872 Deerwood Lane Chipley, FL 32428
Well-maintained 16-unit apartment community in Chipley, Florida.
Type:Commercial
Lot size:
1.00 Acre- Added:
- Dec 5, 2025
- Days on Market:
- 124
- Last Refresh:
- Apr 5 at 8:32 pm
Property Features for 872 Deerwood Lane
General Information
- Standard status
- Active
- Lot size
- 1.00 Acre
- Property subtype
- Commercial
Listing agent MARCY L O'DONNELL License #BK3417794
Listing office LUXE COASTAL REALTY (848) 220-5555
Listing date Dec 5, 2025
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 LUXE COASTAL REALTY
Overview
Chipley Multifamily Investment Opportunity
Deerwood Apartments, located at 872 Deerwood Lane in Chipley, Florida, is a 16-unit multifamily property situated on over one acre. The property features a mix of eight 1-bedroom, 1-bathroom units (550 SF) and eight 2-bedroom, 1-bathroom units (850 SF). The property has undergone capital improvements, including a new septic system, a new driveway and parking lot, a full exterior repaint, an updated on-site laundry facility, and a 2019 roof. Eight units have been fully renovated, and the remaining units have been refreshed. The property is positioned near I-10, shopping, dining, and medical services and benefits from Chipley's revitalization and growth along Hwy 77. This presents a value-add opportunity with long-term upside for investors.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Chipley
- County
- Washington
- State
- Florida
- Longitude
- -85.5678
- Latitude
- 30.604
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Well-maintained 16-unit apartment community in Chipley, Florida.
Where is this apartment building located?
The property is located at 872 Deerwood Lane Chipley, FL.
What is the asking price?
The asking price for this property is $1,575,000.
What are key features of this property?
This property features: Substantial capital improvements including a new septic system, new driveway and parking lot, full exterior repaint, updated on‑site laundry facility, and a 2019 roof.; Eight fully renovated units and eight refreshed units, providing a largely turnkey asset.; Significantly improved price presents a compelling value‑add opportunity.
