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Prime 5-acre parcel with 200 front feet on Hwy 331S, ideally situated just south of I-10 and abutting North Walton Doctors Medical on the north side in DeFuniak Springs. Currently zoned Estate Residential, this property offers significant future upside as it borders commercial zoning, making rezoning a real possibility for a variety of uses. The site features a 4,000 sq ft warehouse, providing immediate utility for storage, distribution, or conversion to office or service space. The FDOT-reported traffic count is appx 23,000 vehicles per day for exceptional visibility. Adjacency to North Walton Doctors Hospital makes it especially attractive for ancillary medical services, clinics, therapy centers, professional offices, as well as other commercial ventures seeking highexposure and convenient access to major transportation routes. Other area healthcare related facilities in near proximity include LeCom Dental School and the forthcoming HCA stand-alone ER, both located at the intersection of Hwy 331S and I-10. Don't miss this rare opportunity to secure a strategically located tract with outstanding development potential in a rapidly growing corridor. Rezoning to commercial is feasibleunlocking even greater value for those looking to capitalize on the area's growth and demand for medical and business services.
| DAYS ON MARKET | 174 | LAST UPDATED | 9/22/2025 |
|---|---|---|---|
| TRACT | DEFUNIAK SPRINGS TOWN OF | YEAR BUILT | 0 |
| COMMUNITY | 23 - North Walton County | COUNTY | Walton |
| STATUS | Active | PROPERTY TYPE(S) | Lot/Land/Acreage |
| Elementary School | West Defuniak |
|---|---|
| Jr. High School | Walton |
| High School | Walton |
| PRICE HISTORY | |
| Prior to Jul 21, '25 | $925,000 |
|---|---|
| Jul 21, '25 - Sep 22, '25 | $897,000 |
| Sep 22, '25 - Today | $795,000 |
| ADDITIONAL DETAILS | |
| AREA | 23 - North Walton County |
|---|---|
| LOT | 5.41 acre(s) |
| LOT DESCRIPTION | Cleared |
| LOT DIMENSIONS | 1000 x 199 x 1300 x 360 |
| SUBDIVISION | DEFUNIAK SPRINGS TOWN OF |
| WATER | Well, Private |
| ZONING | County,See Remarks |
MORTGAGE CALCULATOR
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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
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
This IDX solution is (c) Diverse Solutions 2025.