Wildwood Lakes Phase III
TJM Properties is excited to invite investors and developers to join an up-and-coming market with the fully approved third phase of the Wildwood Lakes residential community. Plans allow for the construction of 16 single-family homes on 1-acre lots that have been cleared and filled. Fifteen homes have been completed and sold in adjacent parcels, reflecting significant demand for new rooftops in the area. This rare shovel-ready development presents a substantial pipeline opportunity for a small builder or investor.
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Wildwood Lakes Phase I & II
This premier opportunity presents an exceptional chance for national or regional homebuilders to tap into two highly desirable single-family development projects in DeFuniak Springs. Located in the flourishing Florida Panhandle region, the developments include a full set of approved engineering design plans, which are fully entitled, with a development order already in place. The projects encompass Wildwood Lakes Phase I and II, featuring 90 acres of prime development land. This phase allows for the construction of 55 single-family homes on spacious sites of over 1 acre each.
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Location
While the land remains raw and will require infrastructure development, its strategic location ensures swift access to essential amenities and connections. Residents will benefit from proximity to employment and recreational hubs, with Destin and Fort Walton Beach less than an hour away and Tallahassee, Mobile, and Panama City within a two-hour drive. Convenient access to Interstate 10 and the historic Downtown DeFuniak Springs area further enhances the appeal, while the picturesque Emerald Coast beaches and State Road 30A roadway are roughly 30 miles from the sites.
Wildwood Lakes will attract residents looking to enjoy all that Northwestern Florida has to offer. The area is rich with natural foliage dotted by clear, cold-water springs and bounded by sparkling white sand beaches, providing endless opportunities for outdoor recreation. The Eagle Springs Golf and Recreation Park is approximately 5 miles away and quickly accessible via US 90. The area also provides abundant, high-quality shopping and dining options. National retailers, including Walmart Supercenter, Winn-Dixie, Lowe’s, Walgreens, Tractor Supply Co., Starbucks, Chick-fil-A, Taco Bell, and many more, are located within just 10 miles.
The Wildwood Lakes Development is perfectly poised to capture growing local housing demand. The population within 10 miles of the property exceeds 28,000 and has increased by 3.1% on average each year since 2010. Single-family homes make up 74% of all housing in this area, solidifying this as the perfect opportunity to deliver a needed new supply to the booming population.
This easily accessible development sits 1 mile off US 90 and is just 15 minutes from both US 331 and Interstate 10. These nearby connections will place employment and recreation hubs at residents’ fingertips, with Destin and Fort Walton Beach less than an hour away and Tallahassee, Mobile, and Panama City reachable in less than two hours.