125 State Highway 83 N, Defuniak Springs, FL 32433
$50,000 ~ Sold for $38,000
In celebration of National Historic Month, OHU50K is featuring this c.1918 fixer upper. We showcase it not so much for any architectural history or outstanding features, but because it is in De Funiak Springs, Florida.
The small city of De Funiak Springs, voted the Best Small Town in Florida in 2019, centers around its circular lake. With a population of about 6,000 resident, it is a close-knit community located about an hour’s drive north of the beaches of Pensacola.
Although our home today is a simple bungalow, De Funiak Springs is known for its historic Victorian homes. You will see turrets, sleeping porches, classic fluted columns, gingerbread fretwork and wrap-around porches on the fabulous houses that rest on Circle Drive, the heart of DeFuniak Springs. Our featured bungalow is in walking distance to Circle Drive.
In April 2020, the median list price of homes in the city was $169.9K, trending up 3.3% year-over-year, and the median sales price was $148K. The median listing price per square foot was $117. This is one of the three cheapest homes on the market currently in De Funiak Springs. If the price can be negotiated some, the house is a small enough project in a gem of a city and might be a good investment.
Great Fixer-Upper.- This home heart of DeFuniak and walking distance of Lake DeFuniak. Good location to live or make a rental unit. The master bedroom has a fireplace. Home is being sold in ”AS IS” condition, CASH contracts only. No appliances included. The house has screened front porch, has paved driveway. Home is appx. 1128 s.f. Home has gas heater, city water and sewer.. Excellent corner location- possible future commercial value also.