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Property profile & analytics
OFF-MARKET
Specialty properties

104 George Ellis Pt Rd Freeport, FL 32439

6.8 ac lot Built 1989
Property ID
Property summary
AI-generated overview

This exceptional 6.8-acre property in Freeport, Florida, presents a unique development opportunity on Lagrange Bayou. Boasting 725 feet of waterfront, this parcel currently includes three existing single-family homes and three docks. The permitted residential zoning allows for the potential development of up to eleven new residences, with six enjoying direct bayou frontage. The existing structures, built in 1989, offer immediate income potential or serve as a starting point for a larger-scale project. Located at 104 George Ellis Point Rd, Freeport, FL 32439, in Walton County, this land offers stunning bayou views and a desirable coastal lifestyle. The property's assessed value may differ from the actual size and details; please verify independently. This owner-user investment presents a chance to create a high-value residential development in a prime location. The property's APN is 28-1S-19-23000-009-0080. This is a rare opportunity to acquire a significant waterfront parcel with existing structures and substantial development potential. The asking price is $5,500,000.

Property profile
Verified
Property type Specialty properties
Year built 1989
Lot 6.8 ac (296,208 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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