Largest acreage tract anywhere in the Florida Panhandle currently offered for sale. Development Potential. Close to the Interstate and Hwy 331. 30 minutes to the white sandy beaches of South Walton. Located 5 minutes out of historic Defuniak Springs, FL. Approximately 2.5 miles of river frontage at the origin of Shoal River. Property features tons of deer and turkey, two beautiful lakes stocked with bass and bream. Perfect for recreation or holding for development.