153 & 155 Caswell Branch Road
Freeport, FL 32439
$895,000
Active
Description
Charming Florida Cottage with Income Potential & Additional Lot Opportunity
Discover the charm and versatility of this adorable Florida cottage situated on approximately 1/4 acre, offering both immediate rental income and exciting possibilities for future use. The property features a large, open decks that wrap around the rear, front and extends along the length of the home, creating an inviting outdoor space for relaxing, entertaining, or enjoying the Florida lifestyle.
Inside, the cottage offers a warm and modern feel with crown molding, granite countertops, and durable LVP flooring throughout. Built with durability and Florida's coastal climate in mind, the home features construction designed to withstand winds up to 165 mph, along with double-pane windows, a metal roof, Hardie-Board siding, and additional insulation for improved energy efficiency.
The property has previously been part of a rental portfolio and has generated approximately $1,700 per month in rental income, providing an attractive opportunity for investors or buyers looking for a property with established income potential.
One of the property's standout features is the generous land and 7 additional lot opportunities.. Enjoy the larger yard and added privacy of the approximately 1-acre property, or take advantage of the adjoining lot and explore the potential to build an additional home or investment property both parcels include 8 total lots. ALL TAP FEES PAID !!
Listing details MLS# 1012646
Location, Tax and Legal
- Area
- 20 - Freeport
- Sub area
- 2005 - S. of 20 to Hwy 331
- Subdivision
- Caswell Landing PHS1
- County
- Walton
- Parcel ID
- 16-1S-19-23000-008-0044
- Tax year
- 2025
- Annual tax
- 1934.35
- Legal description
- Lot 1 Caswell Landing Phs 1 Unrec Desc As,Com Ne/Cor Of Se1/4 Of Nw1/4 Sec 16,S 00 Deg 32'52 Lot 1 Caswell Landing Phs 1 Unrec Desc As,Com Ne/Cor Of Se1/4 Of Nw1/4 Sec 16,S 00 Deg 32'52 155 Caswell Branch 16-1S-19-23000-008-0045 153 Caswell Branch 16-1S-19-23000-008-0044
- Zoning
- Resid Single Family
General Property Info
- Property type
- Land
- Acreage
- 1
- Lot size (sq ft)
- 43560
- Lot dimensions
- see attached...
Utilities
- Utilities
- Electric, Public Water, Tap Fee Paid
- Sewer
- Public Sewer
Schools
- Elementary
- Freeport
- Middle school
- Freeport
- High school
- Freeport
Remarks and Misc
- Directions
- From Highway 20 in Freeport turn South on to Four Mile Road. Travel .5 miles to dead and turn right. Homes and land are on the left.