15031 US Business Highway 331, 1-32, Freeport, FL 32439 (MLS# 942809)

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15031 US Business Highway 331, 1-32, Freeport, FL 32439

$6,950,000
Property Type: Commercial for Sale Lot Size (sq. ft.): 237,402 Status: Active
Current Price: $6,950,000 List Date: 3/20/2024 Last Modified: 3/20/2024

Description

Welcome to an exceptional investment opportunity in Freeport, Florida, located in the thriving Walton County, the third fastest-growing county in the country. Presenting 31 detached units in a multi-family complex, each boasting 3 bedrooms, 2 baths, and 1,007 square feet of living space. Property Features: 31 Detached Units 3 Bedrooms, 2 Baths Each Spacious 1,007 Square Feet Layout Brand New Roofs Installed on All Units 100% Renter Occupied with a Waiting List Investment Potential: With a 100% renter occupancy rate and a waiting list, this property offers a lucrative investment opportunity. The new roofs ensure low maintenance costs, while the desirable location in a rapidly growing county promises sustained demand and potential for long-term appreciation.

Supplements: Don't Miss Out: Seize this opportunity to add a high-performing asset to your portfolio. This property promises solid returns and growth potential in a sought-after location. Schedule a viewing today and secure your stake in Freeport's thriving real estate market. Contact us for more information and to arrange a viewing.

More Information MLS# 942809

None

Current Price: $6,950,000

Status Change Info

Status: Active

Contract Info

GCCMLS Number: 30867909 List Date: 2024-02-21 List Price: $6,950,000 Listing Board: Emerald Coast

Location, Tax and Legal

Area: 20 - Freeport Street #: 15031 Street Name: US Business Highway 331 Unit #: 1-32 State: FL Zip Code: 32439 County: Walton Sub Area: 2006 - N. of 20 to Hwy 331 Parcel ID: 10-1S-19-23000-005-0070 Property Name: Freeport Villages Legal Description: COM NE/C OF NW4 OF NE4 SEC 10- 1S-19W,S 00 DEG 21'43E 1221.62 FT FOR POB,S 00 DEG 20'24E 299.59 FT,S 89 DEG 31' 51W 784.16 FT BEING ON E ROW US HWY 331,N 07 DEG 43'49E ALONG ROW 303.30 FT,N 89 DEG 31'51E 764.00 FT TO POB. OR 1482-99 OR 1823-22 OR 1955-96 OR 2448-954 OR 2460-1364 OR 2600-101 OR 2566-1929 OR 2953-2881 OR 2997-371

General Property Info

Listed on GCCMLS: Yes Property Information: Multi-Family Acreage: 5.45 Lot Frontage: 210 Zoning: Multi-Family

Listing Info, Tax & Legal

As Is: No

Remarks & Misc

Remarks: Welcome to an exceptional investment opportunity in Freeport, Florida, located in the thriving Walton County, the third fastest-growing county in the country. Presenting 31 detached units in a multi-family complex, each boasting 3 bedrooms, 2 baths, and 1,007 square feet of living space. Property Features: 31 Detached Units 3 Bedrooms, 2 Baths Each Spacious 1,007 Square Feet Layout Brand New Roofs Installed on All Units 100% Renter Occupied with a Waiting List Investment Potential: With a 100% renter occupancy rate and a waiting list, this property offers a lucrative investment opportunity. The new roofs ensure low maintenance costs, while the desirable location in a rapidly growing county promises sustained demand and potential for long-term appreciation.

Office/Member Info

Cooperative Comp: 2 Cooperative Comp Type: %

Multi-Family

Year Built: 2007 Building SqFt: 31217 # of Units: 31

Property Features

Class: Multi-Family Construction Status: Existing
Listing Office: Berkshire Hathaway HomeServices
Last Updated: March - 20 - 2024

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.