Price Reduction - Eco Friendly
155_161 Caswell Branch Road Freeport, FL
$ 485,000
Property Attributes
  • MLS#877640
  • TypeSingle Family
  • CountyWALTON
  • CityFreeport
  • AreaFreeport
  • NeighborhoodCaswell Landing Phase 1 Unrecorded Subdivision
  • Zip32439
  • StyleModular
  • Year Built2016
  • Taxes$ 1103
  • Price$ 485,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1136
  • Lot Size0.49 Acres
Listing Provided Courtesy Of:
Coldwell Banker Realty
Data Source:
Emerald Coast MLS (ECAR) - 42 - FL
Property Description

INCOME PRODUCING MULTI-FAMILY properties with (2) Two Cottages in Freeport sitting on (4) beautiful lots with large oak trees. All tap fees are paid. Only 15 minutes from the Pristine beaches of Florida's Emerald Gulf Coast a perfect location for rental properties with established rental income. Includes (4) lots which would allow for (2) more homes to be added. These homes are built solid to withstand 165 mph winds. Each of the homes have double-pane windows, metal roofs, Hardie board siding, small front porches and/or multiple decks. Each are built with energy efficiency in mind to include extra insulation resulting in super low electric bills. These homes are averaging a rental income of $1,350.00 per unit. The location of these homes makes them incredibly attractive for short-term weekly rentals for folks to enjoy who are looking for great fishing on Four Mile Creek, or cruising to the Choctawhatchee Bay or spending the day on Florida's White Sandy beaches. These amazing properties are centrally located between Fort Walton Beach and Panama City Beach offering so much in the way of fun in the sun, tourism activities and Destin's World-Famous Crab Island all within a short 30-45 min drive. The homes have various upgrades include either spanish tile and/or beautiful wooden laminate, granite countertops, crown molding and double pane windows cased windows throughout the home, privacy picket fences and open decks. Most existing appliances will convey. Washer/dryer hookups. Total Bedrooms/Baths listed are the combined total of both homes. Unit 155 - Tenant Lease expires 1/31/22 Unit 161 - Tenant Lease expires 9/31/21 All information is deemed to be accurate. Buyers are responsible to verify all information.

Elementary School Middle School High School
Freeport Elementary School Freeport Middle School Freeport High School
Price History
7/23/2021 Listed $525,000
11/3/2021 3% - $510,000
12/7/2021 5% - $485,000

General Features

Appliances Microwave, Refrigerator, Stove/Oven Electric
Area 20 - Freeport
As Is Yes
Assessment Fees No
Elementary School Freeport
Energy AC - Central Elect, Double Pane Windows, Heat Cntrl Electric, Water Heater - Elect
Financing Conventional
High School Freeport
Homestead No
Middle School Freeport
Pool Y/N No
Rooms Bedroom, Kitchen, Living Room, Other
Sub Area 2006 - Freeport
Subdivision Caswell landing phase 1 Unrecorded Subdivision
Utilities Electric, Public Sewer, Public Water
Zoning Resid Multi-Family

Interior Features

Interior Features Floor Laminate, Floor Vinyl, Washer/Dryer Hookup, Window Treatmnt Some
Kitchen First
Living Room First
Stories 1.0
Total Baths 2.00
Total Bedrooms 3

Exterior Features

Acreage 0.49
Construction/siding Foundation On Piling, Frame, Roof Metal, Roof Pitched, Siding CmntFbrHrdBrd, System Built, Trim Wood
Design Modular
Driveway Spaces 4.00
Exterior Deck Open, Fenced Back Yard, Fenced Lot-Part, Porch
Lot Description Cleared, Level
Lot Dimensions 98 x 201 x 103 x 227


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 32439

AVG $550K
AVG $1,623
AVG 53
Year Built
AVG 2004

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