Defuniak Springs, FL 32435,1317 S Us Highway 331
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Defuniak Springs, FL 32435,1317 S Us Highway 331
Defuniak Springs, FL 32435,1317 S Us Highway 331
Defuniak Springs, FL 32435,1317 S Us Highway 331
Defuniak Springs, FL 32435,1317 S Us Highway 331

$1,200,000

Est. payment /mo

$1,399,000

14.2%
Est.Price: ?

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1317 S Us Highway 331 Defuniak Springs, FL 32435

5,096 SqFt

SOLD DATE : 07/15/2024

Key Details

Sold Price $1,200,000

Property Type Single Family Home

Sub Type Other (See Remarks)

Listing Status Sold

Purchase Type For Sale

Square Footage 5,096 sqft

Price per Sqft $235

MLS Listing ID 925870

Sold Date 07/15/24

Year Built 1987

Lot Size 3.790 Acres

Acres 3.79

Property Description

Incredible income-producing property on 3.79 acres with 160 front feet on Hwy 331S just 2/3 mile north of I-10. Currently leased to LaRumba's Restaurant. DeFuniak Springs is growing with the newest additions of Starbucks, Chick-fil-A, Bay Springs development and the upcoming development at the NW corner of I-10 and 331S. Building total SF is 6368sf with 5096sf heated & cooled. There are 2 large dining rooms, bar area, plus a huge almost 1100sf covered patio area for outside dining. There is a large kitchen and prep room; . Kitchen equipment does not convey. Tenant is in a month to month lease currently. Owner will consider financing with appx 20% down and negotiable terms. This is one of only two commercial properties available on Hwy 331S currently with monthly income.

Location

State FL

County Walton

Area 23 - North Walton County

Zoning C-2

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Listed by Kim & Company
Bought with Compass

Candi & Brad

Real Estate Advisors | License ID: SL3434249 & SL3156311

+1(850) 919-2299

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