Walton Global Launches $4.3M Florida Growth 1 DST Bordering Panama City
Walton Global, an Arizona-based real estate investment and land asset management company and sponsor of private placement investments, has launched its Florida Growth 1 DST project in Strickland, which borders Panama City, Fla. The Delaware statutory trust offering seeks to raise just over $4.3 million from accredited investors.
It includes 465 acres of land designated for residential development, with plans to accommodate approximately 630 single-family homes in a master planned community.
The property is strategically situated within the Bay County metropolitan statistical area adjacent to the existing D.R. Horton Morningside community, offering access to Highway 231. Walton said future residents will enjoy convenient access to key destinations, including downtown Panama City, the Gulf Beaches, and the Northwest Florida Beaches International Airport.
“This unique blend of picturesque living spaces and urban conveniences is increasingly sought after by today’s homebuyers, and Strickland is well-positioned to meet the region’s growing demand for affordable residential communities,” said Mike Doherty, executive vice president of land acquisition at Walton Global.
Currently zoned for agricultural use, the property will be undergoing a rezoning process to facilitate its transformation into a residential community. Designed to cater to a diverse range of homebuyers – including families, empty nesters, and retirees – the development aligns, according to Walton, with its commitment to fostering sustainable, well-integrated neighborhoods.
Through comprehensive planning and community engagement, Walton Global aims to ensure the project meets and exceeds expectations for premium living spaces. The Florida Growth 1 Strickland DST project reflects the company’s broader vision of supporting long-term regional growth and community through strategic real estate development.
Earlier this month, according to previous reporting by AltsWire, Walton Global sold a 90-acre portion of a master plan designated for residential use in Upper Marlboro, Md.
Last month, Walton launched North Carolina Growth 2 DST, a DST focused on land-based investments in Greenville, N.C. Known as Allen Tract, the Pitt County offering includes 215 acres intended for residential development. The offering seeks to raise approximately $2.77 million from accredited investors. In December 2024, Walton Global closed on a trio of land sales in Austin, San Antonio and Dallas-Fort Worth, respectively. The transactions represented more than 930 acres of residential development across Texas.
Walton Global works with homebuilders to identify plots of land across the country to support the continually rising demand. Globally, a total of $2.5 billion has been distributed to investors located in 87 countries.
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