$1,264,850
●
House -
For Sale
471 Shimmer Circle
Freeport, FL 32439
4 Beds
3 Baths,
1
Half Bath
3,265 Ft²
$6,294
Est. Monthly
2.03%
Cap Rate
About This Property
Rare opportunity!!! Lake View!! New home by locally renowned
builder in Gated neighborhood in Hammock Bay. Yard features
custom pool and unbelievable landscaping. Large covered rear
porch with stained cypress ceiling and full summer kitchen.
Interior features built in shelving in the foyer and living
room. Wood floors throughout. 10' ceilings and 8' solid
core doors throughout. Upgraded lighting package.
Interior brick accents. Custom master closet built ins.
Brick fireplace and reclaimed wood mantle in living room.
Kitchen features furniture grade cabinets to ceiling, Cambria
quartz counter tops and full Cambria quartz backsplash. Back
kitchen with ice maker and sink and built in cabinets. Study
with built in shelves. Huge game room and walk out storage.
3 car garage
Unit Size
3,265 Ft²
Days on Market
30 days
Land Size
0.23 acres
Price per sqft
$387
Property Type
House
Property Taxes
$83
HOA Dues
-
Year Built
-
Listed By
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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: 14 hours ago (ECAR #986015)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 30, 2026 | Relisted | $1,264,850 | |
| Relisted | |||
| Mar 31, 2026 | In contract | - | |
| In contract | |||
| Sep 23, 2025 | Listed by Randy Wise Realty LLC | $1,264,850 | |
| Listed by Randy Wise Realty LLC | |||
| Nov 7, 2024 | Listed | $1,389,900 | |
| Listed | |||
| | |||
|
Rare opportunity!!! Wonderful new home by locally renowned builder in Gated neighborhood in Hammock Bay. Yard features custom pool and unbelievable landscaping. Large covered rear porch with stained cypress ceiling and full summer kitchen. Interior features built in shelving in the foyer and living room. Wood floors throughout. 10' ceilings and 8' solid core doors throughout. Upgraded lighting package. Interior brick accents. Custom master closet built ins. Brick fireplace and reclaimed wood mantle in living room. Kitchen features furniture grade cabinets to ceiling, Cambria quartz counter tops and full Cambria quartz backsplash. Back kitchen with ice maker and sink and built in cabinets. Study with built in shelves. Huge game room and walk out storage. 3 car garage!!
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Garage Spaces: 3
Interior Details
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: Kitchen Island, Ceiling Crwn Molding, Fireplace, Lighting Recessed, Split Bedroom
Appliances: Dishwasher, Disposal, Freezer, Microwave, Refrigerator, Gas Water Heater, Water Heater, Auto Garage Door Opn, Oven Self Cleaning, Security System, Warranty Provided
Flooring Type: Hardwood
Rooms: 6
Has Fireplace
Fireplace Features: Fireplace
Exterior Details
Square Footage: 3265
Property Condition: Construction Complete
Architectural Style: Craftsman
Year Built: 2025
Building Area Total: 3265
Window Features: Plantation Shutters, Window Treatment All
Construction Materials: Brick, Frame
Patio and Porch Features: Covered
Pool Features: Pool - In-Ground, Pool Type
Lot Features: Sidewalk
Lot Size Area: 0.23
Lot Size Units: Acres
Lot Size Acres: 0.23
Lot Size Square Feet: 10018.8
Lot Size Dimensions: 74'x135'
Financial Details
Tax Assessed Value: $810
Tax Annual Amount: $991
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air
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
About Freeport
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: David C Mitchell, Randy Wise Realty LLC
Last Updated: 14 hours ago
Data Source: Emerald Coast MLS (ECAR), MLS# 986015
Last Updated: 14 hours ago
Data Source: Emerald Coast MLS (ECAR), MLS# 986015
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