5 Parcels Hill Street, DeFuniak Springs, FL 32435

$575,000
Property Type: Land Lot Size (sq. ft.): 1,197,029 Status: Sold
Current Price: $569,900 List Date: 2/29/2024 Last Modified: 11/16/2024

Description

INVESTORS!!! PRIME for Development!!! All 5 parcels, within the City Limits of DeFuniak Springs FL, consist a total of approx. 27.48 acres on Hill St and 2nd street. This City is exploding and you can take part in this tremendous growth opportunity! Both City water/sewer are available along the right of way of south 2nd street. They are zoned the following: Parcels: •02-2N-19-18000-022-0010 - zoned R-1 •02-2N-19-18000-022-0030 - zoned R-1 •02-2N-19-18000-022-0040 - zoned R-1 •02-2N-19-18000-022-0020 - zoned WCD (Walton County Designated) •02-2N-19-18000-022-0050 - zoned WCD (Walton County Designated) The Walton County Designated property means when it was annexed into the City it retained it's Walton County designation on our Future Land Use map. That would need

Supplements: to be amended prior to any development of property. Upon completion of Annexation, then it can be further subdivided into smaller lots all must fit minimum sqft size designation per R-1 guidelines. In essence, one residence per parcel is allowed. Engineering will have to be involved to determine the number of lots this property would yield taking into account storm water, infrastructure, utility easements, etc. These parcels are north of the beautiful community of Pine Shores. This is rolling land all almost entirely in Flood Zone X. There is a small section of wetlands. Once developed, like Pine Shores, these parcels of land will offer many beautiful and highly sought after residential lots for potential builders. This property is in a great proximity to town, schools, shopping, as well as the famous DeFuniak Springs Lake yard. Less than an hour away from the White Sandy Beaches of Florida's Emerald Gulf Coast. Immense fishing opportunities all around! Some of the best exist in King's Lake just a few minutes north. Growth is abounding with addition of Chic-fil-a, Starbucks, and so much more coming. The city of DeFuniak is very short on residential housing and in desperate need of more affordable residential homes. The city is welcoming developers to invest and build here! They are looking to work with you! **Please do not walk on this property without your real estate agent with you. The boundary lines can be confusing and we do not want folks to have trespassing issues with the neighbors.

More Information MLS# 943415

Status Change Info

Sold Price/Acre: 20924.31 Status: Sold Under Contract Date: 2024-03-08 Sold Date: 2024-04-22 Sold Price: $575,000

Contract Info

Listing Board: Emerald Coast List Price/Acre: 20738.72 List Date: 2024-02-28 List Price: $569,900

Location, Tax and Legal

Sub Area: 2313 - DeFuniak S.E. Elementary School: Maude Saunders Middle School: Walton High School: Walton Legal Description: See Attached Legal Description under Documents. Parcel #1 02-2N-19-18000-022-0010 Parcel #2 02-2N-19-18000-022-0020 Parcel #3 02-2N-19-18000-022-0030 Parcel #4 02-2N-19-18000-022-0040 Parcel #5 02-2N-19-18000-022-0050

General Property Info

Sub-Type: Vacant Land Acreage: 27.48 Mineral Rights: No

Listing Info, Tax & Legal

Who Paid Commissions: Seller Who Paid Doc Stamps: Buyer Who Paid Title: Buyer Is Subject Leased: No Assessment Fees: No New Buyer Fee: No Last Taxes: 321.34 Last Tax Year: 2023 Brokerage Interest: No Interest As Is: Yes

Remarks & Misc

Remarks: INVESTORS!!! PRIME for Development!!! All 5 parcels, within the City Limits of DeFuniak Springs FL, consist a total of approx. 27.48 acres on Hill St and 2nd street. This City is exploding and you can take part in this tremendous growth opportunity! Both City water/sewer are available along the right of way of south 2nd street. They are zoned the following: Parcels: •02-2N-19-18000-022-0010 - zoned R-1 •02-2N-19-18000-022-0030 - zoned R-1 •02-2N-19-18000-022-0040 - zoned R-1 •02-2N-19-18000-022-0020 - zoned WCD (Walton County Designated) •02-2N-19-18000-022-0050 - zoned WCD (Walton County Designated) The Walton County Designated property means when it was annexed into the City it retained it's Walton County designation on our Future Land Use map. That would need

Lot Features

Corner: 1 Irregular: 1 Wetlands: 1 Wooded: 1

Lot Access

City Road: 1 County Road: 1 Paved Road: 1

Utilities

Electric: 1 Public Sewer: 1 Public Water: 1 Tap Fee Due: 1

Zoning

City: 1 County: 1 Unrestricted: 1

Financing

Conventional: 1

None

Current Price: $575,000

Location Tax and Legal

Street #: 5 Parcels Street Name: Hill Street Suffix: Street Area: 23 - North Walton County State: FL Zip Code: 32435 County: Walton Project Name/Subdivision: N/A Parcel ID: 02-2N-19-18000-022-0030

Property Features

Lot Access: City Road; County Road; Paved Road Lot Features: Corner; Irregular; Wetlands; Wooded Zoning: County; Unrestricted Utilities: Electric; Public Sewer; Public Water; Tap Fee Due Financing: Conventional
Listing Office: Coldwell Banker Realty
Last Updated: November - 16 - 2024
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.