$5,655,000
DeFuniak Springs, FL 32435
MLS# 984869
1 / 13
Property Description
DEVELOPMENT ORDER IN HAND. This is an opportunity to purchase 87 finished lots / pad ready. There are other options to purchase all 87 lots as paper lots MLS 984870. There are 2 other options to purchase finished lots: 1 to 9 lots @ $72,500 per lot or in increments of 10 at $68K per lot. The proposed new development is 5 minutes west of DeFuniak Springs on Hwy 90, consisting of 87 detached single family residential homes on approx 59.73 acres. Septic will be used / permitted for each lot. Public water. The development will have 2 driveway connections to Hwy 90. Zoned Rural Village, Flood Zone X. According to wetland study on the total 64.61 acres (study done before commercial property split), .35 acres is wetland, located on the eastern boundary of the lot.
Details
Contract Info
Listing Board: Emerald Coast
List Price/Acre: 94676.04
List Date: 2025-09-07
List Price: $5,655,000
Location, Tax and Legal
Sub Area: 2306 - Northwest DeFuniak/King's Lake
Elementary School: West Defuniak
Middle School: Walton
High School: Walton
Legal Description: COM NW/C SEC 24-3N-20, S 01 DEG 11'11W 1461.50 FT, W N 89 DEG 13'56''E 1276.33 FT FOR A POB; N 89 DEG 13'56''E 1345.83 FT, N 89 DEG 27'48''E 655.14 FT, S 01 DEG 38'41''W 1483.92 FT TO A PT ON THE N ROW OF US HWY 90, ALG SAID ROW N 77 DEG 18'21''W 2032.08 FT, N 01 DEG 22'07''E 1012.89 FT TO THE POB. OR 3328-4233 OR 3329-2351 OR 3329-3329
General Property Info
Sub-Type: Vacant Land
Acreage: 59.73
Listing Info, Tax & Legal
Is Subject Leased: No
Assessment Fees: No
New Buyer Fee: No
Last Taxes: 1621.37
Last Tax Year: 2024
Brokerage Interest: No Interest
As Is: Yes
Remarks & Misc
Remarks: DEVELOPMENT ORDER IN HAND. This is an opportunity to purchase 87 finished lots / pad ready. There are other options to purchase all 87 lots as paper lots MLS 984870. There are 2 other options to purchase finished lots: 1 to 9 lots @ $72,500 per lot or in increments of 10 at $68K per lot. The proposed new development is 5 minutes west of DeFuniak Springs on Hwy 90, consisting of 87 detached single family residential homes on approx 59.73 acres. Septic will be used / permitted for each lot. Public water. The development will have 2 driveway connections to Hwy 90. Zoned Rural Village, Flood Zone X. According to wetland study on the total 64.61 acres (study done before commercial property split), .35 acres is wetland, located on the eastern boundary of the lot.
Lot Features
Build To Suit: 1
Cleared: 1
Interior: 1
Irregular: 1
Restrictions: 1
Sidewalk: 1
Survey Available: 1
See Remarks: 1
Lot Access
Paved Road: 1
U.S. Highway: 1
Utilities
Electric: 1
Public Water: 1
Septic Tank: 1
Zoning
Resid Single Family: 1
See Remarks: 1
Financing
Construction Perm: 1
None
Current Price: $5,655,000
Status Change Info
Status: Active
Location Tax and Legal
Street #: xxx
Street Name: US-90
Area: 23 - North Walton County
State: FL
Zip Code: 32435
County: Walton
Project Name/Subdivision: The Acres
Parcel ID: 24-3N-20-28000-009-0000
Property Features
Lot Access: Paved Road; U.S. Highway
Lot Features: Build To Suit; Cleared; Interior; Irregular; Restrictions; Sidewalk; Survey Available; See Remarks
Zoning: Resid Single Family; See Remarks
Utilities: Electric; Public Water; Septic Tank
Financing: Construction Perm
Listing Office: Keller Williams Realty FWB
Last Updated: January - 22 - 2026
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.
