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Two-Unit Duplex with Workshop
For Sale
$183,000

403 S 20th St, Defuniak Springs, FL 32435

Two mirrored residences offer independent utility systems and on-site workshop space.

Property Size1,664 SF
Lot Size0.30 Acres
Price / SF$109.98
Days on Market16

Property Features for 403 S 20th St

General Information

Standard status Active
Size 1,664 SF
Total Parking Spaces 2
Lot size 0.30 Acres
Property subtype Multi-Family

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Additional Details

Utilities to Site Yes

Amenities

attached storage
detached workshop

Building Details

Year Built 2003
Buildings 2
Listing Agency: Assurance Realty of NWFL LLC
Listed By: Cosmo M Spellings · License #3113695
Source: Viewhomesinpensacola
Added: Sep 19 Changed: Oct 1 Last Checked: Oct 2 at 8:56PM

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 Assurance Realty of NWFL LLC

Investment Insights

Based on property information with market context.

Built in 2003, this duplex contains 1,664 square feet across two matching units, each with 832 square feet. Both residences have two bedrooms, one bathroom, a living room, an eat-in kitchen, and a laundry closet. The units have separate utility and mechanical systems. Exterior features include vinyl siding, a metal roof, attached storage, and two covered parking areas. A separate workshop or outbuilding has running water and power. The property occupies 0.3 acres in DeFuniak Springs, Florida.

Key Highlights

  • Two‑unit property with 1,664 square feet total; each residence measures 832 square feet
  • Both units include two bedrooms, one bathroom, a living room, eat‑in kitchen, and laundry closet
  • Separate utility and mechanical systems for each unit

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Electrical Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

189
Businesses Nearby

Demographics for 32435, FL

6,935
Population
2,885
Households
2.4
Avg Household Size
44
Median Age
27%
College-Educated
91%
High-School Grad
136.7 sq mi
ZIP Area
51
Density / Sq Mi
$63,017
Median Household Income
$39,030
Median Earnings
$742
Median Rent
$185,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two mirrored residences offer independent utility systems and on-site workshop space.
Where is this duplex located?
The property is located at 403 S 20th St Defuniak Springs, FL.
What is the asking price?
The asking price for this property is $183,000.
What are key features of this property?
This property features: Two‑unit property with 1,664 square feet total; each residence measures 832 square feet; Both units include two bedrooms, one bathroom, a living room, eat‑in kitchen, and laundry closet; Separate utility and mechanical systems for each unit
More about this property
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