Price Reduction as of 11/28/2025 Motivated seller's! Attention investors! Beautiful 5.1 acre parcel located in Lakewood Plantation within 500 feet of King Lake in historic DeFuniak Springs, Florida. King Lake is a 500 acre plus spring fed freshwater lake that is widely known for its great largemouth bass and bream fishing. Parcel is wooded with large mature oak trees and has a partially cleared area for a home or campsite. Land is located at the end of a paved street with a Cul-se-sac with electricity and public water available. No assessment or HOA fees are required for this property. Located @ 5 miles from DeFuniak Springs and only 30 minutes from the beaches of South Walton with local shopping, dining and entertainment along the Emerald Coast of Florida.