872 Deer Wood Lane
FL
Listing courtesy of Luxe Coastal Realty Group LLC (Marcy L O'Donnell). Contact: [email protected].
About this property
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.
Property facts
- Sqft
- 10,037
- Year Built
- 1982
- Location
- FL 32428
- FEMA flood zone
- Zone X, minimal risk
- Ground elevation
- 96.1 ft
- Hurricane evacuation zone
- Not in a designated evacuation zone
Sources: FEMA National Flood Hazard Layer (panel 12133C0065D, effective 2011-07-04), USGS 3DEP, Florida Division of Emergency Management. Checked 2026-10-16. Public map data looked up at this location, not a survey or an insurance quote. Confirm with an elevation certificate, the county and your insurer.
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Interested in this property?
Contact Anthony Conners at Atlantic Commercial Advisors to schedule a showing or learn more.
Listing data courtesy of Miami REALTORS® / Southeast Florida MLS. This site is operated by Anthony Conners, Atlantic Commercial Advisors, KW Commercial. Atlantic Commercial Advisors is not the listing broker unless stated.
Listing data last updated Sep 8, 2026, 6:07 PM ET.
Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS.
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