221 Leonardo Lane, Defuniak Springs, FL 32433 - Photo 1

1/1

$55,000

Sold
Closed
Mobile Home
2 Beds
2 Full Baths

1/1

Property Description

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.

Full Property Details

Full Property Details for 221 Leonardo Ln

General

Sold For: $55,000
Taxes: $283 (2025)
Status: Closed
Type: Mobile Home
Source: Bay_County
MLS ID: 787553
Added to Site: 38 day(s) ago

Interior

Number of Rooms: 2
Appliances: Electric Oven, Electric Range

Rooms

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 2

Bedrooms

Total Bedrooms: 2

Location

County: Walton
Subdivision: Oakwood Lakes
Driving Directions: From 0'Reillys auto parts in Defuniak Springs. Head toward 21st St. Continue to follow US-90 W. Turn right onto Smith Rd. Turn left onto Lennando Ln/Leonardo Ln. Destination will be on the right

Community

Community Name: 12 - Walton County

Heating & Cooling

Air Conditioning: Yes
Cooling Type: Window Unit(s)

Structural Information

Architectural Style: Mobile Home
Sq. Ft. Source: Appraiser
Year Built: 1993

Additional Structures

Other Structures: Shed(s)

Lot Features

Lot Size (Acres): 0.33
Lot Size (Sq. Ft.): 14,375
Lot Size: .33
Lot Dimensions: 85 x 171 x 85 x 171
Lot Features: Paved
Zoning: Mobile Home

Financial Considerations

Tax Amount: $283
Tax Year: 2025

Disclosures and Reports

Legal Description: LOTS 31 & 32 BLK A OAKWOOD LAKES ESTATES UNIT 7 OF OAKWOOD HILLS PB 5-9 OR 3002-549 OR 3079-4888 OR 3105-2508
Property ID: 19-3N-19-19768-00A-0310

Listed by Keller Williams Realty Southeast Alabama
Sold by Non-Member Office

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— 221 Leonardo Ln —

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Schools

Schools serving 221 Leonardo Ln

School District:Walton County School District

Name	Grades	Distance
Mossy Head School 13270 U.S. 90, DeFuniak Springs, FL 32433	PK-5	9.5 mi
Walton Middle School 605 Bruce Avenue, DeFuniak Springs, FL 32435	6-8	4.3 mi
Walton High School 449 Walton Road, DeFuniak Springs, FL 32433	9-12	2.9 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 221 Leonardo Ln

Date

Details

Price

Change

Source

6/16/2026

Sold

$55,000

-15.38%

MLS

5/19/2026

Price Reduced

$64,999

-7.14%

MLS

5/06/2026

Price Reduced

$69,999

-16.67%

MLS

4/27/2026

Price Reduced

$84,000

-5.62%

MLS

3/28/2026

Listed

$89,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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221 Leonardo Lane, Defuniak Springs, FL 32433 (MLS# 787553) is a Mobile Home property that was sold at $55,000 on June 16, 2026. Want to learn more about 221 Leonardo Lane? Do you have questions about finding other Mobile Home real estate for sale in Defuniak Springs? You can browse all Defuniak Springs real estate or contact a Coldwell Banker agent to request more information.

221 Leonardo Ln Defuniak Springs, FL 32433