Chipley, FL 32428,872 Deer Wood LN
Chipley, FL 32428,872 Deer Wood LN
Chipley, FL 32428,872 Deer Wood LN
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Listed by Luxe Coastal Realty Group LLC
$1,638,000
Est. payment /mo
16 Baths
10,037 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type MultiFamily (5+ Units)

Listing Status Active

Purchase Type For Sale

Square Footage 10,037 sqft

Price per Sqft $163

MLS Listing ID RX-11145666

Year Built 1982

Annual Tax Amount $9,782

Tax Year 2025

Lot Size 1.270 Acres

Property Sub-Type MultiFamily (5+ Units)

Property Description

Deerwood Apartments offers a strong investment opportunity in the growing NW Florida market. Located at 872 Deerwood Lane in Chipley, this well-maintained 16-unit community sits on just over an acre and features eight 1BR/1BA units (550 sq ft) and eight 2BR/1BA units (850 sq ft). The property has received significant recent upgrades, including a new septic system, new driveway and parking lot, full exterior paint, an updated on-site laundry facility, and a 2019 roof. Inside, 8 units have been fully remodeled and 8 have been refreshed, offering a turnkey asset with durable improvements throughout. Residents enjoy convenient access to I-10, nearby shopping and dining, medical services, and Chipley's ongoing revitalization efforts.

Location

State FL

County Washington

Area 5940

Zoning Commercial

Interior

Heating Electric

Cooling Wall-Win A/C

Flooring Other

Fireplaces Type Sprinkler

Exterior

Utilities Available Cable, Electric, Public Sewer, Public Water

Roof Type Other

Building

Story 100.00

Others

Acceptable Financing Assumable-Qualify, Cash, Conventional

Listing Terms Assumable-Qualify, Cash, Conventional

Financing Assumable-Qualify,Cash,Conventional

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Donna Louis

Donna Louis

+1(954) 240-0844

Team Owner | License ID: 3571761

Team Owner License ID: 3571761

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