$965,000
●
Land -
For Sale
9 & 10 Cedar Beach Cove
Freeport, FL 32439
Studio
0 Bath
$4,902
Est. Monthly
About This Property
Discover a rare waterfront opportunity in Cedar Beach, offering
approximately 1.61 acres with 214 feet of combined waterfront
frontage along the bay. Lots 9 and 10 provide a beautiful setting
for a custom home, surrounded by mature trees and peaceful natural
scenery. Recently bush hogged, the property offers a more open view
of the homesite while preserving its natural character. A portion
of the property includes wetlands, creating additional ecological
interest and privacy. With paved road access, public water and
electric available, this property offers an exceptional opportunity
to create a private waterfront retreat in the Freeport area. Enjoy
serene bay views, generous waterfront frontage and convenient
access to nearby amenities. Survey available.
Unit Size
-
Days on Market
52 days
Land Size
1.61 acres
Price per sqft
-
Property Type
Land
Property Taxes
$163
HOA Dues
-
Year Built
-
Listed By
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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 #1009399)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 7, 2026 | Listed by Compass | $965,000 | |
| Listed by Compass | |||
| Mar 16, 2026 | Listed by Salt & Light Realty | $999,999 | |
| Listed by Salt & Light Realty | |||
   | |||
|
Welcome to your future home site! These beautiful vacant lots, 9 & 10, come with a combined 214 feet of serene waterfront on just under an acre, providing the perfect backdrop for your dream home. Recently bush hogged, the property features beautiful trees and a canvas for you to build upon.
Situated on a generous two parcels, this lot offers a unique blend of natural beauty and potential. A portion of the property includes a partial wetland, adding to the charm and ecological diversity of the landscape. Survey available.
| |||
| Sep 30, 2024 | Sold | ||
| Sold | |||
| Aug 5, 2024 | Listed by Salt & Light Realty | $599,000 | |
| Listed by Salt & Light Realty | |||
| | |||
|
Welcome to your future home site! This beautiful vacant lot comes with 106 feet of serene waterfront on just under an acre, providing the perfect backdrop for your dream home. Recently bush hogged, the property features beautiful trees and a canvas for you to build upon.
Situated on a generous parcel, this lot offers a unique blend of natural beauty and potential. A portion of the property includes a partial wetland, adding to the charm and ecological diversity of the landscape. Survey available. Listed below recent appraised value!
| |||
Property Highlights
With View
Exterior Details
Waterfront Features: Bay Access
Lot Features: Corner Lot, Wetlands, See Remarks, Addl Land Available, Within 1/2 Mile to Water
Lot Size Area: 1.61
Lot Size Units: Acres
Lot Size Acres: 1.61
Lot Size Square Feet: 70131.6
Lot Size Dimensions: 202x392x106x260x113x54
Financial Details
Tax Assessed Value: $180
Tax Annual Amount: $1,958
Location Details
HOA/Condo/Coop Fee Includes: Utilities
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About Walton
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Listed by: Spears Group, Compass
Last Updated: 2 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 1009399
Last Updated: 2 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 1009399
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