$569,900
5 Parcels Hill StreetDeFuniak Springs, FL 32435
MLS# 943415
Status: Sold
1 / 14
Property Description
INVESTORS!!! PRIME for Development!!! All 5 parcels, within the City Limits of DeFuniak Springs FL, consist a total of approx. 27.48 acres on Hill St and 2nd street. This City is exploding and you can take part in this tremendous growth opportunity! Both City water/sewer are available along the right of way of south 2nd street. They are zoned the following: Parcels: â¢02-2N-19-18000-022-0010 - zoned R-1 â¢02-2N-19-18000-022-0030 - zoned R-1 â¢02-2N-19-18000-022-0040 - zoned R-1 â¢02-2N-19-18000-022-0020 - zoned WCD (Walton County Designated) â¢02-2N-19-18000-022-0050 - zoned WCD (Walton County Designated) The Walton County Designated property means when it was annexed into the City it retained it's Walton County designation on our Future Land Use map. That would need
Details
Maps
None
Current Price: 575000
Status Change Info
Status: Sold
Under Contract Date: 2024-03-08
Sold Date: 2024-04-22
Sold Price: 575000
Sold Price/Acre: 20924.31
Contract Info
List Date: 2024-02-28
List Price: 569900
Listing Board: Emerald Coast
List Price/Acre: 20738.72
Location, Tax and Legal
Street #: 5 Parcels
Street Name: Hill
Street Suffix: Street
Area: 23 - North Walton County
State: FL
Zip Code: 32435
County: Walton
Sub Area: 2313 - DeFuniak S.E.
Project Name/Subdivision: N/A
Parcel ID: 02-2N-19-18000-022-0030
Elementary School: Maude Saunders
Middle School: Walton
High School: Walton
Legal Description: See Attached Legal Description under Documents.
Parcel #1
02-2N-19-18000-022-0010
Parcel #2
02-2N-19-18000-022-0020
Parcel #3
02-2N-19-18000-022-0030
Parcel #4
02-2N-19-18000-022-0040
Parcel #5
02-2N-19-18000-022-0050
General Property Info
Sub-Type: Vacant Land
Mineral Rights: No
Acreage: 27.48
Listing Info, Tax & Legal
Who Paid Commissions: Seller
Who Paid Doc Stamps: Buyer
Who Paid Title: Buyer
Assessment Fees: No
Is Subject Leased: No
New Buyer Fee: No
Last Taxes: 321.34
Last Tax Year: 2023
Brokerage Interest: No Interest
As Is: Yes
Remarks & Misc
Remarks: INVESTORS!!! PRIME for Development!!! All 5 parcels, within the City Limits of DeFuniak Springs FL, consist a total of approx. 27.48 acres on Hill St and 2nd street. This City is exploding and you can take part in this tremendous growth opportunity!
Both City water/sewer are available along the right of way of south 2nd street.
They are zoned the following:
Parcels:
â¢02-2N-19-18000-022-0010 - zoned R-1
â¢02-2N-19-18000-022-0030 - zoned R-1
â¢02-2N-19-18000-022-0040 - zoned R-1
â¢02-2N-19-18000-022-0020 - zoned WCD (Walton County Designated)
â¢02-2N-19-18000-022-0050 - zoned WCD (Walton County Designated)
The Walton County Designated property means when it was annexed into the City it retained it's Walton County designation on our Future Land Use map. That would need
Office/Member Info
Single Agent Comp: 2
Single Agent Comp Type: %
Trans Broker Comp: 2
Trans Broker Comp Type: %
Non-Rep Comp: 2
Non-Rep Comp Type: %
Property Features
Lot Access: City Road; County Road; Paved Road
Lot Features: Corner; Irregular; Wetlands; Wooded
Zoning: County; Unrestricted
Utilities: Electric; Public Sewer; Public Water; Tap Fee Due
Financing: Conventional
Supplements
to be amended prior to any development of property. Upon completion of Annexation, then it can be further subdivided into smaller lots all must fit minimum sqft size designation per R-1 guidelines. In essence, one residence per parcel is allowed. Engineering will have to be involved to determine the number of lots this property would yield taking into account storm water, infrastructure, utility easements, etc.
These parcels are north of the beautiful community of Pine Shores. This is rolling land all almost entirely in Flood Zone X. There is a small section of wetlands.
Once developed, like Pine Shores, these parcels of land will offer many beautiful and highly sought after residential lots for potential builders.
This property is in a great proximity to town, schools, shopping, as well as the famous DeFuniak Springs Lake yard. Less than an hour away from the White Sandy Beaches of Florida's Emerald Gulf Coast. Immense fishing opportunities all around! Some of the best exist in King's Lake just a few minutes north. Growth is abounding with addition of Chic-fil-a, Starbucks, and so much more coming.
The city of DeFuniak is very short on residential housing and in desperate need of more affordable residential homes. The city is welcoming developers to invest and build here! They are looking to work with you!
**Please do not walk on this property without your real estate agent with you. The boundary lines can be confusing and we do not want folks to have trespassing issues with the neighbors.
Listing Office: Coldwell Banker Realty
Last Updated: April - 25 - 2024
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.
Saturday 4th of May 2024 11:08 PM
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