12 Unit Multi-Family Apartment Complex - North Walton - For Sale

Real Estate Broker/Owner with Rulnick Realty, Inc.


Introducing The Highlander, 12 unit apartment complex for sale in North Walton County – DeFuniak Springs, Florida. 

Why is this is an attractive multi-family investment on the Emerald Coast?

  • 12 units
  • Built in 2000-2001
  • Original owner
  • Continual upkeep and maintenance – new parking lot, windows, paint, carpet, washers, dryers, ceiling fans replaced
  • 100% occupancy
  • All units have 2 bedrooms, 2 baths and screened porches
  • Convenient to I-10, Highway 90 and Highway 331 to South Walton, Santa Rosa Beach, Destin, Niceville, Crestview and Freeport
  • Growing town with Walmart, Lowe’s, Lake DeFuniak historic Circle DriveLeCom Dental SchoolEmerald Coast Technical College, Chautauqua Winery
  • Toll-free number and leasing website included in sale
  • Built on four acres – site has two acres available to build more units, zoned C1
  • Profitable

If you are looking for a multi-family investment on the Emerald Coast – you’ve found it.  Contact listing Broker, Wendy Rulnick, for detailed financials.

Watch the drone video.

537 North 20th Street, DeFuniak Springs, FL 32433 offered for sale for $797,500.

Wendy Rulnick, Broker, Rulnick Realty, Inc.
Call 850-650-7883 ext 204
Email Wendy: itswendy@rulnickrealty.com 


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Wendy Rulnick

"It's Wendy... It's Sold!"
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