8 Alexander Way
About This Property
Inside, the open floor plan creates seamless flow between the kitchen, dining, and living areas, ideal for both everyday living and entertaining. The white kitchen features quartz countertops, stainless steel appliances, and clean modern cabinetry that keeps the space bright and coastal-inspired. Luxury vinyl plank flooring runs through the main living areas for durability and easy maintenance, while carpeted bedrooms provide comfort.
The primary suite includes a walk-in closet and double vanity, offering functional storage and privacy. Crown molding adds a finished touch throughout the main living space.
Situated on a .12-acre corner lot, the fenced backyard provides defined outdoor space, and the covered patio creates a comfortable area for enjoying Florida evenings year-round. The 1-car garage adds convenience and additional storage.
Located in Flood Zone X (a strong search factor for buyers prioritizing insurance considerations) and featuring a low HOA of just $75 per month, this property offers practical ownership advantages in today's market.
Enclave at Freeport is positioned for easy access to Highway 331, allowing convenient travel south toward the beaches of South Walton or north toward I-10 for regional commuting. Freeport continues to see strong growth due to its newer construction communities, modern infrastructure, and proximity to coastal amenities without coastal pricing.
If you are searching for:
A 3 bedroom home in Freeport FL
A newer construction home built after 2020
A low HOA community
A home in Flood Zone X
An open floor plan with quartz counters
A fenced yard with covered patio
This property checks those boxes while maintaining move-in ready condition and efficient square footage.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 20, 2026 | Sold | ||
| Sold | |||
| Jun 7, 2026 | In contract | - | |
| In contract | |||
| Apr 24, 2026 | Price Decreased |
$292,500
↓ $13K
(4.1%) | |
| Price Decreased | |||
| Feb 18, 2026 | Listed by Sea Haus Realty | $305,000 | |
| Listed by Sea Haus Realty | |||
| Aug 27, 2025 | Listed | $319,000 | |
| Listed | |||
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This beautiful home, The Plumeria Retreat, 3BR/2BA home in Freeport offers comfort, style & convenience. Built in 2022, the Retreat floor plan features 1,278 sq. ft. plus garage. Enjoy quartz countertops, stainless steel appliances, luxury vinyl flooring & a walk-in tiled shower in the primary suite. The open layout is perfect for entertaining, while private bedrooms provide space to unwind. One of the largest floor plans in The Enclave, this home boasts a fenced yard with its own Plumeria tree. Close to shopping & just a short drive to 30A & Destin beaches.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017