$201,013 - $206,000
RENTED JUL 31, 2025

15284 Business Hwy 331 Unit 11B Freeport, FL 32439

2 Beds
2.5 Baths
1,106 Sq Ft
$184 Price per Sq Ft

Highlights

  • Deck
  • Newly Painted Property
  • Walk-In Pantry
  • Freeport Elementary School Rated 9+
  • Community Pool
  • Living Room

About This Home

As of July 2025

The Palms of Freeport is a community of town homes nestled between trees with great amenities, including a playground and pool! This newly renovated unit has an open spacious living and dining area with modern fixtures. Brand new LVP flooring throughout, new appliances and paint! There are two spacious bedrooms and two full bathrooms upstairs. This location is convenient to Freeport schools, restaurants, shopping, library and parks and so much more! A Rental Application Fee of $80 for each applicant will be collected to initiate a screening and criminal background check as part of the application evaluation process. Beach Sunsets Inc charges a Resident fee of $25 per month payable with rent. This charge is designed to provide convenience and professional service to each tenant(s). Pet Security Deposits are $500 PER PET and refundable if there is no damage at lease end. Pet Rent is $25 PER PET per month. At lease execution, security deposit(s), pet security deposit(s), and any lease required prepaid rent are due and payable. Your first rent payment is made the day you move in and due the 1st to 5th of each month thereafter.

Last Agent to Rent the Property

Renee Friesen

Beach Sunsets Inc License #3354135 Listed on: 04/22/2025

Last Renter's Agent

Renee Friesen

Beach Sunsets Inc License #3354135 Listed on: 04/22/2025

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,014

Year Built

  • Built in 2006

Home Design

  • Newly Painted Property

Interior Spaces

  • 1,106 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Living Room
  • Dining Area
  • Vinyl Flooring
  • Exterior Washer Dryer Hookup

Kitchen

  • Walk-In Pantry
  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Home Security

Schools

  • Freeport Elementary And Middle School
  • Freeport High School

Additional Features

  • Deck
  • Central Air

Listing and Financial Details

  • 12 Month Lease Term
  • Assessor Parcel Number 10-1S-19-23100-000-0470

Community Details

Recreation

  • Community Playground
  • Community Pool

Additional Features

  • Palms Of Freeport Subdivision
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,014

Year Built

Built in 2006

Lot Details

0

Rental Info

  • Lease Term: 1 Year
  • Rental Info Lease Start Date: 2025-08-15

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Residential Lease
  • Subdivision Name: Palms of Freeport
  • Directions: FROM HWY 98 EAST, TAKE A LEFT ONTO 331N, AT STOP LIGHT TAKE A LEFT ONTO HWY 20 THEN A RIGHT ONTO BUSINESS HWY 331, TOWNHOMES WILL BE ON YOUR LEFT ACROSS FROM THE ELEMENTARY SCHOOL.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2006
  • Energy:AC - Central Elect: Yes
  • Rooms:Living Room: Yes
  • Appliances Microwave: Yes
  • Rooms:Dining Area: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Floor Vinyl
  • Interior Amenities: Newly Painted, Pantry, Washer/Dryer Hookup
  • Window Features: Window Treatment All
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Floor Vinyl: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Newly Painted: Yes

Exterior Features

  • Lot Features: Restrictions
  • Pool Features: Pool Type
  • Patio And Porch Features: Deck Open
  • Property Condition: Renovated
  • Lot Features:Restrictions: Yes
  • Exterior:Deck Open: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities Paid By All Utilities: Tenant
  • Utilities Paid By Association Fees: Owner

Condo/Co-op/Association

  • Community Features: Dumpster, Playground, Pool

Schools

  • Elementary School: Freeport
  • High School: Freeport
  • Middle Or Junior School: Freeport

Lot Info

  • Parcel #: 10-1S-19-23100-000-0470
  • Zoning: Resid Multi-Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 26, 2021
Sold by
Morbitzer Paul and Morbitzer Elizabeth
Bought by
504 Group Llc
Current Estimated Value
$203,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,600
Outstanding Balance
$189,839
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving
Estimated Equity
$13,914

Purchase Details

Closed on
Mar 17, 2020
Sold by
Palms Of Freeport Townhomes Llc
Bought by
Morbitzer Paul William and Morbitzer Elizabeth Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,800
Interest Rate
3.4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
504 Group Llc -- None Available
504 Group Llc $100 Morbitzer Paul
Morbitzer Paul William $141,000 Setco Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morbitzer Paul William $210,600
Previous Owner Morbitzer Paul William $112,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2025 07/31/25 Rented $1,575 0.0% --
07/08/2025 07/08/25 Price Changed $1,575 -3.1% $1 / Sq Ft
04/22/2025 04/22/25 For Rent $1,625 -- --
Source: Emerald Coast Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,014 $178,785 $30,000 $148,785
2023 $2,014 $147,303 $0 $0
2022 $1,786 $133,912 $0 $133,912
2021 $1,529 $110,346 $0 $110,346
2020 $1,315 $110,346 $0 $110,346
2019 $1,238 $108,516 $0 $108,516
2018 $1,047 $95,773 $0 $0
2017 $901 $76,621 $0 $0
2016 $752 $55,284 $0 $0
2015 $760 $55,284 $0 $0
2014 $748 $55,284 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Renee Friesen

    Landlord's Agent in 2025

    Renee Friesen

    Beach Sunsets Inc

    (850) 660-1509

    30 Total Sales

    Renee Friesen
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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 974524

Emerald Coast Association of REALTORS®

APN: 10-1S-19-23100-000-0470

Florida Walton County Freeport 32439

15284 Business Hwy 331 Unit 11B, Freeport, FL

This home is located at 15284 Business Hwy 331 Unit 11B, Freeport, FL 32439 since 22 April 2025 and is currently priced at $203,753. This property was built in 2006. 15284 Business Hwy 331 Unit 11B is a home located in Walton County with nearby schools including Freeport Elementary School, Freeport Middle School, and Freeport Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Emerald Coast Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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