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 PROPERTY 221 Leonardo Lane, Defuniak Springs, FL 32433, MLS#787553 - Residential
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Hardeep Kumar Yh

HR Moon Homes
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  4. 221 Leonardo Lane, Defuniak Springs, FL 32433
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221 Leonardo Lane
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PRICED AT ONLY: $89,000

Address: 221 Leonardo Lane, Defuniak Springs, FL 32433

Description

Tenant occupied and already generating income, this 2 bedroom, 2 bathroom manufactured home is a turnkey investment opportunity in DeFuniak Springs. Situated on a spacious 0.33 acre lot, the property offers immediate cash flow with a paying tenant already in place perfect for investors looking to step into a ready to go rental. With no HOA and flexible use options, you can continue as a long term rental, make future improvements, or explore short term rental potential, as Walton County allows STRs. The property also includes a large covered structure, providing added storage and functionality. Conveniently located near shopping and dining, and just approximately 30 minutes from Choctawhatchee Bay, you're also under an hour from the white sand beaches of Destin and 30A. An added bonus the neighboring property at 241 Leonardo Ln is also available for purchase, offering a rare opportunity to own two adjacent income producing properties. Buyer/Buyer's agent to satisfy themselves to all pertinent information regarding the property.

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  • MLS#: 787553 ( Residential )
  • Street Address: 221 Leonardo Lane
  • Viewed: 26
  • Price: $89,000
  • Price sqft: $96
  • Waterfront: No
  • Year Built: 1993
  • Bldg sqft: 924
  • Bedrooms: 2
  • Total Baths: 2
  • Full Baths: 2
  • Days On Market: 19

Description

Tenant occupied and already generating income, this 2 bedroom, 2 bathroom manufactured home is a turnkey investment opportunity in DeFuniak Springs. Situated on a spacious 0.33 acre lot, the property offers immediate cash flow with a paying tenant already in place perfect for investors looking to step into a ready to go rental. With no HOA and flexible use options, you can continue as a long term rental, make future improvements, or explore short term rental potential, as Walton County allows STRs. The property also includes a large covered structure, providing added storage and functionality. Conveniently located near shopping and dining, and just approximately 30 minutes from Choctawhatchee Bay, you're also under an hour from the white sand beaches of Destin and 30A. An added bonus the neighboring property at 241 Leonardo Ln is also available for purchase, offering a rare opportunity to own two adjacent income producing properties. Buyer/Buyer's agent to satisfy themselves to all pertinent information regarding the property.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 0.00
  • Other Structures: Sheds
Land Information
  • Lot Features: Paved
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Utilities
  • Carport Spaces: 0.00
  • Cooling: WindowUnits
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
  • Tax Year: 2025
  • Trash Expense: 0.00
Other Features
  • Appliances: ElectricOven, ElectricRange
  • Legal Description: LOTS 31 & 32 BLK A OAKWOOD LAKES ESTATES UNIT 7 OF OAKWOOD HILLS PB 5-9 OR 3002-549 OR 3079-4888 OR 3105-2508
  • Area Major: 12 - Walton County
  • Occupant Type: Occupied
  • Parcel Number: 19-3N-19-19768-00A-0310
  • Style: MobileHome
  • The Range: 0.00
  • Views: 26
Nearby Subdivisions
[no Recorded Subdiv]   Juniper Lake   No Named Subdivision   Oakwood Lakes   Ten Lakes Estates  

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Hardeep Kumar Yh

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