NOT LISTED FOR SALE

331 I 10 and Us Hwy 331 Defuniak Springs, FL 32435

1,400 Acres
-- Price per Acre
60,984,000 Sq Ft Lot

Last Sold January 16, 2018

Last sale price $5,520,000

822 Days on Market

Highlights

  • 1,400 Acre Lot
  • Timber
  • Fenced
  • Pasture
  • Agricultural

About This Lot

As of January 2018

Rare opportunity for investors/developers to own a parcel of this size so close to Emerald Coast Beaches. Gateway property site in DeFuniak Springs, FL located at I-10 and Hwy 331, the major north-south connector to Emerald Coast Beaches only 30 minutes away. With over 2 +/- miles frontage on Interstate 10 and 1.5 +/- miles on Hwy 331, this 1400+/- acre parcel has unlimited development potential including commercial, residential, golf course, recreation, multifamily, manufacturing, industrial/cargo, alternative energy park. The surrounding area is mixed use and an above average location for a variety of commercial and other uses consistent with coastal oriented Walton County. Commercial consistent with neighboring properties. Water and sanitary sewer available from the City of Defuniak Springs and would allow for development of the site. Physical attributes of the property are adequate to support a broad range of construction alternatives oriented towards a future interchange oriented commercial use. Several lakes and ponds on property. Florida Dept. of Transportation is in process of widening U.S. 331 and will provide several new access points to property (details available upon request). This is an excellent development opportunity or buy / hold investment. Site is approx. 30 minutes Northwest of the Panama City International airport.

Last Agent to Sell the Property

Deborah Channell

World Impact Real Estate License #3028549 Listed on: 02/16/2015

World Impact Real Estate

Last Buyer's Agent

Deborah Channell

World Impact Real Estate License #3028549 Listed on: 02/16/2015

World Impact Real Estate

Property Details

Property Type

  • Land

Lot Details

  • 1,400 Acre Lot
  • Property fronts a highway
  • Fenced
  • Property is zoned Agriculture

Schools

  • Freeport Elementary And Middle School
  • Freeport High School

Farming

  • Timber
  • Agricultural
  • Pasture

Listing and Financial Details

  • Assessor Parcel Number 11-2N-19-18000-001-0000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Sub Type: Agricultural
  • Prop. Type: Land
  • Lot Size Acres: 1400.0
  • Lot Size: SEE BOUNDARY MAP
  • Road Frontage Type: US Highway
  • Directions: Located east side of US 331 and south of Interstate 10 at the intersection of the DeFuniak Springs exit of I 10 and US Hwy 331.
  • Special Features: None

Exterior Features

  • Fencing: Fenced

Utilities

  • Utilities: Sewer Available

Schools

  • Elementary School: Freeport
  • High School: Freeport
  • Middle Or Junior School: Freeport

Lot Info

  • Current Use: Pasture, Timber
  • Lot Size Sq Ft: 60984000.0
  • Parcel #: 11-2N-19-18000-001-0000
  • Zoning: Agriculture
  • ResoLotSizeUnits: Acres

Range of Values:

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Average Value
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List Price
Sold Price
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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 Change Sq Ft Price
01/16/2018 01/16/18 Sold $5,520,000 0.0% --
05/18/2017 05/18/17 Pending -- -- --
02/16/2015 02/16/15 For Sale $5,520,000 -- --
Source: Emerald Coast Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Deborah Channell

    Seller's Agent in 2018

    Deborah Channell

    World Impact Real Estate

    (850) 499-5789

    11 Total Sales

    Deborah Channell
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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 613190

Emerald Coast Association of REALTORS®

Florida Walton County Defuniak Springs 32435

331 I 10 and Us Hwy 331, Defuniak Springs, FL

This home is located at 331 I 10 and Us Hwy 331, Defuniak Springs, FL 32435 since 16 February 2015. 331 I 10 and Us Hwy 331 is a home located in Walton County with nearby schools including West Defuniak Elementary School, Maude Saunders Elementary School, and Walton Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Emerald Coast Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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