Date
Details
Price
Change
Source
3/18/2026
Listed
$898,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$898,500
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Property Description
22 Acres on Hwy 331S just south of the new North Walton Doctors Hospital in DeFuniak Springs, FL. Zoning and FLU is Estate Residential. Seller says that Walton County planning and zoning indicated changing the use to commercial was a distinct possibility, as abutting property to the south is commercial and across Hwy 331 is Industrial. Of course, do your due diligence to verify anything that is of importance. Appears to be high and dry on GIS map except for a small pond at the rear/far east side. Water/Sewer availability: it runs as far as Healthmark, appx 3800ft to the north. Annual Average Daily Traffic count of 22,400+ according to FDOT. Walton Co is one of the fastest growing counties in FL and in the nation. This is a prime opportunity to move your business to this thriving area.
Full Property Details
Full Property Details for 5207 S US Hwy 331
General
- Price: $898,500
- Status: Active
- Type: Commercial Residential Facility
- Source: Emerald_Coast
- MLS ID: 998316
- Updated: 4/13/2026
- Added to Site: 75 day(s) ago
Location
- Area: 23 - North Walton County
- County: Walton
- Driving Directions: Just north of Indian Creek Ranch Rd. on 331S, south of DeFuniak. On east side of the road.
Lot Features
- Lot Size (Acres): 22.24
- Lot Size (Sq. Ft.): 968,774.4
- Lot Dimensions: 89 x 89 x 154 x 2142 x 635 x 960 x 388 x 1261
- Zoning: Estate Res
Water Features
- Water Front: Yes
- Water Front Type: Pond
Disclosures and Reports
- Legal Description: See deed
- APN: 23-2N-19-18000-020-0010
- Property ID: 23-2N-19-18000-020-0010
Listed by Kim & Company
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Listing agent
— 5207 S US Hwy 331 —
Kim & Company
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Schools
Schools serving 5207 S US Hwy 331
School District:Walton County School District
| Name | Grades | Distance |
|---|---|---|
West Defuniak Elementary School 815 Lincoln Avenue, DeFuniak Springs, FL 32435 | K-5 | 5.4 mi |
Maude Saunders Elementary School 416 John Baldwin Road, DeFuniak Springs, FL 32433 | K-5 | 6.9 mi |
Walton Middle School 605 Bruce Avenue, DeFuniak Springs, FL 32435 | 6-8 | 4.4 mi |
Walton High School 449 Walton Road, DeFuniak Springs, FL 32433 | 9-12 | 6.2 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 5207 S US Hwy 331
Tax History
Tax History for 5207 S US Hwy 331
Year
Property Taxes
Change
Tax Assessment
Change
2024
$82
—
$20,567
110%
2024
$82
—
$9,807
—
2023
$82
-9%
$9,807
-7%
2022
$90
5%
$10,589
11%
2021
$86
6%
$9,567
11%
2019
$81
-46%
$8,632
8%
2018
$149
-50%
$8,022
-50%
2017
$298
-1%
$16,027
—
2016
$300
-1%
$16,027
—
2015
$302
32%
$16,027
1%
2014
$229
—
$15,926
—
2013
$228
—
$15,968
—
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 5207 S US Hwy 331
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- Single Family
- Active
- Updated 3 days ago
- 2Beds
- 2Total Baths
- 2,052Sq. Ft.
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- Single Family
- Active
- Updated 5 days ago
- 3Beds
- 2Total Baths
- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 3Total Baths
- 1,467Sq. Ft.
Listed by Jeannette LaPrade (605) 415-0537
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5207 S US Highway 331, Defuniak Springs, FL 32435 (MLS# 998316) is a Commercial Residential Facility property. 5207 S US Highway 331 is currently listed for $898,500 and was received on March 18, 2026. Want to learn more about 5207 S US Highway 331? Do you have questions about finding other Commercial Residential Facility 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.