Multi-Family Development

1187 US Highway 331 S, Defuniak Springs, FL 32435

  • For Sale $1,500,000
  • Property Type VacantLand
  • Property Size 1,025 SF
  • Lot Size 16 Acre
  • Year Built 1970
  • Date Updated Mar 20, 2024
Approximately 1/2-mile North of I-10 in Defuniak, Springs.Development Opportunity! 16 +/- acres of Multi-family/Commercial land located in an area that has significant growth potential. Defuniak Springs is an up-and-coming area of Walton County, FL., and is located in proximity to Panama City, Destin, Ft. Walton, Gulf Shores, Mobile, and many more cities in the area. The property is surrounded by retailers including Subway, Taco Bell, Arby's, Dunkin Donuts, Walgreens, Murphy's USA, AT&T, Lowe's, Walmart, Econo Lodge, and many more national brands making this site ideal for multi-family development. The groundbreaking Veterans Lodge development site is currently underway in Defuniak Springs and is expected to bring in more residents to the area. For more information on the Veterans Lodge, visit: https://veteranslodge.org/

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Attachments

Contacts

broker

Brad Parker

TLG Real Estate Services

(850) 566-2629

Location

Getting Around

  • Walk Score ®

    39/100 Car-Dependent

  • Bike Score ®

    31/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Defuniak Springs, FL
  • Zip Code 32435
  • Market Pensacola

Points of Interest

  • 76

    0.57 miles

  • Tesla Supercharger

    1.11 miles

  • Sunoco

    1.14 miles

  • 76

    1.18 miles

  • Marathon

    7.74 miles

  • North Parking Lot

    1.97 miles

  • Bus Parking Lot

    2.49 miles

  • Florida Trail Eglin East Portal

    5.99 miles

  • Econo Lodge

    0.60 miles

  • Super 8

    0.72 miles

  • Best Western

    1.03 miles

  • Holiday Inn Express Defuniak Springs

    1.03 miles

  • Subway

    0.13 miles

  • Arby's

    0.19 miles

  • Taco Bell

    0.29 miles

  • Sonic

    0.37 miles

  • McLains Family Steak House

    0.61 miles

  • Waffle House

    0.64 miles

  • McDonald's

    1.19 miles

  • Whataburger

    1.26 miles

  • KFC

    1.31 miles

  • Zaxby's

    1.35 miles

  • Walton Middle School

    0.70 miles

  • West DeFuniak School

    1.64 miles

  • Walton County Vocational Technical School

    1.69 miles

  • Main Access Loop

    1.99 miles

  • Galilean Academy

    2.37 miles

  • Poplar Spring School

    8.19 miles

  • Beech Grove School

    9.53 miles

Frequently Asked Questions

What is the lease rate for Multi-Family Development?

Rental asking rate at Multi-Family Development is $750,000.00/YR.

What is the total square footage of Multi-Family Development?

Multi-Family Development totals 1,025 square feet.

When was this property built?

Multi-Family Development was built in 1970.

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Contact Listing Broker

broker

Brad Parker

TLG Real Estate Services

(850) 566-2629