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1246 N US Highway 331, Defuniak Springs, FL, 32433

$500,000

9.63 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeVacant Land
WaterfrontLake Front
ViewLake
MLS #961161
Lot Size9.63 Acres
StatusActive

About 1246 N US Highway 331

Hwy frontage along US Hwy 331! 4 Lots make up this 9.63 acre property, the front of the lots are situated along Hwy 331N, while the rear of the properties back up to Lake Rosemary. Current zoning will allow for up to 4 units per acre. With the possibility to convert the property to commercial allowing 12 units per acre. Converting from residential to commercial would require Walton Countys approval. This land has so much opportunity; developing for housing, creating an RV Park or so much more. The property currently offers a 2 bay pole barn with a storage room, and a 3 bay pole barn. The property has electricity, a well & septic are both available, but the condition of them are unknown. This land has been used for 25+ years for heavy equipment including but not limited to (cont) to directional boring rigs, dump trucks, semi trucks, tractors, trailers, motor homes, etc. Phone lines have been on the property previously, condition is also unknown by the Seller.

Property Details

Property Features

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices
  • Office Email: jledesma@bpfla.com
  • Listing Agent: Misty McHenry

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Lake Front
  • View: Lake

Lot Features

Lot Information:

  • Lot: Easement, Irregular Lot, Within 1/2 Mile to Water
  • Lot Size: 9.63 Acres

Other

Directions Information:

  • Directions: From the intersection of Hwy 331 S & Hwy 90, turn left onto Hwy 90 and follow 1.8 miles to continue along Hwy 331 North. Property will be 1.2 miles north on the right. Look for signs.

Price Information

Listing Price Info

Price Summary:

  • List Price: $500,000
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Housing Market Comparison

See how this home compares to others in Defuniak Springs, FL.

Med. Sold Price

$260K

Med. Price/SqFt

$178

Avg. Days On Market

64

# of Sold Homes

10

1246 N US Highway 331 vs Defuniak Springs

37 DAYS ON ROCKET

-27 Days

$500,000

+$240K More

KEY TAKEAWAY

This property is $240K more than the Median Sold Price in Defuniak Springs, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Emerald Coast Association of REALTORS®
  • MLS Number: #961161

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices
  • Office Email: jledesma@bpfla.com
  • Listing Agent: Misty McHenry

IDX Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2024. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 6:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,563

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,566

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-387250
5
/10
  • Maude Saunders Elementary School

  • 416 John Baldwin Rd

  • 1.35 miles

  • Public District Grades KG-5

school-card-donut-387251
7
/10
  • West Defuniak Elementary School

  • 815 Lincoln Ave

  • 2.11 miles

  • Public District Grades KG-5

school-card-donut-387252
7
/10
  • Mossy Head Elementary School

  • 13270 US Highway 90 W

  • 10.80 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,276. Residents of Defuniak Springs, FL typically earn less than $35k each year. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1246 N US Highway 331

What is the listing price of this property?

The listing price of 1246 N US Highway 331 property is $500,000.

What type of property is this?

The property 1246 N US Highway 331 is land located in Defuniak Springs, Florida, 32433.

Is this property for sale now?

Active Listing: 1246 N US Highway 331 is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 1246 N US Highway 331 is 9.63 acres.
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Rocket HomesFloridaWalton CountyDefuniak Springs324331246 N US Highway 331

This home is located at 1246 N US Highway 331 in Defuniak Springs, FL and zip code 32433. This home sits on a 9.63 acre lot. It has been listed on Rocket Homes since October 15, 2024 and is currently priced at $500,000.

While more than 0 listings in Defuniak Springs, FL in October 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 8 were sold below. The number of listings in Defuniak Springs, FL decreased by 2.8% between September 2024 and October 2024. While the average time on the market in October 2024 was 64 days, the median list price was $260,000.

From Rocket Homes Real Estate and based on county public records data.

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