Built in 2023, this 1 bedroom, 1 bathroom, 600 sq ft home, with detached laundry-room-shed, produces $1,000/month in rental income and has a tenant in place until 6/2026.The parcel is just under a quarter-acre and the seller has new survey available. The existing home features floor-to-ceiling spray foam, for energy efficiency. 3/4'' treated plywood under all flooring. Oil painted plywood behind sheetrock in the kitchen and bathroom walls for increased durability and water protection. The detached laundry room was designed to eliminate any risk of potential water damage to the main house. This property is part of a real estate portfolio. Properties in the portfolio can be purchased separately, with some, or all of the other properties in the portfolio; seller negotiable on price if multiple/all properties in the portfolio are sold to the same buyer. Schedule your private showing today!
All info in the MLS is intended to be accurate, but cannot be guaranteed. Buyer and buyer's agent to perform their own due diligence.
MLS #'s for the other properties in the portfolio that are listed for sale: 956801, 956805.
For sale
$169,400
261 W Royal Palm Ave, Defuniak Springs, FL 32433
1beds
600sqft
Est.:
Single Family Residence
Built in 2023
10,018.8 Square Feet Lot
$-- Zestimate®
$282/sqft
$-- HOA
What's special
Energy efficiency
- 363 days
- on Zillow |
- 89 |
- 11 |
Zillow last checked: 7 hours ago
Listing updated: July 09, 2025 at 05:44am
Listed by:
Adam R Begin 386-589-3702,
LPT Realty LLC
Source: ECAOR,MLS#: 956610
Originating MLS: Emerald Coast

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Heating
- Electric
Cooling
- AC - 2 or More, AC - High Efficiency
Appliances
- Included: Microwave, Refrigerator W/IceMk, Electric Range, Electric Water Heater
- Laundry: Laundry Room
Features
- Bedroom, Kitchen, Living Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 600
- Total interior livable area: 600 sqft
Property
Features
- Stories: 1
- Patio & porch: Porch Open
- Pool features: None
- Fencing: Full
Lot
- Size: 10,018.8 Square Feet
- Dimensions: 80 x 62
- Features: Cleared, Level, See Remarks, Survey Available
Details
- Parcel number: 163N20280600210040
- Zoning description: County,Mobile Home,Resid Single Family
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Florida Cottage
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Roof: Metal
Condition
- Construction Complete
- Year built: 2023
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Electricity Connected
Community & HOA
Community
- Subdivision: Oakwood Hills Unit 1
Location
- Region: Defuniak Springs
Financial & listing details
- Price per square foot: $282/sqft
- Annual tax amount: $124
- Date on market: 8/9/2024
- Listing terms: Conventional,FHA,VA Loan
- Lease term: 7 - 12 Months
- Total actual rent: 1000
- Electric utility on property: Yes
- Road surface type: Dirt/Clay Road
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