NEW
- MLS® #: RX-11145666
- 872 Deer Wood Lane
- Chipley, FL 32428
- $1,638,000
- 10,037 SqFt, 1.27 Acres
- Business
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.
View Virtual TourEssential Information
- MLS® #RX-11145666
- Price$1,638,000
- CAD Dollar$2,268,317
- UK Pound£1,229,697
- Euro€1,407,486
- Square Footage10,037
- Acres1.27
- Year Built1982
- TypeBusiness
- Sub-TypeOther
- StyleFree Standing
- StatusNew
Community Information
- Address872 Deer Wood Lane
- Area5940
- CityChipley
- CountyWashington
- StateFL
- Zip Code32428
Interior
- AppliancesBuilding and Land
- HeatingElectric
- CoolingWall-Win A/C
- # of Stories2
Exterior
- Lot DescriptionDeerwood Apartments
- RoofOther
- Office: Luxe Coastal Realty Group Llc
Property Location
872 Deer Wood Lane on www.jupiteroceanfronthomes.us
Offered at the current list price of $1,638,000, this home for sale at 872 Deer Wood Lane features bedrooms and 0 bathrooms. This real estate listing is located in of Chipley, FL 32428 and is approximately 10,037 square feet. 872 Deer Wood Lane is listed under the MLS ID of RX-11145666 and has been available through www.jupiteroceanfronthomes.us for the Chipley real estate market for 4 days.
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Listing information last updated on December 9th, 2025 at 3:30pm CST.