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If you're looking for an income-producing investment property, look no further. This unique offering includes two lots totaling 1.18 acres, each measuring approximately 0.59 acres. The property features four well-maintained Florida cottages, thoughtfully appointed and situated across the land to maximize space and privacy. These cottages have been extremely well cared for and currently provide steady income potential, making this an excellent opportunity for investors. For buyers considering future development, the property also offers added value with tap fees already paid, allowing for the possibility of creating a larger development down the road. Conveniently located just 6 miles from Grady Brown Park, .4 miles to Four Mile Creek.
Data source: Emerald Coast Association of REALTORS®
Team Turner (Counts Real Estate Group) can set up a private showing or send you full details.
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$799,999
153&155 Caswell Branch Road, Freeport, FL 32439
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$799,900
5 bd · 3 ba · 3,474 sf
208 Meadow Lake Drive, Freeport, FL 32439
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$799,500
4515 St Highway 20, Freeport, FL 32439
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$799,500
Lot 22 Reserve at Hammock Bay, Freeport, FL 32439
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$799,000
2554 Bay Grove Road, Freeport, FL 32439
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$799,000
2 bd · 2 ba · 1,512 sf
2554 Bay Grove Road, Freeport, FL 32439
Counts Real Estate Group
Courtesy of Mckenzie Claire Real Estate Group LLC · Stevie A McInnes · 850-353-2857
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Listing data last updated 2026-08-23 21:30:28.