Description
Welcome to the Verandas of Freeport, an exceptional investment opportunity in the thriving community of Freeport, FL. This 8-Plex, completed in 2023, presents a fantastic chance to invest in a rapidly growing area, with the added benefit of being 100% leased, generating over $15,000 in gross monthly rental income.Each of the eight spacious units is thoughtfully designed for modern living, featuring two bedrooms, two and a half bathrooms, and a well-appointed kitchen with high-quality finishes. The open floor plan maximizes space and natural light, offering comfort and style for tenants.Conveniently located in the heart of Freeport, this property is situated near schools, shopping centers, dining options, and recreational facilities.Easy access to major highways ensures a quick commute to neighboring cities and the stunning beaches of the Emerald Coast. Freeport is one of Florida's fastest-growing areas, making this an ideal time to own a property. The demand for quality rental properties is high, offering owners strong rental income potential and long-term appreciation. Don't miss out on this exceptional opportunity to invest in one of Florida's most promising markets. Inquire today for more information. Additionally, the opportunity to purchase an entire 8-plex building is available, providing a unique chance to own multiple units in this thriving community.
Legal Description
LOT 282 VERANDAS AT FREEPRT PH 2A-3 PB 25-92
Features of 80 Date Palm Ln
MLS® # | 956628 |
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Price | $1,950,000 |
Bedrooms | 3 |
Bathrooms | 3.00 |
Full Baths | 2 |
Half Baths | 1 |
Square Footage | 1,521 |
Acres | 0.00 |
Year Built | 2023 |
Type | Attached Single Unit |
Sub-Type | Attached Single Unit |
Style | Townhouse |
Status | Active |
Community Information
Address | 80 Date Palm Ln |
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Area | Freeport |
Subdivision | VERANDAS OF FREEPORT, THE |
City | FREEPORT |
County | WALTON |
State | FL |
Zip Code | 32439 |
Amenities
Utilities | Electric Available, Public Sewer Available, Public Water Available |
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Parking Spaces | 1 |
Parking | Other |
# of Garages | 1 |
Is Waterfront | No |
Has Pool | Yes |
Pool | Community |
Interior
Interior Features | Ceiling Crwn Molding, Floor Vinyl, Kitchen Island, Lighting Recessed, Newly Painted, Pantry, Shelving, Washer/Dryer Hookup, Window Treatment All |
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Appliances | Dishwasher, Disposal, Microwave, Range Hood, Refrigerator W/Ice Maker, Smoke Detector, Stove/Oven Electric |
Heating | Heat: Central Electric |
Cooling | A/C: Central Electric, Ceiling Fans |
Fireplace | No |
# of Stories | 2 |
Has Basement | No |
Exterior
Exterior | Siding CmntFbrHrdBrd |
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Exterior Features | Patio Covered, Sprinkler System |
Windows | Double Paned Windows |
School Information
Elementary | FREEPORT |
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Middle | FREEPORT |
High | FREEPORT |
Additional Information
Zoning | Residential Multi-Family |
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Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
HOA Fees | 125.05 |
HOA Fees Freq. | Monthly |
Listing Details
Office | Compass |
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