$399,000

74 E Shell Cracker Road, Freeport, FL 32439

  • 5 beds |
  • 3 baths |
  • 2,472 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 2013
  • Property Lot Size Icon0.49acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $161/sqft
  • Property List Date Icon Listed 23 hours ago

Property Description

Discover an exceptional opportunity in the Freeport, FL — a unique multi-unit property on nearly half an acre, offering versatility, and outstanding investment potential. This property features three separate, fully rented residences, generating a combined monthly rental income of $5,000. With strong, consistent income, it offers a fantastic return on investment. Built in 2013, this property includes three well-appointed homes, ideal for extended families, short-term rental investors, or anyone seeking a combination of personal use and passive income. MAIN RESIDENCE: 3 bedrooms | 1 full bathroom 1,206 sq ft heated living space Open-concept layout with hardwood floors Central HVAC, metal roof, and durable Hardie board siding Bright, coastal-inspired finishes TWO DETACHED GUEST HOMES: 1 bedroom | 1 bathroom 1 bedroom | 1 1/2 bathroom 640 sq ft and 626 sq ft heated living areas Private entrances, full kitchens, and charming interiors Excellent for Airbnb, long-term tenants, or multi-generational living EXTERIOR FEATURES: 0.49-acre lot with mature trees and green space Brick and wood decking (added in 2023) for outdoor living and entertaining Ample parking with space for boats, RVs, or future expansion ADDITIONAL HIGHLIGHTS: - No HOA - Public utilities - Under 30 minutes to the beaches of South Walton and Destin Note that the property is not used exactly as it is zoned for (Residential 1 Unit). In case of destruction of the improvements, total or partial, the permit to rebuild might be granted following the zoning rules then-applicable. Don't miss this rare chance to own a turnkey, income-producing property in one of Freeport's most desirable and fast-growing areas.

Listing Status:
Active
Date Added:
August 14, 2025 at 05:00AM
Listing Office:
Anchor Realty Florida : 850-653-3333
Listing Agent:
Tibor Pollak : 850-502-9061
MLS ID:
983088
  • A/C:

This listing courtesy of Tibor Pollak, Anchor Realty Florida

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  â€ 
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

F

Freeport Elementary School

15381 US Highwayy 331 S, Freeport, FL, 32439

Grades PK-5

4.88 miles away

F

Freeport Middle School

360 Kylea Laird Dr, Freeport, FL, 32439

Grades 6-8

4.40 miles away

F

Freeport High School

12615 331 Business, Freeport, FL, 32439

Grades 9-12

7.18 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listings Nearby