Chipley, FL Homes For Sale | BHHS Florida Realty
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Chipley FL Real Estate & Homes for Sale

1 Properties Found

The median home value in Chipley, FL is $75,000. This is lower than the county median home value of $131,000. The national median home value is $308,980. The average price of homes sold in Chipley, FL is $75,000. Approximately 55% of Chipley homes are owned, compared to 30% rented, while 15% are vacant. Chipley real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Chipley real estate agent to arrange a tour today!
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Lot size:
17.53 Acres
Year built:
A broker reciprocity listing Courtesy: DALTON WADE INC, 888-668-8283
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This is a really nice park and five minutes to the city of Chipley. Located between Bonifay and Marianna on I-10. It's a 45 minutes drive to Panama City Beach. Park is in a rural setting on 18 acres mol. Ability to add more homes on this large piece of property would obviously create an even better investment. Seller has 12 of the 17 units rented. Seller just remodeled another five units. Pro forma in six months after five more remodels is going to be approximately $200k. There are basically no utility bills with five wells and each unit on its own separate septic for sewer. Tenants pay electric. The residents that live here like this property because it's large, quiet and peaceful. There is a severe shortage of good housing in this area. Possible owner carry with 500k down. Actual cap rate is 8% and climbing. Only would consider financing with 500 down. Serious only please. Nice home at 781 Brickyard is included in sale of property. RV spaces may be allowed here.

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