Commercial Sale · Retail
0 South Drive, FL 32433, FL, 32433
Active75 days on marketListed May 21, 2026MLS #B26031484
About this property
The property at a glance
An exceptional opportunity to acquire a ±0.27-acre (±11,761 SF) vacant commercial outparcel situated along the primary retail corridor of South US Highway 331 in DeFuniak Springs, Walton County, Florida. This pad ready site is ideally positioned within an established neighborhood shopping center anchored by Dollar General, Dollar Tree, T-Mobile, and Pizza Hut. Additionally, it sits within immediate proximity to both Walmart and Aldi. The parcel carries a flexible dual zoning designation permitting all uses allowed under both C-1 (Corridor Commercial) and C-2 (General Commercial) classifications, including the right to establish a drive through operation. This combination of broad permitted uses, a highly trafficked US Highway 331 address creates a compelling opportunity.
0
Building sq ft
0.27
Lot acres
1985
Year built
C-2
Zoning
Retail
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$1,959/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Chad to connect you with a commercial lender for real numbers.
Your team
The pros in your corner
Your agent
Chad Creech
President, Commercial and Development Services · CENTURY 21 Edge
Tours, offers, and every question about 0 South Drive — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 0 South Drive.
See it in person
Schedule a tour
Live availability from Chad's calendar — pick a time and it's booked.
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