873 Us Hwy 331, DeFuniak Springs

$649,000

0 Bed
0 Bath
0 Acre
0 Garage

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 all new 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.
=Í 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

Essential Information
MLS® #991281
Price$649,000
TypeCommercial Sale
StatusActive
Community Information
Address873 Us Hwy 331
Area23 - North Walton County
CityDeFuniak Springs
CountyWalton
StateFL
Zip Code32435
Additional Information
ZoningCommercial
Listing Details
OfficeBrannon Real Estate Services
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Listing information last updated on May 12th, 2026 at 9:38am CDT.