1082 Us Highway 331, DeFuniak Springs, FL 32433

$700,000
Property Type: Commercial for Sale Lot Size (sq. ft.): 1,787,702 Status: Sold
Current Price: $1,475,000 List Date: 2/03/2023 Last Modified: 10/22/2024

Description

Potential opportunity for commercial and/or residential development with access to a growing high traffic corridor of Walton County situated on 2 main ingress and egress roads, Walton Road and US Hwy 331. WIth other 60+ acres, a stream and pond the opportunities are endless! This property has the potential to be developed into multiple homesites with over 200 homes.

Supplements: **If rezoned to r-2** Sec. 18-44. - "R-2" Multiple family residential district. (a)Uses allowed without review.(1)Any allowed use without review in R-1.(2)Two-family or multifamily dwellings.(3)Doctor's or dentist's office.(4)Nursery schools.(5)Accessory uses to those above not involving the conduct of any business, trade or occupation.(b)Use exceptions allowed upon special approval.(1)Any use allowed by special approval in R-1.(2)Bed and breakfast establishments.(3)Hospitals, clinics, sanitariums, convalescent homes, nursing homes.(4)Orphanages, institutions for the aged, indigent or inform, but not including mental cases.(5)Rooming houses.(6)Nursery schools.(7)Professional offices.(c)Prohibited uses. All other uses.(d)Requirements. Minimum Lot Size Minimum Lot Width Front Yard Side Yard Rear Yard Maximum Height Single-family dwellings 5,000 sq. ft. 50 ft. 20 ft. 5 ft. 10 ft. 2 stories or 35 ft. Duplexes 6,500 sq. ft. 6,500 sq. ft. 20 ft. 7 ft. 15 ft. 2 stories or 35 ft. Multi family dwellings 10,000 sq. ft. 100 ft. 30 ft. 7 ft. 20 ft. 4 stories or 60 ft. Other uses 6,000 sq. ft. 6,000 sq. ft. 30 ft. 7 ft. 20 ft. 2 stories or 35 ft. ;adv=6;(e)Maximum density. The maximum number of dwelling units allowed per gross acre in the multiple family residential district shall be sixteen (16) dwelling units so long as all other provisions of this code are satisfied. The maximum density for other uses in the multiple family residential district shall be a floor area ratio of 1.0 so long as all other provisions of this code are satisfied. (Ord. No. 881 , § 18.44, 6-26-2017; Ord. No. 936 , § 3(Att. A), 3-14-2022)

More Information MLS# 915540

Contract Info

GCCMLS Number: 30832690 Listing Board: Emerald Coast List Date: 2022-10-16 List Price: $1,475,000

Location, Tax and Legal

Sub Area: 2310 - DeFuniak Springs N. Legal Description: BEG 365.11 FT W OF NE/COR;CONT W 2277.45 FT, N89 DEG 37' 48 W 100.5 FT TO E R/W HWY 331, RUN SELY ALONG HWY 635.35 FT TO NLY R/W OF GAS EASEMENT; S80 DEG 21' 05 E ALONG ESMT 1392.42 FT, S 81 DEG 59'25 E ALONG EASEMENT 910.26 FT, RUN N 00 DEG 05'30W 1000.67 FT TO POB AND ALSO BEG AT NE/C OF SEC21,N89DEG36'05W ALG N LINE OF SEC 65.11FT , S00DEG05'30E 1000.67FT TO NLY R/W LINE, N81 DEG 59'25W 910.26F

General Property Info

Listed on GCCMLS: No Vacant: Yes Immediate Occupancy: Yes Lot Depth: 2700 Zoning: R-1 Lot Frontage: 1300 Future Land Use: POTENTIAL REDEVELOPMENT FOR NEIGHBORHOOD Acreage: 41.04

Listing Info, Tax & Legal

As Is: Yes

Remarks & Misc

Remarks: Potential opportunity for commercial and/or residential development with access to a growing high traffic corridor of Walton County situated on 2 main ingress and egress roads, Walton Road and US Hwy 331. WIth other 60+ acres, a stream and pond the opportunities are endless! This property has the potential to be developed into multiple homesites with over 200 homes.

Class

Land: 1

Waterfront

Pond: 1 Stream: 1 Waterfront Feet: 300

Construction Status

Proposed: 1

Land

Property Type: Single Family Res

None

Current Price: $700,000

Status Change Info

Status: Sold Under Contract Date: 2023-04-01 Sold Date: 2024-10-22 Sold Price: $700,000

Location Tax and Legal

Area: 23 - North Walton County Street #: 1082 Street Name: Us Highway 331 State: FL Zip Code: 32433 County: Walton Parcel ID: 21-3N-19-19000-018-0010

Property Features

Class: Land Construction Status: Proposed Waterfront: Pond; Stream
Listing Office: Berkshire Hathaway Home Services PenFed Realty
Last Updated: October - 22 - 2024
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