Defuniak Springs, FL
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    Defuniak Springs, FL Apartment Buildings for Sale

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    Freeport, FL Ponce De Leon, FL Westville, FL
    Northwest Florida Multifamily Investment Opportunity
    $5,795,000
    42,240 SF
    Northwest Florida Multifamily Investment Opportunity

    125 N Davis Lane, Defuniak Springs, FL 32433

    Well-maintained, renovated 55-unit multifamily property in Northwest Florida.
    • Assumable Freddie Mac mortgage at a low rate of 3.54% originated in March 2022 with a remaining term.
    • Enjoy a high occupancy rate of 95%.
    • Strong Net Operating Income (NOI) of $430,990.00 and a 7.31% CAP Rate.
    • Recently renovated with new metal roofs in 2023.
    • Low‑maintenance hard coat stucco exteriors, freshly painted in 2023.
    Updated: Jan 12
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    Renovated Multifamily Investment Opportunity
    $5,895,000
    42,000 SF
    Renovated Multifamily Investment Opportunity

    125 N Davis Ln, Defuniak Springs, FL 32433

    55-unit multifamily property with 95% occupancy in Northwest Florida.
    • Impressive 95% occupancy rate indicating strong performance.
    • Assumable Freddie Mac loan at 3.54% with approximately 7 years remaining.
    • Recently renovated in 2023, including new metal roofs and fresh paint.
    • 55 modern and spacious units.
    • 42,000 SF low‑rise/garden building.
    Updated: Mar 6
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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in Defuniak Springs, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Crestview Multifamily Investment Opportunity
    $1,700,000
    8,400 SF
    Crestview Multifamily Investment Opportunity

    Stabilized 10-unit apartment building built in 2021.

    507 Amos St, Crestview, FL 32539

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    Panama City Beach Condo
    $215,000
    608 SF
    Panama City Beach Condo

    Furnished 1-bedroom condo near beach and Pier Park.

    17462 Front Beach Road #42H, Panama City Beach, FL 32413

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    Land Suitable for Apartment Development
    $475,000
    64,033 SF
    Land Suitable for Apartment Development

    Land with potential for rezoning to build apartments.

    418 Brookmeade Drive, Crestview, FL 32539

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    Coastal Condo at Horizon South
    $275,000
    960 SF
    Coastal Condo at Horizon South

    Charming 2BR condo with resort amenities and rental potential.

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

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Ocean Springs Highway 90 Land
    $675,000
    143,748 SF
    Ocean Springs Highway 90 Land

    3.3 acre commercial land on Highway 90, Ocean Springs.

    Bienville Blvd, Ocean Springs, MS 39564

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    Waterfront Lot in Treasure Island
    $2,225,000
    0.34 Acres
    Waterfront Lot in Treasure Island

    Waterfront lot zoned for multifamily residential use in Treasure Island.

    141 104TH AVENUE, Treasure Island, FL 33706

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    Greenville Development Opportunity: 1.33 Acres
    $699,900
    1.33 Acres
    Greenville Development Opportunity: 1.33 Acres

    1.33 acre parcel suitable for multi-family development near downtown.

    71 Salters Road, Greenville, SC 29607

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    Asheville Development Opportunity: 5.94 Acres
    $2,500,000
    5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    215 N Bear Creek Road, Asheville, NC 28806

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    Off-Market Properties in Defuniak Springs, FL

    Consider similar Off-Market properties in Defuniak Springs, 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.

    1187 Us Highway 331
    Multifamily properties
    Lot: 16.00 Acres
    Value Estimation by Request

    1187 Us Highway 331, DeFuniak Springs, FL 32435

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    Defuniak Springs, FL Apartment Buildings Market Trends and Statistics

    Explore 3 apartment buildings for sale in Defuniak Springs, FL on our real estate platform. These investment opportunities span a total of 84,240 square feet of properties for sale, with an estimated market value of $11,690,000.

    Sale prices for two-family homes in Defuniak Springs, FL start at $5,795,000, averaging $5,845,000, and reaching up to $5,895,000 — 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 25K
    Population Growth (5Y) -2.7%
    Median Household Income $54,469
    College Educated 17.8%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    32433 $5.8M

    Taxes & Financing

    Tax Rate (average for all types) 1.01%
    Property Tax per SF $25.56 per SF
    Tax Rate vs County Average 0.24 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Walton County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Defuniak Springs fall within the 100,000+ square foot range.

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