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Reduced! Bring offers! Outstanding opportunity to acquire a well-located, income-producing commercial property on South U.S. Highway 331 in DeFuniak Springs. This solid metal/brick building, constructed in 1991 and thoughtfully upgraded within the last year, offers both immediate cash flow and long-term potential.Situated on a 0.29-acre lot (just under one-third of an acre), the property features approximately 1,300 square feet of heated and cooled space. Recent improvements include all new interior upgrades, providing a refreshed, professional space with minimized near-term capital needs.The property is currently leased to a well-established accounting firm, providing consistent rental income. The tenant has been in place for many years, currently paying $2,000 per month. The existing lease runs through April 30, 2026, offering stable income with the flexibility to renegotiate or reposition the asset upon lease expiration.The property is ideal for investors seeking a solid income-producing asset in a high-traffic location, or for buyers considering future owner-occupancy once the current lease term concludes. With durable construction, recent improvements, and strong visibility on a key commercial corridor, this offering delivers both quality and value.
=Í Property Features & Highlights
873 S. US Highway 331, DeFuniak Springs, FL
Approx. 1,300 SF heated & cooled
0.29-acre lot
Solid block construction
New roof & interior upgrades (within last year)
Long-term tenant in place
$2,000/month current rent
Lease expires April 30, 2026
Excellent cash-flow opportunity with future flexibility

DeFuniak Springs

873 US HWY 331

None Beds

None Baths

N/A

$485,000

MLS#: 991281

Nestled in this quiet community, this charming home offers a spacious, open living area that's perfect for both everyday living and entertaining. With a roof and HVAC that are only two years old, you can enjoy added peace of mind while settling into your new home. The thoughtfully designed floor plan features a generously sized primary suite complete with a custom wood-shelved walk-in closet that combines style and functionality.
Situated on a spacious corner lot, this well-maintained home offers plenty of room to enjoy both inside and out, with NO HOA. The expansive yard provides endless possibilities for outdoor living, whether you envision a garden, play area, space for pets, or room to entertain. A dedicated RV electric hookup adds even more versatility, making it easy to accommodate your RV, camper, or visiting guests. Unwind on the screened back porch, the perfect spot to enjoy your morning coffee or relax after a long day while overlooking the backyard.
Conveniently located just minutes from Highway 20, you'll enjoy easy access to Freeport, Niceville, local shopping, dining, schools, and the beautiful Emerald Coast beaches. Whether you're searching for your first home, looking to downsize, or simply want a property with room to make your own, you'll appreciate the comfort, flexibility, and possibilities this home has to offer!

Freeport

120 Magnolia Landing Drive

3 Beds

2 Baths

1,136 Sq.Ft.

$302,500

MLS#: 1006695

#997954

Navarre

7429 Brevard Street

4 Beds

3 Baths

2,818 Sq.Ft.

$728,800

MLS#: 997954

Bring your dream home to life in the prestigious gated community of Wild Heron. This exceptional homesite includes complete, permit-ready building plans for a thoughtfully designed Coastal Craftsman residence, allowing you to skip months of design work and begin building sooner. Designed by respected architect J. Michael Hunicutt, this custom home offers approximately 3,027 square feet of heated living space with 3 br, 3.5 ba, a private den, spacious game room, and an oversized 2-car garage with a dedicated golf cart bay. Every detail has been carefully planned to create a home that is both elegant and functional.
The open-concept floor plan features a dramatic great room, gourmet kitchen with walk-in pantry, expansive dining area, and a luxurious primary suite complete with separate his-and-her walk-in closets and a spa-inspired bath. The outdoor living area is designed for entertaining with a screened pool, covered porch, and seamless indoor-outdoor flow. Situated within one of Northwest Florida's premier golf communities, Wild Heron offers an unmatched lifestyle centered around the acclaimed Sharks Tooth Golf Course, along with resort-style amenities including a clubhouse, fitness center, community pool, lakes, walking trails and access to Lake Powell. Located just minutes from Scenic Highway 30A, the beaches of the Emerald Coast, dining, and shopping, this is a rare opportunity to build a custom luxury home without the lengthy architectural design process.

Panama City Beach

1412 Turtleback Trail

None Beds

None Baths

0.39 acres

$270,000

MLS#: 1006755

Incredible opportunity in the heart of Gulf Place Town Center on HWY 30a. This beautiful unit sits overlooking 30a and the Gulf of America. Sit on your large balcony with an amazing view of the Emerald Waters of the Gulf and shimmering white sand. This studio unit has a large living/kitchen/dining area overlooking the Gulf. The unit features a large tiled shower, full bathroom and a queen size bedroom separated from the living area. Priced to move, this amazing unit has endless possibilities!!

Santa Rosa Beach

95 Laura Hamilton Boulevard 303

None Beds

1 Baths

512 Sq.Ft.

$419,900

MLS#: 1006717

DeFuniak Springs

75 W Fernwood Court

3 Beds

2 Baths

1,140 Sq.Ft.

$159,900

MLS#: 1006703

#1006712

Navarre

TBD Grand Navarre Lot 19

None Beds

None Baths

0.15 acres

$1,040,000

MLS#: 1006712

#1006669

Santa Rosa Beach

267 Bella Boulevard

3 Beds

2 Baths

1,672 Sq.Ft.

$475,000

MLS#: 1006669

Welcome to your future home in a peaceful country setting, offering the perfect blend of serene country living and modern convenience. This new build features: 3 bedrooms, 2 full bath, 2 car garage for a total under roof sq ft of 2036 Sq FT which is nestled on a .35 acre parcel. Why will you love it? Open-concept floor plan with natural light, Spacious kitchen perfect for entertaining, Primary suite with bathroom walk-in closet, stand alone tub, and shower, Covered front porch and a 14 x 12 back dock for relaxing country evenings, and Attached garage with attic access for ample storage.

DeFuniak Springs

559 W Michaelangelo Road

3 Beds

2 Baths

1,489 Sq.Ft.

$2,160

MLS#: 1006768

This gorgeous presale is the two-story Sycamore Plan. This home has 2450 sq ft of meticulously designed space with 4 bedrooms and 3 full baths! The primary bedroom and gorgeous en-suite bath are located upstairs along with 2 other bedrooms and another full bath. The laundry room is also upstairs making for ease and convenience! Downstairs you'll find a well-equipped kitchen with shaker cabinets, quartz countertops, gas stove and a large walk-in pantry. Durable LVP flooring throughout (with tile in the wet areas) too! Deer Moss Creek Community Clubhouse, now complete, offers a swimming pool, clubhouse, playground, basketball court just minutes away.

Niceville

727 Reindeer Road

4 Beds

3 Baths

2,475 Sq.Ft.

$665,000

MLS#: 993950

PET FRIENDLY! The Cali -- Single-Story Elegance in Owl's Head Farms
Step into refined comfort with the Cali, a stunning 4-bedroom, 2-bath single-story residence designed for effortless living and entertaining. Just beyond the entry, three generously sized guest bedrooms await, each offering ample closet space and sharing access to a beautifully appointed full bath -- the perfect arrangement for family or guests.
At the heart of the home, an open-concept kitchen and living area creates a seamless flow ideal for gathering. The chef-inspired kitchen showcases a sprawling island, gleaming granite countertops, and an oversized pantry -- a true centerpiece for everyday living and special occasions alike.
Tucked privately off the main living space, the Primary Suite offers a tranquil escape, complete with a spa-style bath featuring a separate soaking tub and an expansive walk-in closet. Throughout the home, premium EVP flooring lends a sophisticated, low-maintenance touch, with plush carpet adding warmth to the bedrooms. Every detail has been curated for comfort, from the granite countertops in the kitchen and baths to the home's seamless indoor flow.
Modern convenience meets peace of mind with a standard Smart Home Technology package, including a Kwikset keyless entry system, smart thermostat, and smart garage door -- keeping you connected and secure from the moment you arrive.

Freeport

289 W Gray Owl Drive

4 Beds

2 Baths

1,799 Sq.Ft.

$2,600

MLS#: 1006666

Located in the gated community of Bridgeport Colony, where you'll find mature landscaping and a community pool, this beautifully maintained home offers a rare combination of space, privacy, and convenience--just minutes from Eglin Air Force Base, Hurlburt Field, shopping, and the white-sand beaches of the Emerald Coast. Situated on a desirable corner lot, this 3-bedroom, 3-bath residence features generously sized bedrooms with ample closet space and a spacious, functional layout ideal for both everyday living and entertaining. The oversized primary suite includes a well-appointed bath with a walk-in shower and relaxing garden tub. Enjoy outdoor living with a fully fenced backyard and a covered patio, perfect for gatherings or quiet evenings at home. 2-car garage with Hurricane protection. A private water well with pump provides efficient irrigation for the property.
Major updates have already been completed, including a new roof in 2024, HVAC system in 2020, and water heater in 2023--making this home truly move-in ready.
With its prime location, thoughtful upgrades, and inviting neighborhood setting, this property is an exceptional opportunity in the heart of Fort Walton Beach.

Fort Walton Beach

388 Camden Pass Lane

3 Beds

3 Baths

2,486 Sq.Ft.

$570,000

MLS#: 1006693

Cleared HDMU Corner Lot - Development Opportunity in Escambia County

Prime 0.1056-acre corner lot zoned HDMU (High Density Mixed Use) in Escambia County. This cleared parcel offers excellent visibility, easy access, and flexibility for a variety of residential and mixed-use development opportunities.

HDMU zoning allows for a combination of residential and compatible commercial uses, making this property ideal for investors, builders, and developers seeking a versatile infill site. The lot is ready for development with no clearing required, helping reduce upfront site preparation costs. Not in a flood zone, no flood insurance required (X). SEPTIC NEEDED

Pensacola

100 W Ensley Street

None Beds

None Baths

0.11 acres

$19,500

MLS#: 1006132

Approx. 110± acres in Youngstown, FL—just a short drive to Panama City Beach and Deer Point Lake. Whether you're dreaming of a private homesite, a hunting getaway, or a place to ride side-by-sides and 4-wheelers, this property offers room to roam and endless potential. Don't miss this rare chance to own Panhandle acreage at an incredible price—finding something comparable at this price point is hard to beat!

Other

110+/- Acres HWY 20 Youngstown

None Beds

None Baths

110.0 acres

$394,900

MLS#: 991221

MOTIVATED SELLER!
Beautiful property near the bayou - ready to be built into your primary residence or summer getaway.
Please show/preview!

Freeport

Lot 9 E Bayou Forest Drive 20

None Beds

None Baths

0.56 acres

$230,000

MLS#: 1006752

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