74 E Shell Cracker Rd Freeport, FL 32439
Estimated payment $2,141/month
Highlights
- RV Access or Parking
- 0.49 Acre Lot
- 1-Story Property
- Freeport Middle School Rated A-
- Cooling System Mounted To A Wall/Window
About This Home
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.
Home Details
Home Type
- Single Family
Year Built
- Built in 2013
Lot Details
- 0.49 Acre Lot
- Lot Dimensions are 110x243
Interior Spaces
- 2,472 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Parking
- Carport
- RV Access or Parking
Schools
- Freeport Elementary And Middle School
- Freeport High School
Utilities
- Cooling System Mounted To A Wall/Window
- Central Air
- Septic Tank
- Phone Available
- Cable TV Available
Community Details
- Jolly Bay Acres Subdivision
Listing and Financial Details
- Assessor Parcel Number 02-2S-19-24000-010-0010
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $2,502 | $276,258 | $15,000 | $261,258 |
| 2024 | $201 | $308,176 | $15,000 | $293,176 |
| 2023 | $201 | $15,122 | $12,516 | $2,606 |
| 2022 | $205 | $16,129 | $13,892 | $2,237 |
| 2021 | $194 | $13,671 | $11,463 | $2,208 |
| 2020 | $184 | $11,792 | $9,897 | $1,895 |
| 2019 | $178 | $11,238 | $9,449 | $1,789 |
| 2018 | $175 | $10,884 | $0 | $0 |
| 2017 | $173 | $10,617 | $8,907 | $1,710 |
| 2016 | $174 | $10,617 | $0 | $0 |
| 2015 | $176 | $10,617 | $0 | $0 |
| 2014 | $178 | $10,617 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/20/2025 11/20/25 | For Sale | $375,000 | 0.0% | $152 / Sq Ft |
| 10/22/2025 10/22/25 | Pending | -- | -- | -- |
| 10/15/2025 10/15/25 | Price Changed | $375,000 | -6.0% | $152 / Sq Ft |
| 08/14/2025 08/14/25 | For Sale | $399,000 | -- | $161 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $93,100 | Mead Law & Title | |
| Warranty Deed | -- | Lafon Kyle D | |
| Warranty Deed | -- | Lafon Kyle D | |
| Warranty Deed | $90,000 | New Title Company Name | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $89,000 | Pinnacle Title Group Llc |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $93,069 | Balloon | |
| Previous Owner | $41,955 | Seller Take Back |
Source: Emerald Coast Association of REALTORS®
MLS Number: 983088
APN: 02-2S-19-24000-010-0010
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Ask me questions while you tour the home.