$206,425*
●
Townhouse -
Off Market
15284 Highway 331 Business #9B
Freeport, FL 32439
2 Beds
3 Baths,
1
Half Bath
1,109 Ft²
$125,000 - $151,000
Reference Base Price*
49.58%
Since Apr 1, 2019
National-US
Primary Model
About This Property
Enjoy a respite in the 58-unit townhome neighborhood known as The
Palms of Freeport. It's not in the middle of the gridlock of
South Walton, but still only 15 minutes from the Beach and less
than 30 minutes from Seaside, and conveniently located with easy
access to Niceville, Destin and Eglin AFB. Just the right
size with two bedroom, two and a half bath home, with a Pool,
Picnic area and Playground right outside the front door. Both
bedrooms are upstairs with a bathroom each and the laundry area in
between the rooms. This home has fresh paint, new carpet
(downstairs) and a brand new HVAC (October 2018). The
community of townhomes sits amidst a Pine Forrest and is landscaped
nicely with Palms and grass.
The manager has listed the unit size as 1109 square feet.
The manager has listed the unit size as 1109 square feet.
Unit Size
1,109 Ft²
Days on Market
-
Land Size
-
Price per sqft
$124
Property Type
Townhouse
Property Taxes
-
HOA Dues
-
Year Built
-
Payment Calculator
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Cap Rate Calculator
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Monthly Property Taxes
Monthly Rental Income
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 26, 2019 | No longer available | - | |
| No longer available | |||
| Jan 27, 2019 | Listed | $138,000 | |
| Listed | |||
Property Highlights
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
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017