Four new custom-built single-family homes that are being sold as a 4-unit rental investment package. This is an excellent opportunity for anyone who wants to take advantage of the huge demand for rental property in DeFuniak Springs & North Walton County. Each custom built two-bedroom home comes with vinyl plank flooring, stainless steel Samsung appliances, Shaker style cabinets, Quartz counter tops, custom tiled showers, hardy plank siding and metal roofs. Demand for rental investment is at an all-time high and supply is at an all-time low. As of 8/10/23 there are only four homes listed in the MLS for rent in North Walton County! The gross rental income potential for this four-unit package is projected to bring 6000.00 per month in rent (1500.00 per home)
Across the street from Walmart just north of I 10 Highway 331 new growth new development all around subdivision developers buying new tracts, and more rooftops on the way! New Starbucks, new Chick-fil-A city growth, traffic, and demand are huge. Great place for retail, hotel, shopping, restaurants, and out parcels. Subject partial is cleared with sewer available barn and old home on site with no added value.250 front feet and 614 depth. zoned City c-2
22 Acres on Hwy 331S just south of the new North Walton Doctors Hospital in DeFuniak Springs, FL. Zoning and FLU is Estate Residential. Seller says that Walton County planning and zoning indicated changing the use to commercial was a distinct possibility, as abutting property to the south is commercial and across Hwy 331 is Industrial. Of course, do your due diligence to verify anything that is of importance. Appears to be high and dry on GIS map except for a small pond at the rear/far east side. Water/Sewer availability: it runs as far as Healthmark, appx 3800ft to the north. Annual Average Daily Traffic count of 22,400+ according to FDOT. Walton Co is one of the fastest growing counties in FL and in the nation. This is a prime opportunity to move your business to this thriving area.
PRIME DEVELOPMENT OPPORTUNITY! 4± PRIME ACRES located within the up-and-coming market and city limits of DeFuniak Springs of Walton County, Florida. Subject property is currently zoned Residential with a Future Land Use of Commercial zoning and captures broad visibility with over 340 ± feet fronting on U.S. Highway 331. This property is conveniently located approximately 1/2 mile north of Interstate 10 and centrally located to South Walton County, Destin, Fort Walton, Panama City, and Crestview. Exceptional opportunity with potential assemblage of adjacent parcels. Subject property and all existing structures are being sold ''as is.'' Seller is a licensed real estate salesperson in the State of Florida; Listing Agent has interest in the subject property.
Current tenant is leasing half of building and will be taking over all of building 1-1-2022. 5 year lease with option to extend after 5 years. Additional room in back of the current medical office to build additional offices. Daily average Traffic count is 22000 per DOT. Building is currently leased with an operating business. Do not disturb business. Inquire through a Realtor.
One acre parcel on Hwy 331. High traffic area. High visibility. 200 feet of Hwy frontage. Zoned C-1
Terrific 7 Acre tract of vacant land offering 1300 linear feet of State HWY 83 frontage. Future land use is general commercial. The location of subject land tract is located at the first traffic signal heading north on State HWY83 with strong enough traffic patterns to warrant a new Dollar General, Large Industrial Manufacturing Plant, and other commercial retail directly across the highway from subject parcel.
The median home value in Defuniak Springs, FL is $244,000. This is lower than the county median home value of $662,000. The national median home value is $338,100. The average price of homes sold in Defuniak Springs, FL is $244,000. Approximately 51.43% of Defuniak Springs homes are owned, compared to 36.17% rented, while 12.4% are vacant. Defuniak Springs real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Defuniak Springs real estate agent to arrange a tour today!
Defuniak Springs, Florida has a population of 5,875. Defuniak Springs is less family-centric than the surrounding county with 27.9% of the households containing married families with children. The county average for households married with children is 28.66%.
The median household income in Defuniak Springs, Florida is $53,984. The median household income for the surrounding county is $68,111 compared to the national median of $69,021. The median age of people living in Defuniak Springs is 37.1 years.
The average high temperature in July is 91.7 degrees, with an average low temperature in January of 37.4 degrees. The average rainfall is approximately 63.3 inches per year, with 0 inches of snow per year.