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Listed price in listed location currency (USD).
$649,000

000

MLS® 991281

  • Key Facts
  • Description
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Key Facts

Type Other
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes 
Days Active 1
Approx. Age 
MLS® Number 991281

Property Address: 873 Us Highway 331 S, Defuniak Springs, FL, 32435-3371

Average square foot calculated using Size range provided by listing agent.

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. 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
MLS® Number991281
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 15, 2025List Date
$649,000List Price
  • Commute

Commute

Starting Address
Destination Address
873 Us Highway 331 S, Defuniak Springs, FL

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