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Waterfront Land with Existing Home
For Sale
$799,000

2554 Bay Grove Road, Freeport, FL 32439

Land, Freeport, FL

Property SizeContact for details
Lot Size0.27 Acres
Days on Market132

Property Features for 2554 Bay Grove Road

General Information

Property type Land
Property subtype Other
Zoning Resid Single Family
Subdivision South Bay Grove Road
Lot features Level, Survey Available, Within 1/2 Mile to Water
Elementary school Freeport
Middle school Freeport
High school Freeport
Directions from 331, turn onto Bay Grove Road at Grady Brown Park Property is on the left
Standard status Active
APN 04-2S-19-24010-001-0080
Lot size 0.27 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Lot 8 Blk 1 Bay Grove S/D Pb 2-48 Or 46-317 Or 1205-5 Or 2784-4792 Or 3058-1858 Or 3195-1152 Or 3327-1559
Tax Annual Amount 3226
Legal Description Lot 8 Blk 1 Bay Grove S/D Pb 2-48 Or 46-317 Or 1205-5 Or 2784-4792 Or 3058-1858 Or 3195-1152 Or 3327-1559

Utilities

Sewer type Public Sewer
Water front 1

Building Details

Building materials Brick
Listing Agency: La Florida Coastal Properties
Listed By: Theresa N Felton · License #3510728
Added: Apr 28 Changed: Aug 19 Last Checked: Sep 6 at 2:06AM
MLS# 1001835

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

Waterfront land in Freeport offering approximately 60 feet of bay frontage and direct access to the water. The property includes an existing 2-bedroom, 2-bath home and features a new roof installed in 2024, along with a new dock as noted in the remarks.

Zoned for residential single-family use, the property is listed for sale at 2554 Bay Grove Road in Walton County. Public remarks state there is no HOA.

The listing is currently under contract with a 72-hour kickout clause. Buyers should review all terms and conditions associated with the kickout within the purchase agreement process.

Key Highlights

  • Brick home with 2 bedrooms and 2 bathrooms
  • 60 feet of bay frontage with waterfront views
  • Water access with a new dock

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Electrical Service Storage Facility Kitchen & Bath Showroom Hair Salon Home Appliance Store Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

22
Businesses Nearby

Demographics for 32439, FL

12,943
Population
6,772
Households
1.9
Avg Household Size
41
Median Age
30%
College-Educated
92%
High-School Grad
96.5 sq mi
ZIP Area
134
Density / Sq Mi
$77,500
Median Household Income
$40,358
Median Earnings
$1,657
Median Rent
$343,900
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Waterfront Land - Waterfront parcel in Freeport with approximately 60 feet of bay frontage and a 2-bedroom, 2-bath home.
Where is this waterfront land located?
The property is located at 2554 Bay Grove Road Freeport, FL.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Brick home with 2 bedrooms and 2 bathrooms; 60 feet of bay frontage with waterfront views; Water access with a new dock
More about this property
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