$439,513
●
House -
For Sale
505 Splendor Run
Freeport, FL 32439
4 Beds
3 Baths
2,451 Ft²
$2,549
Est. Monthly
$391
HOA / Fees
About This Property
Awesome builder rate plus FREE window blinds! Restrictions
apply.
The CEDAR IV H in Natureview community offers a 4BR/3BA, open design. Upgrades added (list attached). Special Features: double vanity, garden tub, separate custom tiled shower, and walk-in closet in master bathroom, double vanity in 2nd bathroom, ensuite bathroom in bedroom 2, kitchen island, walk-in pantry, boot bench in mudroom, covered rear patio, undermount sinks, custom kitchen backsplash, cabinet hardware, LED lighting, crown molding, ceiling fans in living room and master bedroom, smart connect WIFI thermostat, framed mirrors in all bathrooms, landscaping, architectural 30-year shingles, flood lights, and more! Energy Efficient Features: water heater, electric kitchen appliance package, vinyl low E windows, and more! Energy Star Partner.
The CEDAR IV H in Natureview community offers a 4BR/3BA, open design. Upgrades added (list attached). Special Features: double vanity, garden tub, separate custom tiled shower, and walk-in closet in master bathroom, double vanity in 2nd bathroom, ensuite bathroom in bedroom 2, kitchen island, walk-in pantry, boot bench in mudroom, covered rear patio, undermount sinks, custom kitchen backsplash, cabinet hardware, LED lighting, crown molding, ceiling fans in living room and master bedroom, smart connect WIFI thermostat, framed mirrors in all bathrooms, landscaping, architectural 30-year shingles, flood lights, and more! Energy Efficient Features: water heater, electric kitchen appliance package, vinyl low E windows, and more! Energy Star Partner.
Unit Size
2,451 Ft²
Days on Market
117 days
Land Size
0.16 acres
Price per sqft
$179
Property Type
House
Property Taxes
-
HOA Dues
$391
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: 11 hours ago (ECAR #1007249)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 9, 2026 | Listed by DSLD Homes Florida LLC | $439,513 | |
| Listed by DSLD Homes Florida LLC | |||
Property Highlights
Garage
Air Conditioning
Parking Details
Attached Garage
Interior Details
Full Bathrooms: 3
Interior Features: Breakfast Bar, Kitchen Island, Pantry, Ceiling Crwn Molding, Lighting Recessed, Pull Down Stairs, Shelving, Washer/Dryer Hookup
Appliances: Dishwasher, Disposal, Microwave, Water Heater, Auto Garage Door Opn, Smoke Detector, Stove/Oven Electric, Warranty Provided
Flooring Type: Floor Tile
Rooms: 12
Exterior Details
Square Footage: 2451
Property Condition: Under Construction
Architectural Style: Traditional
Year Built: 2026
Building Area Total: 2451
Window Features: Double Pane Windows, Window Treatmnt Some
Construction Materials: Brick, Siding CmntFbrHrdBrd
Patio and Porch Features: Covered
Pool Features: Pool Type
Lot Features: Level, Curb & Gutter, Interior, Sidewalk
Lot Size Area: 0.16
Lot Size Units: Acres
Lot Size Acres: 0.16
Lot Size Square Feet: 6969.6
Lot Size Dimensions: 56x125
Water Source: Public
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Management
HOA Fee: $391
HOA Fee Frequency: Quarterly
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 Walton
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Listed by: Joseph V Andrews, DSLD Homes Florida LLC
Last Updated: 11 hours ago
Data Source: Emerald Coast MLS (ECAR), MLS# 1007249
Last Updated: 11 hours ago
Data Source: Emerald Coast MLS (ECAR), MLS# 1007249
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