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Carole Lea Gilman

clg@caroleleagilman.com +1(850) 814-6090

$899,000

Est. payment - /mo

4 Beds

2 Baths

1,200 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,200 sqft

Price per Sqft $749

MLS Listing ID 1004225

Style Craftsman Style

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 2012

Annual Tax Amount $2,221

Tax Year 2025

Lot Size 0.550 Acres

Acres 0.55

Lot Dimensions 75' x 221' x 105' x 232'

Property Sub-Type Detached Single Family

Source Emerald Coast Association of REALTORS®

Land Area 1200

Property Description

Prime Investment Opportunity! Discover a rare and versatile investment property in the heart of Freeport, Florida! This unique offering features a beautifully updated 4 bedroom, 2 bathroom home paired with exceptional income generating potential. The main residence boasts modern updates, comfortable living spaces, and a fully fenced backyard, perfect for privacy and outdoor enjoyment. Beyond the home, the property truly shines with its rear access and flexible mixed use potential. Currently utilized for food truck operations and complemented by a 3-bay warehouse space, this setup creates multiple streams of revenue. All units are currently leased, producing an impressive $9,500 per month in combined rental income, making this a turnkey opportunity for investors seeking immediate cash flow. Strategically located adjacent to Highway 331 South, the property offers high visibility and easy access, while still being just a short 15-minute drive to the white sand beaches of South Walton. Enjoy proximity to the renowned shopping, dining, art, and entertainment along scenic Highway 30A.
Whether you're looking to expand your investment portfolio or secure a mixed-use property in a rapidly growing area, this one checks all the boxes. HVAC replaced, new washer/dryer, new grinder pump.

Location

State FL

County Walton

Area 20 - Freeport

Zoning Resid Single Family

Direction From the intersection of Hwy 331S and Hwy 20, travel south down Hwy 331 towards Santa Rosa Beach. Lowery Road will be on the right and the property is at the corner so you will see along Hwy 331, behind a privacy fence. Driveway is on Lowery Rd.

Rooms

Primary Bedroom Level Main

Master Bedroom true

Kitchen true

Interior

Interior Features Washer/Dryer Hookup

Heating Central

Cooling Ceiling Fans, Central Air

Flooring Floor Vinyl

Furnishings Furnished - None

Appliance Dishwasher, Dryer, Refrigerator W/IceMk, Stove/Oven Electric, Washer, Water Heater - Elect

Exterior

Exterior Feature Fenced Back Yard, Porch, Fenced Lot (Partial), Fenced Backyard

Fence Fenced Lot-Part

Utilities Available Electric

Roof Type Metal

Porch Porch

Road Frontage County Road

Garage No

Building

Lot Description Corner, Easements, Survey Available

Faces From the intersection of Hwy 331S and Hwy 20, travel south down Hwy 331 towards Santa Rosa Beach. Lowery Road will be on the right and the property is at the corner so you will see along Hwy 331, behind a privacy fence. Driveway is on Lowery Rd.

Story 1

Foundation Slab

Sewer Public Sewer, Septic Tank

Architectural Style Craftsman Style

New Construction No

Schools

Elementary Schools Freeport

Middle Schools Freeport

High Schools Freeport

Others

Pets Allowed No

Tax ID 27-1S-19-23000-020-0000

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Listed by Misty McHenry Watersound Real Estate

Nearby School & Business

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Carole Lea Gilman

+1(850) 814-6090

Agent | SL3086106

Agent SL3086106

30 Lowery RD Freeport, FL 32439

Carole Lea Gilman

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby School & Business

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