125 N Davis Lane Defuniak Springs, FL 32433
Well-maintained, renovated 55-unit multifamily property in Northwest Florida.
Type:Commercial
Property size:
42,240 SFLot size:
4.34 Acres- Added:
- Jan 12, 2026
- Days on Market:
- 80
- Last Refresh:
- Mar 26 at 1:03 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 agent DAVID BOATWRIGHT License ##3185347
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
Overview
Northwest Florida Multifamily Investment Opportunity
This multifamily investment opportunity is located in Northwest Florida. The property is a well-maintained and renovated 42,000 square foot, 55-unit multifamily building. It is located in a prime location zoned for Multifamily use. The property features a low-rise/garden style layout. A current in-place assumable Freddie Mac first mortgage exists with the following terms: Origination date of March 24, 2022, loan amount of $3,120,000, a 10-year term, 30-year amortization, and a rate of 3.54%. The property has a CAP Rate of 7.31% and a Net Operating Income (NOI) of $430,990.00. The property is located in Flood Zone X. Recent updates include new metal roofs in 2023 and freshly painted low maintenance hard coat stucco exteriors, also in 2023. The property boasts an impressive 95% occupancy rate.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Defuniak Springs
- County
- Walton
- State
- Florida
- Longitude
- -86.0958
- Latitude
- 30.7271
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FAQs
What type of property is this?
Apartment building - Well-maintained, renovated 55-unit multifamily property in Northwest Florida.
Where is this apartment building located?
The property is located at 125 N Davis Lane Defuniak Springs, FL.
What is the asking price?
The asking price for this property is $5,895,000.
What are key features of this property?
This property features: 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.
