DEVELOPMENT POTENTIAL

Special Purpose for Sale
Catylist Listing ID: 30742495
Building Size (RSF): 2,544 SF
Gross Building Area: See Agent
Gross Land Area: 2 - 8 Acres
Sale Price: $487,500 - 1,295,000
Ceiling: 8 ft.
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 6/28/2021

Overview / Comments

This listing is for the home and 2 acres of Commercial property. Home is nice and well kept, with an inground liner type pool, two older barns. Level property, nicely landscaped.
Could be used as a Club House with pool, and or staff offices.
This property purchased with the remaining 6 acres of Commercial land would be ideal for an investor in the Fast Growing County of Walton. On Hwy 331 South the direct route to the Worlds MOST BEAUTIFUL beaches of South Walton County.
Highway frontage for maybe a strip mall center or service station, and a Townhome development in the back, fronts on 331 with a side road of Cuchens Lane.
City Water and Gas, and Fire Protection by the property right now, Sewer is in the planning stages. INVEST NOW!!

Additional Details

Nearest MSA: Crestview-Fort Walton Beach-Destin
County: Walton
Taxing Authority: Walton County
Tax ID/APN: 26-2N-19-18000-022-0020
Zoning: COMMERCIAL; COUNTY; RESIDENTIAL SINGLE FAMILY;
Property Located Between: DeFuniak Springs, FL and Freeport, FL
Property Visibility: Excellent
Largest Nearby Street: US Hwy 331 S., DeFuniak Springs, FL 32435
Feet of Frontage: 209
Highway Access: From 109 Cuchens Lane to US Hwy 331 S.
Airports: DeFuniak Springs, FL, Panama City Beach, FL
Total Number of Buildings: 3
Number of Stories: 1
Typical SF / Floor: 2,544 SF
Property Condition: Good
Year Built: 1979
Year Renovated: 1990
Roof Type: Gable
Construction/Siding: Brick/Vinyl Siding
Parking Ratio: 12 (per 1000 SF)
Parking Type: Surface
Parking Description: Parking for one vehicle under the shed attached to the first Barn near the home. Lots of yard parking and a circular driveway to park in.
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Other
Zoning Description: Commercial; County; Residential Single Family;
Lot Frontage: 208
Lot Depth: 838
Water Service: Municipal, Well
Sewer Type: Septic, Other
Easements: Pipelines, Electric Lines
Easements Description: Water and Gas, Electric in the front of the land, by the US Hwy in the set backs.
Land Ownership: Joint
Legal Description: Com NE COR S2 OF NW4, RUN W 835.25 FT, S 417.5 FT E 626.25 FT, N 208.75, 8 ACRES M/L TBD BY SURVEY AND VERIFIED BY BUYER

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 848 2,108
Median Age: 47.27 48.75
Households: 351 853

Contact

Photograph of Listing Agent

Janet S. Hurst

DeFuniak Realty, LLC Gulf Coast CMLS Member
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