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125 N Davis Lane
Defuniak Springs, FL 32433

$5,579,500 - Status: Active
Bed Icon Beds: 0
Bath Icon Baths:
Sq Feet Icon SQFT (H&C): 42,240
MLS Icon MLS# 783548

Introducing a multifamily investment opportunity in Northwest Florida! A well maintained and renovated 42,000 SF, 55-unit multifamily gem, boasting a prime location zoned for Multifamily use. Highlights Low-rise/garden Current in-place ASSUMABLE Freddie MAC first mortgage: Origination: March 24, 2022 Loan Amount: $3,120,000 Term: 10 yrs. Amort: 30 yrs. Rate: 3. 54% CAP Rate 7. 31% NOI 430,990. 00 Flood Zone X Recent 2023 new metal roofs Low maintenance hard coat stucco exteriors, freshly painted in 2023 Impressive 95% occupancy rate Operating memorandum available upon request.

Property Features

MLS#: 783548
Zip: 32433
Subdivision:
Development: 1214 - Walton - Defuniak Springs
Property Type: Commercial - Business
Days on Site: 152
Lot Size: 4.34 acres
Year Built: 1984
SQFT (H&C): 42,240

Feature Descriptions

Accessibility: Common Area
Lot Description: Landscaped
Parcel#: 25-3N-19-19070-001-536A
Security: None
Sewer: Public Sewer
Utilities: Sewer Available

Local Schools

High School: Walton
Middle School: Walton
Elementary School: Maude Saunders

125 N Davis Lane | MLS# 783548

This commercial property located at 125 N Davis Lane, Defuniak Springs, FL 32433 is currently listed for sale with an asking price of $5,579,500. Search Defuniak Springs real estate on www.beachybeach.com today.

Listed By / Shown By

Listed By

Agency Name: SVN Riviera Commercial

Shown By

Agency Title: Beachy Beach Real Estate
Agency Phone: 850-233-4351

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