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

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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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    Northwest Florida Multifamily Investment Opportunity
    $5,895,000
    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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    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.

    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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    Chipley Multifamily Investment Opportunity
    $1,575,000
    10,658 SF

    Chipley Multifamily Investment Opportunity

    Well-maintained 16-unit apartment community with recent capital improvements.

    872 Deer Wood Lane, Chipley, FL 32428
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    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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    Chipley Multifamily Investment Opportunity
    $1,575,000
    1.00 Acre

    Chipley Multifamily Investment Opportunity

    Well-maintained 16-unit apartment community in Chipley, Florida.

    872 Deerwood Lane, Chipley, FL 32428
    View details

    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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    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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    Multifamily Development Opportunity in Charlotte
    $559,700
    0.47 Acres

    Multifamily Development Opportunity in Charlotte

    Prime 0.47-acre parcel zoned for multifamily development near UNC Charlotte.

    4312 Tantilla Circle, Charlotte, NC 28215
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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

    1187 Us Highway 331

    Multifamily properties • 16.00 Acres
    Value Estimation by Request
    1187 Us Highway 331, DeFuniak Springs, FL 32435
    View details

    Defuniak Springs, FL Apartment Buildings Investment Opportunities Market Analysis

    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 $11,790,000.

    Sale prices for two-family homes in Defuniak Springs, FL start at $5,895,000, averaging $5,895,000, 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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