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Harrison Lilly Team

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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5207 S Us Highway 331 , DeFuniak Springs, FL 32435
$898,500
Est. Payment: $4,964.08/mo
22.24 Acres
Status: Active | Days on site: 203
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EKCO - E3578
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Harrison Lilly Team, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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Harrison Lilly Team
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House 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.
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Highlights

Listed by Kim E Wennerberg , 850-635-1801 Kim & Company , 850-635-1801. Emerald Coast Multiple Listing Services

Property Type

Commercial Sale
Lot/Acreage
22.24

County

Walton

Area

23 - North Walton County

Listing ID

998316

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Interior Features

Exterior Features

Lot:Pond
Lot Dimensions:89x89x154x2142x635x960x388x1261
Zoning:Estate Res
Principal Interest
$4,964
Taxes
$573

Home Price

$898,500

Loan Details

30 yrs
7.374%

Down Payment

20%
$179,700
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,964.08

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,964.08 $572.79 $0.00 $5,536.88
Yearly $59,569.00 $6,873.53 $0.00 $66,442.52
Total $1,787,069.91 $206,205.75 $0.00 $1,993,275.66

Today's Rates

30 Year

7.37%

20 Year

7.27%

15 Year

6.8%

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Market insight data is pulled from the same city as the listing being viewed (DeFuniak Springs, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Emerald Coast Multiple Listing Services, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-07T06:31:40.000Z

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