Mixed-Use Land for Sale in Freeport, Florida

621 Live Oak St Freeport, FL 32439

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0.689 Acres of Mixed-Use Land for Sale in Freeport, Florida
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$510,000
0.69 acres
Active sale$15k dropEst $4,023/mo

Magnolia Court is a well established mobile home park in Choctaw Beach that has been around since the mid 1990's. This quiet neighborhood is home to 6 individual mobile homes that enjoy a peaceful setting near the Choctawhatchee Bay. Each 2 bedroom home enjoys its own fenced-in yards, vinyl siding and wooden decks. Additionally, each home has been upgraded with metal roofs and an upgraded septic system. A central driveway with 3 homes on each side creates an easy access point for al tenants involved. DO NOT BOTHER THE EXISTING TENANTS.

Cal me for additional details.

Value Add - 4 of 6 leases are on month to month leases at below market rates.

Gross Rents are $63,300; Annual expenses $10,891: Net Operating Income $52,409

Directions

From Niceville, travel East along Highway 20, turn north on Water Oak Street, then turn right onto Live Oak Street. Property will be on your left.

Location

Street Address
621 Live Oak St
County
Walton County
Community
Freeport
Elevation
16 feet
Coordinates
30.4722, -86.3429
Land for sale in Florida

Property details

MLS Number
ECARMLS 950121
Date Posted

Parcels

  • 281S21410100090130

Legal description

LOTS 13 & 14 BLK 9 CHEROKEE S/D OR 188-296 OR 188-297 OR 405-685 OR 635-274 OR 2717-1752 OR 2756-4471 OR 2817-4812 OR 2818-1380 OR 3287-3757

This 0.69-acre property is located at 621 Live Oak St in Freeport, FL 32439 with latitude 30.4722 and longitude -86.3429. The property is currently available for sale for $510,000 with a price per acre of $740,203. Listing data is sourced from Emerald Coast Association of Realtors # 950121.

Verify sale details at the property source or contact Taylor Allen Properties at (850) 259-2894.

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Copyright (C) 2024 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Updated . Checked 2 hours ago. Parcel data by Regrid.

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