xxx US-90, DeFuniak Springs, FL 32435

$5,655,000
Property Type: Land Lot Size (sq. ft.): 2,601,839 Status: Active
Current Price: $5,655,000 List Date: 9/08/2025 Last Modified: 1/22/2026

Overview

Description

DEVELOPMENT ORDER IN HAND. This is an opportunity to purchase 87 finished lots / pad ready. There are other options to purchase all 87 lots as paper lots MLS 984870. There are 2 other options to purchase finished lots: 1 to 9 lots @ $72,500 per lot or in increments of 10 at $68K per lot. The proposed new development is 5 minutes west of DeFuniak Springs on Hwy 90, consisting of 87 detached single family residential homes on approx 59.73 acres. Septic will be used / permitted for each lot. Public water. The development will have 2 driveway connections to Hwy 90. Zoned Rural Village, Flood Zone X. According to wetland study on the total 64.61 acres (study done before commercial property split), .35 acres is wetland, located on the eastern boundary of the lot.

Listing Details MLS# 984869

Contract Info

Listing Board
Emerald Coast
List Price/Acre
94676.04

Location Tax and Legal

Street #
xxx
Street Name
US-90
Area
23 - North Walton County
State
FL
Zip Code
32435
County
Walton
Project Name/Subdivision
The Acres
Parcel ID
24-3N-20-28000-009-0000

General Property Info

Sub-Type
Vacant Land
Acreage
59.73

Location, Tax and Legal

Sub Area
2306 - Northwest DeFuniak/King's Lake
Elementary School
West Defuniak
Middle School
Walton
High School
Walton
Legal Description
COM NW/C SEC 24-3N-20, S 01 DEG 11'11W 1461.50 FT, W N 89 DEG 13'56''E 1276.33 FT FOR A POB; N 89 DEG 13'56''E 1345.83 FT, N 89 DEG 27'48''E 655.14 FT, S 01 DEG 38'41''W 1483.92 FT TO A PT ON THE N ROW OF US HWY 90, ALG SAID ROW N 77 DEG 18'21''W 2032.08 FT, N 01 DEG 22'07''E 1012.89 FT TO THE POB. OR 3328-4233 OR 3329-2351 OR 3329-3329

More Information

Listing Info, Tax & Legal

Is Subject Leased
No
Assessment Fees
No
New Buyer Fee
No
Last Taxes
1621.37
Last Tax Year
2024
Brokerage Interest
No Interest
As Is
Yes

Remarks & Misc

Remarks
DEVELOPMENT ORDER IN HAND. This is an opportunity to purchase 87 finished lots / pad ready. There are other options to purchase all 87 lots as paper lots MLS 984870. There are 2 other options to purchase finished lots: 1 to 9 lots @ $72,500 per lot or in increments of 10 at $68K per lot. The proposed new development is 5 minutes west of DeFuniak Springs on Hwy 90, consisting of 87 detached single family residential homes on approx 59.73 acres. Septic will be used / permitted for each lot. Public water. The development will have 2 driveway connections to Hwy 90. Zoned Rural Village, Flood Zone X. According to wetland study on the total 64.61 acres (study done before commercial property split), .35 acres is wetland, located on the eastern boundary of the lot.

Lot Features

Build To Suit
Yes
Cleared
Yes
Interior
Yes
Irregular
Yes
Restrictions
Yes
Sidewalk
Yes
Survey Available
Yes
See Remarks
Yes

Lot Access

Paved Road
Yes
U.S. Highway
Yes

Utilities

Electric
Yes
Public Water
Yes
Septic Tank
Yes

Zoning

Resid Single Family
Yes
See Remarks
Yes

Financing

Construction Perm
Yes

Property Features

Lot Access: Paved Road; U.S. Highway Lot Features: Build To Suit; Cleared; Interior; Irregular; Restrictions; Sidewalk; Survey Available; See Remarks Zoning: Resid Single Family; See Remarks Utilities: Electric; Public Water; Septic Tank Financing: Construction Perm
Listing Office: Keller Williams Realty FWB
Last Updated: January - 22 - 2026
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.