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Lot/land
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  • $400,000

    1246 Us Highway 331 N, Defuniak Springs, FL 32433

    --beds
    --baths
    9.63Acres
    Unimproved Land
    Built in ----
    9.63 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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 County's 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.
    294 days
    on Zillow
    |
    33
    |
    2
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 23, 2025 at 04:08am

    Listed by:

    Misty McHenry 850-865-3085,

    Watersound Real Estate

    Source: ECAOR,MLS#: 961161MLS LogoOriginating MLS: Emerald Coast
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    Facts & features

    Property

    Features
    • Has view: Yes
    • View description: Lake
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Lake Front
    • Frontage type: Water
    • Frontage length: Water: tbd
    Lot
    • Size: 9.63 Acres
    • Dimensions: 742' x 515' x 767' x 617'
    • Features: Easements, Irregular Lot, Within 1/2 Mile to Water
    Details
    • Additional structures: Utility Building
    • Has additional parcels: Yes
    • Parcel number: 163N19190100000050 & 163N19190100000040
    • Zoning description: Resid Single Family

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well
    • Utilities for property: Electricity Connected

    Community & HOA

    Community
    • Subdivision: Lake Rosemary Estates Unit 1
    Location
    • Region: Defuniak Springs

    Financial & listing details

    • Tax assessed value: $29,800
    • Annual tax amount: $897
    • Date on market: 10/15/2024
    • Electric utility on property: Yes
    • Road surface type: Paved
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