16-Unit Apartment
872 Deerwood Lane Chipley, FL 32428
872 Deerwood Lane, Chipley, FL, 32428
$1,638,000
For Sale
$1,638,000
Well-maintained 16-unit multifamily community with updated exterior, roof, septic, and laundry facilities.
Property Size10,037 SF
Price / SF$163.20
Days on Market230
Property Features for 872 Deerwood Lane
General Information
- Standard status
- Active
- Size
- 10,037 SF
- Property subtype
- Commercial Sale / Multi Family / Multi Family
Building Details
- Year Built
- 1982
Listing agency
Luxe Coastal Realty
(848) 220-5555
Listed by
Marcy L O'Donnell · License #3417794
(848) 220-5555
Source
Compass
Added: Dec 4, 2025 Updated: Jul 21 at 8:12PM Checked: Jul 21 at 8:12PM
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
Investment Insights
Based on property information with market context.
Deerwood Apartments is a well-maintained 16-unit apartment community featuring eight 1BR/1BA units and eight 2BR/1BA units. Unit sizes range from 550 square feet for the 1BR/1BA apartments to 850 square feet for the 2BR/1BA apartments. The property includes an on-site laundry facility, and recent upgrades have been completed throughout the community, including a new septic system, new driveway and parking lot, full exterior paint, and a 2019 roof.
The asset is located at 872 Deerwood Lane in Chipley, Florida, and offers convenient access to I-10 along with nearby shopping, dining, and medical services.
As part of the recent improvements, eight units have been fully remodeled and eight units have been refreshed, supporting a turnkey ownership position with durable upgrades across the property.
The asset is located at 872 Deerwood Lane in Chipley, Florida, and offers convenient access to I-10 along with nearby shopping, dining, and medical services.
As part of the recent improvements, eight units have been fully remodeled and eight units have been refreshed, supporting a turnkey ownership position with durable upgrades across the property.
Key Highlights
- 16‑unit apartment building at 872 Deerwood Lane, Chipley, built in 1982.
- Unit mix: eight 1BR/1BA units (550 sq ft) and eight 2BR/1BA units (850 sq ft).
- Property on just over an acre includes building and land, plus an updated on‑site laundry facility.
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Well-maintained 16-unit multifamily community with updated exterior, roof, septic, and laundry facilities.
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 $1,638,000.
What are key features of this property?
This property features: 16‑unit apartment building at 872 Deerwood Lane, Chipley, built in 1982.; Unit mix: eight 1BR/1BA units (550 sq ft) and eight 2BR/1BA units (850 sq ft).; Property on just over an acre includes building and land, plus an updated on‑site laundry facility.
