891 Choctawhatchee River Road
About This Property
From the back of the home, enjoy sweeping river views, a picture-perfect backdrop for everyday living. This truly special home embraces the outdoors with multiple outdoor living areas designed for relaxation. Turn the 2nd floor screened porch into a secondary living area or additional bedroom, or step onto the expansive covered deck to unwind and take in the awesome views.
On the ground level, relax on the covered porch swing or step out to the massive deck extending the majority of the 71 feet of river frontage. Fish, relax, or even add a dock for your personal watercraft, the choice is yours.
The Ground Level also features a separate 1-bedroom, 1-bathroom apartment with a walk-in closet, space for a kitchenette, & a screen-covered porch. An additional Separate Bonus Room could be used as an Office, Bunk Room, Hobby Space, or overflow Storage.
An extended-length 1-car garage provides plenty of room for a vehicle, & possibly even an ATV or side-by-side. The property has its own private well with a filtration system located in the outbuilding and is on septic.
Don't be fooled by this serene location, this Home Offers Close proximity to Freeport, Niceville, Beaches, Grand BLVD & 30A! Plan a visit right down the road to Tree House Farms, a local Organic Farm, offering fresh produce & a stunning backdrop for weddings & private events. Plan a Picnic or Launch a Watercraft for the day cruising the Choctawhatchee River, at Cowford Landing Park & Boat Launch.
Explore the possibility of turning the home into an AirBnB or rental property for others looking to escape! Learn about the uniqueness of our ecosystem at E.O. Wilson Biophilia Center. Make a playdate with a four-legged friend at Alaqua Animal Refuge. Spend the day at the Beach or Explore one of the State Parks!
Seclusion with Close Proximity to it ALL!
Tree House Farms - Local Organic Farm & Wedding / Private Event Space located 1.9 miles
Cowford Landing Public Park & Boat Launch - 4.8 miles (245 Big Cedar Rd) Offers Boat Launch, Screen Covered Deck, Public Restrooms, & Picnic Tables
Alaqua Animal Refuge - 9.2 miles
E.O. Wilson Biophilia Center - Just over 10 miles
Publix Super Market at The Shoppes at Freeport - 14.3 miles
Eden Gardens & Point Washington State Parks - within 28 miles
Grayton Beach - 27.5 miles
Rosemary Beach - 30.6 miles
Grand Blvd 32 miles
ECP Airport 22 miles
Closest Public Beach Access 58 Panama City Beach - 23.4 miles
Blue Mountain Regional Beach Access - 26.9 miles
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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 |
|---|---|---|---|
| Aug 3, 2026 | Price Decreased |
$389,400
↓ $20K
(4.9%) | |
| Price Decreased | |||
| May 30, 2026 | Relisted | $409,400 | |
| Relisted | |||
| May 23, 2026 | In contract | - | |
| In contract | |||
| Mar 27, 2026 | Price Decreased |
$399,400
↓ $10K
(2.4%) | |
| Price Decreased | |||
| Feb 20, 2026 | Listed by RE/MAX Coastal Properties | $409,400 | |
| Listed by RE/MAX Coastal Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017