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221 Leonardo Lane
Defuniak Springs, FL 32433

$89,000 - Status: Active
Bed Icon Beds: 2
Bath Icon Baths: 2 full
Sq Feet Icon SQFT (H&C): 924
MLS Icon MLS# 787553

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.

Property Features

MLS#: 787553
Zip: 32433
Subdivision: Oakwood Lakes
Development: 1214 - Walton - Defuniak Springs
Property Type: Residential - Mobile Home
Cooling: Window Unit(s)
Days on Site: 11
Home Style: Mobile Home
Lot Size: 0.33 acres
Taxes: $283
Year Built: 1993
SQFT (H&C): 924

Feature Descriptions

Appliances: Electric Oven, Electric Range
Community Features: Short Term Rental Allowed
Lot Description: Paved
Lot Dimensions: 85x171x85x171
Parcel#: 19-3N-19-19768-00A-0310

Room Sizes

Bedroom: 8 X 10 Level - First
Bedroom: 10 X 12 Level - First

221 Leonardo Lane | MLS# 787553

This single family home located at 221 Leonardo Lane, Defuniak Springs, FL 32433 is currently listed for sale with an asking price of $89,000. This property was built in 1993 and has 2 bedrooms and 2 full baths with 924 sq. ft. Leonardo Lane is located in the Oakwood Lakes subdivision. Search Oakwood Lakes real estate on nbeninate.beachybeach.com today.

Listed By / Shown By

Listed By

Agency Name: Keller Williams Realty Southeast Alabama

Shown By

Agent Name: Nick Beninate
Agent Phone: (850) 819-7484
Agency Title: Beachy Beach Real Estate

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/09/2026. The listing information on this page last changed on 04/09/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 04/09/2026 8:31:40 AM EST) or Emerald Coast MLS (last updated Thu 04/09/2026 8:25:25 AM EST) or Central Panhandle Association of Realtors (last updated Thu 04/09/2026 1:17:22 AM EST). Real estate listings held by brokerage firms other than Beachy Beach Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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