Sold
1770 S Us Highway 331 Highway
Defuniak Springs FL, 32435
$10,550,000
$2.20 per sqft
Sold
4,791,600 sqft
Commercial
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 and billboard lease will convey. Buyer to verify all information for its intended purpose.
897457
MLSⓇ ID
May 4, 2022
Listed
March 10, 2024
Updated
Map
1770 S Us Highway 331 Highway
Defuniak Springs FL, 32435
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
110 Acres
Other Property Details
Area Name
23 - North Walton County
Days on Market
48
Garage
No
View
No
County
Walton
Pool
No
Zoning
Mixed
Listing History
Date | Event | Price |
---|---|---|
7/20/2023 | Price Change | $10,550,000 5% |
7/20/2023 | Sold | $10,550,000 |
Courtesy of Century 21 Blue Marlin Pelican, Jim Ball,
Listing Contact: 850-685-2925
IDX information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor James Watts shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Emerald Coast Association of REALTORS. All rights reserved.
Data last updated 3:14 AM UTC, 3/10/2024