This exceptional 15 ACRE COMMERCIAL property, ZONED C2, is strategically located just off US HWY 331S, across from WALMART and less than 1 MILE NORTH OF I-10, in the rapidly growing area of DEFUNIAK SPRINGS, FL. With convenient traffic light access from Corbett Drive and clear visibility from 331, this property offers unparalleled potential for a variety of commercial ventures.Offering 15 ac +/- altogether, with approximately 10 ACRES UPLANDS (mostly level), plus additional natural features including a beaver pond and creek. C2 ZONING allows for diverse uses such as hotels/motels, apartments, retail stores, professional offices, banks, restaurants, auto dealerships and more. Easily seen from Hwy 331, the sellers have added an additional opportunity for a 331S MONUMENT SIGN. Flexible options include subdividing the property into 2, 3, or more parcels to suit your specific needs. Sellers are creative and willing to consider various, serious proposals. Whether you're looking to develop a single-use project or a mixed-use complex, this property can accommodate your vision. A completed HOTEL/MOTEL FEASIBILITY STUDY is available for review for serious buyers. With access to electric, city water and city sewer, this property is poised to be a project with the pieces of the puzzle needed for a straightforward start.
The natural features and layout of the property also provide numerous opportunities for landscaping and design. This is a rare opportunity to secure a prime piece of commercial real estate in a thriving market.
Lot/land
$2,250,000
Corbett Dr, Defuniak Springs, FL 32435
--beds
--baths
15Acres
Unimproved Land
Built in ----
15 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 248 days |
- 34 |
- 0 |
Zillow last checked: 8 hours ago
Listing updated: June 12, 2025 at 10:33am
Listed by:
Kim E Wennerberg 850-635-1801,
Kim & Company
Source: ECAOR,MLS#: 973372
Originating MLS: Emerald Coast
Facts & features
Property
Features
- On waterfront: Yes
- Waterfront features: Creek, Pond
- Frontage type: Water
- Frontage length: Water: varies
Lot
- Size: 15 Acres
- Features: Irregular Lot, See Remarks, Split Possible
Details
- Parcel number: 022N19180000350000
- Zoning description: City,Commercial,Resid Multi-Family,See Remarks
Utilities & green energy
- Utilities for property: Sewer Available
Community & HOA
Community
- Subdivision: Metes & Bounds
Location
- Region: Defuniak Springs
Financial & listing details
- Annual tax amount: $1,672
- Date on market: 4/8/2025
- Listing terms: Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 4/8/2025 | Listed for sale | $2,250,000 |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Estimated monthly payment
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Neighborhood: 32435
Nearby schools
GreatSchools rating
- 7/10West Defuniak Elementary SchoolGrades: K-5Distance: 1.7 mi
- 7/10Walton Middle SchoolGrades: 6-8Distance: 0.7 mi
- 6/10Walton High SchoolGrades: 9-12Distance: 2.3 mi
Schools provided by the listing agent
- Elementary: West Defuniak
- 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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