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About This Home

This 0-bedroom, 0-bathroom commercial at 59 Nina Street in Other Florida, FL is listed for $5,500,000. on a 0.97 acres lot.

Agent Description

Discover a rare, high-exposure mixed-use property located at 59 Nina Street in DeFuniak Springs, Florida-an almost one-acre (.97 acre) parcel zoned for both residential and commercial use. This offering is unlike anything currently on the market in the region: it features an existing 3-bedroom, 2-bath double-wide mobile home, a dedicated office building, and a sizeable pole-barn/garage structure with ample room for expansion or storage.

Positioned to benefit from highway traffic and tourist flow en route to the Gulf Coast: DeFuniak Springs sits at the junction of major east-west and north-south corridors including U.S.Route 331 Florida State Road 83 (which leads directly south to Santa Rosa Beach and the Emerald Coast) and U.S.

Route 90. The location captures both local commercial activity and visitor traffic bound for Florida's beaches. Comparable parcels in the immediate area report traffic counts of approximately 22,982 vehicles per day. With direct highway frontage and dual zoning, this asset is uniquely positioned to grab attention from passing motorists and traveling tourists alike.

With commercial zoning in place, the property can be leveraged for a wide array of business models (e.g., professional offices, service/repair facility, storage rental, retail showroom, hospitality-adjacent), while the residential component provides occupancy flexibility or supplemental cash flow.

DeFuniak Springs serves as a gateway point to the Gulf Coast and the larger Northwest Florida tourism market. The north-south US 331/SR 83 axis carries traffic from inland and interstate corridors toward beach destinations, and the ongoing improvements in the transportation infrastructure only enhance accessibility.

For example, the Florida DOT has announced a $10.6 million resurfacing and intersection improvement project on Highway 331 from south of I-10 up to US 90 in DeFuniak Springs (scheduled through late 2025). Very few parcels offer nearly one acre of land with existing structures, commercial zoning, and frontage on a high-traffic highway corridor leading directly to a major tourist destination.

This scarcity supports positioning this listing as a flagship asset for an investor or enterprise looking for elevated visibility, multiple income streams and strong future upside. For the discerning investor or owner-operator, 59 Nina St. offers a broad range of strategic options: * Convert the office building into a professional services hub (medical, legal, financial, wellness) leveraging highway visibility and ease of access.

The office was origionally built as a resturant and has all neccisary underground waste, water and utillity features already in place. * Use the pole barn/garage for vehicle service, equipment rental, storage units, fabrication or light manufacturing-activities that benefit from high frontage, easy ingress/egress and large clear span space.

* Lease or occupy the 3/2 mobile home for on-site management, short-term accommodation (depending on zoning/regulations), or as a guaranteed rental component. *Road-traveling tourists: host independent rental offices, equipment rental (kayaks, bikes, beach gear), or establish a service/retail business targeting the steady wave of visitors traveling south to the Emerald Coast.

* Position for future redevelopment: with .97 acre and commercial zoning, potential exists to redevelop or expand-with the highway traffic counts and tourist gateway position providing a compelling value base. * The transportation improvements underway on US 331/SR 83 underscore the Florida DOT's commitment to improving access to the Gulf Coast corridor, enhancing the future visibility and accessibility of this asset.

* 59 Nina St., DeFuniak Springs is not simply a real estate offering-it's an invitation to capitalize on location, infrastructure momentum, highway frontage and tourism-driven demand. *Listing agent is related to owner.*

Key Features

  • 0.97 acre lot

Monthly Cost Estimate

$29,415/mo

20% down · 6.5% · 30 years

Principal$3,978
Interest$23,833
Insurance$1,604

Estimates only. Actual payments may vary.

Location

59 Nina Street

Other Florida, FL 32433

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 59 Nina Street is listed at $5,500,000. The estimated monthly payment is $23,833 based on 20% down at 6.5% interest.

Key features include: 0.97 acre lot.

This property is listed by Steven Fireman and can be reached at 8505869075 or stevenfireman@kw.com.

SF

Steven Fireman

Agent at Keller Williams Town & Country

(850) 586-9075

Listed by Keller Williams Town & Country

MLS# 392505· Source: listhub· Updated 223 days ago

Copyright © 2026 Tallahassee Board 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.

59 Nina Street, Other Florida, FL 32433

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