1246 N US Hwy 331, DeFuniak Springs, FL 32433

$400,000
Property Type: Land Lot Size (sq. ft.): 419,483 Status: Active
Current Price: $400,000 List Date: 10/15/2024 Last Modified: 10/09/2025

Description

Hwy frontage along US Hwy 331! 4 Lots make up this 9.63 acre property, the front of the lots are situated along Hwy 331N, while the rear of the properties back up to Lake Rosemary. Current zoning will allow for up to 4 units per acre. With the possibility to convert the property to commercial allowing 12 units per acre. Converting from residential to commercial would require Walton County's approval. This land has so much opportunity; developing for housing, creating an RV Park or so much more. The property currently offers a 2 bay pole barn with a storage room, and a 3 bay pole barn. The property has electricity, a well & septic are both available, but the condition of them are unknown. This land has been used for 25+ years for heavy equipment including but not limited to (cont)

Supplements: to directional boring rigs, dump trucks, semi trucks, tractors, trailers, motor homes, etc. Phone lines have been on the property previously, condition is also unknown by the Seller.

More Information MLS# 961161

None

Current Price: $400,000

Status Change Info

Status: Active

Contract Info

List Date: 2024-10-15 List Price: $400,000 Listing Board: Emerald Coast List Price/Acre: 41536.86

Location Tax and Legal

Street #: 1246 Street Direction: N Street Name: US Hwy 331 Area: 23 - North Walton County State: FL Zip Code: 32433 County: Walton Project Name/Subdivision: LAKE ROSEMARY ESTATES UNIT 1 Parcel ID: 16-3N-19-19010-000-0050 & 16-3N-19-19010-000-0040

General Property Info

Sub-Type: Vacant Land Acreage: 9.63

Waterfront

Waterfront Feet: tbd

Property Features

Farm Info: Utility Building Lot Access: Paved Road; U.S. Highway Lot Features: Easements; Irregular; Within 1/2 Mile to Water Zoning: Resid Single Family Waterfront: Lake Waterview: Lake Utilities: Electric; Private Well; Septic Tank

Documents

Listing Office: Watersound Real Estate
Last Updated: October - 09 - 2025
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.

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