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Proudly Licensed with Navarre Beach Realty, Inc

1246 N US Hwy 331, DeFuniak Springs, FL 32433

$675,000
Property Type: Land Lot Size (sq. ft.): 435,600 Status: Active
Current Price: $675,000 List Date: 6/29/2024 Last Modified: 6/29/2024

Description

** Seller will OWNER FINANCE with 20% down** Other terms negotiable. Are you looking for a prime piece of real estate to invest in? This 10-acre property is located on a main highway, 1.2 miles from DeFuniak Airport, providing over 700 feet of road frontage and priceless visibility for your business. Zoned for urban residential, you can build 4 units per acre with its current zoning. This property also backs up to Lake Rosemary. If you're interested in commercial opportunities, the zoning can be changed with approval from Walton county planning and development. Changing to Commerical zoning would allow 12 units per acre. It would be a great place for a tiny home park, mobile home park, or a variety of other business ventures. Electricity and well on property but not currently being used.

Supplements: Buyer must verify all measurements.

More Information MLS# 926429

None

Current Price: $675,000

Status Change Info

Status: Active

Contract Info

List Date: 2023-06-27 List Price: $675,000 Listing Board: Emerald Coast List Price/Acre: 67500

Location, Tax and Legal

Street #: 1246 Street Direction: N Street Name: US Hwy 331 Area: 23 - North Walton County State: FL Zip Code: 32433 County: Walton Sub Area: 2310 - DeFuniak Springs N. Project Name/Subdivision: LAKE ROSEMARY ESTATES UNIT 1 Parcel ID: 16-3N-19-19010-000-0050 Elementary School: Maude Saunders Middle School: Walton High School: Walton Legal Description: LOTS 4, 6 & 7 LAKE ROSEMARY ESTATES UNIT 1 PB 11-3 OR 2048-383 OR 3262-17 LOT 5 LAKE ROSEMARY EST UNIT 1 PB 11-3 OR 1623-111 OR 3262-173

General Property Info

Sub-Type: Vacant Land Acreage: 10

Listing Info, Tax & Legal

Assessment Fees: No Is Subject Leased: No New Buyer Fee: No Brokerage Interest: No Interest As Is: No

Remarks & Misc

Remarks: ** Seller will OWNER FINANCE with 20% down** Other terms negotiable. Are you looking for a prime piece of real estate to invest in? This 10-acre property is located on a main highway, 1.2 miles from DeFuniak Airport, providing over 700 feet of road frontage and priceless visibility for your business. Zoned for urban residential, you can build 4 units per acre with its current zoning. This property also backs up to Lake Rosemary. If you're interested in commercial opportunities, the zoning can be changed with approval from Walton county planning and development. Changing to Commerical zoning would allow 12 units per acre. It would be a great place for a tiny home park, mobile home park, or a variety of other business ventures. Electricity and well on property but not currently being used.

Office/Member Info

Single Agent Comp: 2 Single Agent Comp Type: % Trans Broker Comp: 2 Trans Broker Comp Type: % Non-Rep Comp: 1 Non-Rep Comp Type: %

Property Features

Lot Access: County Road; Paved Road; U.S. Highway Lot Features: Cleared; Wooded Zoning: Resid Single Family; See Remarks Utilities: Electric; Private Well Financing: Conventional
Listing Office: Team Walton Real Estate Professionals
Last Updated: June - 29 - 2024

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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.