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About This Home

This land at 1246 N US Hwy 331 in Defuniak Springs, FL is listed for $400,000 (9.63 acres).

Agent Description

Hwy frontage along US Hwy 331! 4 Lots make up this 9.63 acre property, the front of the lots are situated along Hwy 331N, while the rear of the properties back up to Lake Rosemary. Current zoning will allow for up to 4 units per acre. With the possibility to convert the property to commercial allowing 12 units per acre.

Converting from residential to commercial would require Walton County's approval. This land has so much opportunity; developing for housing, creating an RV Park or so much more. The property currently offers a 2 bay pole barn with a storage room, and a 3 bay pole barn.

The property has electricity, a well & septic are both available, but the condition of them are unknown. This land has been used for 25+ years for heavy equipment including but not limited to (cont) to directional boring rigs, dump trucks, semi trucks, tractors, trailers, motor homes, etc. Phone lines have been on the property previously, condition is also unknown by the Seller.

Key Features

  • 9.63 acre lot
  • Waterfront

Amenities

WaterfrontView

Location

1246 N US Hwy 331

Defuniak Springs, FL 32433

LAKE ROSEMARY ESTATES UNIT 1

Property Details

Views

Lake

Questions & Answers

This 0-bedroom, 0-bathroom land at 1246 N US Hwy 331 is listed at $400,000. The estimated monthly payment is $1,733 based on 20% down at 6.5% interest.

Key features include: 9.63 acre lot, Waterfront.

This property is listed by Misty McHenry and can be reached at 8508653085 or mistyon30a@gmail.com.

MM

Misty McHenry

Agent at Watersound Real Estate

(850) 865-3085

Listed by Watersound Real Estate · View on Broker Site

MLS# 961161· Source: listhub· Updated 598 days ago

Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1246 N US Hwy 331, Defuniak Springs, FL 32433

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