0000 Veterans Lane
About This Property
13 minutes to Freeport
Space. Freedom. Shoot your gun... have a goat. Play your harmonica and build an avalanche of water from your well so you can shower outside.
SURVEY is included under documents.
Or if your buyer wants a home look no further BEST Priced home in Freeport 6200 Sq feet on 3 ACRES 79.00 /ft or over 200/ft to build. She's a very comfortable fixer upper. Build your dream home on this beautiful 4 acre parcel located on Veterans Lane in Freeport, Florida. Offering a peaceful setting with plenty of space and privacy, this vacant residential property provides the perfect opportunity to create a private estate, weekend retreat, or future investment. Surrounded by the natural beauty of Walton County, the property offers a quiet atmosphere while still being conveniently located near Freeport, the beaches of South Walton, shopping, dining, and outdoor recreation. Create an estate, workshop, outdoor living space, or additional improvements. Whether you're looking to build now or hold for future value, this property offers flexibility and potential in one of Northwest Florida's growing areas. Buyer to verify all information, zoning, land use, utilities, and building requirements.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 24, 2026 | Price Decreased |
$179,500
↓ $8K
(4.3%) | |
| Price Decreased | |||
| Sep 19, 2026 | Price Decreased |
$187,500
↓ $2K
(0.8%) | |
| Price Decreased | |||
| Sep 15, 2026 | Price Decreased |
$189,000
↓ $10K
(5%) | |
| Price Decreased | |||
| Aug 27, 2026 | Listed by The Premier Property Group Seacrest Office | $199,000 | |
| Listed by The Premier Property Group Seacrest Office | |||
| Jan 7, 2026 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017