Active
1 / 43
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 2-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.
Data source: Emerald Coast Association of REALTORS®
Team Turner (Counts Real Estate Group) can set up a private showing or send you full details.
Request a showing
$849,000
2 bd · 2 ba · 1,790 sf
198 Waterside Lane, Freeport, FL 32439
No photo
$835,000
3 bd · 3 ba · 2,448 sf
174 Revana Way, Freeport, FL 32439
No photo
$824,900
4 bd · 3 ba · 2,877 sf
355 Mill Pond Cove, Freeport, FL 32439
No photo
$895,395
3 bd · 3 ba · 2,927 sf
21 E Perseverance Point, Freeport, FL 32439
No photo
$897,235
4 bd · 3 ba · 2,672 sf
41 E Perseverance Point, Freeport, FL 32439
No photo
$799,900
5 bd · 3 ba · 3,474 sf
208 Meadow Lake Drive, Freeport, FL 32439
Counts Real Estate Group
Courtesy of Watersound Real Estate · Misty McHenry · jason.green@watersound.com
Emerald Coast Association of REALTORS®, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Counts Real Estate Group may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved.
Listing data last updated 2026-08-23 18:31:17.