tenant in place until 01/2026. Situated on just under 1/4 acre (new survey available), this home has tons of features: floor-to-ceiling spray foam, making it extremely energy efficient, 3/4'' treated plywood under all flooring, oil-painted plywood behind sheetrock in the kitchen and bathroom walls for increased durability and water protection. The detached laundry room was designed to eliminate any risk of potential water damage to the main house! Located only 45 minutes from the beautiful beaches of the Emerald Coast, and just 15 minutes from historic downtown DeFuniak Springs, grocery stores and I-10!
Schedule your appointment today!

Listing Agent

Adam Begin

LPT Realty LLC License #3391056 Listed on: 11/19/2025

LPT Realty LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2023

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80x62
  • Property fronts a county road
  • Property is Fully Fenced
  • Level Lot
  • Cleared Lot
  • Property is zoned County, Mobile Home, Resid Single Family

Home Design

  • Florida Architecture
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 600 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Laundry Room

Kitchen

  • Electric Oven or Range
  • Microwave
  • Ice Maker

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Porch

Schools

  • Mossy Head Elementary School
  • Walton Middle School
  • Walton High School

Utilities

  • High Efficiency Air Conditioning
  • High Efficiency Heating System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • Oakwood Hills Unit 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 16-3N-20-28060-021-0040

Home Details

Home Type

Single Family

Year Built

Built in 2023

Lot Details

0

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.23
  • Lot Size: 80x62
  • Road Frontage Type: County Road
  • Subdivision Name: OAKWOOD HILLS UNIT 1
  • Directions: From the Hwy 90 and 285 intersection, head E on 90 for approx. 3.7 miles. Left on Cottonwood Blvd, Right on W Royal Palm, property on right.
  • Architectural Style: Florida Cottage
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 1
  • Year Built: 2023
  • Remarks Misc:Remarks: Built in 2023, this 1 bedroom, 1 bathroom, 600 sq ft home, with detached laundry-room-shed, produces $1,000/month in rental income and has a tenant in place until 01/2026. Situated on just under 1/4 acre (new survey available), this home has tons of features: floor-to-ceiling spray foam, making it extremely energy efficient, 3/4'' treated plywood under all flooring, oil-painted plywood behind sheetrock in the kitchen and bathroom walls for increased durability and water protection. The detached laundry room was designed to eliminate any risk of potential water damage to the main house! Located only 45 minutes from the beautiful beaches of the Emerald Coast, and just 15 minutes from historic downtown DeFuniak Springs, grocery stores and I-10! Schedule your appointment today!
  • Utilities Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Utilities:Septic Tank: Yes
  • Energy:Heat High Efficiency: Yes
  • Utilities:Private Well: Yes
  • Appliances Microwave: Yes
  • Energy:AC - High Efficiency: Yes
  • Rooms:Laundry2: Yes
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Appliances: Microwave, Refrigerator W/IceMk, Stove/Oven Electric, Water Heater - Elect
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Appliances:StoveOven Electric: Yes
  • Appliances:Refrigerator WIceMk: Yes

Exterior Features

  • Fencing: Fenced Lot-All
  • Lot Features: Cleared, Level, Survey Available
  • Construction Type: Siding Wood
  • Patio And Porch Features: Porch Open
  • Property Condition: Construction Complete
  • Lot Features:Level: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Survey Available: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Lot Features:Cleared: Yes
  • Exterior:Porch Open: Yes
  • ConstructionSiding:Siding Wood: Yes
  • Exterior:Fenced Lot-All: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Sewer: Septic Tank
  • Utilities: Electric
  • Water Source: Well

Schools

  • Elementary School: Mossy Head
  • High School: Walton
  • Middle Or Junior School: Walton

Lot Info

  • Lot Size Sq Ft: 10018.8
  • Parcel #: 16-3N-20-28060-021-0040
  • Zoning: County, Mobile Home, Resid Single Family
  • Lot Features Coastal Barrier Zone: No

Tax Info

  • Tax Annual Amount: 92.79
  • Tax Year: 2025

Map

Range of Values:

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Value Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2025 $93 $11,250 $11,250 --
2024 $125 $73,561 $22,500 $51,061
2023 $125 $15,000 $15,000 $0
2022 $129 $15,060 $15,060 $0
2021 $57 $7,300 $7,300 $0
2020 $45 $4,896 $4,896 $0
2019 $44 $4,800 $4,800 $0
2018 $44 $4,800 $0 $0
2017 $45 $4,800 $4,800 $0
2016 $45 $4,800 $0 $0
2015 $46 $4,800 $0 $0
2014 $46 $4,800 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2025 11/19/25 For Sale $132,000 -- $220 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $100 Mead Law & Title
Special Warranty Deed $100 Mead Law & Title
Warranty Deed $13,700 Mead Law & Title
Warranty Deed $13,700 Mead Law & Title
Warranty Deed -- Mitchell Land And Title Inc
Corporate Deed -- Mitchell Land & Title Inc
Warranty Deed $17,000 Mitchell Land & Title Inc
Warranty Deed $2,500 --
Source: Public Records

About the Listing Agent

Adam Begin

LPT Realty LLC

(448) 233-5238

Section Image

As a naitive Floridian, Adam is passionate about his home state! Born and raised in the Daytona Beach area and now splits time between there and the panhandle of Florida. If you're looking to buy or sell in either of those areas, Adam is your guy!

As a full-time realtor since 2017, Adam is able to service his clients with top-notch care, attention to detail and knowledge about the real estate industry and state of Florida.

He is aware of what it takes to get you top-dollar on the

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Source: Emerald Coast Association of REALTORS®

MLS Number: 989940

Emerald Coast Association of REALTORS®

APN: 16-3N-20-28060-021-0040