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PRICE $95,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE n/a
LOT SIZE 40,947 sqft

Located in the heart of DeFuniak Springs Historic District, this .94-acre lot borders both Hwy 331 and 13th Street making it a rare opportunity for residential or potential mixed-use development. Zoned R2 Low Density, the lot allows for the construction of up to four residential units, offering flexibility for a single-family home, duplexes, or small multi-family development. With 111 feet of frontage along Highway 331, there is also potential for C1 commercial rezoning along the highway-facing portion of the property, subject to approval by the City of DeFuniak Springs. Buyers are encouraged to contact the city for zoning and development guidelines.Utilities are readily available at the street and accessible via either Highway 331 or 13th Street, enhancing the site's readiness for construction. The lot includes two access points: a preexisting 20-foot-wide driveway from 13th Street suitable for emergency vehicles and multi-unit access, and a designated location for a vehicular bridge from Highway 331, which has already received preliminary approval from FDOT. A city-managed drainage intake is located at the southwest corner, ensuring proper water flow and mitigating drainage concerns. A distinctive feature of this property is its fresh, spring-fed water source, which flows year-round, a rarity within the historic district. With proper planning, a portion of the existing creek could be excavated to create a private, spring-fed pond, further enhancing the natural beauty of the site. The property's tranquil setting and water feature offer a unique opportunity to create a peaceful residential environment with the potential to become a true in-town retreat. Strategically located just 0.6 miles from the historic downtown district and 0.5 miles from Lake DeFuniak, this property offers both convenience and character. Whether you're an investor, developer, or buyer seeking a one-of-a-kind homesite, this parcel combines location, infrastructure, and natural appeal in one of Northwest Florida's most charming historic communities. All information is believed to be true and accurate. Buyer should do their own due-diligence in verifying anything deemed important.

DAYS ON MARKET 279 LAST UPDATED 7/9/2025
TRACT TOWN OF DEFUNIAK SPRINGS YEAR BUILT 0
COMMUNITY 23 - North Walton County COUNTY Walton
STATUS Active PROPERTY TYPE(S) Lot/Land/Acreage

SCHOOLS
Elementary School Maude Saunders
Jr. High School Walton
High School Walton

PRICE HISTORY
Prior to Jul 9, '25 $100,000
Jul 9, '25 - Today $95,000


ADDITIONAL DETAILS
AREA 23 - North Walton County
LOT 0.94 acre(s)
LOT DIMENSIONS 499x111
SUBDIVISION TOWN OF DEFUNIAK SPRINGS
WATER Public
WATERFRONT DESCRIPTION Stream
ZONING Business,Resid Multi-Family
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listing provided by Berkshire Hathaway HomeServices PenFed Realty
The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is believed to be accurate but is not guaranteed.
All listings are provided courtesy of the Emerald Coast Association of Realtors
© 2025 Emerald Coast Association of REALTORS®, Inc. (ECARMLS). All rights reserved. Vendor Member Number: 28306

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