Lot 2 & 3 Pitts Bayshore Drive
About This Property
Tucked away on a quiet road shaded by towering live oaks, this cleared lot offers more than just land-it offers a way of life. From your future front porch, you'll gaze out across the tranquil waters of Jolly Bay, where every sunrise dances on the ripples and every sunset paints the sky in soft golds and fiery reds.
Just steps away, the bay invites you to slow down and savor the moment. Launch your kayak for a peaceful paddle through still waters, cast a fishing line from the shore, or simply sit with your toes in the sand and watch the tide roll in. The community's rare bay access, right across the street, is your gateway to quiet mornings and starlit evenings on the water. This lot has the water tap paid and in. Sewer avail. through City Here, nature sets the pace, but you're never far from the conveniences of life. Just minutes away, the City of Freeport offers small-town charm, while the white sand beaches of 30A and the vibrant energy of the Emerald Coast are only a short drive from your doorstep.
No HOA. No flood insurance required. Utilities at the road. All that's missing is your vision for a custom home or investment retreat that embraces the rhythm of bay life.
This isn't just property...it's a place where the water calls, the trees whisper, and life moves with the gentle flow of the tides.
***All dimensions shown in listings, plat and/or photos are approximate only. Buyer will be responsible to complete due diligence to ensure accuracy of all information.
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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 |
|---|---|---|---|
| Jan 9, 2026 | Price Decreased |
$239,900
↓ $49K
(17%) | |
| Price Decreased | |||
| Sep 1, 2025 | Listed by Coldwell Banker Realty | $289,000 | |
| Listed by Coldwell Banker Realty | |||
| Aug 4, 2025 | Listed | $150,000 | |
| Listed | |||
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A Bay View Retreat Waiting to Be Discovered
Tucked away on a quiet road shaded by towering live oaks, this cleared lot offers more than just land—it offers a way of life. From your future front porch, you'll gaze out across the tranquil waters of Jolly Bay, where every sunrise dances on the ripples and every sunset paints the sky in soft golds and fiery reds.
Just steps away, the bay invites you to slow down and savor the moment. Launch your kayak for a peaceful paddle through still waters, cast a fishing line from the shore, or simply sit with your toes in the sand and watch the tide roll in. The community's rare bay access, right across the street, is your gateway to quiet mornings and starlit evenings on the water. This lot has the water tap paid and in, but not sewer. Sewer tap Here, nature sets the pace, but you're never far from the conveniences of life. Just minutes away, the City of Freeport offers small-town charm, while the white sand beaches of 30A and the vibrant energy of the Emerald Coast are only a short drive from your doorstep.
No HOA. No flood insurance required. Utilities at the road. All that's missing is your vision for a custom home or investment retreat that embraces the rhythm of bay life.
This isn't just property...it's a place where the water calls, the trees whisper, and life moves with the gentle flow of the tides.
***All dimensions shown in listings, plat and/or photos are approximate only. Buyer will be responsible to complete due diligence to ensure accuracy of all information.
Taxes based on both Lot 2 & Lot 3 combined and will be separated at closing.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017