1770 S Us Highway 331 Highway, DeFuniak Springs, FL 32435

$10,550,000
Property Type: Commercial for Sale Lot Size (sq. ft.): 4,791,600 Status: Sold
Current Price: $9,995,000 List Date: 5/04/2022 Last Modified: 10/13/2024

Description

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-10

Supplements: and billboard lease will convey. Buyer to verify all information for its intended purpose.

More Information MLS# 897457

None

Current Price: $10,550,000

Status Change Info

Status: Sold Under Contract Date: 2022-06-21 Sold Date: 2023-07-19 Sold Price: $10,550,000

Contract Info

GCCMLS Number: 30800284 List Date: 2022-05-04 List Price: $9,995,000 Listing Board: Emerald Coast

Location Tax and Legal

Area: 23 - North Walton County Street #: 1770 Street Direction: S Street Name: Us Highway 331 Street Suffix: Highway State: FL Zip Code: 32435 County: Walton Parcel ID: 03-2N-19-18000-010-0000

General Property Info

Listed on GCCMLS: Yes Vacant: No Immediate Occupancy: Yes Acreage: 110 Lot Frontage: 1750 Lot Depth: 2565 Zoning: Mixed Future Land Use: Commercial and Residential

Land

Property Type: Commercial

Property Features

Class: Land
Listing Office: Century 21 AllPoints Realty
Last Updated: October - 13 - 2024
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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