Multifamily

Defuniak Springs, FL Multifamily Properties for Sale

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Freeport, FL Tallahassee, FL Seguin, TX Ponce De Leon, FL Westville, FL Crestview, FL Laurel Hill, FL Vernon, FL
Northwest Florida Multifamily Investment Opportunity
Updated: Jan 12
Northwest Florida Multifamily Investment Opportunity

125 N Davis Lane, Defuniak Springs, FL 32433

$5,579,500
42,240 sqft 4.34 AC lot
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.
Recently renovated with new metal roofs in 2023.
Low‑maintenance hard coat stucco exteriors, freshly painted in 2023.
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Renovated Multifamily Investment Opportunity
Updated: Mar 6
Renovated Multifamily Investment Opportunity

125 N Davis Ln, Defuniak Springs, FL 32433

$5,579,500
42,000 sqft
Impressive 95% occupancy rate indicating strong performance.
Assumable Freddie Mac loan at 3.54% with approximately 7 years remaining.
Recently renovated in 2023, including new metal roofs and fresh paint.
55 modern and spacious units.
42,000 SF low‑rise/garden building.
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Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 2 Active listings in Defuniak Springs, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 9 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Freeport Multifamily Investment Opportunity
Freeport Multifamily Investment Opportunity

248 Four Mile Road, Freeport, FL 32439

$1,350,000
6,016 sqft 1.00 AC lot

Apartment complex with 8 units plus additional development potential.

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Four-Unit Multifamily Property
Four-Unit Multifamily Property

108 Don Bishop Road, Santa Rosa Beach, FL 32459

$959,999
4,600 sqft

Quadplex with four residential units and long-term tenants, generating reported monthly rental income.

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Four-Unit Two-Bedroom Quadplex
Four-Unit Two-Bedroom Quadplex

108 Don Bishop Road, Santa Rosa Beach, FL 32459

$949,999
4,604 sqft

Four 2-bedroom, 2-bath units with long-term tenants, recently painted interior, offering steady residential income potential.

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Freeport, FL Multifamily Development Land
Freeport, FL Multifamily Development Land

14874 US-331 BUS, Freeport, FL 32439

$4,000,000
11.44 AC lot

11.44 acres with development order for 128 apartment units.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Waterfront Land with Dock
Waterfront Land with Dock

Blue Gill Loop lot: 15/16, Defuniak Springs, FL 32433

$159,900
0.50 AC lot

Two mostly cleared waterfront lots on Juniper Lake with a dock, shed, and septic tank on-site.

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Land in DeFuniak Springs
Land in DeFuniak Springs

W Renoir Road lot: 5, Defuniak Springs, FL 32433

$38,000
0.41 AC lot

Land available near HWY 90 and HWY 331 in Florida.

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Waterfront Residential Land with Deck
Waterfront Residential Land with Deck

Oak Ridge Road lot: 1, Defuniak Springs, FL 32433

$135,000
0.94 AC lot

Cleared waterfront lot with a deck, wired metal storage building, and retaining wall—ready for RV and home plans.

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Cleared Land Ready For Building
Cleared Land Ready For Building

54 Sundance Road, Defuniak Springs, FL 32435

$79,900
1.13 AC lot

Over one acre of cleared land ready for your dream home.

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Off-Market Properties in Defuniak Springs, FL

Consider similar Off-Market properties in Defuniak Springs, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Holley King Rd
MOBILE HOME PARK, TRAILER PARK

Holley King Rd, Defuniak Springs, FL 32433

Value Estimation by Request
0.75 AC lot
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6 Bell Dr
MOBILE HOME PARK, TRAILER PARK

6 Bell Dr, Defuniak Springs, FL 32433-7660

Value Estimation by Request
2.04 AC lot
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Holley King Rd
MOBILE HOME PARK, TRAILER PARK

Holley King Rd, Defuniak Springs, FL 32433

Value Estimation by Request
1,126 sqft 0.67 AC lot
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363 Black Bass Blvd
MOBILE HOME PARK, TRAILER PARK

363 Black Bass Blvd, Defuniak Springs, FL 32433-8521

Value Estimation by Request
192 sqft 1.31 AC lot
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Holland Rd
MOBILE HOME PARK, TRAILER PARK

Holland Rd, Defuniak Springs, FL 32433

Value Estimation by Request
1.82 AC lot
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Juniper Ln
MOBILE HOME PARK, TRAILER PARK

Juniper Ln, Defuniak Springs, FL 32433

Value Estimation by Request
652 sqft 0.42 AC lot
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1 Juniper Ave
MOBILE HOME PARK, TRAILER PARK

1 Juniper Ave, Defuniak Springs, FL 32433

Value Estimation by Request
0.24 AC lot
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1187 Us Highway 331
Multifamily properties

1187 Us Highway 331, DeFuniak Springs, FL 32435

Value Estimation by Request
16.00 AC lot
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363 Black Bass Blvd
MOBILE HOME PARK, TRAILER PARK

363 Black Bass Blvd, Defuniak Springs, FL 32433-8521

Value Estimation by Request
296 sqft 1.71 AC lot
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Defuniak Springs, FL Multifamily Properties Market Trends and Statistics

Explore 11 multifamily properties for sale in Defuniak Springs, FL on our real estate platform. These investment opportunities span a total of 84,240 square feet of properties for sale, with an estimated market value of $11,159,000.

Sale prices for multifamily properties in Defuniak Springs, FL start at $5,579,500, averaging $5,579,500, and reaching up to $5,579,500 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 2

Demographics Overview

Population 25K
Population Growth (5Y) -2.7%
Median Household Income $54,469
College Educated 17.8%

High-Yield Neighborhoods for Investment

Identify Defuniak Springs submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
32433 $4.1M

Taxes & Financing

Tax Rate (average for all types) 1.01%
Property Tax per SF $25.56 per SF
Tax Rate vs County Average 0.24 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Walton County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Defuniak Springs fall within the 100,000+ square foot range.

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