Chipley, FL 32428,872 Deer Wood LN
Chipley, FL 32428,872 Deer Wood LN
Chipley, FL 32428,872 Deer Wood LN
Chipley, FL 32428,872 Deer Wood LN
Chipley, FL 32428,872 Deer Wood LN
Chipley, FL 32428,872 Deer Wood LN
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Listed by Luxe Coastal Realty Group LLC
$ 1,638,000
Est. payment | /mo

16 Baths

10,037 SqFt


$ 1,638,000
Est. payment | /mo

16 Baths

10,037 SqFt

Key Details

Property Type Commercial

Sub Type MultiFamily (5+ Units)

Listing Status Active

Purchase Type For Sale

Square Footage 10,037 sqft

Price per Sqft $163

MLS Listing ID RX-11145666

Year Built 1982

Annual Tax Amount $9,782

Tax Year 2025

Lot Size 1.270 Acres

Property Sub-Type MultiFamily (5+ Units)

Property Description

Deerwood Apartments offers a strong investment opportunity in the growing NW Florida market. Located at 872 Deerwood Lane in Chipley, this well-maintained 16-unit community sits on just over an acre and features eight 1BR/1BA units (550 sq ft) and eight 2BR/1BA units (850 sq ft). The property has received significant recent upgrades, including a new septic system, new driveway and parking lot, full exterior paint, an updated on-site laundry facility, and a 2019 roof. Inside, 8 units have been fully remodeled and 8 have been refreshed, offering a turnkey asset with durable improvements throughout. Residents enjoy convenient access to I-10, nearby shopping and dining, medical services, and Chipley's ongoing revitalization efforts.

Location

State FL

County Washington

Area 5940

Zoning Commercial

Interior

Heating Electric

Cooling Wall-Win A/C

Flooring Other

Fireplaces Type Sprinkler

Exterior

Utilities Available Cable, Electric, Public Sewer, Public Water

Roof Type Other

Building

Story 100.00

Others

Acceptable Financing Assumable-Qualify, Cash, Conventional

Listing Terms Assumable-Qualify, Cash, Conventional

Financing Assumable-Qualify,Cash,Conventional

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872 Deer Wood LN