3.4-Acre Homestead or Investment Opportunity - DeFuniak Springs, FLDiscover the freedom and potential of country living on this 3.4-acre property, ideally zoned General Agriculture--perfect for a homestead, mini-farm, or investment portfolio.This property consists of three parcels (each approximately 1.14 acres), being sold together as one package, with the option to purchase one parcel separately if desired.The property includes a 3-bedroom, 1-bath mobile home, currently tenant-occupied and producing a projected rental income of $1,100/month--providing immediate income while you build or expand. 3.4-Acre Homestead or Investment Opportunity - DeFuniak Springs, FL
Discover the freedom and potential of country living on this 3.4-acre property, ideally zoned General Agriculture perfect for a homestead, mini-farm, or investment portfolio.
This property consists of three parcels (each approximately 1.14 acres), being sold together as one package, with the option to purchase one parcel separately if desired.
The property includes a 3-bedroom, 1-bath mobile home, currently tenant-occupied and producing a projected rental income of $1,100/month providing immediate income while you build or expand.
The two end parcels are already equipped with water, electric poles, and septic systems, offering flexibility for future builds or additional dwellings. The middle parcel also has water access and features an old brick building,
The vacant parcel located at 5751 Co Hwy 1087, DeFuniak Springs, FL 32433 adds to the versatility of this property ready for your custom build, animals, or garden.
Conveniently located just 35 minutes from the beautiful Emerald Coast beaches, Eglin Air Force Base, and nearby shopping and dining, this property delivers both peaceful rural living and proximity to everything you need.
Bring your plans, your vision, and your dreams this is where your homestead begins.
For sale
$270,000
5783 County Highway 1087, Defuniak Springs, FL 32433
3beds
784sqft
Est.:
Mobile Home
Built in 1999
3.4 Acres Lot
$-- Zestimate®
$344/sqft
$-- HOA
What's special
- 50 days |
- 53 |
- 2 |
Zillow last checked: 8 hours ago
Listing updated: October 21, 2025 at 03:18am
Listed by:
Kristen D Kuenzel 850-362-8712,
Century 21 AllPoints Realty
Source: ECAOR,MLS#: 987970
Originating MLS: Emerald Coast
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Features: See Remarks
Bedroom
- Level: First
Bathroom
- Level: First
Living room
- Level: First
Cooling
- Electric
Appliances
- Included: Electric Water Heater
Features
- Bedroom, Full Bathroom, Living Room
Interior area
- Total structure area: 784
- Total interior livable area: 784 sqft
Property
Features
- Stories: 1
- Pool features: None
Lot
- Size: 3.4 Acres
- Features: See Remarks
Details
- Additional structures: Shed(s)
- Parcel number: 254N21380100000200
- Zoning description: Agriculture
- Special conditions: Accept Backup Offers
Construction
Type & style
- Home type: MobileManufactured
- Property subtype: Mobile Home
Materials
- Roof: Metal
Condition
- Construction Complete
- Year built: 1999
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electricity Connected
Community & HOA
Community
- Subdivision: Shoal River Farms Unrec
Location
- Region: Defuniak Springs
Financial & listing details
- Price per square foot: $344/sqft
- Tax assessed value: $17,395
- Annual tax amount: $219
- Date on market: 10/21/2025
- Listing terms: Conventional,FHA,Owner
- Lease term: Negotiable
- Total actual rent: 1100
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/21/2025 | Listed for sale | $270,000$344/sqft |
Source: | ||
| 3/5/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 3/2/2022 | Listed for rent | $1,100$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $219 +7.1% | $17,142 +10% |
| 2023 | $205 -1.7% | $15,584 -0.1% |
| 2022 | $208 +1.7% | $15,602 +7.6% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,610/mo
Principal & interest
$1306
Property taxes
$209
Home insurance
$95
Climate risks
Neighborhood: 32433
Nearby schools
GreatSchools rating
- 5/10Paxton SchoolGrades: PK-12Distance: 10.6 mi
Schools provided by the listing agent
- Elementary: Maude Saunders
- Middle: Walton
- High: Walton
Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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