UNIQUE INVESTMENT OPPORTUNITY WITH ENDLESS POSSIBILITIES! Discover the potential of this 8.5+ acre corner property offering approximately 681 feet of Highway 83 frontage and approximately 560 feet on Joe Anderson Rd. with entrances from HWY 83 and from Joe Anderson Rd. in growing DeFuniak Springs. The property features a 30' x 40' three-car garage that has been converted into a studio-style living space/man cave with two bunk rooms, one bathroom, and an efficiency kitchen. The owner currently occupies this space, providing an opportunity for on-site living while planning the property's next chapter. Measurements in the MLS are for this building. Also included is an impressive 91' x 41' unfinished barndominium, with 2 large loft areas, ready for a new owner to bring their vision to life. Exterior and supporting walls were built with 2x6 construction and Hardy plank exterior with a metal roof. Rough end plumbing for bathrooms and kitchen are in place and some electrical has been installed. Finish it as a spacious residence with plenty of surrounding acreage, or explore the property's potential for future development. Owner currently uses this for storage and is working on cleaning it out, AI was faster, pictures include both as is right now and virtually cleaned out by AI. The property is currently zoned for residential development. According to the owner, preliminary approval has been obtained from Walton County to subdivide a portion from the rear of the property that he would like to keep, and pursue rezoning the 8+ acres of the Highway 83 frontage for commercial or mixed-use commercial development. Located in DeFuniak Springs, an area experiencing significant growth and surrounded by numerous lakes and outdoor recreational opportunities, this property is positioned along a major north-south corridor with approximately 681 feet of Highway 83 frontage. With continued growth in the area and discussion of potential future improvements or expansion along Highway 83, this location could offer exciting long-term possibilities. Buyers should independently verify any proposed roadway projects, improvements, or expansion plans with the appropriate governmental agencies. With substantial highway frontage, 8.5+ acres, existing improvements, and potential for residential and/or commercial development, this property offers a rare opportunity for an investor, developer, business owner, or buyer looking for a unique live/work property. Possible concepts may include residential development, multifamily, RV-related use, lodging, clubhouse or commercial uses, subject to Walton County zoning, permitting, subdivision, density, and other applicable approvals. A true diamond in the rough with the acreage, highway frontage, and flexibility to create something special. Opportunities like this are becoming harder to find as DeFuniak Springs continues to grow. Bring your vision, explore the possibilities, and position yourself for the future. Schedule your private showing today and come see firsthand everything this unique Highway 83 property has to offer!

Listing courtesy of Cokie K Tyler of LoKation



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Last checked: 2026-09-10 10:33 AM UTC