www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
15625885
15625884

1187 US HWY 331 S, Defuniak Springs, FL 32435

BP
FL 3255698
TLG Real Estate Services
Listed by TLG Real Estate Services
$1,500,000
805 days on market
Updated 15 days ago

Multi-Family Development

Details
APN 02-2N-19-18000-035-0000
Property Type Land
Sub Type Residential, Multi-Family
Acreage 16.000
Zoning Commercial

Land | 16 acres

Marketing description

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/

LOCATION: Approximately 1/2-mile North of I-10 in Defuniak, Springs.

Listing Contacts

BP
FL 3255698
TLG Real Estate Services
Listed by TLG Real Estate Services

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591