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$208,000
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Property Description
This home offers flexibility you just don't find every day, especially in the historic district. This 2,160 SF, two-story home has a proven layout for multi-use living, income potential, or both. With 4 bedrooms and 2.5 baths, the home is currently configured as two separate living spaces. Downstairs is 3 beds/2 bath, and upstairs is a 1 Bed/1 Bath (with 5th bed potential), plus a 2nd kitchen. Live on one level and rent the other, create a multi-generational setup, or explore a duplex conversion and rent both floors. The home sits on a generous 1/3-acre lot with a fenced backyard,. It's just minutes to downtown DeFuniak Springs, Lake DeFuniak, Walton Middle, and quick access to Hwy 331 South. there's room to expand - there is the possibility for a small additional home to be built at the back of the property with its own private entrance, creating the potential for three separate rental opportunities (buyer to verify). The fenced backyard adds privacy and flexibility. This is not a teardown, and it's not pretending to be fully renovated either. The important pieces are in place, including a new water heater, a roof approximately 10 years old, and electrical and plumbing updates completed over time. While the home does need cosmetic updates, features like the original craftsman stone lends authentic charm. Window units are used throughout, and the property has a history of an upstairs rental. This is a chance to buy into the historic district with multiple exit strategies, and without paying finished-home pricing. If you're looking for charm, potential, and a property that can evolve with your plans, this one is worth a closer look.
Full Property Details
Full Property Details for 361 Park Ave
General
- Price: $208,000
- Taxes: $30 (2025)
- Status: Active
- Type: Single Family
- Source: Emerald_Coast
- MLS ID: 994137
- Updated: 5/12/2026
- Added to Site: 45 day(s) ago
Interior
- Number of Rooms: 12
- Interior Features: Built-In Bookcases, Pantry, Shelving, Wallpaper, Walls Paneled, Washer/Dryer Hookup
- Appliances: Refrigerator, Stove/Oven Gas, Water Heater - Elect
- Flooring: Floor Vinyl, Floor WW Carpet
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Exterior
- Exterior Features: Balcony, Fenced Back Yard, Separate Living Area
- Porch/Patio/Deck: Deck Open, Porch
Location
- Area: 23 - North Walton County
- County: Walton
- Subdivision: TOWN OF DEFUNIAK SPRINGS
- Driving Directions: From US-331 N, take Park Ave. Continue straight until you reach the property. Home will be on the left hand side.
School Information
- Elementary School: West Defuniak
- Middle School: Walton
- High School: Walton
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall/Window Unit(s), Ceiling Fans
- Heating Type: Heat - Wall/Window
- Heating/Cooling: Heat - Wall/Window, Wall/Window Unit(s), Ceiling Fans
Utilities
- Sewer: Public Sewer
- Utility Description: Electric, Gas - Natural, Public Water
Structural Information
- Architectural Style: Craftsman Style
- Construction: Siding Wood
- Exterior Const.: Siding Wood
- Stories/Levels: 2
- Square Feet: 2,160
- Sq. Ft. Source: County PA Records
- Year Built: 1910
Lot Features
- Lot Size (Acres): 0.31
- Lot Size (Sq. Ft.): 13,503.6
- Lot Dimensions: 156 x 90 x 157 x 91
- Frontage: City Street
- Street/Road Desc.: Paved
- Lot Features: Level, Sidewalk, Within 1/2 Mile to Water
- Zoning: Historical, Resid Single Family
- Fencing (Description): Fenced Chain Link
Financial Considerations
- Tax Amount: $30.28
- Tax Year: 2025
Disclosures and Reports
- Legal Description: LOT 7 & LOT 8 LESS BLK 1 W 10 FT HEATHS S/D OR 44-429 3125-2552
- APN: 25-3N-19-19404-001-0070
- Property ID: 25-3N-19-19404-001-0070
Listed by Kim & Company
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Schools
Schools serving 361 Park Ave
School District:Walton County School District
| Name | Grades | Distance |
|---|---|---|
West Defuniak Elementary School 815 Lincoln Avenue, DeFuniak Springs, FL 32435 | K-5 | 1.5 mi |
Maude Saunders Elementary School 416 John Baldwin Road, DeFuniak Springs, FL 32433 | K-5 | 2.5 mi |
Walton Middle School 605 Bruce Avenue, DeFuniak Springs, FL 32435 | 6-8 | 0.3 mi |
Walton High School 449 Walton Road, DeFuniak Springs, FL 32433 | 9-12 | 1.8 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 361 Park Ave
Date
Details
Price
Change
Source
5/12/2026
Price Reduced
$208,000
-9.53%
MLS
4/13/2026
Price Reduced
$229,900
-7.63%
MLS
1/30/2026
Listed
$248,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 361 Park Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$20
—
$152,512
7%
2024
$20
122%
$142,928
9%
2023
$9
100%
$130,556
4%
2022
100%
$125,566
67%
2021
100%
$75,199
5%
2020
—
$71,768
—
Disclaimer: Historical tax 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 361 Park Ave
361 Park Avenue, Defuniak Springs, FL 32435 (MLS# 994137) is a Single Family property with 4 bedrooms, 2 full bathrooms and 1 partial bathroom. 361 Park Avenue is currently listed for $208,000 and was received on April 14, 2026. Want to learn more about 361 Park Avenue? Do you have questions about finding other Single Family 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.

