125 N Davis Lane, DeFuniak Springs, FL 32433
$5,579,500
Property Type:
Commercial for Sale
Lot Size (sq. ft.):
14,853,960
Status:
Active
Current Price:
$5,579,500
List Date:
3/23/2026
Last Modified:
7/23/2026
Overview
Description
Listing Details MLS# 969286
Contract Info
- GCCMLS Number
- 41977393
- Listing Board
- Emerald Coast
Location Tax and Legal
- Area
- 23 - North Walton County
- Street #
- 125
- Street Direction
- N
- Street Name
- Davis
- Street Suffix
- Lane
- State
- FL
- Zip Code
- 32433
- County
- Walton
- Parcel ID
- 25-3N-19-19070-001-536A
General Property Info
- Listed on GCCMLS
- Yes
- Vacant
- No
- Immediate Occupancy
- No
- Acreage
- 341
Income Producing
- Year Built
- 1986
- Building SqFt
- 42000
- Net Operating Income
- 428000
More Information
Multi-Family
- Building SqFt
- 42000
- # of Units
- 55
- Vacancy Rate
- 95
- Net Operating Income
- 428000
Location, Tax and Legal
- Sub Area
- 2308 - Spring Lake/Argyle
- Property Name
- Riviera Place Apts
- Legal Description
- Multiple meets & bounds: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 00 DEG 35'01''E ALG ROW 167.64 FT FOR POB,S 88 DEG 58'24''W 559.78 FT RADIUS POINT OF CUL-DE-SAC DELTA 286 DEG 15' 46'' ARC 248.81 FT TO POB. OR 399-680 OR 3003-4523 OR 3244-4375
Listing Info, Tax & Legal
- As Is
- No
Remarks & Misc
- Remarks
- Introducing a prime investment opportunity in Northwest Florida! Discover a meticulously renovated 42,000 SF, 55-unit multifamily gem, boasting a prime location zoned for Multifamily use. This property is a beacon of opportunity, with a track record of exceptional performance evidenced by its impressive 95% occupancy rate. Featuring modern amenities and thoughtful design, this low-rise/garden property represents a compelling prospect for prospective investors seeking a turnkey opportunity in the flourishing Northwest Florida market. Discover the charm and potential of the Defuniak Springs, FL area. Nestled in Northwest Florida, this locale offers a captivating blend of small-town ambiance and strategic positioning.
Class
- Income Producing
- Yes
- Multi-Family
- Yes
Construction Status
- Existing
- Yes
Property Features
Class:
Income Producing; Multi-Family
Construction Status:
Existing
Listing Office:
SVN Riviera Commercial
Last Updated: July - 23 - 2026
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.