700 E County Highway 83A
About This Property
Outdoor and boating enthusiasts will especially appreciate the location directly across from a public boat launch, offering easy access to beautiful 4 Mile Creek and the surrounding waterways of the Choctawhatchee Bay area. Launch the boat, kayak, or paddleboard and spend the day exploring some of Northwest Florida's most scenic waters--all just steps from home.
With approximately 1.84 acres, the property offers room for a residence, outdoor living areas, boats, recreational equipment, and more, subject to applicable zoning and development requirements. The spacious setting provides a hard-to-find combination of acreage and convenient access to Freeport amenities.
Whether you're looking for a homesite, recreational retreat, or an investment opportunity in one of Walton County's growing communities, this property deserves a closer look. Enjoy the laid-back Freeport lifestyle with boating and fishing practically at your doorstep!
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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 |
|---|---|---|---|
| Sep 24, 2026 | In contract | - | |
| In contract | |||
| Sep 15, 2026 | Listed by HomeBiz Properties | $200,000 | |
| Listed by HomeBiz Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017