Unique opportunity with many, many development possibilities. Located appx 1.5 miles from I-10 and a mere 30 min to the beaches of Walton County, one of the fastest growing counties in the US. Zoned Estate Residential in Walton County (1 per 5 acres). Property is surrounded by city of DeFuniak Springs with possibility of annexing. Per city planning, one may annex while changing zoning to R2 simultaneously (16 per 1 acre). Previously used as a handicap compliant home with adjacent warehouse used for owner's office supply business. Property would be ideal for apartments, duplexes or a new home community. City water is available with public sewer less than 500 ft away. Buyer to do all due diligence and find out any matters of importance. Maps, city & county zoning, etc are in docs section.