$399,850
↑ $5K (1.3%)
●
House -
For Sale
538 Arrowwood Boulevard
Freeport, FL 32439
5 Beds
4 Baths
2,444 Ft²
$1,964
Est. Monthly
About This Property
Welcome to the Milton II by Valor Communities, an expertly crafted
floor plan featuring 5 bedrooms and 4 full baths. The main level
boasts luxury plank flooring throughout and an open-concept kitchen
equipped with quartz countertops, a kitchen island, and a split duo
oven, flowing into the family room and outdoor covered patio. The
private primary suite serves as a peaceful retreat complete with
double vanities, a primary tile shower, and a large walk-in closet.
The upper level offers ultimate versatility with an additional
bedroom and a spacious bonus room, perfect for movie nights or
play. Complete with a 2-car garage. Visuals for inspiration.
Residents enjoy use of the spring-fed lake and the resort-style coming soon in the Nest.
Visuals feature a similar home for inspiration.
Residents enjoy use of the spring-fed lake and the resort-style coming soon in the Nest.
Visuals feature a similar home for inspiration.
Unit Size
2,444 Ft²
Days on Market
64 days
Land Size
-
Price per sqft
$164
Property Type
House
Property Taxes
-
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: 2 months ago (ECAR #1005063)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 8, 2026 | Price Increased |
$399,850
↑ $5K
(1.3%) | |
| Price Increased | |||
| Jun 9, 2026 | Listed by VCFL Realty LLC | $394,850 | |
| Listed by VCFL Realty LLC | |||
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Garage Spaces: 2
Interior Details
Full Bathrooms: 4
Interior Features: Kitchen Island, Pantry, Ceiling Tray/Cofferd, Pull Down Stairs, Washer/Dryer Hookup
Appliances: Dishwasher, Disposal, Microwave, Water Heater, Auto Garage Door Opn, Smooth Stovetop Rnge, Stove/Oven Electric, Warranty Provided
Flooring Type: Floor WW Carpet New
Rooms: 9
Exterior Details
Square Footage: 2444
Property Condition: Under Construction
Architectural Style: Craftsman
Year Built: 2026
Building Area Total: 2444
Window Features: Double Pane Windows
Construction Materials: Siding CmntFbrHrdBrd
Patio and Porch Features: Covered
Pool Features: Pool Type
Lot Features: Covenants, Sidewalk
Lot Size Units: Acres
Lot Size Dimensions: 129 X 54
Water Source: Public
Financial Details
Tax Assessed Value: $1,050
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Master Association, Recreational Faclty
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: Lori Logue, VCFL Realty LLC
Last Updated: 2 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 1005063
Last Updated: 2 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 1005063
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