$10,550,000
DeFuniak Springs, FL 32435
MLS# 897457
Status: Sold
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Property Description
This apex location parcel at the junction of 331 S and Interstate 10 in Defuniak Springs is a developer's dream. 94.7 acres (110.4 per GIS map) with an estimated 75+ developable uplands (wetlands estimated at 20+ acres) is co-zoned commercial and residential (16 units per acre) for maximum value and use. This longtime family farm property has a prominent lake on the eastern side and forested wetland stream areas to the west. The property is the cornerstone parcel of the commercial zone along 331 in south Defuniak Springs with Walmart and Lowes along the same stretch and falls within the City of Defuniak Springs zoning jurisdiction. On the south side of I-10, almost 3,850 residential units are planned by several development groups. The approximate one acre parcel on the south side of I-10
Details
Maps
None
Current Price: $10,550,000
Status Change Info
Status: Sold
Under Contract Date: 2022-06-21
Sold Date: 2023-07-19
Sold Price: $10,550,000
Contract Info
GCCMLS Number: 30800284
List Date: 2022-05-04
List Price: $9,995,000
Listing Board: Emerald Coast
Location Tax and Legal
Area: 23 - North Walton County
Street #: 1770
Street Direction: S
Street Name: Us Highway 331
Street Suffix: Highway
State: FL
Zip Code: 32435
County: Walton
Parcel ID: 03-2N-19-18000-010-0000
General Property Info
Listed on GCCMLS: Yes
Vacant: No
Immediate Occupancy: Yes
Acreage: 110
Lot Frontage: 1750
Lot Depth: 2565
Zoning: Mixed
Future Land Use: Commercial and Residential
Land
Property Type: Commercial
Property Features
Class: Land
Supplements
and billboard lease will convey. Buyer to verify all information for its intended purpose.
Listing Office: Century 21 AllPoints Realty
Last Updated: October - 13 - 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.