For Sale
$1,500,000

1187 Us Highway 331DeFuniak Springs, FL 32435

16 Acres, Multi-Family Potential

Overview

Added:
Dec 11, 2024
Days on market:
114
Exceptional 16-acre development opportunity in Defuniak Springs, Florida, zoned for commercial use. This strategically located parcel, with APN 02-2N-19-18000-035-0000, presents significant growth potential in an up-and-coming area of Walton County. The property's address is 1187 US HWY 331 S, Defuniak Springs, FL 32435, conveniently situated approximately half a mile north of I-10. Surrounded by established national retailers including Subway, Taco Bell, Arby's, Dunkin' Donuts, Walgreens, Murphy's USA, AT&T, Lowe's, Walmart, and Econo Lodge, this site is ideally suited for multi-family development. The area is experiencing significant growth, further enhanced by the ongoing construction of the Veterans Lodge development, which is expected to attract additional residents. This presents a unique chance to capitalize on the expanding market and strong commercial presence. The asking price for this substantial land parcel is $1,500,000.

Highlights

  • $1,500,000 asking price.
  • 16-acre land parcel.
  • Multi-family and commercial zoning permitted.
  • Located in Defuniak Springs, Walton County, Florida (APN: 02-2N-19-18000-035-0000).
  • Excellent location near I-10, surrounded by national retailers.

Property Details for 1187 Us Highway 331

Property type
Land, High-rise multifamily apartments
Lot Size (sq. ft)
696,960 SF

Location Insight

City
DeFuniak Springs
County
Walton
State
Florida
Latitude
30.705098714458
Longitude
-86.122483624981
1187 Us Highway 331, DeFuniak Springs, Florida

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
1187 Us Highway 331
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message