$400,000
DeFuniak Springs, FL 32433
MLS# 961161
1 / 35
Property Description
Hwy frontage along US Hwy 331! 4 Lots make up this 9.63 acre property, the front of the lots are situated along Hwy 331N, while the rear of the properties back up to Lake Rosemary. Current zoning will allow for up to 4 units per acre. With the possibility to convert the property to commercial allowing 12 units per acre. Converting from residential to commercial would require Walton County's approval. This land has so much opportunity; developing for housing, creating an RV Park or so much more. The property currently offers a 2 bay pole barn with a storage room, and a 3 bay pole barn. The property has electricity, a well & septic are both available, but the condition of them are unknown. This land has been used for 25+ years for heavy equipment including but not limited to (cont)
Details
Documents
Contract Info
Listing Board: Emerald Coast
List Price/Acre: 41536.86
List Date: 2024-10-15
List Price: $400,000
Location, Tax and Legal
Sub Area: 2310 - DeFuniak Springs N.
Elementary School: Maude Saunders
Middle School: Walton
High School: Walton
Legal Description: Lots 4, 5, 6, and 7, Lake Rosemary Estates Unity 1, according to the map or plat thereof, recorded in Plat Book 11, Page(s) 3, Public Records of Walton County, Florida.
General Property Info
Sub-Type: Vacant Land
Acreage: 9.63
Listing Info, Tax & Legal
Is Subject Leased: No
Assessment Fees: No
New Buyer Fee: No
Last Taxes: 897.78
Last Tax Year: 2023
Brokerage Interest: Familial Interest - Listing Broker/Licensee related to owner.
As Is: No
Remarks & Misc
Remarks: Hwy frontage along US Hwy 331! 4 Lots make up this 9.63 acre property, the front of the lots are situated along Hwy 331N, while the rear of the properties back up to Lake Rosemary. Current zoning will allow for up to 4 units per acre. With the possibility to convert the property to commercial allowing 12 units per acre. Converting from residential to commercial would require Walton County's approval. This land has so much opportunity; developing for housing, creating an RV Park or so much more. The property currently offers a 2 bay pole barn with a storage room, and a 3 bay pole barn. The property has electricity, a well & septic are both available, but the condition of them are unknown. This land has been used for 25+ years for heavy equipment including but not limited to (cont)
Waterfront
Lake: 1
Waterfront Feet: tbd
Waterview
Lake: 1
Farm Info
Utility Building: 1
Lot Features
Easements: 1
Irregular: 1
Within 1/2 Mile to Water: 1
Lot Access
Paved Road: 1
U.S. Highway: 1
Utilities
Electric: 1
Private Well: 1
Septic Tank: 1
Zoning
Resid Single Family: 1
None
Current Price: $400,000
Status Change Info
Status: Active
Location Tax and Legal
Street #: 1246
Street Direction: N
Street Name: US Hwy 331
Area: 23 - North Walton County
State: FL
Zip Code: 32433
County: Walton
Project Name/Subdivision: LAKE ROSEMARY ESTATES UNIT 1
Parcel ID: 16-3N-19-19010-000-0050 & 16-3N-19-19010-000-0040
Property Features
Farm Info: Utility Building
Lot Access: Paved Road; U.S. Highway
Lot Features: Easements; Irregular; Within 1/2 Mile to Water
Zoning: Resid Single Family
Waterfront: Lake
Waterview: Lake
Utilities: Electric; Private Well; Septic Tank
Supplements
to directional boring rigs, dump trucks, semi trucks, tractors, trailers, motor homes, etc. Phone lines have been on the property previously, condition is also unknown by the Seller.
2014 Survey Listing Office: Watersound Real Estate
Last Updated: October - 09 - 2025
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.
