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For Sale

$1,475,000

1368 S US Highway 331
Defuniak Springs, FL 32435

Bed 4 br
Bathroom 3.5 ba
Sqft 4,800 sqft
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 300 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.'' Listing agent is related to Seller. Read More

Market Status
Available
Last Updated
June 9, 2021

Property Type
Single Family Home
Year Built
1964
Bedrooms
4 BR
Baths
3 full BA; 1 ½BA
Stories
1
Taxes
2636.1400
MLS Area
North Walton County
Sewer Utilities
Septic Sewer System
Water Utilities
Public Water Supply

Local Market Conditions

There are currently 40 properties for sale in the Defuniak Springs, FL area with the average listing price of $804,488. This represents a decrease of -29.2% over the previous week. The 4 bedroom homes saw the largest decrease in the average listing price over the previous week with a -60.1% decrease. To learn more about the Defuniak Springs, FL area, contact a local expert!

Market Snapshot for Defuniak Springs, FL

Avg. Listing Price

$804,488

Wk ending Jun 5

$-332,057

-29.2%

w-o-w

40

58

12

8

6

Average Listing Price for Defuniak Springs, FL
No. BedroomsNo. Beds Week Ending
(Jun 5)
w-o-w Week Ending
(May 29)
Week Ending
(May 22)
Week Ending
(May 15)
All PropertiesAll $804,488 -29.2% $1,136,545 $1,165,403 $1,085,246
1 bedroom1 BR $188,950 -36.8% $299,000 $299,000 $299,000
2 bedrooms2 BR $168,725 +6.6% $158,333 $175,000 $175,000
3 bedrooms3 BR $356,967 -10.9% $400,654 $377,697 $359,310
4 bedrooms4 BR $586,748 -60.1% $1,470,450 $2,687,500 $1,866,667

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Listing Provided By:

John Paul Somers

Somers & Company

Phone
This $1,475,000 Single Family Home at 1368 S US Highway 331 in Defuniak Springs, FL is offered by John Paul Somers. This $1,475,000 Single Family Home, located in the 32435 zip code, has the following property features: Pets Allowed, Water Utilities, View, Tennis. This 1368 S US Highway 331 Single Family Home is listed under MLS listing number 837629, has 4 beds, 4 baths, and has a listing price of $1,475,000. You can find more of John Paul Somers's listings by browsing John Paul Somers homes for sale at HomesAndLand.com, or even more Defuniak Springs homes for sale here.

Data Provided by Emerald Coast Association of Realtors

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