125 N Davis Lane
DeFuniak Springs, FL 32433
$5,579,500
Active
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.
Listing details MLS# 969286
Location, Tax and Legal
- Area
- 23 - North Walton County
- Sub area
- 2308 - Spring Lake/Argyle
- County
- Walton
- Parcel ID
- 25-3N-19-19070-001-536A
- Legal description
- Multiple meets & bounds:1/10TH INT IN N2 OF BLK 1536 SEC 25-3N-19W LESS COM WHERE N LINE BLK 1536 INTERSECTS W ROW DAVIS LANE,S 00 DEG 35'01''E ALG ROW 167.64 FT FOR POB,S 88 DEG 58'24''W 559.78 FT RADIUS POINT OF CUL-DE-SAC DELTA 286 DEG 15' 46'' ARC 248.81 FT TO POB. OR 399-680 OR 3003-4523 OR 3244-4375
General Property Info
- Property type
- Commercial for Sale
- Acreage
- 341
- Lot size (sq ft)
- 14853960
- New construction
- No
- Condition
- Existing
Remarks and Misc
- Directions
- Hwy 331 north to Hwy 90, head east. North Davis lane about a mile past the courthouse on north side of HWY90
