$1,736,622
●
House -
In Contract
Lot 10 Shimmer Circle
Freeport, FL 32439
5 Beds
4 Baths,
1
Half Bath
3,502 Ft²
$8,615
Est. Monthly
About This Property
Gorgeous home on oversized lot within prestigious community of
Reflection at Hammock Bay. Built by award winning local
builder this home features 5 bedrooms, 4 1/2 baths, game room, 4
car garage and a pool. Details at every corner include custom
built ins for the study. Wood floors throughout.
Furniture grade cabinets in the kitchen and all bathrooms.
Kitchen ammenities like gourmet range, convection microwave,
Cambria quartz counter tops, full size refrigerator and full size
freezer built in. Farmhouse sink. Custom built mud
bench in mud room. Free standing tub and walk in shower with
frameless glass in master bedroom. 10' ceilings and solid
core doors downstairs. Full summer kitchen on rear covered
porch and lush landscaping. Its a must see.
Unit Size
3,502 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$496
Property Type
House
Property Taxes
$87
HOA Dues
-
Year Built
-
Listed By
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100% Occupancy
N/A (extreme outlier) 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.
Last updated: 5 months ago (ECAR #991766)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 23, 2025 | Listed by Randy Wise Realty LLC | $1,736,622 | |
| Listed by Randy Wise Realty LLC | |||
Property Highlights
Garage
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Oversized
Garage Spaces: 4
Interior Details
Half Bathrooms: 1
Full Bathrooms: 4
Interior Features: Kitchen Island, Pantry, Built-In Bookcases, Ceiling Crwn Molding, Fireplace, Lighting Recessed, Walls Wainscoting
Appliances: Dishwasher, Ice Maker, Refrigerator, Wine Refrigerator, Gas Water Heater, Auto Garage Door Opn, Refrigerator W/IceMk, Security System, Smoke Detector, Stove/Oven Gas, Warranty Provided, Water Heater - Tnkls
Flooring Type: Floor Hardwood, Floor Tile
Rooms: 7
Has Fireplace
Fireplace Features: Fireplace Gas, Fireplace
Exterior Details
Square Footage: 3502
Property Condition: Under Construction
Architectural Style: Craftsman Style
Year Built: 2026
Building Area Total: 3502
Window Features: Window Treatmnt Some
Construction Materials: Brick, Frame
Patio and Porch Features: Patio Covered
Pool Features: Pool - In-Ground, Pool Type
Pool is Private
Lot Features: Sidewalk
Lot Size Area: 0.36
Lot Size Units: Acres
Lot Size Acres: 0.36
Lot Size Square Feet: 15681.6
Lot Size Dimensions: 52x150x161x151
Financial Details
Tax Assessed Value: $810
Tax Annual Amount: $1,045
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
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About Freeport
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Listed by: David C Mitchell, Randy Wise Realty LLC
Last Updated: 5 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 991766
Last Updated: 5 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 991766
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