$1,200,000
$1,399,000
14.2%For more information regarding the value of a property, please contact us for a free consultation.
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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