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Wildwood Lakes Phase III - Wildwood Lakes Phase III 16 Shovel Ready Lots
16 Acres of Residential Land Offered at $1,245,209 CAD in Defuniak Springs, FL 32435
Investment Highlights
- Wildwood Lakes Phase III offers a fully approved residential development of 16 single-family homes in an up-and-coming market of Northwest Florida.
- Prime position 1 mile off US 90 and just 15 minutes from US 331 and I-10, able to reach Destin and Fort Walton in less than an hour.
- National retailers within 10 miles include Walgreens, Walmart Supercenter, Winn-Dixie, Starbucks, Chick-fil-A, Lowe's, and many more.
- Rare shovel-ready development with all lots cleared and filled and an existing paved road with a cul-de-sac.
- Single-family homes make up 74% of all inventory within 10 miles of the development, exemplifying booming demand for the asset class.
Executive Summary
Property Facts
Price | $1,245,209 CAD | Property Type | Land |
Sale Type | Investment | Property Subtype | Residential |
No. Lots | 1 | Total Lot Size | 16.00 AC |
Price | $1,245,209 CAD |
Sale Type | Investment |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Residential |
Total Lot Size | 16.00 AC |
1 Lot Available
Lot 16
Price | $1,245,209 CAD | Lot Size | 16.00 AC |
Price Per AC | $77,826 CAD |
Price | $1,245,209 CAD |
Price Per AC | $77,826 CAD |
Lot Size | 16.00 AC |
Description
This easily accessible development sits 1 mile off US 90 and is just 15 minutes from both US 331 and Interstate 10. These nearby connections will place employment and recreation hubs at residents’ fingertips, with Destin and Fort Walton Beach less than an hour away and Tallahassee, Mobile, and Panama City reachable in less than two hours. Wildwood Lakes Phase III will attract residents looking to enjoy all that Northwestern Florida has to offer. The area is rich with natural foliage dotted by clear cold-water springs and bounded by sparkling white sand beaches, providing endless opportunities for outdoor recreation. The Eagle Springs Golf and Recreation Park is approximately 5 miles away and quickly accessible via US 90. The area also provides abundant high-quality shopping and dining options. National retailers, including Walmart Supercenter, Winn-Dixie, Lowe’s, Walgreens, Tractor Supply Co., Starbucks, Chick-fil-A, Taco Bell, and many more, are located within just 10 miles. The Wildwood Lakes Development is perfectly poised to capture growing local housing demand. The population within 10 miles of the property exceeds 28,000 and has increased by 3.1% on average each year since 2010. Single-family homes make up 74% of all housing in this area, solidifying this as the perfect opportunity to deliver a needed new supply to the booming population.
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $0 CAD | |
Land Assessment | $500,937 CAD | Total Assessment | $577,985 CAD |
PROPERTY TAXES
zoning
Zoning Code | CR (Conservation Residential- Single family) |
CR (Conservation Residential- Single family) |
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Wildwood Lakes Phase III - Wildwood Lakes Phase III 16 Shovel Ready Lots
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