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  • MLS® #: 769620
  • 248 Four Mile Road
  • FREEPORT, FL 32439
  • $649,000
  • 43560 SqFt, 1.00 Acre
  • Commercial Sales
  • Office: Beach Sunsets Inc

Newly painted and remodeled this 8 unit Apartment complex stays rented. Exterior just had a new paint job and the interiors are nearly finished with remodel work as well. This is a very good income-producing compound with an additional 2 acres abutting the property that can be purchased separately and that allow for R-3 High-density buildout of up to 14 units/acre.This is an excellent opportunity to buy income producing property while you add up to 28 additional units.Preliminary Engineering work has just been completed that shows the phasing and buildout plans.

Essential Information

  • MLS® #769620
  • Price$649,000
  • Square Footage43,560
  • Acres1.00
  • TypeCommercial Sales
  • StatusActive

Community Information

  • Address248 Four Mile Road
  • AreaFREEPORT
  • CityFREEPORT
  • CountyWALTON
  • StateFL
  • Zip Code32439

Exterior

  • Lot Description100 x 400

Additional Information

  • Days on Website793
  • ZoningR-3
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Property Summary (MLS® #: 769620): Located in FREEPORT at 248 Four Mile Road in the 32439 zip code. At a price of $649,000, this listing has been on DavisProp.com for 793 days.

Property Location

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Price Change History for 248 Four Mile Road, FREEPORT, FL (MLS® #769620)

Date Details Change
Price Increased from $599,000 to $649,000 $50,000 (8.35%)

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All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2019, All rights reserved.

Listing information last updated on April 24th, 2019 at 5:00pm CDT.