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Freeport 32439
209 Harmony Way
$925,000
● House - Off Market

209 Harmony Way

Freeport, FL 32439
bedrooms
3 Beds
bathrooms
3 Baths
$5,092
Est. Monthly
$186
HOA / Fees
2.17%
Cap Rate

About This Property

BEST BUY in Hammock Bay! 3 BDR, 3 BATH, w/DEN that could become a 4th BDR, home includes: a light interior, luxurious details, large covered screened porch (11X32) that encompasses an incredible POOL/HOTTUB surrounded by a paver patio overlooking the private, wooded area of one of the LARGEST LOTS in Hammock Bay (.92 acre).  Plank flooring, granite and quartz countertops, crown molding, recessed and custom lighting, 10 ' ceilings throughout, tankless water heater, tile showers, garden tub, his/her custom closets, custom cabinetry, gas cooktop, dbl ovens, 6X11 oversized island w/shiplap detail.  Exterior features: brick/hardiplank, gutters, professional landscaping, irrigation system w/ well, large 2 car garage, tongue and groove porch ceilings and whole house Generac generato
Unit Size
-
Days on Market
146 days
Land Size
0.92 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
$186
Year Built
-

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Cap Rate Calculator

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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: 2 years ago (ECAR #967975)

Price History

Date / Event Date Event Price
Jul 3, 2025 Sold
Premium
Sold
Jun 18, 2025 In contract -
In contract
Mar 27, 2025 Price Decreased $998,900
↓ $96K (8.8%)
Price Decreased
Feb 8, 2025 Price Decreased $1,095,000
↓ $75K (6.4%)
Price Decreased
Feb 6, 2025 Listed by Hammock Bay $1,170,000
Listed by Hammock Bay
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,704
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: HAMMOCK BAY
  • Land Acres: 0000001003
  • Standard Land Use Code: 8000
  • County Land Use Code: 00
  • Legal Description 1: LOT 10 HARMONY AT HAMMOCK BAY PB 16 PG 87 OR 2707-4075 OR 2730-4859 OR 3184-103

Neighborhood

  • School District Name: Walton County School District
  • Census Tract: 950502

Zoning

  • Zoning: HAMBAY

Geography

  • Assessors Map Reference: S1-17-19
  • Parcel: 17-1S-19-23020-000-0100
  • Block: 1
  • Lot: 10
  • Meridian: SEC 17 TWN 01S RNG 019
  • Municipality: COUNTY
  • Latitude: 30.4942
  • Longitude: -86.1608

    Address

  • Full Address: 209 Harmony Way
  • Address - House Number: 209
  • Address - Street Name: Harmony
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Freeport
  • Carrier Code: R006
  • 4-Digit Zip Code: 2592
  • Zip Code: 32439

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $189,779
  • Tax Rate Code Area: 002

    Appraisal Valuation

  • Standard Deviation: 0.2247
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 69
  • Final Value: 828,811
  • High Value: 1,015,091
  • Low Value: 642,530

    Market Valuation

  • Market Total Value: $139,860
  • Market Land Value: $139,860

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $139,860
  • Assessed Land Value: $139,860

    Sales

  • Current Sale Contract Date: Jun 15, 2023
  • Current Sale Recording Date: Jun 16, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 21358
  • Previous Sale Recording Date: Feb 22, 2021
  • Previous Sale Contract Date: Feb 19, 2021
  • Previous Sale Amount: $145,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Freeport

Stats & Trends

Median Asking:

$392,238

Sale Price/ft²

$199

Below Asking

0.03%

Average Days on Market

95

Average Home Size

2162 ft²

Average Home Age

5.4 years

Currently For Sale

294 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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ECAR

Listed by: Beth Jones, Hammock Bay
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 967975
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.

Frequently Asked Questions

When was property at 209 Harmony Way built and last sold?
The property at 209 Harmony Way was built in and last sold on Jun 15, 2023 for $845,000.
How much is this home worth?
The estimated value of the home located at 209 Harmony Way is $0.
What are some comparable homes to 209 Harmony Way?
There are currently no comparable homes to 209 Harmony Way.
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