1770 S Us Highway 331 Highway, Defuniak Springs

$9,995,000

0 Bed
0 Bath
4,791,600 Sqft
110 Acres
0 Garage

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-10and billboard lease will convey. Buyer to verify all information for its intended purpose.

Essential Information
MLS® #897457
Price$9,995,000
Sold Price$10,550,000
Date Sold$2023-07-19
Square Footage4,791,600
Acres110.00
TypeCommercial Sales
StatusSold
Community Information
Address1770 S Us Highway 331 Highway
Area23 - North Walton County
CityDefuniak Springs
CountyWalton
StateFL
Zip Code32435
Exterior
Lot Description1750x2565
Additional Information
Days on Website730
ZoningMixed
Listing Details
OfficeCentury 21 Blue Marlin Pelican
LISTING MAP

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Listing information last updated on May 3rd, 2024 at 5:48am CDT.