872 Deerwood Lane, Chipley 32428 (Active)
Listing Information
| Property Type: Commercial Sale |
| MLS #: | 990830 | Price: | $1,575,000.00 | Year Built: | Not available | Square Feet: | Not available | Bedrooms: | Not available | Bathrooms: | Not available |
| HOA Fees: | Not available | Lot Size: | Not available | Lot Dimensions: | Not available |
Subdivision: Not available
Description:
Now offered at a significantly improved price, Deerwood Apartments presents a compelling value-add opportunity in Northwest Florida. Located at 872 Deerwood Lane in Chipley, this well-maintained 16-unit community sits on just over one acre and features a balanced unit mix of eight 1BR/1BA units (550 SF) and eight 2BR/1BA units (850 SF). The property has benefited from substantial capital improvements, including a new septic system, new driveway and parking lot, full exterior repaint, updated on-site laundry facility, and a 2019 roof. Eight units have been fully renovated with the remaining units refreshed, providing a largely turnkey asset with durable, investor-friendly upgrades.
Photos
Features
Not availableCommercial Features
| Multi-Family Number of Units: 16 |
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This listing provided courtesy of Luxe Coastal Realty.
This information was last updated on 2/3/2026 4:04:26 AM.
All information in this listing is approximate. Buyers are expected to verify any specific information prior to signing any contract. Neither Brandon Jordan, ERA American Real Estate, ECAR, nor any other Realtor is liable for any inaccuracies herein.
All listings are provided courtesy of the Emerald Coast Association of Realtors, copyright 2026. All rights reserved.
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