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Walton County, FL · Sold

FL-683239

3069 County Road 229

$42,100
$8,957/ac · 4.70 ac
Acreage4.70 ac
Price per acre$8,957/ac
ZoningUnzoned
Road accessGravel
UtilitiesOff grid
TopographyWooded
ListedFeb 20, 2024
Coordinates30.6566, -86.0514
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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

5 items to verify before you offer.

Risk index
34
Moderate risk
Wetlands15.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope7.1%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power12,332 ft away

A long utility run — price in solar/off-grid instead.

Buildable area3.79 of 4.70 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$38,219
$28,773$47,664 · $8,132/ac on 4.70 ac
Asking vs estimate
+10.2%
Priced above 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 $42,100
Maximum allowable offer
$21,839
$4,647/ac · +30.0% target margin

You need $20,261 off asking to hit this margin.

All-in cost$23,695
Net resale$35,161
Projected profit$11,466
ROI+48.4%
Annualized+69.3%
Break-even resale$5,480/ac
Profit if resale lands off target
-20%
$4,434
-10%
$7,950
0%
$11,466
+10%
$14,982
+20%
$18,498
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
FL-623435
Dirt · Full utilities
5.4Jun 30, 2026$59,20010,9198,9527.8 mi
85
FL-323207
Landlocked · Power at road
4.6Apr 26, 2026$24,7005,3806,8059.3 mi
81
FL-103751
Dirt · Power at road
6.8Jan 5, 2026$65,3009,5919,9085.9 mi
74
FL-564371
Gravel · Power at road
10.7Jul 27, 2026$88,0008,2427,3889.0 mi
73
FL-262326
Paved · Off grid
2.4Jan 29, 2026$15,0006,1725,23613.3 mi
72
FL-662964
Gravel · Full utilities
3.9Oct 1, 2024$66,30017,21912,83811.7 mi
69
FL-784286
Dirt · Off grid
10.0Sep 28, 2025$55,9005,5717,03211.0 mi
65
FL-771688
Dirt · Off grid
1.5Feb 7, 2025$9,4006,1217,3431.8 mi
64
FL-802544
Gravel · Power at road
2.8Sep 5, 2024$27,8009,7948,84713.9 mi
63
FL-282246
Paved · Full utilities
2.3Sep 16, 2024$25,20011,0156,86712.6 mi
63
Show adjustment detail for the top comp
  • Tract size (5.42 ac → 4.7 ac)+0.7%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Full utilities → Off grid)-30.3%
  • Market time (2 mo)+0.5%

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.