59 Nina Street
Defuniak Springs, FL, 32433 $ 5,500,000
Bedrooms3 Baths2.0 Sq 1,140 Monthly Estimate*
$ 34,313
for $5,500,000 with 3 bedrooms and 2 full baths. This 1,140 square foot home was built in 1986 on a lot size of 0.98.
Discover a rare, high-exposure mixed-use property located at 59 Nina Street in DeFuniak Springs, Florida—an almost one-acre (.98 acre) parcel zoned for both residential and commercial use. This offering is unlike anything currently on the market in the region: it features an existing 3-bedroom, 2-bath double-wide mobile home, a dedicated office building, and a sizeable pole-barn/garage structure with ample room for expansion or storage. Room dimmensions are approximate and must be verified by the buyer. Positioned to benefit from highway traffic and tourist flow en route to the Gulf Coast: DeFuniak Springs sits at the junction of major east-west and north-south corridors including U.S.Route 331 Florida State Road 83 (which leads directly south to Santa Rosa Beach and the Emerald Coast) and U.S. Route 90. The location captures both local commercial activity and visitor traffic bound for Florida’s beaches. Comparable parcels in the immediate area report traffic counts of approximately 22,982 vehicles per day. With direct highway frontage and dual zoning, this asset is uniquely positioned to grab attention from passing motorists and traveling tourists alike. With commercial zoning in place, the property can be leveraged for a wide array of business models (e.g., professional offices, service/repair facility, storage rental, retail showroom, hospitality-adjacent), while the residential component provides occupancy flexibility or supplemental cash flow. DeFuniak Springs serves as a gateway point to the Gulf Coast and the larger Northwest Florida tourism market. The north-south US 331/SR 83 axis carries traffic from inland and interstate corridors toward beach destinations, and the ongoing improvements in the transportation infrastructure only enhance accessibility. For example, the Florida DOT has announced a $10.6 million resurfacing and intersection improvement project on Highway 331 from south of I-10 up to US 90 in DeFuniak Springs (scheduled through late 2025). Very few parcels offer nearly one acre of land with existing structures, commercial zoning, and frontage on a high-traffic highway corridor leading directly to a major tourist destination. This scarcity supports positioning this listing as a flagship asset for an investor or enterprise looking for elevated visibility, multiple income streams and strong future upside. For the discerning investor or owner-operator, 59 Nina St. offers a broad range of strategic options: * Convert the office building into a professional services hub (medical, legal, financial, wellness) leveraging highway visibility and ease of access. The office was origionally built as a resturant and has all neccisary underground waste, water and utillity features already in place. * Use the pole barn/garage for vehicle service, equipment rental, storage units, fabrication or light manufacturing—activities that benefit from high frontage, easy ingress/egress and large clear span space. * Lease or occupy the 3/2 mobile home for on-site management, short-term accommodation, or as a guaranteed rental component. *Road-traveling tourists: host independent rental offices, equipment rental (kayaks, bikes, beach gear), or establish a service/retail business targeting the steady wave of visitors traveling south to the Emerald Coast. * Position for future redevelopment: with .97 acre and commercial zoning, potential exists to redevelop or expand—with the highway traffic counts and tourist gateway position providing a compelling value base. * The transportation improvements underway on US 331/SR 83 underscore the Florida DOT’s commitment to improving access to the Gulf Coast corridor, enhancing the future visibility and accessibility of this asset. * 59 Nina St., DeFuniak Springs is not simply a real estate offering—it’s an invitation to capitalize on location, infrastructure momentum, highway frontage and tourism-driven demand.
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FeaturesGeneralLiving Area 1140.0
Sewer SepticTank
Heating Central Electric Wood
Cooling CentralAir CeilingFans Electric
Appliances Dryer Dishwasher IceMaker Microwave Oven Washer
HOA Fee 0.0
Garage Spaces 3.0
Architectural Style OneStory Traditional
Security Features SecuritySystemLeased
Construction Materials VinylSiding
Year Built 1986
View None
Stories Count 1
Property Subtype ManufacturedHome
County Walton
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name N/a
Garage Y/N Y
Full Baths 2
Status Active
Directions North Highway 83.
High School OTHER COUNTY
City Defuniak Springs
Disclosures OwnerIsListingAgent
Senior Community Y/N N
MLS Area Other
Carport Y/N N
Listing Terms Cash Conventional
Elementary School OTHER COUNTY
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Body Type DoubleWide
Middle/Junior High School OTHER COUNTY
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Lot N/a
Property Sub Type Additional ManufacturedHome
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InteriorFlooring Carpet
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Total Bedrooms 3
Total Baths 2
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ExteriorFencing Partial
Parking Features ThreeCarGarage ParkingSpaces ThreeOrMoreSpaces
Spa N
Building Area Total 1140.0
Lot Size Acres 0.98
Private Pool N
Waterfront Y/N N
Road Frontage Type Easement
Crops Included Y/N N
Road Responsibility PrivateMaintainedRoad
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesList ByKeller Williams Town & CountryBroker
Affordability Calculator
- Monthly Principal & Interest
- $34,313
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Defuniak Springs, FL
Average List Price $2,932,500
Percent of Sale Price 47%
About Defuniak Springs, FL 5,426 Population
11% Since 2002
$ 30,201 Median Income
39.57 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
418852 Elementary School
418923 Middle School
Other County High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/30/2025 | $5,500,000 | | Listed Price |