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Chipley, FL Apartment Buildings for Sale

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Chipley Multifamily Investment Opportunity
Updated: Dec 5, 2025
Chipley Multifamily Investment Opportunity

872 Deerwood Lane, Chipley, FL 32428

$1,425,000
1.00 AC lot
Substantial capital improvements including a new septic system, new driveway and parking lot, full exterior repaint, updated on‑site laundry facility, and a 2019 roof.
Eight fully renovated units and eight refreshed units, providing a largely turnkey asset.
Significantly improved price presents a compelling value‑add opportunity.
Convenient location near I‑10, shopping, dining, and medical services.
Balanced unit mix of eight 1BR/1BA units (550 SF) and eight 2BR/1BA units (850 SF).
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 1 Active listings in Chipley, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Turn-Key Panama City Investment Property
Turn-Key Panama City Investment Property

1300 Grace Avenue, Panama City, FL 32401

$1,150,000
8,652 sqft

Fully renovated 10-unit apartment building in growing Panama City.

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Panama City Townhome Investment Opportunity
Panama City Townhome Investment Opportunity

1512 Kraft Avenue, Panama City, Panama City, FL 32405

$995,917
8,208 sqft 0.48 AC lot

Eight townhomes, fully occupied, low maintenance, excellent investment property.

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Coastal Condo at Horizon South
Coastal Condo at Horizon South

17462 Front Beach Road #35D, Panama City Beach, FL 32413

$260,000
960 sqft

Charming 2BR condo with resort amenities and rental potential.

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14-Unit Apartment Complex
14-Unit Apartment Complex

114-1-8-and-118-1-6-114 S Highway 22 A, Panama City, FL 32404

$1,600,000

Four-building apartment property with varied floor plans, laundry facilities, and roof replacements completed in April 2026.

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Off-Market Properties in Chipley, FL

Consider similar Off-Market properties in Chipley, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

872 Deerwood Ln
Multifamily properties

872 Deerwood Ln, Chipley, FL 32428

Value Estimation by Request
10,658 sqft
View details
872 Deerwood Ln
Multifamily properties

872 Deerwood Ln, Chipley, FL 32428

Value Estimation by Request
10,658 sqft
View details

Chipley, FL Apartment Buildings Market Trends and Statistics

Explore 3 apartment buildings for sale in Chipley, FL on our real estate platform.

Sale prices for two-family homes in Chipley, FL average $1,425,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 18K
Population Growth (5Y) +4.9%
Median Household Income $52,234
College Educated 19.2%

High-Yield Neighborhoods for Investment

Identify Chipley submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
32428 $1.4M

Taxes & Financing

Tax Rate (average for all types) 1.85%
Property Tax per SF $49.25 per SF
Tax Rate vs County Average 0.07 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Washington County

New Delisted

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