0 FL-20
About This Property
The site is currently unimproved and classified as vacant land, offering a flexible opportunity for future development or long-term investment. The parcel is generally level and wooded, providing a natural setting while allowing for site planning and development subject to Walton County land development regulations and zoning requirements. Public utilities and commercial services are available within the growing Freeport area, which has experienced significant residential and commercial expansion in recent years.
Listed By
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 20, 2026 | Listed by FIVE STAR REALTY SERVICES, INC | $275,000 | |
| Listed by FIVE STAR REALTY SERVICES, INC | |||
| Feb 9, 2026 | In contract | - | |
| In contract | |||
| Dec 18, 2025 | Price Decreased |
$164,500
↓ $3K
(1.8%) | |
| Price Decreased | |||
| Nov 7, 2025 | Listed by Realty ONE Group Emerald Coast | $167,500 | |
| Listed by Realty ONE Group Emerald Coast | |||
| |||
|
Discover the perfect canvas for your next venture in the heart of Freeport! This .95-acre wooded lot offers both privacy and convenience, tucked just off Highway 20 with immediate access to Hwy 331, the direct route to the beaches of South Walton, shopping, dining, and everything the Emerald Coast has to offer.
With nearly an acre of untouched Florida landscape, this property is ideal for building your dream home, creating a quiet retreat, or exploring future development possibilities. Enjoy the flexibility of a spacious lot while staying by major corridors, local schools, and all of Freeport's growing amenities.
Whether you're seeking a strategic investment or a place to lay down roots, this location is hard to beat. Bring your vision to life!
| |||
| Apr 16, 2025 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017