Property Attributes
- MLS#1004225
- TypeSingle Family
- Listing Status Active
- CountyWalton
- CityFreeport
- AreaFreeport
- NeighborhoodN-A
- Zip32439
- StyleCraftsman Style
- Year Built2012
- Taxes$ 2221
- Price$ 849,000
- Bedrooms4
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1200
- Lot Size0.55 Acres
Data Source:
Emerald Coast MLS (ECAR)
Property Description
Prime Investment Opportunity! Discover a rare and versatile investment property in the heart of Freeport, Florida! This unique offering features a beautifully updated 4 bedroom, 2 bathroom home paired with exceptional income generating potential. The main residence boasts modern updates, comfortable living spaces, and a fully fenced backyard, perfect for privacy and outdoor enjoyment. Beyond the home, the property truly shines with its rear access and flexible mixed use potential. Currently utilized for food truck operations and complemented by a 2-bay warehouse space, this setup creates multiple streams of revenue. All units are currently leased, producing an impressive $9,500 per month in combined rental income, making this a turnkey opportunity for investors seeking immediate cash flow. Strategically located adjacent to Highway 331 South, the property offers high visibility and easy access, while still being just a short 15-minute drive to the white sand beaches of South Walton. Enjoy proximity to the renowned shopping, dining, art, and entertainment along scenic Highway 30A. Whether you're looking to expand your investment portfolio or secure a mixed-use property in a rapidly growing area, this one checks all the boxes. HVAC replaced, new washer/dryer, new grinder pump.
| Elementary School | Middle School | High School |
|---|---|---|
| Freeport Elementary School | Freeport Middle School | Freeport High School |
| Price History | |
|---|---|
| 5/29/2026 | Listed $899,000 |
| 7/11/2026 | 6$849,000 |
General Features
| Utilities | Electric |
|---|---|
| Zoning | Resid Single Family |
| Property Subtype | Detached Single Family |
| County | Walton |
| Property Type | Residential |
| Subdivision Name | N/A |
| Status | Active |
| Directions | From the intersection of Hwy 331S and Hwy 20, travel south down Hwy 331 towards Santa Rosa Beach. Lowery Road will be on the right and the property is at the corner so you will see along Hwy 331, behind a privacy fence. Driveway is on Lowery Rd. |
| High School | Freeport |
| City | Freeport |
| MLS Area | 20 - Freeport |
| Lot Size Units | Acres |
| Lot Size Square Feet | 23958 |
| Elementary School | Freeport |
| Middle/Junior High School | Freeport |
| MLS Area Minor | 2005 - S. of 20 to Hwy 331 |
| Standard Status | Active |
| Sewer | Public Sewer,Septic Tank |
| Heating | Central |
| Cooling | Ceiling Fans,Central Air |
| Patio/Porch Features | Porch |
| Architectural Style | Craftsman Style |
| Construction Materials | Frame,Roof Pitched,Siding Vinyl |
| Year Built | 2012 |
| Stories Count | 1 |
| Tax Year | 2025 |
| New Construction | false |
| Total Rooms | 6 |
| Carport Y/N | false |
| Property Condition | Construction Complete |
Interior Features
| Total Baths | 2 |
|---|---|
| Interior Amenities | Washer/Dryer Hookup |
| Flooring | Floor Vinyl |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Furnished Y/N | Furnished - None |
Exterior Features
| Lot Features | Corner,Easements,Survey Available |
|---|---|
| Lot Size Area | 0.55 |
| Lot Dimensions | 75' x 221' x 105' x 232' |
| Lot Size Acres | 0.55 |
| Road Frontage Type | County Road |
| Exterior Amenities | Fenced Back Yard |
| Fencing | Fenced Lot-Part |
| Foundation Details | Slab |
| Building Area Total | 1200 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 32439
In The Neighborhood
Freeport
$ 200,000
- Type
- Single Family
- Size
- 1,305 SqFt
- Rooms
- 3 Beds + 1 Baths
Crestview
$ 159,900
- Type
- Single Family
- Size
- 966 SqFt
- Rooms
- 2 Beds + 1 Baths
Crestview
$ 159,900
- Type
- Single Family
- Size
- 966 SqFt
- Rooms
- 2 Beds + 1 Baths
Crestview
$ 159,900
- Type
- Single Family
- Size
- 966 SqFt
- Rooms
- 2 Beds + 1 Baths
Other
$ 219,900
- Type
- Single Family
- Size
- 1,592 SqFt
- Rooms
- 2 Beds + 2 Baths
Freeport
$ 1,699,000
- Type
- Single Family
- Size
- 1,872 SqFt
- Rooms
- 2 Beds + 2 Baths
Santa Rosa Beach
$ 379,000
- Type
- Single Family
- Size
- 1,080 SqFt
- Rooms
- 2 Beds + 2 Baths
Florala
$ 209,900
- Type
- Single Family
- Size
- 1,650 SqFt
- Rooms
- 3 Beds + 1.5 Baths
Laurel Hill
$ 451,379
- Type
- Single Family
- Size
- 1,500 SqFt
- Rooms
- 3 Beds + 2 Baths
Panama City Beach
$ 4,500,000
- Type
- Single Family
- Size
- 3,735 SqFt
- Rooms
- 6 Beds + 6.5 Baths
Westville
$ 399,900
- Type
- Single Family
- Size
- 1,628 SqFt
- Rooms
- 3 Beds + 2 Baths
Santa Rosa Beach
$ 799,000
- Type
- Single Family
- Size
- 3,197 SqFt
- Rooms
- 4 Beds + 4.5 Baths
Panama City
$ 330,000
- Type
- Single Family
- Size
- 1,804 SqFt
- Rooms
- 4 Beds + 3 Baths
Emerald Coast Association of REALTORS®, Inc. 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 consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
Navarre Area Board of Realtors® 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 consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested