1770 S Us Highway 331 Highway, DeFuniak Springs, FL 32435
$10,550,000
Property Type:
Commercial for Sale
Lot Size (sq. ft.):
4,791,600
Status:
Sold
Current Price:
$10,550,000
List Date:
5/04/2022
Last Modified:
10/13/2024
Overview
Description
Supplements:
Listing Details MLS# 897457
Status Change Info
- Under Contract Date
- 2022-06-21
- Sold Date
- 2023-07-19
Contract Info
- GCCMLS Number
- 30800284
- Listing Board
- Emerald Coast
Location Tax and Legal
- Area
- 23 - North Walton County
- Street #
- 1770
- Street Direction
- S
- Street Name
- Us Highway 331
- Street Suffix
- Highway
- State
- FL
- Zip Code
- 32435
- County
- Walton
- Parcel ID
- 03-2N-19-18000-010-0000
General Property Info
- Listed on GCCMLS
- Yes
- Vacant
- No
- Immediate Occupancy
- Yes
- Acreage
- 110
- Lot Frontage
- 1750
- Lot Depth
- 2565
- Zoning
- Mixed
- Future Land Use
- Commercial and Residential
More Information
Location, Tax and Legal
- Sub Area
- 2312 - DeFuniak S. W.
- Legal Description
- THAT PART OF E2 LYING S OF PROPERTY AS DESCRIBED IN OR 137 PG 639 LESS RD ROWS ALSO LESS COM NE/C GO S 0 DEG 01' 59W 2551.71 FT, GO N 88 DEG 08'50W 101.58 FT TO W ROW HWY 331, GO S 0 DEG 08'59W ALONG HWY 150 FT, GO N 88 DEG 08'50 W 325 FT, GO N 0 DEG 08'59E 150 FT, GO S 88 DEG 08'50E 325 FT TO POB(EASEMENT O.R.403 -692) PRCL 1: BEG SW/C OF SE4 OF SEC 3, ALONG W LINE OF SW4, N 01 DEG 33'47 E 244.04
Listing Info, Tax & Legal
- As Is
- Yes
Remarks & Misc
- Remarks
- This apex location parcel at the junction of 331 S and Interstate 10 in Defuniak Springs is a developer's dream. 94.7 acres (110.4 per GIS map) with an estimated 75+ developable uplands (wetlands estimated at 20+ acres) is co-zoned commercial and residential (16 units per acre) for maximum value and use. This longtime family farm property has a prominent lake on the eastern side and forested wetland stream areas to the west. The property is the cornerstone parcel of the commercial zone along 331 in south Defuniak Springs with Walmart and Lowes along the same stretch and falls within the City of Defuniak Springs zoning jurisdiction. On the south side of I-10, almost 3,850 residential units are planned by several development groups. The approximate one acre parcel on the south side of I-10
Class
- Land
- Yes
Property Features
Class:
Land
Listing Office:
Century 21 AllPoints Realty
Last Updated: October - 13 - 2024
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