FL > Defuniak Springs > [No Recorded Subdiv]
Defuniak Springs, FL 32433,125 N Davis LN
Defuniak Springs, FL 32433,125 N Davis LN
Defuniak Springs, FL 32433,125 N Davis LN
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$5,895,000
Est. payment /mo
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42,240 SqFt
New

125 N Davis LN Defuniak Springs, FL 32433

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Randall Fisher

Randall Fisher

+1(850) 249-2050

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 42,240 sqft

Price per Sqft $139

Subdivision [No Recorded Subdiv]

MLS Listing ID 783548

HOA Y/N No

Year Built 1984

Lot Size 4.340 Acres

Acres 4.34

Property Sub-Type Multi Family

Property 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.

Location

State FL

County Walton

Area 12 - Walton County

Interior

Fireplace No

Exterior

Utilities Available Sewer Available

Accessibility Common Area

Private Pool No

Building

Lot Description Landscaped

Sewer Public Sewer

Schools

Elementary Schools Maude Saunders

Middle Schools Walton

High Schools Walton

Others

Tax ID 25-3N-19-19070-001-536A

Security Features None

Special Listing Condition Listed As-Is, Other

Listed by SVN Riviera Commercial

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Randall Fisher

Randall Fisher

Broker | BDBK644509

+1(850) 249-2050

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125 N Davis LN

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