537 N. 20th St.
DeFuniak Springs, FL 32433

$746,800

Property photo
Sold
Multi Family
12 Units
Lot: 4.00 acre(s)
MLS #: 786026

12 Unit Apartment Complex

12 unit apartment complex 20 minutes from Freeport Florida, one hour from Santa Rosa Beach, Florida. 100% occupancy. Newer property built in 2000-2001, upgraded and maintained. Two apartment buildings of six units each. All unites have two bedrooms, two baths. Total of 12 units. 4 acres, with 2 undeveloped acres to build more units. Asphalt parking lot repaved, windows replaced. Easy access, right off Highway 90 and Highway 331 direct to Santa Rosa Beach. Near I-10. Leases $675-$700 each. Monthly gross income $8100-$8300. Net operating income close to $60,000. Updated figures coming soon.

Property photoProperty photoProperty photoProperty photo
Map of 537 N. 20th St., DeFuniak Springs, FL 32433, USA
Wendy Rulnick

For more information contact:
Wendy Rulnick
Rulnick Realty, Inc.
Phone: (850) 259-0422
[email protected]

Company logo QR Code
Information deemed reliable, but not guaranteed.   Equal Housing Opportunity Equal Housing Opportunity