Income-Producing Investment Opportunity in Freeport! Discover a unique property offering residential comfort, established rental income, and a versatile layout in the heart of rapidly growing Freeport, Florida. The beautifully updated 4 bedroom, 2 bathroom home features comfortable living spaces, a fully fenced backyard, and several recent improvements, including HVAC system, new washer and dryer, and new grinder pump. Adding to the property's appeal is the rear access and additional warehouse space, creating an opportunity for multiple income streams. The property has previously been utilized for food truck operations (for 3 food trucks at a time) and includes a 2-bay warehouse, offering flexibility for a variety of uses. When all spaces are leased, the property generates an impressive $9,500 per month in combined rental income. Strategically located along Highway 331 South, the property offers convenient access to Freeport and surrounding areas while remaining just approximately 15 minutes from the white-sand beaches of South Walton. Enjoy easy access to the shopping, dining, art, and entertainment found along scenic Highway 30A.
Legal Description
Com Where W Bdry Of St Rd 83 Intersects N Ln Of Govt Lot 1, W 208.75Ft, S 208.75Ft, E 208.75Ft, N 208.75Ft Or 1786-369 Or 1786-370 Or 2403-1930 Less: Dot Row As Desc In Or 2805-2983. Or 2874-218 Or 2874-220 Or 2896-2243 Or 3100-551 Or 3298-3287 Or 3142-756 Or 3158-4056
