$795,000

4319 Us Highway 331 Defuniak Springs, FL 32433

Estimated payment $4,251/month

Total Views 5,023
5.41 Acres
$146,950 Price per Acre
235,660 Sq Ft Lot

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.

Listing Agent

Kim Wennerberg

Kim & Company License #669169 Listed on: 04/25/2025

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

Property Details

Property Type

Land

Est. Annual Taxes

$984

Lot Details

0

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 5.41
  • Lot Size: 1000 x 199 x 1300 x 360
  • Road Frontage Type: US Highway
  • Subdivision Name: DEFUNIAK SPRINGS TOWN OF
  • Directions: From I-10 and 331, go south on Hwy 331S. Property will be on the left side, just before North Walton Doctors Medical on the east side of Hwy 331S.
  • Remarks Misc:Remarks: 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
  • Utilities Electric: Yes
  • Utilities:Sewer Available: Yes
  • Utilities:Private Well: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Cleared, See Remarks
  • Lot Features:See Remarks6: Yes
  • Lot Features:Cleared: Yes

Utilities

  • Utilities: Electric, Sewer Available
  • Water Source: Well

Schools

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

Lot Info

  • Lot Size Sq Ft: 235659.6
  • Parcel #: 23-2N-19-18000-004-0030
  • Zoning: County

Tax Info

  • Tax Annual Amount: 984.46
  • Tax Year: 2024

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

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
Source: Public Records

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 -- --
Source: Emerald Coast Association of REALTORS®

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: Public Records

Source: Emerald Coast Association of REALTORS®

MLS Number: 974897

Emerald Coast Association of REALTORS®

APN: 23-2N-19-18000-004-0030