Description
Discover an exceptional opportunity in the Freeport, FL a unique multi-unit property on nearly half an acre, offering versatility, and outstanding investment potential. This property features three separate, fully rented residences, generating a combined monthly rental income of $5,000. With strong, consistent income, it offers a fantastic return on investment. Built in 2013, this property includes three well-appointed homes, ideal for extended families, short-term rental investors, or anyone seeking a combination of personal use and passive income. MAIN RESIDENCE: 3 bedrooms | 1 full bathroom 1,206 sq ft heated living space Open-concept layout with hardwood floors Central HVAC, metal roof, and durable Hardie board siding Bright, coastal-inspired finishes TWO DETACHED GUEST HOMES: 1 bedroom | 1 bathroom 1 bedroom | 1 1/2 bathroom 640 sq ft and 626 sq ft heated living areas Private entrances, full kitchens, and charming interiors Excellent for Airbnb, long-term tenants, or multi-generational living EXTERIOR FEATURES: 0.49-acre lot with mature trees and green space Brick and wood decking (added in 2023) for outdoor living and entertaining Ample parking with space for boats, RVs, or future expansion ADDITIONAL HIGHLIGHTS: - No HOA - Public utilities - Under 30 minutes to the beaches of South Walton and Destin Note that the property is not used exactly as it is zoned for (Residential 1 Unit). In case of destruction of the improvements, total or partial, the permit to rebuild might be granted following the zoning rules then-applicable. Don't miss this rare chance to own a turnkey, income-producing property in one of Freeport's most desirable and fast-growing areas.
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5BEDS
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0.49ACRES
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3BATHS
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01/2 BATHS
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2,472SQFT
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$152$/SQFT
School Information
Description
Discover an exceptional opportunity in the Freeport, FL a unique multi-unit property on nearly half an acre, offering versatility, and outstanding investment potential. This property features three separate, fully rented residences, generating a combined monthly rental income of $5,000. With strong, consistent income, it offers a fantastic return on investment. Built in 2013, this property includes three well-appointed homes, ideal for extended families, short-term rental investors, or anyone seeking a combination of personal use and passive income. MAIN RESIDENCE: 3 bedrooms | 1 full bathroom 1,206 sq ft heated living space Open-concept layout with hardwood floors Central HVAC, metal roof, and durable Hardie board siding Bright, coastal-inspired finishes TWO DETACHED GUEST HOMES: 1 bedroom | 1 bathroom 1 bedroom | 1 1/2 bathroom 640 sq ft and 626 sq ft heated living areas Private entrances, full kitchens, and charming interiors Excellent for Airbnb, long-term tenants, or multi-generational living EXTERIOR FEATURES: 0.49-acre lot with mature trees and green space Brick and wood decking (added in 2023) for outdoor living and entertaining Ample parking with space for boats, RVs, or future expansion ADDITIONAL HIGHLIGHTS: - No HOA - Public utilities - Under 30 minutes to the beaches of South Walton and Destin Note that the property is not used exactly as it is zoned for (Residential 1 Unit). In case of destruction of the improvements, total or partial, the permit to rebuild might be granted following the zoning rules then-applicable. Don't miss this rare chance to own a turnkey, income-producing property in one of Freeport's most desirable and fast-growing areas.
© 2026 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Coastal Connection at eXp Realty. Vendor Member number: 28178. Data last updated: 2026-01-25T00:00:20.85.
Vendor Member #28178.