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.

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Data last updated 3:14 AM UTC, 3/10/2024

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