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  4. 125 Davis Lane, Defuniak Springs, FL 32433
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125 Davis Lane
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  • MLS#: 783548 ( CommercialSale )
  • Street Address: 125 Davis Lane
  • Viewed: 6
  • Price: $5,895,000
  • Price sqft: $140
  • Waterfront: No
  • Year Built: 1984
  • Bldg sqft: 42240
  • Days On Market: 64
  • Additional Information
  • Geolocation: 30.7272 / -86.0968
  • County: WALTON
  • City: Defuniak Springs
  • Zipcode: 32433
  • Subdivision: [no Recorded Subdiv]
  • Elementary School: Maude Saunders
  • Middle School: Walton
  • High School: Walton
  • Provided by: SVN Riviera Commercial
  • DMCA Notice
  • 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.
Property Location and Similar Properties
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Similar
Features
Accessibility Features
  1. CommonArea
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Covered Spaces
  1. 0.00
Garage Spaces
  1. 0.00
High School
  1. Walton
Insurance Expense
  1. 0.00
Legal Description
  1. 1/10TH INT IN N2 OF BLK 1536 SEC 25-3N-19W LESS COM WHERE N LINE BLK 1536 INTERSECTS W ROW DAVIS LANE
  2. S
Living Area
  1. 0.00
Lot Features
  1. Landscaped
Middle School
  1. Walton
Area Major
  1. 12 - Walton County
Net Operating Income
  1. 0.00
Occupant Type
  1. Occupied
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Parcel Number
  1. 25-3N-19-19070-001-536A
Pet Deposit
  1. 0.00
Possible Use
  1. Commercial
Property Type
  1. CommercialSale
Road Frontage Type
  1. CityStreet
School Elementary
  1. Maude Saunders
Security Deposit
  1. 0.00
Sewer
  1. PublicSewer
The Range
  1. 0.00
Trash Expense
  1. 0.00
Utilities
  1. SewerAvailable
Year Built
  1. 1984
Tropic Shores Realty - Spring Hill
#cq1021318
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