Seller will OWNER FINANCE with 20% down Other terms negotiable.

Are you looking for a prime piece of real estate to invest in? This 10-acre property is located on a main highway, 1.2 miles from DeFuniak Airport, providing over 700 feet of road frontage and priceless visibility for your business. Zoned for urban residential, you can build 4 units per acre with its current zoning.

This property also backs up to Lake Rosemary. If you're interested i n commercial opportunities, the zoning can be changed with approval from Walton county planning and development. Changng to Commerical zoning would allow 12 units per acre. It would be a extraordinary place for a tiny home park, mobile home park or a variety of other business ventures. Electricity and well on property but not currently being used.

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on 1246 N US Highway 331
in Defuniak Springs, FL
Presented by Nikki Pitman at
Team Walton Real Estate Professionals.


Property MLS #926429 from NWFlorida

+ Reveal additional info including schools and tax history

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+ Land Info

Lot Description: Cleared, Wooded
Lot Size Acres: 10.0
Lot Size Square Feet: 435600

+ Exterior and Lot Features

Road Access: County Road, Paved Road, U.S. Highway

+ Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0

+ School Information

Elementary School: Maude Saunders
High School: Walton
Middle School: Walton
+ Display Complete School Details

Walton High School is a public high school located approximately 1.6 miles away.
Map directions

Walton Middle School is a public middle school located approximately 3.5 miles away.
Map directions

Maude Saunders Elementary School is a public elementary school located approximately 1.4 miles away.
Map directions

Miss Southern Belle is a private elementary, middle and high school located approximately 1.9 miles away.
Map directions

+ Other Property Info

Source Listing Status: Active
County: Walton
Directions: Turn on US Hwy 331 North go approximately 1.2 miles and property is on the right.
Source Property Type: Land
Area: 23 - North Walton County
Source Neighborhood: LAKE ROSEMARY ESTATES UNIT 1
Parcel Number: 16-3N-19-19010-000-0050
Subdivision: LAKE ROSEMARY ESTATES UNIT 1
Zoning: Resid Single Family
Property Subtype: Vacant Land
Source System Name: C2C
+ Reveal Tax History

Year	Assessments Building + Land Total	Tax
2022	$unknown + $unknown $26,485	$234
2021	$unknown + $unknown $24,077	$218
2020	$7,200 + $14,688 $21,888	$202
2019	$7,200 + $14,400 $21,600	$198
2018	$7,200 + $14,400 $21,600	$199
2017	$7,200 + $14,400 $21,600	$200
2016	$7,200 + $14,400 $21,600	$202
2015	$7,200 + $14,400 $21,600	$205
2014	$unknown + $unknown $42,675	$575
2013	$28,659 + $14,400 $43,059	$501
2012	$unknown + $unknown $43,442	$477
2011	$unknown + $unknown $43,826	$480
2010	$unknown + $unknown $44,209	$487
2009	$unknown + $unknown $45,329	$471
2008	$unknown + $unknown $54,943	$518
2007	$unknown + $unknown $55,346	$523

+ Reveal Property Sale History

Relisted 2024-06-29
$675,000
NWFlorida

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Listing removed 2024-06-28
$0
NWFlorida

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Price Changed 2024-06-27
$675,000
NWFlorida

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Price Changed 2024-06-14
$699,000
NWFlorida

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Price Changed 2024-06-05
$724,000
NWFlorida

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Price Changed 2024-05-21
$749,000
NWFlorida

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Listed 2024-04-29
$299,000
NWFlorida

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Price Changed 2024-04-19
$774,000
NWFlorida

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Price Changed 2023-09-08
$799,000
NWFlorida

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Listed 2023-06-27
$895,000
NWFlorida

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Sold 2022-08-02
$200,000
Public Record

+ Utilities

Electric
Private Well