$5,520,000
DeFuniak Springs, FL 32435
MLS# 613190
Status: Sold
1 / 1
Property Description
Rare opportunity for investors/developers to own a parcel of this size so close to Emerald Coast Beaches. Gateway property site in DeFuniak Springs, FL located at I-10 and Hwy 331, the major north-south connector to Emerald Coast Beaches only 30 minutes away. With over 2 +/- miles frontage on Interstate 10 and 1.5 +/- miles on Hwy 331, this 1400+/- acre parcel has unlimited development potential including commercial, residential, golf course, recreation, multifamily, manufacturing, industrial/cargo, alternative energy park. The surrounding area is mixed use and an above average location for a variety of commercial and other uses consistent with coastal oriented Walton County.
Details
Status Change Info
Sold Price/Acre: 3942.86
Status: Sold
Under Contract Date: 2017-05-18
Sold Date: 2018-01-16
Sold Price: $5,520,000
Contract Info
Listing Board: Emerald Coast
List Price/Acre: 4964.29
List Date: 2014-02-14
List Price: $6,950,000
Location, Tax and Legal
Sub Area: 2313 - DeFuniak S.E.
Elementary School: Freeport
Middle School: Freeport
High School: Freeport
Legal Description: 1400 +/- acres consisting of the following: 11-2N-19-18000-001-0000 12-2N-19-18000-002-0000 14-2N-19-18000-001-0000
General Property Info
Sub-Type: Agricultural
Acreage: 1400
Listing Info, Tax & Legal
Is Subject Leased: No
Assessment Fees: No
New Buyer Fee: No
Brokerage Interest: No Interest
As Is: No
Remarks & Misc
Remarks: Rare opportunity for investors/developers to own a parcel of this size so close to Emerald Coast Beaches. Gateway property site in DeFuniak Springs, FL located at I-10 and Hwy 331, the major north-south connector to Emerald Coast Beaches only 30 minutes away. With over 2 +/- miles frontage on Interstate 10 and 1.5 +/- miles on Hwy 331, this 1400+/- acre parcel has unlimited development potential including commercial, residential, golf course, recreation, multifamily, manufacturing, industrial/cargo, alternative energy park. The surrounding area is mixed use and an above average location for a variety of commercial and other uses consistent with coastal oriented Walton County.
Farm Info
Fenced - Perimeter: 1
Pasture: 1
Pond: 1
Stream: 1
Timber: 1
Lot Access
Near Interstate Exit: 1
U.S. Highway: 1
Utilities
Sewer Available: 1
Zoning
Agriculture: 1
None
Current Price: $5,520,000
Location Tax and Legal
Street #: 331
Street Name: I 10 And Us Hwy 331
Area: 23 - North Walton County
State: FL
Zip Code: 32435
County: Walton
Parcel ID: 11-2N-19-18000-001-0000
Property Features
Farm Info: Fenced - Perimeter; Pasture; Pond; Stream; Timber
Lot Access: Near Interstate Exit; U.S. Highway
Zoning: Agriculture
Utilities: Sewer Available
Supplements
Commercial consistent with neighboring properties. Water and sanitary sewer available from the City of Defuniak Springs and would allow for development of the site. Physical attributes of the property are adequate to support a broad range of construction alternatives oriented towards a future interchange oriented commercial use. Several lakes and ponds on property. Florida Dept. of Transportation is in process of widening U.S. 331 and will provide several new access points to property (details available upon request). This is an excellent development opportunity or buy / hold investment. Site is approx. 30 minutes Northwest of the Panama City International airport.
Listing Office: World Impact Real Estate
Last Updated: November - 11 - 2024
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.
