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873 US HWY 331, DeFuniak Springs, FL 32435

New Listing
$649,000
Property Type: Commercial for Sale Status: Active
Current Price: $649,000 List Date: 12/15/2025 Last Modified: 12/15/2025

Description

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 a new roof and 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.

Supplements: 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

More Information MLS# 991281

Contract Info

GCCMLS Number: 99999999 Listing Board: Emerald Coast List Date: 2025-12-15 List Price: $649,000

Location, Tax and Legal

Sub Area: 2312 - DeFuniak S. W. Property Name: H&R BLK BLDG Legal Description: Resurvey of lots 6,7,8,9, run N 65 ft, run N 89 Deg, see deed book/page for full legal description 3145/4706

General Property Info

Listed on GCCMLS: No Vacant: No Immediate Occupancy: No Zoning: Commercial Lot Frontage: 80

Listing Info, Tax & Legal

As Is: Yes

Remarks & Misc

Remarks: 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 a new roof and 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.

Class

Land: 1 Office: 1 Other: 1

Construction Status

Existing: 1

Land

Property Type: Commercial

Office

Building SqFt: 1300 Actual Gross Income: 2000 # of Units: 1

Other

# of Units: 1

None

Current Price: $649,000

Status Change Info

Status: Active

Location Tax and Legal

Area: 23 - North Walton County Street #: 873 Street Name: US HWY 331 State: FL Zip Code: 32435 County: Walton Parcel ID: 25-3N-19-19330-000-0061

Property Features

Class: Land; Office; Other Construction Status: Existing
Listing Office: Brannon Real Estate Services
Last Updated: December - 15 - 2025
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.

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