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Walton 32439
771 Alaqua Drive
$399,000
↓ $21K (5%)
● House - For Sale

771 Alaqua Drive

Freeport, FL 32439
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,040 Ft²
$2,032
Est. Monthly
4.92%
Cap Rate

About This Property

Old Florida at its best! This waterfront cottage has the flexibility to call it home, a weekend getaway or an investment property with excellent rental history. This cottage delivers on all fronts!  It is located in an X Flood zone sits on 2 lots with 120 ft. of canal waterfront. The canal leads directly to Alaqua Bayou then to the Bay. Upgrades include windows, water heater, roof, septic tank, drain field and ac unit. 2025 upgrades new flooring, exterior doors and dock replaced. Have the privacy of being close to the Bay, Eglin AFB, and convenience of being less than 5 minutes to two boat launches, Horsepower Pavilion and Dollar General.  Less than 10 minutes to Publix. Plenty of room on the lot for Kayak, paddle board, boat and RV storage. Enjoy the beauty of pristine nature at its best.  Grab your paddle board or boat and step back in time exploring the many unspoiled coves and creeks of this Old Florida paradise!
Unit Size
1,040 Ft²
Days on Market
436 days
Land Size
0.33 acres
Price per sqft
$384
Property Type
House
Property Taxes
$72
HOA Dues
-
Year Built
1960

Listed By

Caryl Gibson
South Walton Realty Sales LLC

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Last updated: 3 months ago (ECAR #981604)

Price History

Date / Event Date Event Price
Oct 9, 2025 Price Decreased $399,000
↓ $21K (5%)
Price Decreased
Jul 24, 2025 Listed by South Walton Realty Sales LLC $420,000
Listed by South Walton Realty Sales LLC
Aug 27, 2018 Sold
Sold

Property Highlights

Air Conditioning
Fireplace
With View
Interior Details
Full Bathrooms: 1
Interior Features: Fireplace
Appliances: Dishwasher, Water Heater, Stove/Oven Electric
Flooring Type: Laminate
Rooms: 6
Exterior Details
Square Footage: 1040
Property Condition: Construction Complete
Architectural Style: Florida Cottage
Year Built: 1960
Waterfront Features: Canal
Building Area Total: 1040
Construction Materials: Trim Vinyl
Patio and Porch Features: Patio
Lot Features: See Remarks, Within 1/2 Mile to Water
Lot Size Area: 0.33
Lot Size Units: Acres
Lot Size Acres: 0.33
Lot Size Square Feet: 14374.8
Lot Size Dimensions: 120X120
Financial Details
Tax Annual Amount: $866
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air
Sewer : Septic Tank

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,375
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 1,200
  • Total Building Area: 1,040
  • Gross Building Area: 1,040
  • Building Area: 1,040
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,040
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BAYSHORE RESORT
  • Land Acres: 0000000330
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOTS 9 & 10 BLK 3 BAYSHORE RESORT UNRECORDED PLAT OR 3078-3541 OR 3083-1278

Neighborhood

  • School District Name: Walton County School District
  • Census Tract: 950502

Zoning

  • Zoning: BAYN

Geography

  • Assessors Map Reference: S1-13-20
  • Parcel: 13-1S-20-32010-003-0090
  • Block: 3
  • Lot: 90
  • Meridian: SEC 13 TWN 01S RNG 020
  • Municipality: COUNTY
  • Latitude: 30.4899
  • Longitude: -86.2085

    Address

  • Full Address: 771 Alaqua Dr
  • Address - House Number: 771
  • Address - Street Name: Alaqua
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Freeport
  • Carrier Code: R003
  • 4-Digit Zip Code: 2427
  • Zip Code: 32439

Valuation

    Tax

  • Total Area: 1,040
  • Tax Year: 2022
  • Tax Amount: $88,240
  • Tax Rate Code Area: 005

    Appraisal Valuation

  • Standard Deviation: 0.2593
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 63
  • Final Value: 191,922
  • High Value: 241,691
  • Low Value: 142,152

    Market Valuation

  • Market Total Value: $102,034
  • Market Land Value: $67,378
  • Market Improvement Value: $34,656

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $102,034
  • Assessed Land Value: $67,378
  • Assessed Improvements Value: $34,656

    Sales

  • Current Sale Contract Date: Aug 24, 2018
  • Current Sale Recording Date: Aug 27, 2018
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2018000028879
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Walton


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Frequently Asked Questions

When was property at 771 Alaqua Drive built and last sold?
The property at 771 Alaqua Drive was built in 1960 and last sold on Aug 24, 2018 for $145,000.
How much is this home worth?
The estimated value of the home located at 771 Alaqua Drive is $405,719.
What are some comparable homes to 771 Alaqua Drive?
There are currently no comparable homes to 771 Alaqua Drive.