Property details
About 4319 S US Highway 331
Prime 5-acre parcel with 200 front feet on Hwy 331S, ideally situated just south of I-10 and abutting North Walton Doctors Medical on the north side in DeFuniak Springs. Currently zoned Estate Residential, this property offers significant future upside as it borders commercial zoning, making rezoning a real possibility for a variety of uses. The site features a 4,000 sq ft warehouse, providing immediate utility for storage, distribution, or conversion to office or service space. The FDOT-reported traffic count is appx 23,000 vehicles per day for exceptional visibility. Adjacency to North Walton Doctors Hospital makes it especially attractive for ancillary medical services, clinics, therapy centers, professional offices, as well as other commercial ventures seeking high exposure and convenient access to major transportation routes. Other area healthcare related facilities in near proximity include LeCom Dental School and the forthcoming HCA stand-alone ER, both located at the intersection of Hwy 331S and I-10. Dont miss this rare opportunity to secure a strategically located tract with outstanding development potential in a rapidly growing corridor. Rezoning to commercial is feasibleunlocking even greater value for those looking to capitalize on the areas growth and demand for medical and business services.
Highlights
Summary
- Private Pool: No
- List Price: $925,000
- Lot: Cleared, See Remarks
- Directions: From I-10 and 331, go south on Hwy 331S. Property will be on the left side, just before North Walton Doctors Medical on the east side of Hwy 331S.
- Lot Size: 5.41 Acres
- MLS Number: 974897
- MLS Name: Emerald Coast Association of REALTORS®
- Office Name: Kim & Company
- Office Email: kim@connectwithkim.com
- Listing Agent: Kim E Wennerberg
Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2025. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/3/2025, 12:50:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$925,000
4319 S US Highway 331
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Price information
Property sales
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Nearby schools
7
West Defuniak Elementary School
Public District KG-5
4.5 mi
•815 Lincoln Ave
4
Maude Saunders Elementary School
Public District KG-5
6.1 mi
•416 John Baldwin Rd
8
Freeport Elementary School
Public District PK-5
10.5 mi
•15381 US Highwayy 331 S
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $41,462. The majority of Defuniak Springs, FL residents have income less than $<35k annually. Typical family type is single, no kids. Residents of this area typically have high school diploma education.
Frequently asked questions
About 4319 S US Highway 331
The listing price of 4319 S US Highway 331 property is $925,000.
The property 4319 S US Highway 331 is land located in Defuniak Springs, Florida, 32433.
Active Listing: 4319 S US Highway 331 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 4319 S US Highway 331 are: West Defuniak Elementary School (GreatSchools Rating 7/10), Maude Saunders Elementary School (GreatSchools Rating 4/10), Freeport Elementary School (GreatSchools Rating 8/10), Walton Middle School (GreatSchools Rating 5/10), Freeport Middle School (GreatSchools Rating 7/10), Emerald Coast Middle School (GreatSchools Rating 6/10), Walton Academy Inc. (GreatSchools Rating 1/10), Walton Initiative for Success in Education (Wise) (GreatSchools Rating 2/10), Walton High School (GreatSchools Rating 6/10).
The property 4319 S US Highway 331 is 5.41 acres.
This home is located at 4319 S US Highway 331 in Defuniak Springs, FL and zip code 32435. Features: 0 bathroom. It has been listed on Rocket Homes since April 26, 2025 and is currently priced at $925,000.
In April 2025, from all listings sold in Defuniak Springs, FL there were more than 3 sold above asking price, over 12 sold below and more than 7 were sold right at the asked price. Between March and April 2025, Defuniak Springs, FL real estate market has seen decrease in the number of listings by 3.4%. In April 2025, listings were on the market for 117 days. During the same period, the median list price in this real estate market was $258,490.