Homes for sale - 874 Deerwood LN, Chipley, FL 32428

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Ilya Kulichkin

ilya@kiphomesgroup.com +1(561) 922-5296

Listed by Luxe Coastal Realty Group LLC

$ 1,900,000

Est. payment | -/mo

16 Baths

10,037 SqFt

Save Virtual Tour

$ 1,900,000

Est. payment | -/mo

Save Virtual Tour

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 $189

MLS Listing ID RX-11009386

Year Built 1982

Annual Tax Amount $7,836

Tax Year 2023

Lot Size 1.270 Acres

Property Description

Here is your opportunity to acquire a lucrative multi family property in a NW Florida area that is in high demand. Deerwood Apartments is among the very best located and maintained properties in the heart of Chipley, FL. This property offers a total of 16 units including Eight 1 BR/1 Bath units (550 sqft each) and Eight 2 BR/1 Bath (850 sqft each) units all sitting on a quaint tree-lined parcel that totals over an acre in size. The 2 story building was constructed in 1982 and recently had significant upgrades (over $350,000) in the last year including all new septic tank, driveway & parking lot, laundry facility and full exterior paint. The roof was replaced in 2019 and 8 units have been fully remodeled.

Location

State FL

County Washington

Area 5940

Zoning R-2

Interior

Heating Electric

Cooling Electric

Flooring Other

Fireplaces Type Smoke Alarm

Exterior

Utilities Available Public Sewer, Public Water

Roof Type Comp Shingle

Building

Story 100.00

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

"My mission is to bring light into the world of real estate by turning the complex into simple and hard into easy, one person and one transaction at a time!"

+1(561) 922-5296

ilya@kiphomesgroup.com

6700 North Andrews Ave. #203, Fort Lauderdale, FL, 33309

874 Deerwood LN Chipley, FL 32428