$199,500
●
House -
Off Market
15284 331 Business Highway #12E
Freeport, FL 32439
2 Beds
2 Baths,
1
Half Bath
$1,007
Est. Monthly
About This Property
Discover Comfort and Convenience in The Palms of Freeport
Located just 15 miles from the sugar-white sands of Grayton Beach, The Palms of Freeport offers an ideal blend of coastal proximity and everyday convenience. This quiet, well-maintained community is close to schools, shopping, and local restaurants, making it a great place to call home.
This beautifully updated 2-bedroom, 2.5-bath townhome combines comfort, style, and functionality. The main level features a spacious living area with sliding glass doors that open to a private porch, a dining area, a convenient half bath, and a large storage closet.
Upstairs, you'll find two generous bedrooms filled with natural light and two full bathrooms. The primary suite offers dual closets, while the hallway provides additional storage and a washer/dryer hookup for easy access.
Recent updates include new vinyl flooring, fresh interior and exterior paint, and newer kitchen appliances. The roof (2021) and HVAC (2016) add peace of mind for years to come.
Whether you're seeking a full-time residence or a strong long-term rental investment, this charming townhome is a wonderful opportunity to enjoy the best of Freeport living just a short drive from the beaches of 30A.
Located just 15 miles from the sugar-white sands of Grayton Beach, The Palms of Freeport offers an ideal blend of coastal proximity and everyday convenience. This quiet, well-maintained community is close to schools, shopping, and local restaurants, making it a great place to call home.
This beautifully updated 2-bedroom, 2.5-bath townhome combines comfort, style, and functionality. The main level features a spacious living area with sliding glass doors that open to a private porch, a dining area, a convenient half bath, and a large storage closet.
Upstairs, you'll find two generous bedrooms filled with natural light and two full bathrooms. The primary suite offers dual closets, while the hallway provides additional storage and a washer/dryer hookup for easy access.
Recent updates include new vinyl flooring, fresh interior and exterior paint, and newer kitchen appliances. The roof (2021) and HVAC (2016) add peace of mind for years to come.
Whether you're seeking a full-time residence or a strong long-term rental investment, this charming townhome is a wonderful opportunity to enjoy the best of Freeport living just a short drive from the beaches of 30A.
Unit Size
-
Days on Market
161 days
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
-
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate
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: 6 months ago (ECAR #988389)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 9, 2026 | Sold | ||
| Sold | |||
| Mar 8, 2026 | In contract | - | |
| In contract | |||
| Feb 12, 2026 | Price Decreased |
$205,000
↓ $5K
(2.4%) | |
| Price Decreased | |||
| Oct 27, 2025 | Listed by Keller Williams Realty Destin | $210,000 | |
| Listed by Keller Williams Realty Destin | |||
Property Highlights
Air Conditioning
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Pantry, Lighting Recessed, Washer/Dryer Hookup
Appliances: Dishwasher, Disposal, Microwave, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Water Heater - Elect
Flooring Type: Floor Tile, Floor Vinyl
Rooms: 4
Exterior Details
Property Condition: Construction Complete
Architectural Style: Townhome
Year Built: 2007
Building Area Total: 1174
Construction Materials: Siding CmntFbrHrdBrd
Patio and Porch Features: Deck Open
Pool Features: Pool Type
Pool is Private
Lot Size Units: Acres
Financial Details
Tax Assessed Value: $390
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Accounting, Ground Keeping, Management, Recreational Faclty
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/27/2025
|
2 Bed
|
2 Bath
|
-
|
$210,000
2 Bed
2 Bath
|
$199,500
-5.00%
04/09/2026
|
Hope Johnson
Keller Williams Realty Destin
| |
|
07/18/2019
|
2 Bed
|
3 Bath
|
1109 ft²
|
$141,000
2 Bed
3 Bath
1109 ft²
|
$141,000
08/30/2019
|
Nathan Abbott Team
ResortQuest Real Estate Destin
| |
|
01/27/2019
|
2 Bed
|
3 Bath
|
1109 ft²
|
$138,000
2 Bed
3 Bath
1109 ft²
|
-
-
|
-
| |
|
08/23/2018
|
2 Bed
|
3 Bath
|
1109 ft²
|
-
2 Bed
3 Bath
1109 ft²
|
-
-
|
-
| |
|
08/23/2018
|
2 Bed
|
3 Bath
|
1109 ft²
|
-
2 Bed
3 Bath
1109 ft²
|
-
-
|
-
| |
|
10/15/2016
|
2 Bed
|
3 Bath
|
1109 ft²
|
$102,500
2 Bed
3 Bath
1109 ft²
|
$102,500
12/14/2016
|
Nathan Abbott Team
ResortQuest Real Estate Destin
| |
|
10/15/2016
|
2 Bed
|
3 Bath
|
1109 ft²
|
$102,500
2 Bed
3 Bath
1109 ft²
|
$102,500
01/13/2017
|
Nathan Abbott Team
ResortQuest Real Estate Destin
| |
|
08/22/2016
|
2 Bed
|
3 Bath
|
1109 ft²
|
$99,500
2 Bed
3 Bath
1109 ft²
|
$99,500
09/23/2016
|
Nathan Abbott Team
ResortQuest Real Estate Destin
| |
|
08/22/2016
|
2 Bed
|
3 Bath
|
1109 ft²
|
$105,500
2 Bed
3 Bath
1109 ft²
|
$105,500
02/16/2017
|
Nathan Abbott Team
ResortQuest Real Estate Destin
| |
|
07/01/2016
|
2 Bed
|
3 Bath
|
1109 ft²
|
$99,500
2 Bed
3 Bath
1109 ft²
|
$97,500
-2.01%
08/31/2016
|
Nathan Abbott Team
ResortQuest Real Estate Destin
| |
|
07/01/2016
|
2 Bed
|
3 Bath
|
1109 ft²
|
$97,500
2 Bed
3 Bath
1109 ft²
|
$97,500
08/15/2016
|
Nathan Abbott Team
ResortQuest Real Estate Destin
| |
|
07/01/2016
|
2 Bed
|
3 Bath
|
1109 ft²
|
$99,500
2 Bed
3 Bath
1109 ft²
|
$97,500
-2.01%
08/15/2016
|
Nathan Abbott Team
ResortQuest Real Estate Destin
| |
|
06/27/2016
|
2 Bed
|
3 Bath
|
1109 ft²
|
$97,500
2 Bed
3 Bath
1109 ft²
|
$97,500
08/24/2016
|
Nathan Abbott Team
ResortQuest Real Estate Destin
| |
|
06/20/2016
|
2 Bed
|
3 Bath
|
1109 ft²
|
$102,500
2 Bed
3 Bath
1109 ft²
|
$102,500
09/27/2016
|
Nathan Abbott Team
ResortQuest Real Estate Destin
| |
|
06/20/2016
|
2 Bed
|
3 Bath
|
1109 ft²
|
$99,500
2 Bed
3 Bath
1109 ft²
|
$99,500
09/02/2016
|
Nathan Abbott Team
ResortQuest Real Estate Destin
| |
|
11/30/-0001
|
2 Bed
|
3 Bath
|
1109 ft²
|
$137,500
2 Bed
3 Bath
1109 ft²
|
-
-
|
-
|
Building Info
About Freeport
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Hope D Johnson, Keller Williams Realty Destin
Last Updated: 6 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 988389
Last Updated: 6 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 988389
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017