$1,800,000
$100K PRICE DROP

872 Deerwood Ln Chipley, FL 32428

Estimated payment $11,608/month

Total Views 4,964
-- Bed
-- Bath
10,658 Sq Ft
$169 Price per Sq Ft

About This Home

Introducing Deerwood Apartments, an exceptional investment opportunity in the highly sought-after NW Florida area. Nestled in the heart of Chipley, FL, this well-maintained multi-family property offers a total of 16 units on a picturesque tree-lined parcel spanning over an acre. The configuration includes eight 1 BR/1 Bath units (550 sqft each) and eight spacious 2 BR/1 Bath units (850 sqft each). This 2-story building has undergone significant upgrades in the past year, including a brand-new septic system, driveway, parking lot, laundry facility, and full exterior paint. Additionally, the roof was replaced in 2019. 8 units have been tastefully refreshed with new paint, flooring, and fixtures, while the other 8 have fully remodeled ensuring a turnkey investment with no detail overlooked. Residents will appreciate the prime location with easy access to I-10 and the vibrant amenities Chipley has to offer, including shopping, dining, and ample job opportunities. Deerwood Apartments is a stellar choice for investors seeking a property that truly stands out in a high-demand area. Don't miss your chance to own this charming community--schedule a viewing today!

Listing Agent

Marcy O'Donnell

Luxe Coastal Realty Group LLC License #3417794 Listed on: 07/23/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1982

Additional Features

  • 2-Story Property
  • 1.27 Acre Lot

Community Details

Overview

  • No Home Owners Association
  • 16 Units

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Year Built: 1982
  • Property Sub Type: Multi Family
  • Lot Size Acres: 1.27
  • Subdivision Name: [No Recorded Subdiv]
  • Unit Levels: Two
  • Building Stories: 2
  • ResoPropertyType: CommercialSale
  • Property Sub Type Additional: Multi Family
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family
  • Stories: 2

Exterior Features

  • Waterfront: No

Condo/Co-op/Association

  • Community Features: Laundry Facilities
  • Association: No

Multi Family

  • Number Of Units Total: 16

Map

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2025 02/13/25 Price Changed $1,800,000 0.0% $169 / Sq Ft
11/15/2024 11/15/24 For Rent $1,025 0.0% --
10/08/2024 10/08/24 Off Market $1,025 -- --
07/23/2024 07/23/24 For Sale $1,900,000 -- $178 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Source: Central Panhandle Association of REALTORS®

MLS Number: 760367

Central Panhandle Association of REALTORS®