125 N Davis Lane, Defuniak Springs, FL 32433 (MLS# 783548)

125 N Davis Lane, Defuniak Springs, FL 32433

$5,795,000

Property Type: Commercial for Sale Square Footage: 42,240 Lot Size (sq. ft.): 189,050 Status: Active

Current Price: $5,795,000 List Date: 1/12/2026 Last Modified: 4/10/2026

Overview

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.

Listing Details MLS# 783548

Contract Info

List Price/SqFt: 137.19
Sub-Type: Multi-Family

Location

Area: 12 – Walton County
Street #: 125
Street Direction: N
Street Name: Davis
Street Suffix: Lane
State: FL
Zip Code: 32433
County: Walton
Sub Area: 1214 – Walton – Defuniak Springs
Subdivision: [No Recorded Subdiv]
Community/Resort: None
Waterfront: No
Parcel ID: 25-3N-19-19070-001-536A
Elementary School: Maude Saunders
Middle School: Walton
High School: Walton
Directions: 331 North, East on Hwy 90, North on Davis Ln for 1 mile. Property on the left
Legal Description: 1/10TH INT IN N2 OF BLK 1536 SEC 25-3N-19W LESS COM WHERE N LINE BLK 1536 INTERSECTS W ROW DAVIS LANE,S

General Property Info

List Class: Residential Income
Construction Status: Construction Complete
Acreage: 4.34
Frontage Ft: 330
Lot Depth: 654
Lot SqFt: 189050
SqFt Tot Bldg: 42240
Year Built: 1984

Multi-Family

Year Built: 1984
Building SqFt: 42000
# of Units: 55
Price P/Unit: 107181.82
Actual Gross Income: 649314
Expenses: 218324
Net Operating Income: 430990
Cap Rate: 7.31

Listing Info, Tax and Legal

HOA Fee: No

More Information

Remarks & Misc

Remarks: 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.

Present Zoning

City: Yes
Resid Multi-Family: Yes

Association Amenities

Laundry: Yes

Project Facilities

No Short Term Rental: Yes
Security-None: Yes

Utilities

All Utilities: Yes
Public Sewer – Connected: Yes
Water Connected: Yes

Accessibility Features

Common Area: Yes

Sale Type

As Is: Yes
Other – See Remarks: Yes

Floors in Unit/Home

One: Yes

Offering Type

Good Will: Yes
Real Estate: Yes
Sale Only: Yes

Site Description

Landscaped: Yes

Transport. Access

2-Lane: Yes
City Road: Yes

Property Features

Accessibility Features: Common Area Offering Type: Good Will; Real Estate; Sale Only Present Zoning: Resid Multi-Family Project Facilities: No Short Term Rental; Security-None Sale Type: As Is; Other – See Remarks Site Description: Landscaped Utilities: All Utilities; Public Sewer – Connected; Water Connected

Listing Office: SVN Riviera Commercial

Last Updated: April – 10 – 2026

Information deemed reliable but not guaranteed.