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Outstanding opportunity to acquire a well-located, income-producing commercial property on South U.S. Highway 331 in DeFuniak Springs. This solid metal/brick building, constructed in 1991 and thoughtfully upgraded within the last year, offers both immediate cash flow and long-term potential.Situated on a 0.29-acre lot (just under one-third of an acre), the property features approximately 1,300 square feet of heated and cooled space. Recent improvements include a new roof and interior upgrades, providing a refreshed, professional space with minimized near-term capital needs.The property is currently leased to a well-established accounting firm, providing consistent rental income. The tenant has been in place for many years, currently paying $2,000 per month. The existing lease runs through April 30, 2026, offering stable income with the flexibility to renegotiate or reposition the asset upon lease expiration.The property is ideal for investors seeking a solid income-producing asset in a high-traffic location, or for buyers considering future owner-occupancy once the current lease term concludes. With durable construction, recent improvements, and strong visibility on a key commercial corridor, this offering delivers both quality and value. =?? Property Features & Highlights 873 S. US Highway 331, DeFuniak Springs, FL Approx. 1,300 SF heated & cooled 0.29-acre lot Solid block construction New roof & interior upgrades (within last year) Long-term tenant in place $2,000/month current rent Lease expires April 30, 2026 Excellent cash-flow opportunity with future flexibility
| DAYS ON MARKET | 1 | LAST UPDATED | 12/15/2025 |
|---|---|---|---|
| YEAR BUILT | 0 | COMMUNITY | 23 - North Walton County |
| COUNTY | Walton | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AREA | 23 - North Walton County |
|---|---|
| LOT | 0 |
| LOT DIMENSIONS | 80x200 |
| ZONING | Commercial |
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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.