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Walton County, FL · Sold

FL-950883

3773 County Road 40

$7,600
$8,941/ac · 0.85 ac
Acreage0.85 ac
Price per acre$8,941/ac
ZoningRecreational
Road accessPaved
UtilitiesOff grid
TopographyWooded
ListedFeb 8, 2024
Coordinates30.6243, -86.2512
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
21
Low risk
Wetlands14.6% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.4%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

228 ft of deeded road frontage.

Power8,104 ft away

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

Buildable area0.69 of 0.85 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$8,423
$6,212$10,633 · $9,909/ac on 0.85 ac
Asking vs estimate
-9.8%
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 $7,600
Maximum allowable offer
$4,813
$5,662/ac · +30.0% target margin

You need $2,787 off asking to hit this margin.

All-in cost$5,222
Net resale$7,749
Projected profit$2,527
ROI+48.4%
Annualized+69.2%
Break-even resale$6,678/ac
Profit if resale lands off target
-20%
$977
-10%
$1,752
0%
$2,527
+10%
$3,302
+20%
$4,077
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
FL-441446
Dirt · Power at road
1.3Jul 27, 2026$12,4009,65411,3359.0 mi
76
FL-281305
Landlocked · Full utilities
1.2Sep 20, 2025$13,70011,84614,9123.7 mi
74
FL-631152
Dirt · Full utilities
1.0Aug 16, 2024$12,60012,10612,5692.6 mi
72
FL-710609
Gravel · Power at road
0.7Oct 6, 2025$5,0007,0887,35412.2 mi
71
FL-690063
Landlocked · Power at road
0.5Jun 3, 2025$3,1006,65810,27510.4 mi
68
FL-262326
Paved · Off grid
2.4Jan 29, 2026$15,0006,1726,4158.8 mi
68
FL-391770
Gravel · Power at road
1.6Jan 18, 2025$10,6006,5447,0523.0 mi
66
FL-771688
Dirt · Off grid
1.5Feb 7, 2025$9,4006,1218,99710.9 mi
65
FL-661926
Dirt · Power at road
1.8Mar 27, 2025$15,9008,74110,8968.7 mi
62
FL-282246
Paved · Full utilities
2.3Sep 16, 2024$25,20011,0158,4149.5 mi
59
Show adjustment detail for the top comp
  • Access (Dirt → Paved)+37.2%
  • Utilities (Power at road → Off grid)-15.0%

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.