$700,000

TBD Us Highway 331 Defuniak Springs, FL 32435

Estimated payment $4,573/month

Total Views 5,252
8 Acres
$90,674 Price per Acre
336,283 Sq Ft Lot

About This Lot

Exceptional Development Opportunity: 8 Acres on HWY 331Attention developers, builders, and entrepreneurs: this 8-acre parcel zoned Residential Estates is an unparalleled opportunity for those looking to capitalize on a highly sought-after location. Situated on HWY 331, the property boasts:"Prime Location: Just minutes from the I-10 interstate and within close proximity to the world-renowned beaches of South Walton."Endless Possibilities: Perfect for residential estates, boutique developments, or creative projects that cater to the area's growing demand for housing and amenities."Expansion Potential: An additional 7.5-acre Light Industrial parcel is available, allowing you to combine both properties for a total of 15.5 acres of high-value land with diverse zoning opportunities.The combination of highway frontage, accessibility, and proximity to South Walton's booming communities makes this a rare investment opportunity. Whether you envision luxury estates, a mixed-use community, or a strategic industrial/residential project, this property offers the space and location to make it a reality.Don't miss your chance to bring your vision to life in one of the fastest-growing areas of Northwest Florida!

Listing Agent

Seth Matthews

Real Broker LLC License #3191771 Listed on: 12/15/2024

Real Broker LLC

Property Details

Property Type

  • Land

Lot Details

  • 7.72 Acre Lot
  • Lot Dimensions are 505x660x520x658
  • Property fronts a highway
  • Property fronts an easement

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 02-1N-19-17000-004-0040

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 7.72
  • Lot Size: 505x660x520x658
  • Road Frontage Type: US Highway, City Road, Easement
  • Subdivision Name: NA
  • Directions: Google.. Head south from I-10 and Warfighter road will be on Lefthand-side.
  • Utilities Electric: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Survey Available
  • Lot Features:Survey Available: Yes

Utilities

  • Utilities: Electric

Schools

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

Lot Info

  • Lot Size Sq Ft: 336283.2
  • Parcel #: 02-1N-19-17000-004-0040
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Map

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
12/15/2024 12/15/24 For Sale $850,000 +21.4% --
12/15/2024 12/15/24 For Sale $700,000 -- --
Source: Emerald Coast Association of REALTORS®

Source: Emerald Coast Association of REALTORS®

MLS Number: 964760

Emerald Coast Association of REALTORS®