Great Investment Opportunity near Florida's Emerald Coast! This buildable lot is located in the rolling hills of Northwest Florida, minutes from the beach and other fun locations! The lot lies in Oakwood Lakes Estates Subdivision just 5 miles west of DeFuniak Springs. In 2019, the MSN.com Insider Online named the city as the best small town in Florida.

This lot is located at the northwest end of Michaelangelo Rd. W with 48' or so of road frontage. The area is gentle, rolling, wooded hills.

Michaelangelo Rd. W is one mile off of State Hwy 90 which intersects with US Hwy 331 at DeFuniak Springs. Elevation in the area is 212 ft., Most of it is in flood zone "X" which is dry. The very back of the lot is in flood zone "A" which is wet. See photos for detail. The Town of Destin lies 38 miles southwest on the gulf. Panama City Beach lies 65 miles southeast on the gulf. Seaside is 41 miles due south.

From the Destin Commons shopping center in Destin, to the World's Most Beautiful Beaches in Panama City Beach and the European atmosphere of Seaside, this is an idea place to call home. If you are really interested, don't wait too long!

Oakwood Lakes Estates is next to Defuniak Springs, Alpine Heights, Mossy Head, North of Fort Walton Beach and Destin Beach in the Panhandle of Florida off Hwy 90.

Parcel ID: 19-3N-19-19768-00Q-0060
Acres: .63
County: Walton
Access: Dirt Road
Road Name: Michaelangelo Rd. W
City: Defuniak Springs, FL
Zip Code: 32433
Neighborhood: Oakwood Lakes Estates
Zoning: Vacant Residential (Site built, mobiles or modulars)
Legal Description: Lot 6, Block Q, Oakwood Lakes Estates, Unit 7 of Oakwood Hills, a subdivision recorded in Plat Book 5, Page 9-9F of the Public Records of Walton County, Florida.

Schools:
Mossy Head Elementary School
Walton Middle School
Walton High School

Electricity/Power - Chelco Electric
Water - Defuniak Springs Water
Waste - Septic System
Telephone - BellSouth
Cable - Cox Communications

Annual Taxes: ~$65/yr.

Google Maps link:
Walton County parcel map:

Building setbacks on this property are:
20' front
15' rear
7.5 sides

RV's are allowed as long as there is a active building permit.

Cash price: $7250

I can finance it for you if needed with terms such as:

- 6 months same as cash.
- 18 month term: $430 a month
- 36 month term: $243 a month
- 60 month term: $162 a month

Just get with me and we will figure out what fits your budget and how it works if you've never done it before. Everyone qualifies!