125 N Davis Lane Defuniak Springs, FL 32433
Well-maintained, renovated 55-unit multifamily property in Northwest Florida.
- Added:
- Jan 12, 2026
- Days on Market:
- 180
- Last Refresh:
- May 11 at 12:37 am
Property Features for 125 N Davis Lane
General Information
- Standard status
- Active
- Size
- 42,240 SF
- Lot size
- 4.34 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1984
Listing office SVN RIVIERA COMMERCIAL (888) 240-0499
Listing date Jan 12, 2026
Source Corcoran
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of SVN RIVIERA COMMERCIAL
Investment Insights
Based on property information with market context.
Key Highlights
- 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.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $1.01M | $24.00 |
| − Vacancy | −$163.2k | −$3.86 |
| EGI | $850.5k | $20.14 |
| − OpEx | −$382.7k | −$9.06 |
| NOI | $467.8k | $11.07 |
