872 Deerwood Ln Chipley, FL 32428
Estimated payment $11,608/month
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!
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
Map
Home Values in the Area
Average Home Value in this Area
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®
MLS Number: 760367

- xxx Kirkland Rd
- xxx Kirkland Rd Unit Lot 4
- xxx Kirkland Rd Unit Lot 3
- 000 Oswald Gilbert Dr
- 1502 Kirkland Rd
- 1026 Florida 277
- TBD Nearing Hills Cir
- 788 Hoyt St
- 1701 Nearing Hills Cir
- 0 Maple St
- 807 Maple St
- 777 West Blvd
- XXX Sinclair St
- 0 Dalton St
- 871 2nd St
- 1331 Main St
- 1370 Jackson Ave
- 1217 Main St
- 748 3rd St
- 1229 Harrison Ave