$795,000
●
House -
For Sale
528 Bay Grove Road
Freeport, FL 32439
3 Beds
2 Baths
1,968 Ft²
$3,910
Est. Monthly
About This Property
Welcome to this beautifully maintained waterfront 3-bedroom- 2 bath
home tucked away into one of Freeports most peaceful and scenic
cooridors.Once inside you are greeted by natural light and open
concept living space.Outdoors ,the property shines even brighter.
Surrounded by mature trees and the gentle breezes from the bay,
the yard offers a sense of privacy and serenity that is hard to find. This home makes everyday living feel like a getaway. Just moments away from the Clyde B. Wells Bridge, you will enjoy quick access to the beaches of South Walton. local shops and all the conveniences of Freeport. 528 Bay grove Road is more than a house- it's a place to slow down, breathe deeply, and truly feel at home. Waterfront living at its best- call for your private viewing today .
the yard offers a sense of privacy and serenity that is hard to find. This home makes everyday living feel like a getaway. Just moments away from the Clyde B. Wells Bridge, you will enjoy quick access to the beaches of South Walton. local shops and all the conveniences of Freeport. 528 Bay grove Road is more than a house- it's a place to slow down, breathe deeply, and truly feel at home. Waterfront living at its best- call for your private viewing today .
Unit Size
1,968 Ft²
Days on Market
29 days
Land Size
0.67 acres
Price per sqft
$404
Property Type
House
Property Taxes
$6
HOA Dues
-
Year Built
2019
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: 30 days ago (ECAR #1000302)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 31, 2026 | Relisted | $795,000 | |
| Relisted | |||
| Jul 30, 2026 | In contract | - | |
| In contract | |||
| Jun 17, 2026 | Price Decreased |
$795,000
↓ $30K
(3.6%) | |
| Price Decreased | |||
| Apr 29, 2026 | Price Decreased |
$825,000
↓ $17K
(2%) | |
| Price Decreased | |||
| Apr 10, 2026 | Listed by By the Water Realty | $842,000 | |
| Listed by By the Water Realty | |||
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Property Highlights
Air Conditioning
Fireplace
Interior Details
Full Bathrooms: 2
Interior Features: Kitchen Island, Pantry
Appliances: Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Washer, Smoke Detector, Stove/Oven Gas
Flooring Type: Hardwood, Floor Tile
Rooms: 9
Has Fireplace
Fireplace Features: Fireplace Gas
Exterior Details
Square Footage: 1968
Property Condition: Construction Complete
Architectural Style: Traditional
Year Built: 2019
Waterfront Features: Bayou
Building Area Total: 1968
Window Features: Window Treatment All
Construction Materials: Concrete
Patio and Porch Features: Porch
Lot Features: Survey Available
Lot Size Area: 0.67
Lot Size Units: Acres
Lot Size Acres: 0.67
Lot Size Square Feet: 29185.2
Lot Size Dimensions: 0.668 acres
Financial Details
Tax Annual Amount: $75
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Baths
ft²
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HOA + Taxes
About Walton
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Listed by: The Jennings Team, By the Water Realty
Last Updated: 30 days ago
Data Source: Emerald Coast MLS (ECAR), MLS# 1000302
Last Updated: 30 days ago
Data Source: Emerald Coast MLS (ECAR), MLS# 1000302
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