872 Deer Wood Lane, Chipley, FL 32428

Listing Snapshot

About This Home

Deerwood Apartments offers a strong investment opportunity in the growing NW Florida market. Located at 872 Deerwood Lane in Chipley, this well-maintained 16-unit community sits on just over an acre and features eight 1BR/1BA units (550 sq ft) and eight 2BR/1BA units (850 sq ft). The property has received significant recent upgrades, including a new septic system, new driveway and parking lot, full exterior paint, an updated on-site laundry facility, and a 2019 roof. Inside, 8 units have been fully remodeled and 8 have been refreshed, offering a turnkey asset with durable improvements throughout. Residents enjoy convenient access to I-10, nearby shopping and dining, medical services, and Chipley's ongoing revitalization efforts. The area continues to experience steady growth along HWY 77 and increased commercial activity tied to regional employment hubs. Now offered with a strategic price adjustment, Deerwood Apartments presents exceptional value for investors seeking stability, strong rental demand, and long-term upside in a desirable Florida submarket.

General Features

Property Type

CommercialSale

Sub-type

MultiFamily

Zoning

Commercial

Security

FireSprinklerSystem

Utilities

CableAvailable

Interior Features

Flooring

Other

Heating

Electric

Cooling

WallWindowUnits

Exterior Features

Roof

Other

Community Features

MLS Area

5940 - Other Florida County

Map

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