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$107,500 Just Listed
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Property Description
4.23 acres, private homesite already carved out under gorgeous mature oaks, and you can't see it from the road. Follow the drive back to a level, park-like clearing ready for your build. Temporary power pole is in place. Existing well present but not warranted; city water available at the road with tap fees due. Rural Village zoning allows manufactured homes and up to TWO UNITS PER ACRE, perfect for homestead plans, multi-generational living, or income potential. Quiet country feel just 5 minutes north of downtown DeFuniak Springs. Bring the plans, the animals, or the family - or all three!
Full Property Details
Full Property Details for 505 Martin Rd
General
- Price: $107,500
- Taxes: $356 (2025)
- Status: Active
- Type: Vacant Land
- Source: Emerald_Coast
- MLS ID: 995726
- Updated: 2/19/2026
- Added to Site: 2 day(s) ago
Location
- Area: 23 - North Walton County
- County: Walton
- Subdivision: Metes & Bounds
- Driving Directions: Starting on Hwy 331 N, turn left onto Martin Rd. Continue straight passing Jim Cotton Dr. Property will be on the left.
School Information
- Elementary School: Maude Saunders
- Middle School: Walton
- High School: Walton
Utilities
- Utility Description: Electric, Private Well, Tap Fee Due
Lot Features
- Lot Size (Acres): 4.23
- Lot Dimensions: 750 x 240 x 729 x 246
- Lot Features: Cleared, Level, Within 1/2 Mile to Water, Wooded
- Zoning: County, Mobile Home, Resid Multi-Family
Financial Considerations
- Price Per Acre: $25,413
- Tax Amount: $356
- Tax Year: 2025
- Terms: Conventional
Disclosures and Reports
- Legal Description: See deed
- APN: 07-3N-19-19780-000-0380
Listed by Kim & Company
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Schools
Schools serving 505 Martin Rd
School District:Walton County School District
| Name | Grades | Distance |
|---|---|---|
Mossy Head School 13270 U.S. 90, DeFuniak Springs, FL 32433 | PK-5 | 10.1 mi |
Walton Middle School 605 Bruce Avenue, DeFuniak Springs, FL 32435 | 6-8 | 5.1 mi |
Walton High School 449 Walton Road, DeFuniak Springs, FL 32433 | 9-12 | 3.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 505 Martin Rd
Date
Details
Price
Change
Source
2/19/2026
Listed
$107,500
514.29%
MLS
9/28/2020
Sold
$17,500
—
Public Record
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 505 Martin Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$360
-4%
$34,105
-5%
2023
$375
-20%
$36,088
-18%
2021
$469
14%
$44,056
12%
2022
$411
-12%
$39,351
6%
2021
$469
15%
$37,001
2%
2019
$407
—
$36,209
—
2018
$408
—
$36,126
—
2017
$410
-1%
$36,126
—
2016
$413
-1%
$36,126
—
2015
$419
-1%
$36,126
—
2014
$424
12%
$36,126
—
2013
$377
—
$36,126
—
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 505 Martin Rd
505 Martin Road, Defuniak Springs, FL 32433 (MLS# 995726) is a Vacant Land property with a lot size of 4.23 acres. 505 Martin Road is currently listed for $107,500 and was received on February 19, 2026. Want to learn more about 505 Martin Road? Do you have questions about finding other Vacant 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.

