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$ 5,895,000
Est. payment | /mo
1 SqFt
$ 5,895,000
Est. payment | /mo
1 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1 sqft
Price per Sqft $5,895,000
MLS Listing ID 969286
Lot Size 341.000 Acres
Acres 341.0
Source Emerald Coast Association of REALTORS®
Property Description
Introducing a prime investment opportunity in Northwest Florida! Discover a meticulously renovated 42,000 SF, 55-unit multifamily gem, boasting a prime location zoned for Multifamily use. This property is a beacon of opportunity, with a track record of exceptional performance evidenced by its impressive 95% occupancy rate. Featuring modern amenities and thoughtful design, this low-rise/garden property represents a compelling prospect for prospective investors seeking a turnkey opportunity in the flourishing Northwest Florida market. Discover the charm and potential of the Defuniak Springs, FL area. Nestled in Northwest Florida, this locale offers a captivating blend of small-town ambiance and strategic positioning.
Location
State FL
County Walton
Area 23 - North Walton County
Direction Hwy 331 north to Hwy 90, head east. North Davis lane about a mile past the courthouse on north side of HWY90
Exterior
Garage No
Building
Faces Hwy 331 north to Hwy 90, head east. North Davis lane about a mile past the courthouse on north side of HWY90
New Construction No
Others
Pets Allowed No
Tax ID 25-3N-19-19070-001-536A
Listed by Gordon C MacLean SVN Riviera Commercial
Nearby Locations
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Tomell Johnson
REALTOR® | Lic# SL3413882