Walton County FL Homes for Sale

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  /28

  $329,000

  • Land
  • 0.1 Acre
  • $3,290,000 per Acre

  TBD Grande Pointe Dr Unit Lot 68, Inlet Beach, FL 32461

  Discover the opportunity to build your ideal coastal retreat within the sought-after community of Grande Pointe at Inlet Beach, where modern coastal architecture meets an exceptional natural setting. Ideally located less than a mile from the area's largest public beach access, Alys & Rosemary Beach, as well as 30Avenue and Scenic 30A, this homesite places you at the center of everything that

  Abbott Martin Group EXP Realty LLC

  TBD Grande Pointe Dr Unit Lot 68, Inlet Beach, FL 32461
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  /39

  $937,000

  • 3 Beds
  • 3 Baths
  • 2,331 Sq Ft

  209 Orman Ct, Vernon, FL 32462

  This stunning 3-bedroom, 3-bathroom home with a private office is located on the highly desirable Orman Court cul-de-sac within the gated NatureWalk at Watersound Origins community. Situated on a premium lot that backs up to picturesque evergreens, the property offers exceptional privacy and year-round sunset views. This popular Marco floorplan by Kolter Homes features a spacious, open-concept

  Stephen Hachey Flat Fee MLS Realty

  209 Orman Ct, Vernon, FL 32462
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  /32

  $624,000

  • 3 Beds
  • 2.5 Baths
  • 2,267 Sq Ft

  444 Pitts Bayshore Dr, Freeport, FL 32439

  WATERFRONT! FISHERMAN'S PARADISE! This one story three bedroom two and half bath brick home offers over 2200 square feet of heated and cooled living space. Walk out the back door and you will find a wide deep water canal that can take you and your watercraft/boat to the fishing and water sports that the Choctawhatchee Bay and Gulf of America have to offer. Set on nearly a half acre of land, you

  Jon Harstvedt Ocean Reef Realty Inc

  444 Pitts Bayshore Dr, Freeport, FL 32439
• 

  

  

  /22

  $850,000

  • Land
  • 0.22 Acre
  • $3,863,636 per Acre

  Lot 8 Wilderness Way, Santa Rosa Beach, FL 32459

  Amazing Opportunity to build your dream home in the most desirable neighborhood on 30A. LakePlace @ Grayton Beach is a lovely gated community situated on 30A, along the Banks of Western Lake, a rare coastal dune lake that's a popular spot for fishing, kayaking & paddle boarding to the white sands of Grayton Beach. LakePlace is a short walk/bike from the beautiful Gulf of Mexico & offers a

  Kay Khaldi La Florida Coastal Properties

  Lot 8 Wilderness Way, Santa Rosa Beach, FL 32459
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  /64

  $874,500 Open Fri 11:30AM - 2:30PM

  • 3 Beds
  • 2.5 Baths
  • 1,735 Sq Ft

  190 Gulfview Cir, Santa Rosa Beach, FL 32459

  Just 40 steps from the Highland Parks resort-style pool, Emerald Escape enjoys a prime location in Blue Mountain Beach. This 3BR home with bunk space comfortably sleeps 9 and sits on a larger corner homesite with side-by-side parking for up to 5 vehicles. Across from Point Washington State Forest and less than 500 yards to the trailhead, the property offers a rare blend of privacy and access to

  

  Jennifer Hatcher

  Christies International Real Estate Emerald Coast

  (448) 200-5316

  190 Gulfview Cir, Santa Rosa Beach, FL 32459
• 

  

  /12

  $790,000

  • Land
  • 1.47 Acres
  • $537,415 per Acre

  40 Jones Dr, Freeport, FL 32439

  Hwy 331S - Fantastic opportunity for this corner 1.47 acre site just 1/4 mile south of the incoming Walmart in Freeport, FL. Located inside the city limits with appx 171 front feet on Hwy 331 and frontage on Jones Dr also. Zoned Rural Village with C-1 and C-2 zoning surrounding the property, so rezoning would be a distinct possibility (buyer to do all due diligence). Property has 2 dwellings -

  Kim Wennerberg Kim & Company

  40 Jones Dr, Freeport, FL 32439
• 

  

  /13

  $125,000

  • Land
  • 5.4 Acres
  • $23,148 per Acre

  Lot 9 Plantation Ln, Defuniak Springs, FL 32433

  Beautiful, serene riverfront property featuring 5.4 acres in Mossy Head, FL. This peaceful setting offers endless possibilities--perfect for a private homestead, recreational retreat, or weekend getaway. Enjoy time with family playing in the river, relaxing under the trees, and taking in the natural surroundings. A rare opportunity to own a slice of quiet, waterfront living with plenty of space

  Rachael Baker Coldwell Banker Realty

  Lot 9 Plantation Ln, Defuniak Springs, FL 32433
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  /59

  $3,895,000

  • 5 Beds
  • 5 Baths
  • 3,466 Sq Ft

  30 E Yacht Pond Ln, Watersound, FL 32461

  Featuring a beautifully renovated kitchen, this T.S Adams designed 5-bedroom, 5-bath coastal cottage retreat overlooks peaceful Yacht Pond in the exclusive gated, Gulf-front community of Watersound Beach.Designed for effortless coastal living, the home offers an open and inviting floorplan with abundant natural light, high ceilings and thoughtfully designed spaces that flow seamlessly from

  The Geppert Beek Group Scenic Sotheby's International Realty

  30 E Yacht Pond Ln, Watersound, FL 32461
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  /31

  $550,000

  • 4 Beds
  • 2.5 Baths
  • 2,181 Sq Ft

  250 Marlberry Trace, Santa Rosa Beach, FL 32459

  Great deal on a great property. MOst recent appraisal for 660k. Property has been updated within the last 2 years and has achieved $3500 in monthly rent. All appliances and carpet are less than 1 year old. Kitchen and bathroom updates are less than 2 years old. For a great deal, this property can be purchased under 85% of the value and can achieve a 7% cap rate. Great gated community in a great

  Daniel Walker Compass

  250 Marlberry Trace, Santa Rosa Beach, FL 32459
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  /70

  $1,425,000

  • 3 Beds
  • 2 Baths
  • 1,963 Sq Ft

  252 Pisces Dr, Santa Rosa Beach, FL 32459

  This rare 1.2-acre navigable waterfront property captures sweeping panoramic views of Choctawhatchee Bay, offering a unique blend of privacy, boating access, and natural beauty. With 325 feet of paved road frontage and 230 feet of navigable waterfront along Gurkee Creek, you can cruise from your private dock through a federally protected estuary directly to the bay.Uniquely positioned within

  June Smith Quest Real Estate Services of Florida LLC

  252 Pisces Dr, Santa Rosa Beach, FL 32459
• 

  

  /14

  $2,300,000

  • Land
  • 49.3 Acres
  • $46,653 per Acre

  66 Sawmill Rd, Bruce, FL 32455

  Welcome to your own slice of paradise on the Choctawhatchee River. Spanning approximately 49 acres of breathtaking natural beauty, this property offers endless possibilities for both relaxation and development. Imagine casting a line into the river while surrounded by the gentle sounds of flowing water and the shade of towering cypress and oak trees that have stood for more than a century. While

  LaFlure & Vice Scenic Sotheby's International Realty

  66 Sawmill Rd, Bruce, FL 32455
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  /46

  $1,825,000

  • 3 Beds
  • 2 Baths
  • 1,801 Sq Ft

  298 Wood Beach Dr, Santa Rosa Beach, FL 32459

  Beautifully updated Ranch style home in the amazing Sugarwood Beach community sits on the largest usable lot in the neighborhood. The backyard is private & has a saline, heated pool with smart controls. An exterior, private, open-air full bath adds a sense of luxury & ease. The beautiful Pergola & paved patio lead inside through the screened entertainment porch. Windows & doors are impact rated,

  Scott Markowitz The Premier Property Group

  298 Wood Beach Dr, Santa Rosa Beach, FL 32459
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  /37

  $1,290,000

  • 3 Beds
  • 3.5 Baths
  • 1,840 Sq Ft

  61 W Cobia Run Unit 102, Alys Beach, FL 32461

  Welcome to this beautifully maintained, fully-furnished, three-bedroom residence in the heart of Seacrest Beach, ideally positioned near the resort-style amenities and soon-to-be-completed town hall. Designed for effortless coastal living, the home features designer furnishings, curated finishes, and a light-filled open floor plan that blends comfort and style.The main living area opens to a

  Abigail Soper Corcoran Reverie SRB

  61 W Cobia Run Unit 102, Alys Beach, FL 32461
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  /33

  $274,900

  • 3 Beds
  • 2 Baths
  • 1,332 Sq Ft

  879 Macedonia Church Rd, Defuniak Springs, FL 32435

  Nestled on 10 acres of beautiful wooded land in the peaceful countryside of DeFuniak Springs, this charming 3-bedroom, 2-bath home offers the perfect blend of privacy and comfort. Step inside to a large open kitchen featuring ample cabinet and counter space, plus a convenient breakfast bar overlooking the spacious family room. The home features tile and carpet flooring throughout, providing both

  Wade Stafford All Florida Property Group

  879 Macedonia Church Rd, Defuniak Springs, FL 32435
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  /2

  $115,000

  • Land
  • 0.14 Acre
  • $821,429 per Acre

  00 11th St, Santa Rosa Beach, FL 32459

  Prime builder opportunity to own a residential lot in Santa Rosa Beach, located just north of Hwy 98. This lot is approximately 6,229 Square foot. Sits within the established Town of Santa Rosa grid, where new construction homes continue to fill in.Zoned for single-family residential use, this parcel is ideal for builders, investors, or anyone looking to secure land in a high-demand coastal

  Rosanna Padova World Impact Real Estate

  00 11th St, Santa Rosa Beach, FL 32459
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  /34

  $738,000

  • 5 Beds
  • 3 Baths
  • 2,556 Sq Ft

  153 Sea Eagle Ln, Santa Rosa Beach, FL 32459

  Nestled in a quiet cul-de-sac with protected forest surrounding you, this gorgeous, like-new home is a peaceful sanctuary for those who want to be near 30A while enjoying a quieter, more private atmosphere. Thoughtfully designed with an expansive floor plan, there is an abundance of room for everyone to relax and find their own space. The heart of the residence features a bright, open-concept

  Adrian Jacob Redfin Corporation

  153 Sea Eagle Ln, Santa Rosa Beach, FL 32459
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  /28

  $795,000

  • Land
  • 5.41 Acres
  • $146,950 per Acre

  4319 Us Highway 331, Defuniak Springs, FL 32433

  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

  Kim Wennerberg Kim & Company

  4319 Us Highway 331, Defuniak Springs, FL 32433
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  /28

  $303,900 New Construction

  • 3 Beds
  • 2 Baths
  • 1,293 Sq Ft

  106 Dockside Rd, Freeport, FL 32439

  Welcome to 106 Dockside Road, a new home to be built at Magnolia at the Bluffs Phase 3 in Freeport, Florida. As you enter through the covered front porch, you find an inviting foyer EVP flooring leading to the primary bedroom, complete with carpet, a spacious closet, and an ensuite bathroom that has dual sink vanity, granite countertops, and an oversized shower. Continuing through the foyer you

  Pamela Hawkins DR Horton Realty of Emerald Coast LLC

  106 Dockside Rd, Freeport, FL 32439
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  /58

  $2,175,000 New Construction

  • 5 Beds
  • 5.5 Baths
  • 3,327 Sq Ft

  27 Sweet Gum, Inlet Beach, FL 32461

  Brand new - 5 bedroom, 5.5 bath house in gated Treetops neighborhood adjacent to Seacrest with excellent rental projections ($150,000+) and deeded beach access just half a mile away. (Free golf cart beach shuttle picks up 50 yards from house) Enjoy a coastal chic, open concept design perfect for entertaining. The main floor (second floor) includes the living room, dining room, kitchen and laundry

  Austin Norwood Pinnacle Beach Properties

  27 Sweet Gum, Inlet Beach, FL 32461
• 

  

  /22

  $1,382,470 New Construction

  • 4 Beds
  • 4.5 Baths
  • 2,682 Sq Ft

  105 Hutton Cove Unit Lot 73, Watersound, FL 32461

  Welcome to the improved Ficus plan by Huff Homes, part of the Preserve Collection in the newly released Arborview Park at Watersound Origins. Positioned on a 159' deep homesite with a wooded backdrop, this 4-bedroom, 4.5-bath residence with a 2.5-car garage offers a well-balanced layout, upgraded interior finishes, and a private outdoor setting. The main living area is open and connects the

  Builder Services Watersound Real Estate

  105 Hutton Cove Unit Lot 73, Watersound, FL 32461
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  /16

  $2,650,000 New Construction

  • 5 Beds
  • 4.5 Baths
  • 2,890 Sq Ft

  48 E Trigger Trail, Seacrest, FL 32461

  Tucked within the sought-after Seacrest Beach community along scenic 30A, this beautifully crafted new construction home delivers an effortless blend of upscale design and easygoing coastal charm--and it's offered fully furnished. With five spacious bedrooms and four and a half baths, the home showcases wide-plank engineered wood flooring throughout, creating a warm, cohesive feel across every

  Debbie WebbWatson Compass

  48 E Trigger Trail, Seacrest, FL 32461
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  /17

  $298,000 New Construction

  • 3 Beds
  • 2 Baths
  • 1,350 Sq Ft

  174 Caswell Branch Rd, Freeport, FL 32439

  READY IN EARLY MAY - ALL BRICK W/HARDI ACCENTS - Cozy front and rear porches for relaxing, fully landscaped yard w/sprinkler system & privacy fence. Inside you have vinyl plank flooring throughout, raised ceilings, recessed lighting, ceilings in family & all BR'S, quartz countertops + white shaker cabinets. Kitchen has large work island w/bar seating and walk-in pantry. Owner's bath has double

  Jenny Teel Teel & Waters Real Estate Company Inc

  174 Caswell Branch Rd, Freeport, FL 32439
• 

  

  /15

  $2,650,000 New Construction

  • 5 Beds
  • 4.5 Baths
  • 2,890 Sq Ft

  44 E Trigger Trail, Seacrest, FL 32461

  Situated in the highly desirable Seacrest Beach community along scenic 30A, this stunning new construction beach home offers the perfect blend of luxury and relaxed coastal living and comes fully furnished. The residence features five generously sized bedrooms and four and a half beautifully appointed bathrooms, highlighted by elegant 9-inch wide engineered wood plank flooring that flows

  Debbie WebbWatson Compass

  44 E Trigger Trail, Seacrest, FL 32461
• 

  $913,000 New Construction

  • 5 Beds
  • 4.5 Baths

  38 Camp Shoal Dr, Santa Rosa Beach, FL 32459

  Welcome to The Shoal, a hidden gem of a neighborhood where tranquility meets convenience. Nestled on the fringes of the expansive Point Washington State Park, this community boasts 30 thoughtfully designed homesites, each strategically laid out to provide residents with a sense of privacy and a connection to nature. These spacious two story homes are architecturally designed to harmonize with the

  Brock Built Builder

  38 Camp Shoal Dr, Santa Rosa Beach, FL 32459
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  /2

  $330,000 New Construction

  • 3 Beds
  • 2 Baths
  • 1,489 Sq Ft

  Lot 21 Wildwood Lakes Dr, Defuniak Springs, FL 32435

  Preferred lender incentive available!Qualified buyers may receive a lender credit toward a permanent interest rate buydown--helping make this beautiful new home even more affordable. Discover this spacious new construction home featuring a desirable split floor plan with 3 bedrooms and 2 bathrooms, offering a total 2,306 sq ft of comfortable living space. Nestled on a beautifully wooded

  Tina Marsh Keller Williams Realty FWB

  Lot 21 Wildwood Lakes Dr, Defuniak Springs, FL 32435
• 

  $798,000 New Construction

  • 5 Beds

  162 Channel Shoal Dr, Santa Rosa Beach, FL 32459

  Welcome to The Shoal, a hidden gem of a neighborhood where tranquility meets convenience. Nestled on the fringes of the expansive Point Washington State Park, this community boasts 30 thoughtfully designed homesites, each strategically laid out to provide residents with a sense of privacy and a connection to nature. These spacious two story homes are architecturally designed to harmonize with the

  Brock Built Builder

  162 Channel Shoal Dr, Santa Rosa Beach, FL 32459
• 

  $247,990 New Construction

  • 4 Beds
  • 2 Baths
  • 1,707 Sq Ft

  154 Bay Springs Blvd, Defuniak Springs, FL 32435

  Lennar Builder

  154 Bay Springs Blvd, Defuniak Springs, FL 32435
• 

  $243,990 New Construction

  • 3 Beds
  • 2 Baths
  • 1,474 Sq Ft

  136 Bay Springs Blvd, Defuniak Springs, FL 32435

  Lennar Builder

  136 Bay Springs Blvd, Defuniak Springs, FL 32435
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  /36

  $40,610

  • Land
  • 2 Acres
  • $20,305 per Acre

  0 Defuniak Springs Unit FL 32433, Defuniak Springs, FL 32433

  OWNER FINANCING AVAILABLE:$2000 down (plus the $500 doc fee)$495/mo for 78 months---------------------------------Living in the wrong location during retirement can lead to isolation, limited access to healthcare, and a diminished quality of life. Many retirees find themselves trapped in areas that either feel too remote or too crowded, struggling to maintain their

  Erik Peterson Landopia

  0 Defuniak Springs Unit FL 32433, Defuniak Springs, FL 32433
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  /37

  $250,000

  • 3 Beds
  • 2.5 Baths
  • 1,496 Sq Ft

  25 Crossing Ln Unit C, Santa Rosa Beach, FL 32459

  Live the 30A lifestyle without the 30A price tag. This beautifully maintained 3-bedroom, 2.5-bath townhome in Miller's Crossing offers the perfect blend of style, convenience, and everyday comfort, just minutes from the beach and everything that makes South Walton so special.Inside, you'll find an open, light-filled layout with custom touches that make this home stand out. Shiplap and

  

  Julie Smith

  Christies International Real Estate Emerald Coast

  (448) 217-3821

  25 Crossing Ln Unit C, Santa Rosa Beach, FL 32459
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  /20

  $219,900

  • 3 Beds
  • 2 Baths
  • 1,140 Sq Ft

  42 E Bluebottle Ct, Defuniak Springs, FL 32433

  Looking for the perfect starter home? Looking for a quiet, cozy space to call home? Looking for an area where your children or grandchildren can run and play with no worries? Look no further!! This newer Mobile Home boasts a large primary bedroom with a walk-in closet, soaker tub in the primary bath with double vanity, an office/laundry area just off the laundry room. Open concept Kitchen and

  Melonie Price Team Walton Real Estate Professionals

  42 E Bluebottle Ct, Defuniak Springs, FL 32433
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  /18

  $695,000

  • Land
  • 0.09 Acre
  • $7,722,222 per Acre

  17 Sand Oaks Cir, Santa Rosa Beach, FL 32459

  Welcome to Seanest Village, an exclusive, gated community with deeded beach access just a stroll away and enjoy a resort- style infinity community pool offering a sunset tower, grilling area, and fireplace for peaceful evening sunsets. This exclusive community is a natural location to build your dream home or vacation getaway. Easy access to restaurants, shopping, and all the amenities 30A has to

  Greg Smith Corcoran Reverie SRB

  17 Sand Oaks Cir, Santa Rosa Beach, FL 32459
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  /69

  $1,975,000

  • 7 Beds
  • 7.5 Baths
  • 3,115 Sq Ft

  64 Lakeland Dr, Miramar Beach, FL 32550

  Short term rental powerhouse featuring a brand new 2022 coastal-chic home in a gated neighborhood with private heated pool, and massive 20 person sleeping capacity to maximize revenue. Designer furnishings, professional photography and full inventory to convey for immediate revenue generation. Only a 4-minute golf cart ride to Destin and Miramar Beach's sugar sand beaches ensures high occupancy.

  Christian Knight Century 21 Wimco Realty Inc

  64 Lakeland Dr, Miramar Beach, FL 32550
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  /119

  $3,300,000

  • 7 Beds
  • 8 Baths
  • 3,961 Sq Ft

  49 Sandy Dune Cir, Miramar Beach, FL 32550

  Short term rental powerhouse featuring a brand new 2024 designer-grade luxury home with ocean views from every bedroom, fourth-floor oceanview deck, private seasonally heated pool, and massive 18 person sleeping capacity to maximize revenue. Designer furnishings, professional photography and full inventory to convey for immediate revenue generation. Less than a 90-second walk to private beach

  Christian Knight Century 21 Wimco Realty Inc

  49 Sandy Dune Cir, Miramar Beach, FL 32550
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  /41

  $1,099,000

  • 4 Beds
  • 3 Baths
  • 1,632 Sq Ft

  44 Vicki St, Santa Rosa Beach, FL 32459

  Great Price & South Of 30-A! Gulfview Heights Home w/ No HOA. Main Home(3/2)+Guest Cottage(1/1)=Total 4 BR & 3 Baths. Classic Old Florida Style w/ Modern Touches. In Main House -Tile Throughout, Updated Kitchen, Updated Bathrooms, Separate Laundry Room, & Sizable Owners Closet. One Of BR's Is Oversized w/ 2 Additional Twin Beds For Additional Sleeping Capacity. Outside Is Large Covered Back Porch

  Mark Desalvo Newman Dailey Resort Properties

  44 Vicki St, Santa Rosa Beach, FL 32459
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  /85

  $2,700,000

  • 5 Beds
  • 3 Baths
  • 3,700 Sq Ft

  485 Wood Beach Dr, Santa Rosa Beach, FL 32459

  Short term rental powerhouse featuring a designer-renovated coastal home with beach cottage vibe, screened heated pool with hot tub, private backyard, outdoor dining and grilling area, hand-cut shiplap ceilings, local artisan furnishings, and massive 22 person sleeping capacity to maximize revenue. Designer furnishings, professional photography and full inventory to convey for immediate revenue

  Christian Knight Century 21 Wimco Realty Inc

  485 Wood Beach Dr, Santa Rosa Beach, FL 32459
• 

  

  /48

  $535,000

  • 2 Beds
  • 2 Baths
  • 1,175 Sq Ft

  112 Seascape Blvd Unit 1507, Miramar Beach, FL 32550

  Perched on the 15th floor of Ariel Dunes I, this beautifully furnished two-bedroom, two-bath condominium captures some of the most expansive water views in the area, offering sweeping panoramas of both the Gulf of America and Choctawhatchee Bay. Positioned high above neighboring buildings, the residence enjoys a unique vantage point that allows uninterrupted views over Majestic Sun, creating a

  Marc Miller Scenic Sotheby's International Realty

  112 Seascape Blvd Unit 1507, Miramar Beach, FL 32550
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  /54

  $3,450,000

  • 7 Beds
  • 7.5 Baths
  • 3,961 Sq Ft

  43 Sandy Dune Cir, Miramar Beach, FL 32550

  Short term rental powerhouse featuring a brand new 2024 designer-furnished home with seasonally heated private pool, outdoor dining and grilling area, fenced backyard, multiple bunk rooms, and massive 18 person sleeping capacity to maximize revenue. Designer furnishings, professional photography and full inventory to convey for immediate revenue generation. Only a 60-second walk to private beach

  Christian Knight Century 21 Wimco Realty Inc

  43 Sandy Dune Cir, Miramar Beach, FL 32550
• 

  

  /42

  $499,900

  • 2 Beds
  • 2 Baths
  • 882 Sq Ft

  2250 Scenic Gulf Dr Unit 204A (14), Miramar Beach, FL 32550

  Welcome to your next chapter on the Emerald Coast. This beautifully renovated second-floor condo in Miramar Beach delivers the kind of Gulf Coast lifestyle most people only dream about. With two private balconies offering stunning views of the Gulf of Mexico, you can sip your morning coffee while watching the waves roll in from the front balcony, then move to the rear balcony to catch a

  Beverly Karraker Christies International Real Estate Emerald Coast

  2250 Scenic Gulf Dr Unit 204A (14), Miramar Beach, FL 32550
• 

  

  /21

  $1,130,000

  • 3 Beds
  • 3 Baths
  • 1,600 Sq Ft

  8329 E County Highway 30a Unit 8, Panama City, FL 32461

  Located in the heart of Seacrest Beach along Scenic Highway 30A, 8329 E Co Hwy 30A #8 at Arcadia Place offers an exceptional blend of location, Gulf views, and proven investment performance. This beautifully appointed 3 bedroom, 3 bathroom condo is positioned just steps from the sand, with private gated beach access for Arcadia owners located directly beside the building and an additional public

  Spears Group Compass

  8329 E County Highway 30a Unit 8, Panama City, FL 32461

Showing Results 601 - 640, Page 16 of 18