We are proud to offer this fantastic 5.39-acre development opportunity located in the heart of one of Floridas fastest growing cities. The city of Freeport - only 15 miles from the Gulf of Mexico - has worked diligently to keep the fast-paced growth compatible with the spirit of a small town. Zoned Residential / Commercial, the land uses are vast, with options ranging from apartment complexes to government buildings, hospitals, storage facilities, restaurants or retail! Presently, two properties have income-earning potential for your benefit. In addition, a usable woodworking shed and plenty of storage space convey. This 5.39-acre parcel comprises two lots, one 5.15 and the other .24 acres. This .24 acre parcel is being priced and sold with a larger 5.15 acre parcel MLS# 959174.
Property Details
Property Features
Listing Office:
Office Name: Ocean Reef Realty Inc
Office Email: ttaylor@oceanreefresorts.com
Listing Agent: Chris Taylor
Exterior Features
Exterior Information:
Private Pool: No
Lot Features
Lot Information:
Lot: Additional Land
Lot Size: 5.39 Acres
Other
Directions Information:
Directions: Traveling along SR 20 (Main Street) In Freeport, Head North along BUS 331 (Circle K) intersection. Travel .8 miles and the property will be on your left across from Freeport Elementary School.
Price Information
Listing Price Info
Price Summary:
List Price: $1,299,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Freeport, FL.
This property is $909K more than the Median Sold Price in Freeport, FL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Emerald Coast Association of REALTORS®
MLS Number: #959175
Listing Office:
Office Name: Ocean Reef Realty Inc
Office Email: ttaylor@oceanreefresorts.com
Listing Agent: Chris Taylor
Information Deemed Reliable but not guaranteed. The information being provided is 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. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2024. All rights reserved. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/18/2024, 9:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$6,551
Per Month
Principal & Interest
$6,484
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$3,961
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Freeport Elementary School
15381 US Highwayy 331 S
Distance between this listing and this school0.76 miles
Public District Grades PK-5
7
/10
Dune Lakes Elementary School
6565 US Highway 98 E
Distance between this listing and this school9.16 miles
Public District Grades KG-5
8
/10
Van R. Butler Elementary School
6694 W County Highway 30A
Distance between this listing and this school12.06 miles
Public District Grades KG-5
Nearby Schools
6
/10
Freeport Middle School
360 Kylea Laird Dr
Distance between this listing and this school0.23 miles
Public District Grades 6-8
6
/10
Emerald Coast Middle School
4019 US Highway 98 E
Distance between this listing and this school9.76 miles
Public District Grades 6-8
5
/10
Walton Middle School
605 Bruce Ave
Distance between this listing and this school14.84 miles
Public District Grades 6-8
Nearby Schools
8
/10
Freeport High School
12615 331 Business
Distance between this listing and this school3.33 miles
Public District Grades 9-12
7
/10
South Walton High School
645 Greenway Trl
Distance between this listing and this school8.71 miles
Public District Grades 9-12
10
/10
Seaside Neighborhood School
10 Smolian Cir
Distance between this listing and this school12.29 miles
The neighbors living near this home have an average income of $41,923. The most common annual income of people living in Freeport, FL is between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About TBD 331 Business
What is the listing price of this property?
The listing price of TBD 331 Business property is $1,299,000.
What type of property is this?
The property TBD 331 Business is land located in Freeport, Florida, 32439.
Is this property for sale now?
Active Listing: TBD 331 Business is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at TBD 331 Business in Freeport, FL and zip code 32439. This home sits on a 5.39 acre lot. It has been listed on Rocket Homes since September 15, 2024 and is currently priced at $1,299,000.
Freeport, FL housing market in October 2024 saw over 1 listings sold above listed price, more than 11 sold at listed price and over 10 sold below. The number of homes for sale in Freeport, FL increased by 0.9% between September 2024 and October 2024. The median list price of listings available in October 2024 was $389,998, while the average time on the real estate market was 72 days.
From Rocket Homes Real Estate and based on county public records data.