4319 Us Highway 331 Defuniak Springs, FL 32433
Estimated payment $4,251/month
About This Lot
Prime 5-acre parcel with 200 front feet on Hwy 331S, ideally situated just south of I-10 and abutting North Walton Doctors Medical on the north side in DeFuniak Springs. Currently zoned Estate Residential, this property offers significant future upside as it borders commercial zoning, making rezoning a real possibility for a variety of uses. The site features a 4,000 sq ft warehouse, providing immediate utility for storage, distribution, or conversion to office or service space. The FDOT-reported traffic count is appx 23,000 vehicles per day for exceptional visibility. Adjacency to North Walton Doctors Hospital makes it especially attractive for ancillary medical services, clinics, therapy centers, professional offices, as well as other commercial ventures seeking high
exposure and convenient access to major transportation routes. Other area healthcare related facilities in near proximity include LeCom Dental School and the forthcoming HCA stand-alone ER, both located at the intersection of Hwy 331S and I-10. Don't miss this rare opportunity to secure a strategically located tract with outstanding development potential in a rapidly growing corridor. Rezoning to commercial is feasibleunlocking even greater value for those looking to capitalize on the area's growth and demand for medical and business services.
Property Details
Property Type
- Land
Est. Annual Taxes
- $984
Lot Details
- 5.41 Acre Lot
- Lot Dimensions are 1000 x 199 x 1300 x 360
- Property fronts a highway
- Cleared Lot
- Property is zoned County
Schools
- West Defuniak Elementary School
- Walton Middle School
- Walton High School
Utilities
- Well
Community Details
- Defuniak Springs Town Of Subdivision
Listing and Financial Details
- Assessor Parcel Number 23-2N-19-18000-004-0030
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 |
|---|---|---|---|---|
| 2025 | $3,031 | $362,971 | $297,550 | $65,421 |
| 2024 | $946 | $114,645 | $77,394 | $37,251 |
| 2023 | $946 | $101,331 | $0 | $0 |
| 2022 | $977 | $126,364 | $85,908 | $40,456 |
| 2021 | $789 | $83,745 | $48,690 | $35,055 |
| 2020 | $795 | $81,729 | $48,690 | $33,039 |
| 2019 | $799 | $82,689 | $48,690 | $33,999 |
| 2018 | $768 | $78,987 | $0 | $0 |
| 2017 | $779 | $79,810 | $48,690 | $31,120 |
| 2016 | $794 | $80,632 | $0 | $0 |
| 2015 | $811 | $81,044 | $0 | $0 |
| 2014 | $782 | $77,885 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/22/2025 09/22/25 | Price Changed | $795,000 | -11.4% | -- |
| 07/21/2025 07/21/25 | Price Changed | $897,000 | -3.0% | -- |
| 04/25/2025 04/25/25 | For Sale | $925,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $100 | None Listed On Document | |
| Quit Claim Deed | $100 | None Listed On Document |
Source: Emerald Coast Association of REALTORS®
MLS Number: 974897
APN: 23-2N-19-18000-004-0030
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