361 Park Avenue, DeFuniak Springs, FL 32435

$248,900
Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 2,160 Lot Size (sq. ft.): 13,504 Status: Active
Current Price: $248,900 List Date: 1/30/2026 Last Modified: 2/12/2026

Description

This home offers flexibility you just don't find every day, especially in the historic district. This 2,160 SF, two-story home has a proven layout for multi-use living, income potential, or both. With 4 bedrooms and 2.5 baths, the home is currently configured as two separate living spaces. Downstairs is 3 beds/2 bath, and upstairs is a 1 Bed/1 Bath (with 5th bed potential), plus a 2nd kitchen. Live on one level and rent the other, create a multi-generational setup, or explore a duplex conversion and rent both floors. The home sits on a generous 1/3-acre lot with both front street and rear alley access, with a fenced backyard,. It's just minutes to downtown DeFuniak Springs, Lake DeFuniak, Walton Middle, and offers quick access to Hwy 331 South, putting the beaches About 30 min away. This

Supplements: there's room to expand - there is the possibility for a small additional home to be built at the back of the property with its own private entrance, creating the potential for three separate rental opportunities (buyer to verify). The fenced backyard adds privacy and flexibility. This is not a teardown, and it's not pretending to be fully renovated either. The important pieces are in place, including a new water heater, a roof approximately 10 years old, and electrical and plumbing updates completed over time. While the home does need cosmetic updates, features like the original craftsman stone lends authentic charm. Window units are used throughout, and the property has a history of an upstairs rental. This is a chance to buy into the historic district with multiple exit strategies, and without paying finished-home pricing. If you're looking for charm, potential, and a property that can evolve with your plans, this one is worth a closer look.

More Information MLS# 994137

Status Change Info

Status: Active

Contract Info

List Date: 2026-01-30 Current Price: $248,900 List Price: $248,900 List Price/SqFt: 115.23 Listing Board: Emerald Coast

Location Tax and Legal

Area: 23 - North Walton County Street #: 361 Street Name: Park Street Suffix: Avenue State: FL Zip Code: 32435 County: Walton Project Name/Subdivision: TOWN OF DEFUNIAK SPRINGS Parcel ID: 25-3N-19-19404-001-0070

General Property Info

Sub-Type: Detached Single Family Design: Craftsman Style Apx SqFt(Htd/Cooled): 2160 SqFt Source: County PA Records Bedrooms: 4 Full Baths: 2 Half Baths: 1 Total Bathrooms: 3 # Stories: 2 Year Built: 1910 Immediate Occupancy: Yes Garage: No Carport: No Acreage: 0.31 Pool: No Pool Type: None

Property Features

Construction Status: Construction Complete Lot Features: Level; Sidewalk; Within 1/2 Mile to Water Zoning: Historical; Resid Single Family Exterior: Balcony; Deck Open; Fenced Back Yard; Fenced Chain Link; Porch; Separate Living Area Interior: Built-In Bookcases; Floor Vinyl; Floor WW Carpet; Pantry; Shelving; Wallpaper; Walls Paneled; Washer/Dryer Hookup Appliances: Refrigerator; Stove/Oven Gas Utilities: Electric; Gas - Natural; Public Sewer; Public Water Energy: AC - Window/Wall; Ceiling Fans; Heat - Wall/Window; Water Heater - Elect Master Bedroom: First Bedroom: First; Second Kitchen: First; Second Living Room: First Full Bathroom: First; Second Half Bathroom: First Rooms: Bedroom; Dining Area; Full Bathroom; Half Bathroom; Kitchen; Laundry; Living Room; Master Bedroom Financing: Conventional

Room Information

Kitchen Level: First Dimensions: 10 x 9.6 Length: 10.00 Width: 9.60 Dimensions: 10 x 9.6 Dining Area Level: First Dimensions: 15.2 x 11.4 Length: 15.20 Width: 11.40 Dimensions: 15.2 x 11.4 Full Bathroom Level: First Dimensions: 4.1 x 9.6 Length: 4.10 Width: 9.60 Dimensions: 4.1 x 9.6 Living Room Level: First Dimensions: 20.6 x 15 Length: 20.60 Width: 15.00 Dimensions: 20.6 x 15 Master Bedroom Level: First Dimensions: 13.5 x 15.9 Length: 13.50 Width: 15.90 Dimensions: 13.5 x 15.9 Bedroom Level: First Dimensions: 10.3 x 11.6 Length: 10.30 Width: 11.60 Dimensions: 10.3 x 11.6 Half Bathroom Level: First Dimensions: 4.6 x 4.5 Length: 4.60 Width: 4.50 Dimensions: 4.6 x 4.5 Laundry Level: First Dimensions: 8.4 x 11.6 Length: 8.40 Width: 11.60 Dimensions: 8.4 x 11.6 Kitchen Level: Second Dimensions: 15.2 x 11.4 Length: 15.20 Width: 11.40 Dimensions: 15.2 x 11.4 Bedroom Level: Second Dimensions: 17.6 x 15.8 Length: 17.60 Width: 15.80 Dimensions: 17.6 x 15.8 Bedroom Level: Second Dimensions: 13.7 x 15.1 Length: 13.70 Width: 15.10 Dimensions: 13.7 x 15.1 Full Bathroom Level: Second Dimensions: 7 x 11.1 Length: 7.00 Width: 11.10 Dimensions: 7 x 11.1
Listing Office: Kim & Company
Last Updated: February - 12 - 2026
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 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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