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59 Nina Street, 
Defuniak Springs, FL 32433

$5,500,000


3

Beds


2

Baths


1,140

Sq Ft


Manufactured

Active

Listed by

Steven Fireman

Keller Williams Town & Country

850-201-4663

Last updated:

October 10, 2026, 02:54 PM

MLS#

405755

Source:

FL TBR

About This Home

59 Nina Street

Discover a rare, high-exposure mixed-use property located at 59 Nina Street in DeFuniak Springs, Florida—an almost one-acre (.98 acre) parcel zoned for both residential and commercial use. This offering is unlike anything currently on the market in the region: it features an existing 3-bedroom, 2-bath double-wide mobile home, a dedicated office building, and a sizeable pole-barn/garage structure with ample room for expansion or storage. Room dimmensions are approximate and must be verified by the buyer. Positioned to benefit from highway traffic and tourist flow en route to the Gulf Coast: DeFuniak Springs sits at the junction of major east-west and north-south corridors including U.S.Route 331 Florida State Road 83 (which leads directly south to Santa Rosa Beach and the Emerald Coast) and U.S. Route 90. The location captures both local commercial activity and visitor traffic bound for Florida’s beaches. Comparable parcels in the immediate area report traffic counts of approximately 22,982 vehicles per day. With direct highway frontage and dual zoning, this asset is uniquely positioned to grab attention from passing motorists and traveling tourists alike. With commercial zoning in place, the property can be leveraged for a wide array of business models (e.g., professional offices, service/repair facility, storage rental, retail showroom, hospitality-adjacent), while the residential component provides occupancy flexibility or supplemental cash flow. DeFuniak Springs serves as a gateway point to the Gulf Coast and the larger Northwest Florida tourism market. The north-south US 331/SR 83 axis carries traffic from inland and interstate corridors toward beach destinations, and the ongoing improvements in the transportation infrastructure only enhance accessibility. For example, the Florida DOT has announced a $10.6 million resurfacing and intersection improvement project on Highway 331 from south of I-10 up to US 90 in DeFuniak Springs (scheduled through late 2025). Very few parcels offer nearly one acre of land with existing structures, commercial zoning, and frontage on a high-traffic highway corridor leading directly to a major tourist destination. This scarcity supports positioning this listing as a flagship asset for an investor or enterprise looking for elevated visibility, multiple income streams and strong future upside. For the discerning investor or owner-operator, 59 Nina St. offers a broad range of strategic options: * Convert the office building into a professional services hub (medical, legal, financial, wellness) leveraging highway visibility and ease of access. The office was origionally built as a resturant and has all neccisary underground waste, water and utillity features already in place. * Use the pole barn/garage for vehicle service, equipment rental, storage units, fabrication or light manufacturing—activities that benefit from high frontage, easy ingress/egress and large clear span space. * Lease or occupy the 3/2 mobile home for on-site management, short-term accommodation, or as a guaranteed rental component. *Road-traveling tourists: host independent rental offices, equipment rental (kayaks, bikes, beach gear), or establish a service/retail business targeting the steady wave of visitors traveling south to the Emerald Coast. * Position for future redevelopment: with .97 acre and commercial zoning, potential exists to redevelop or expand—with the highway traffic counts and tourist gateway position providing a compelling value base. * The transportation improvements underway on US 331/SR 83 underscore the Florida DOT’s commitment to improving access to the Gulf Coast corridor, enhancing the future visibility and accessibility of this asset. * 59 Nina St., DeFuniak Springs is not simply a real estate offering—it’s an invitation to capitalize on location, infrastructure momentum, highway frontage and tourism-driven demand.

Home Facts

Manufactured

2 Baths

3 Bedrooms

Built in 1986

Subdivision & Development:

N/a

Price Summary

5,500,000

$4,824 per Sq. Ft.

MLS #:

405755

Last Updated:

October 10, 2026, 02:54 PM

Added:

17 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

1,140 Sq. Ft.


Structure

Structure

Architectural Style:

Traditional

Building Area:

1,140 Sq. Ft.

Year Built:

1986


Lot

Lot Size (Sq. Ft):

42,688


Finances & Disclosures

Finances

Price:

$5,500,000

Price per Sq. Ft:

$4,824 per Sq. Ft.

Source:FL TBR
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.