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    4. 125 Davis Lane, Defuniak Springs, FL 32433
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    125 Davis Lane
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    PRICED AT ONLY: $5,795,000

    Address: 125 Davis Lane, Defuniak Springs, FL 32433

    Description

    Introducing a multifamily investment opportunity in Northwest Florida! A well maintained and renovated 42,000 SF, 55 unit multifamily gem, boasting a prime location zoned for Multifamily use. Highlights Low rise/garden Current in place ASSUMABLE Freddie MAC first mortgage: Origination: March 24, 2022 Loan Amount: $3,120,000 Term: 10 yrs. Amort: 30 yrs. Rate: 3.54% CAP Rate 7.31% NOI 430,990.00 Flood Zone X Recent 2023 new metal roofs Low maintenance hard coat stucco exteriors, freshly painted in 2023 Impressive 95% occupancy rate Operating memorandum available upon request.

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    • MLS#: 783548 ( CommercialSale )
    • Street Address: 125 Davis Lane
    • Viewed: 60
    • Price: $5,795,000
    • Price sqft: $137
    • Waterfront: No
    • Year Built: 1984
    • Bldg sqft: 42240
    • Days On Market: 117
    • Acreage: 4.34 acres
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    Features
    Building and Construction
    • Covered Spaces: 0.00
    • Living Area: 0.00
    Land Information
    • Lot Features: Landscaped
    School Information
    • High School: Walton
    • Middle School: Walton
    • School Elementary: Maude Saunders
    Garage and Parking
    • Garage Spaces: 0.00
    • Open Parking Spaces: 0.00
    Utilities
    • Carport Spaces: 0.00
    • Road Frontage Type: CityStreet
    • Sewer: PublicSewer
    • Utilities: SewerAvailable
    Finance and Tax Information
    • Home Owners Association Fee: 0.00
    • Insurance Expense: 0.00
    • Net Operating Income: 0.00
    • Other Expense: 0.00
    • Pet Deposit: 0.00
    • Security Deposit: 0.00
    • Trash Expense: 0.00
    Other Features
    • Accessibility Features: CommonArea
    • Legal Description: 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
    • Area Major: 12 - Walton County
    • Occupant Type: Occupied
    • Parcel Number: 25-3N-19-19070-001-536A
    • Possible Use: Commercial
    • The Range: 0.00
    • Views: 60
    Nearby Subdivisions
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