221 Leonardo Lane, Defuniak Springs, FL 32433
Local realty services provided by:Better Homes and Gardens Real Estate Historic
221 Leonardo Lane,Defuniak Springs, FL 32433
$89,000
- 2 Beds
- 2 Baths
- 924 sq. ft.
- Mobile / Manufactured
- Active
Listed by: kelly l smith
Office: keller williams realty southeast alabama
MLS#:787553
Source:FL_BCMLS
Price summary
- Price:$89,000
- Price per sq. ft.:$96.32
About this home
Tenant-occupied and already generating income, this 2-bedroom, 2-bathroom manufactured home is a turnkey investment opportunity in DeFuniak Springs. Situated on a spacious 0.33-acre lot, the property offers immediate cash flow with a paying tenant already in place--perfect for investors looking to step into a ready-to-go rental.
With no HOA and flexible use options, you can continue as a long-term rental, make future improvements, or explore short-term rental potential, as Walton County allows STRs. The property also includes a large covered structure, providing added storage and functionality.
Conveniently located near shopping and dining, and just approximately 30 minutes from Choctawhatchee Bay, you're also under an hour from the white sand beaches of Destin and 30A.
An added bonus--the neighboring property at 241 Leonardo Ln is also available for purchase, offering a rare opportunity to own two adjacent income-producing properties.
Buyer/Buyer's agent to satisfy themselves to all pertinent information regarding the property....
Contact an agent
Home facts
- Year built:1993
- Listing ID #:787553
- Added:1 day(s) ago
- Updated:March 30, 2026 at 08:38 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:2
- Kitchen Description:Electric Oven, Electric Range
- Living area:924 sq. ft.
Heating and cooling
- Cooling:WindowUnits
Structure and exterior
- Year built:1993
- Building area:924 sq. ft.
- Lot area:0.33 Acres
- Architectural Style:Mobile Home
Finances and disclosures
- Price:$89,000
- Price per sq. ft.:$96.32
- Tax amount:$283 (2025)
Features and amenities
- Amenities:ElectricOven, ElectricRange
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