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Walton County, FL · Sold

FL-282246

5350 County Road 215

$23,400
$10,218/ac · 2.29 ac
Acreage2.29 ac
Price per acre$10,218/ac
ZoningUnzoned
Road accessPaved
UtilitiesFull utilities
TopographyFlat
ListedOct 1, 2023
Coordinates30.5061, -86.1711
Loading terrain…
County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

Walton County, Florida. Rural interior counties absorbing metro overflow; the country's hottest lot market.

View Walton market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
46
Moderate risk
Wetlands36.0% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope2.0%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area1.39 of 2.29 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$33,827
$24,523$43,130 · $14,771/ac on 2.29 ac
Asking vs estimate
-30.8%
Priced below the comp set

Weighted from 10 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $23,400
Maximum allowable offer
$19,330
$8,441/ac · +30.0% target margin

You need $4,070 off asking to hit this margin.

All-in cost$20,973
Net resale$31,121
Projected profit$10,148
ROI+48.4%
Annualized+69.2%
Break-even resale$9,955/ac
Profit if resale lands off target
-20%
$3,923
-10%
$7,035
0%
$10,148
+10%
$13,260
+20%
$16,372
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
FL-262326
Paved · Off grid
2.4Jan 29, 2026$15,0006,1729,0741.3 mi
90
FL-661926
Dirt · Power at road
1.8Mar 27, 2025$15,9008,74115,4122.8 mi
78
FL-623435
Dirt · Full utilities
5.4Jun 30, 2026$59,20010,91915,5155.6 mi
78
FL-441446
Dirt · Power at road
1.3Jul 27, 2026$12,4009,65416,0325.8 mi
76
FL-802544
Gravel · Power at road
2.8Sep 5, 2024$27,8009,79415,3331.6 mi
72
FL-323207
Landlocked · Power at road
4.6Apr 26, 2026$24,7005,38011,7938.7 mi
70
FL-281305
Landlocked · Full utilities
1.2Sep 20, 2025$13,70011,84621,0935.8 mi
69
FL-391770
Gravel · Power at road
1.6Jan 18, 2025$10,6006,5449,9767.6 mi
68
FL-662964
Gravel · Full utilities
3.9Oct 1, 2024$66,30017,21922,2505.8 mi
67
FL-771688
Dirt · Off grid
1.5Feb 7, 2025$9,4006,12112,72710.8 mi
65
Show adjustment detail for the top comp
  • Utilities (Off grid → Full utilities)+43.5%
  • Market time (7 mo)+2.3%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.