Lot 33 Choctawhatchee River Road
About This Property
Here, you can build from the ground up and truly make it yours. With no existing utilities, this property is a blank slate ready for your vision, whether that's a weekend escape, a tiny-home retreat, or a quiet homestead away from it all. Add a well, septic, and power, and the only limits are your imagination. The land offers direct riverfront access, ideal for launching a kayak, casting a line, or simply watching the water drift by. Surrounded by natural beauty yet close enough to the conveniences of Ponce De Leon and DeFuniak Springs, it's the kind of place that reminds you to breathe deeper and slow down.
Lot 33 Choctawhatchee River Road isn't just land; it's the beginning of a story that's waiting to be written, one peaceful river morning at a time.
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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 |
|---|---|---|---|
| Dec 10, 2025 | Sold | ||
| Sold | |||
| Nov 22, 2025 | In contract | - | |
| In contract | |||
| Nov 20, 2025 | Listed by Scenic Sotheby's International Realty | $80,000 | |
| Listed by Scenic Sotheby's International Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017