The ACRES

$5,655,000
New Listing

Property Details

ID: 89674
External ID/MLS: --/984869
Status: New Listing
Price: $5,655,000
Acres: 59.73
Address: US-90
City, State: Defuniak Springs, Florida
County: Walton
Zip Code: 32435
Presented By: Tina Marsh

Description

 DEVELOPMENT ORDER IN HAND. This is an opportunity to purchase 87 finished lots / pad ready. There are other options to purchase all 87 lots as paper lots MLS 984870. There are 2 other options to purchase finished lots: 1 to 9 lots @ $72,500 per lot or in increments of 10 at $68K per lot. The proposed new development is 5 minutes west of DeFuniak Springs on Hwy 90, consisting of 87 detached single family residential homes on approx 59.73 acres. Septic will be used / permitted for each lot. Public water. The development will have 2 driveway connections to Hwy 90. Zoned Rural Village, Flood Zone X. According to wetland study on the total 64.61 acres (study done before commercial property split), .35 acres is wetland, located on the eastern boundary of the lot.

Directions:  From 331 North and US 90 in DeFuniak, Take Hwy 90 West about 5 miles property is on the right just before King Lake Rd.

Showing Instructions: Call Listing agent, Tina Marsh 850-974-5016 for appointment 

Additional Details

Additional Info

Road Type: Paved

Financial

Taxes (annually): $1,621
Tax Year: 2024
Legal Description:

COM NW/C SEC 24-3N-20, S 01 DEG 11'11W 1461.50 FT, W N 89 DEG 13'56''E 1276.33 FT FOR A POB; N 89 DEG 13'56''E 1345.83 FT, N 89 DEG 27'48''E 655.14 FT, S 01 DEG 38'41''W 1483.92 FT TO A PT ON THE N ROW OF US HWY 90, ALG SAID ROW N 77 DEG 18'21''W 2032.08 FT, N 01 DEG 22'07''E 1012.89 FT TO THE POB. OR 3328-4233 OR 3329-2351 OR 3329-3329

Property is being sold 'As-Is'. Lot size and dimensions should be verified by Buyer at Buyer's expense. Buyer/Buyer's Agent should verify existence/feasibility of access to utilities in the area. Seller is a builder and we have this listed 3 times for each scenario the seller is willing to consider

Tina Marsh
Tina Marsh
Realtor

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