36 Wabash Avenue, DeFuniak Springs, FL 32433
TOWN OF DEFUNIAK SPRINGS · Walton County
Key Facts
Description
This 1.33-acre vacant land parcel in the City of DeFuniak Springs presents a versatile residential development opportunity. Zoned R2, the property allows for a range of residential uses including single-family homes, duplexes, townhomes, and multifamily dwellings with a potential density of up to 16 units per acre. The site offers flexibility for builders, investors, or those seeking to subdivide and develop multiple residential lots. Additional permitted uses include professional offices, nursery schools, and certain institutional uses, with other possibilities available through special approval. Located within city limits, the property provides convenient access to local schools, shopping, and everyday amenities while maintaining the quiet character and natural surroundings that make DeFuniak Springs appealing. The combination of acreage, zoning flexibility, and location creates strong potential for both residential development and long-term investment. Reach out today for more information.
Property Information
Property Type
Land
Sub-Type
Unimproved Land
Lot Size
1.33 acres
Lot Dimensions
N/A
Zoning
Resid Multi-Family, Resid
MLS® Listing#
997485
Property Features
Utilities
Water Source
Schools
- Elementary:
- West Defuniak
- Middle:
- Walton
- High:
- Walton
Financial Details
Annual Taxes
$412
Tax year 2025
Parcel Number
25-3N-19-19070-001-8122
Directions
From I-10 take South 331 North Turn Left on Highway 90,Turn right on North 20th Street, Turn right onto Wabash Ave.
Affordability Calculator
$20,000
Estimated monthly payment
$532/mo
Principal $80,000 · Est. interest $111,607 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in DeFuniak Springs, FL
- $359,436
- Median Listing Price
- 86
- Median Days on Market
- 1,621
- Median Sq Ft
- $225
- Median Price / Sq Ft
- 3,525
- Active Listings
- This home’s price is 72% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in DeFuniak Springs, FL.
Location
- 36 Wabash Avenue, DeFuniak Springs, FL 32433
Points of Interest in DeFuniak Springs, FL
Showing the DeFuniak Springs area map.
Nearby Schools
Emerald Coast Technical College
Secondary School · 0.4 mi away
West Defuniak Elementary School
Elementary · 0.9 mi away
Walton High School
Secondary · 1.0 mi away
Walton Middle School
Elementary · 1.0 mi away
Walton Initiative for Success in Education (Wise)
School · 1.0 mi away
Walton Middle School
Secondary · 1.2 mi away
Maude Saunders Elementary School
Elementary · 1.5 mi away
Walton Education Foundation
Secondary · 1.5 mi away
Freeport High School
Secondary · 1.5 mi away
Walton Academy
School · 1.7 mi away
Cornerstone Church of Defuniak Springs
School · 1.8 mi away
Galilean Academy
School · 2.9 mi away
Ponce de Leon Elementary School
Elementary · 9.6 mi away
Ponce de Leon High School
Secondary · 9.8 mi away
Mossy Head School
Elementary · 12.4 mi away
Freeport High School
Secondary · 12.7 mi away
Freeport Elementary School
Elementary · 15.1 mi away
Freeport Middle School
Secondary · 15.6 mi away
Tri-County Community Council
School · 16.1 mi away
Paxton School
School · 20.2 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| TBD Bruce Avenue, DeFuniak Springs, FL | $70,000 | — | — | — |
| 300 Village Green Circle S 302, Palm Springs, FL | $70,000 | 1 | 2 | 764 |
| 253 Argyle Church Road, DeFuniak Springs, FL | $70,000 | — | 2 | 1,400 |
| 2875 NE 102ND AVENUE ROAD, SILVER SPRINGS, FL | $70,000 | — | — | — |
| 9469 W Atlantic Boulevard, Coral Springs, FL | $70,000 | — | — | 1,702 |
| 770 Lori Drive 245, Palm Springs, FL | $70,000 | 1 | 2 | 901 |
Moving Cost Estimate
EXIT Agents in DeFuniak Springs
Listing Courtesy: Compass - 8502969769