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$1,250,000
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Property Description
PRIME COMMERCIAL LOCATION! 3± Acres on US Highway 331 South in DeFuniak Springs, Florida of Walton County. Subject property is approximately 0.4± miles north of Interstate 10 and centrally located to South Walton County, Destin, Fort Walton, Panama City, and Crestview. According to the City of DeFuniak Springs Zoning Map, the subject property is zoned C-1, https://defuniaksprings.net/1168/Zoning-Ordinance-Zoning-Map. Existing survey is located under the Documents Tab.
Full Property Details
Full Property Details for 1586 US-331
General
- Price: $1,250,000
- Status: Active
- Type: Commercial Land
- Source: Emerald_Coast
- MLS ID: 951332
- Updated: 4/24/2026
- Added to Site: 691 day(s) ago
Location
- Area: 23 - North Walton County
- County: Walton
- Subdivision: METES & BOUNDS
- Driving Directions: Mapquest 1586 US-331, DeFuniak Springs, FL 32435
School Information
- Elementary School: West Defuniak
- Middle School: Walton
- High School: Walton
Utilities
- Utility Description: Other
Lot Features
- Lot Size (Acres): 3
- Lot Size (Sq. Ft.): 130,680
- Lot Dimensions: 83 x 288 x 52 x 439 x 201 x 687 x 90 x 50
- Zoning: City, Commercial
Financial Considerations
- Price Per Acre: $416,666.67
Disclosures and Reports
- Legal Description: Walton County Parcel ID: 03-2N-19-18000-013-0000
- APN: 03-2N-19-18000-013-0000
- Property ID: 03-2N-19-18000-013-0000
Listed by Somers & Company
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Schools
Schools serving 1586 US-331
School District:Walton County School District
| Name | Grades | Distance |
|---|---|---|
West Defuniak Elementary School 815 Lincoln Avenue, DeFuniak Springs, FL 32435 | K-5 | 1.9 mi |
Maude Saunders Elementary School 416 John Baldwin Road, DeFuniak Springs, FL 32433 | K-5 | 3.4 mi |
Walton Middle School 605 Bruce Avenue, DeFuniak Springs, FL 32435 | 6-8 | 1.1 mi |
Walton High School 449 Walton Road, DeFuniak Springs, FL 32433 | 9-12 | 2.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1586 US-331
Date
Details
Price
Change
Source
7/21/2025
Price Reduced
$1,250,000
-10.07%
MLS
3/26/2025
Price Reduced
$1,390,000
-0.36%
MLS
8/26/2024
Price Reduced
$1,395,000
-26.39%
MLS
6/03/2024
Listed
$1,895,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1586 US-331
1586 Us-331, Defuniak Springs, FL 32435 (MLS# 951332) is a Commercial Land property with a lot size of 3 acres. 1586 Us-331 is currently listed for $1,250,000 and was received on June 03, 2024. Want to learn more about 1586 Us-331? Do you have questions about finding other Commercial Land real estate for sale in Defuniak Springs? You can browse all Defuniak Springs real estate or contact a Coldwell Banker agent to request more information.

