15284 331 Business Unit 7B · Freeport, FL 32439

$210,000

3 bd · 2.0 ba · 1,174 sqft · Townhouse public records · 27 Days on market

Built 2007 Est $210k · at est. $130/mo HOA · 7% of rent

---

Why this score? — see what drove the D+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +15.6/30.0
• ARV discount +7.5/15.0
• Schools +5.2/10.0
• DSCR +4.8/10.0
• 1% rule +4.2/10.0
• Livability +3.4/5.0
• Rent growth +2.9/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

The Palms of Freeport represents a sanctuary for anyone wishing to escape the congestion of South Walton, yet reside just fifteen miles from the white sand beaches of Grayton Beach. The Palms of Freeport is a low density community of townhomes nestled between trees and lush foliage with great amenities including a park, pool, pool house, and more. The unit features granite counter tops, solid wood custom cabinets, stainless steel appliances, 18 inch tile, travertine counters in bathrooms, New Orleans style paver entry ways, upgraded lighting package, wooden decks on the back of each unit, wooden blinds, plenty of storage, large bedrooms, and a spacious floor plan. GREAT RENTAL INVESTMENT!! Both bedrooms are located upstairs with a large master bedroom overlooking the foliage. There is a guest bedroom on the upper level with a full bath and an additional bathroom conveniently located downstairs. Bathrooms, entry and kitchen offer tile flooring and there are 18" tile countertops in the bathrooms. Prime feature is the back patio. Entertain on the wooden patio off the living area surrounded by nature and be in an affordable, convenient location for expanding Freeport. Own for less than renting, plus seller will pay for title insurance and home warranty for buyer, at closing.

Key facts

• A/c updated
• Private deck
• New fencing

Tags

• ROOF REPLACED
• A/C UPDATED
• VINYL PLANK FLOORING
• PRIVATE DECK
• NEW FENCING
• TWO FULL BATHROOMS

Property features AI

Finance

• HOA & community: Has association; Association covers grounds maintenance, management, and recreational facility; Fees include ground keeping, management, recreational facility, and master association

Exterior

• Parking: 2 assigned parking spaces
• Security: Smoke detector(s)
• Utilities: Public water; Public sewer; Electric service
• Home design: Townhome; 2 stories; Built in 2007; Resid Multi-Family zoning; Located in PALMS OF FREEPORT subdivision
• Construction: Built in 2007
• Exterior features: Open deck; Community pool; Dumpster on site; Pets allowed; Minimum rental period (community restriction)

Interior

• Kitchen: Dishwasher; Disposal; Refrigerator
• Bedrooms: 2 bedrooms; Master bedroom on second floor with tile master bathroom; Secondary bedroom on second floor
• Flooring: Tile; Vinyl
• Bathrooms: 3 total bathrooms (2 full, 1 half)
• Heating & cooling: Central heating; Central air; Ceiling fans; Electric heat control
• Interior features: Recessed lighting; Washer/dryer hookup; Window treatments; Smoke detector(s)
• Laundry & utility: Washer; Dryer; Electric water heater

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath townhouse listed at $210k.

Deal economics

• At list price, monthly cash flow is $89 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $193k (7.9% below list).
• Recommended offer: $193k (7.9% below list) — sets the bar for 1% rule.
• Cap rate 6.8% vs local median 3.0% in Freeport — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 68/100 on livability (#520 in FL) — a middle-class / working-renter tenant base. Strengths: crime A+, housing A+, employment B+; Watch: health & safety C-, amenities F, commute F.
• Walton (rural): math 62% / reading 61% proficiency, ranked #10 of 73 in FL (top 14%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Freeport Elementary School (math 50% / reading 57%, grade C, #949 of 2,144 statewide, top 45%, 1,123 students, 55% FRL); Emerald Coast Middle School (math 70% / reading 65%, grade A-, #77 of 571 statewide, top 14%, 868 students, 24% FRL); Freeport Senior High School (math 47% / reading 62%, grade C-, #138 of 667 statewide, top 21%, 557 students, 43% FRL).
• Market conditions: Rents rising (+1.4%/yr); 1020 active listings in the ZIP; 19 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 2,883 units permitted in Walton County in 2024 (1,322 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
• Walton County population projected at +46% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 27 days — a 2% lower offer ($207k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 6y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $143k; 47% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $193,328 (7.9% below list)

Questions for the listing agent

1. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
4. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
5. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
6. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.92% ✗
• Cap rate: 6.80%
• Cash-on-cash: 1.81%
• DSCR: 1.08
• GRM: 9.1

CMA / ARV

• ARV (on-the-fly): $210,146
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
15284 331 Business Hwy Unit 12E	0.05mi	2/2.5 (-1)	1,174 (0%)	2mo	$199,500	$170	88
15284 331 Business Unit 11A	0.06mi	2/2.5 (-1)	1,174 (0%)	11mo	$198,000	$169	81
29 N Sand Palm Rd	0.18mi	2/2.5 (-1)	1,152 (-2%)	1mo	$204,000	$177	80
15284 331 Business Unit 12C	0.05mi	2/2.5 (-1)	1,174 (0%)	13mo	$200,000	$170	80
20 N Sand Palm Rd	0.18mi	2/2.5 (-1)	1,152 (-2%)	11mo	$206,000	$179	72
62 N Sand Palm Rd	0.22mi	2/2.5 (-1)	1,152 (-2%)	16mo	$225,000	$195	66
179 N Sand Palm Rd #179	0.19mi	3/2.5	1,336 (+14%)	12mo	$234,500	$176	56
294 Date Palm Ln	0.18mi	3/2.5	1,336 (+14%)	12mo	$240,000	$180	56
16 Date Palm Ln	0.16mi	3/2.5	1,336 (+14%)	14mo	$259,000	$194	56
354 Date Palm Ln	0.18mi	3/2.5	1,336 (+14%)	16mo	$235,000	$176	54
262 N Sand Palm Rd	0.23mi	3/2.5	1,336 (+14%)	16mo	$241,000	$180	51
314 N Sand Palm Rd Unit Vista Unit	0.27mi	3/2.5	1,336 (+14%)	21mo	$245,000	$183	45

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 1.4% rent growth · sell at horizon

5-year hold

• IRR: -15.2%
• Equity multiple: 0.47×
• Total profit: $-31,427
• Equity at exit: $31,312

10-year hold

• IRR: -9.6%
• Equity multiple: 0.45×
• Total profit: $-32,184
• Equity at exit: $18,157

Cash invested: $58,800 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 32439

• Home prices YoY: -4.2%
• Rents YoY: 1.4%
• Active inventory: 1020
• Price-to-rent: 9.1×

Monthly cashflow live

• Estimated rent: $1,933 high
• Mortgage (P&I): −$1,101
• Tax from tax record: −$120 /mo · $1,439/yr
• Insurance: −$88
• HOA: −$130
• Vacancy / Maint / Mgmt: −$406
• Net cashflow: $89

Break-even live

Break-even rent $1,821

Max offer price $210,000

Occupancy floor 90%

Sensitivity live

Price	-10% $207	-5% $148	+0% $89	+5% $29	+10% $-30
Rent	-10% $-64	-5% $12	+0% $89	+5% $165	+10% $241
Rate	-1.0pp $194	-0.5pp $142	base $89	+0.5pp $34	+1.0pp $-21

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $52,500
• Closing costs: $6,300
• Reserves months: —
• Total cash needed: —

Rent comps 19 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
15284 U.S. 331 Business Freeport, FL	2.0	3.0	1106	$1,400	$1.27	23d	1	0.06mi
151 Date Palm Ln Freeport, FL	3.0	2.5	1484	$1,775	$1.20	15d	1	0.14mi
156 Date Palm Ln Freeport, FL	3.0	2.5	1432	$2,300	$1.61	23d	1	0.17mi
147 N Sand Palm Rd Freeport, FL	3.0	2.5	1471	$1,595	$1.08	23d	1	0.21mi
259 N Sand Palm Rd Freeport, FL	3.0	2.5	1336	$1,600	$1.20	23d	1	0.24mi
246 N Sand Palm Rd Freeport, FL	3.0	2.5	1471	$1,650	$1.12	23d	1	0.25mi
76 N Sand Palm Rd Freeport, FL	2.0	3.0	1128	$1,450	$1.29	23d	1	0.26mi
15031 U.S. 331 Business Unit 117 Freeport, FL	3.0	2.0	1007	$1,700	$1.69	23d	1	0.34mi
15031 U.S. 331 Business Unit 104 Freeport, FL	3.0	2.0	1007	$1,800	$1.79	23d	1	0.34mi
70 Jakes Way Freeport, FL	3.0	2.0	1500	$2,100	$1.40	23d	1	0.69mi
266 Emr AVE Freeport, FL	1.0–2.0	1.0–2.0	909	$985	$1.08	15d	5	0.75mi
3495 Sanctuary WAY Melbourne, FL	1.0–3.0	1.0–2.0	1002	$2,412	$2.41	15d	38	0.76mi
255 N Jackson St Freeport, FL	3.0	2.0	1456	$2,100	$1.44	23d	1	0.79mi
2 Polk St Freeport, FL	3.0	2.0	1155	$1,550	$1.34	23d	1	0.95mi
832 Whispering Creek Ave Freeport, FL	4.0	2.0	1398	$2,175	$1.56	23d	1	0.96mi
51 S Main Deck Dr Freeport, FL	3.0	2.5	1500	$2,095	$1.40	23d	1	1.23mi
47 S Main Deck Dr Unit 1 Freeport, FL	3.0	2.5	1459	$2,000	$1.37	23d	1	1.23mi
41 S Main Deck Dr Unit 1 Freeport, FL	3.0	2.5	1500	$2,195	$1.46	23d	1	1.24mi
245 Pine St Freeport, FL	3.0	2.0	1368	$2,000	$1.46	23d	1	1.39mi

HOA detail

• Monthly dues: $130 · $1,560/yr
• Likely covers: pool

Listing history 30 events

1. 2026-06-21
   days on market $210,000 Active 27 DOM
2. 2026-06-18
   days on market $210,000 Active 24 DOM
3. 2026-06-17
   days on market $210,000 Active 23 DOM
4. 2026-06-16
   days on market $210,000 Active 22 DOM
5. 2026-06-15
   days on market $210,000 Active 21 DOM
6. 2026-06-14
   days on market $210,000 Active 19 DOM
7. 2026-06-13
   days on market $210,000 Active 18 DOM
8. 2026-06-10
   days on market $210,000 Active 16 DOM
9. 2026-06-09
   days on market $210,000 Active 15 DOM
10. 2026-06-08
    days on market $210,000 Active 14 DOM
11. 2026-06-07
    days on market $210,000 Active 13 DOM
12. 2026-06-05
    days on market $210,000 Active 10 DOM
13. 2026-06-03
    days on market $210,000 Active 9 DOM
14. 2026-06-02
    days on market $210,000 Active 8 DOM
15. 2026-06-01
    days on market $210,000 Active 7 DOM
16. 2026-05-31
    days on market $210,000 Active 6 DOM
17. 2026-05-30
    days on market $210,000 Active 5 DOM
18. 2026-05-25
    listed $210,000 Active
19. 2026-05-21
    listed $1,800
20. 2026-05-02
    historical $1,800
21. 2026-04-20
    listed $1,800
22. 2025-09-05
    listed $215,000 Active
23. 2020-11-19
    soldstatus $143,000
24. 2020-11-17
    soldstatus $143,000 Sold 1296-char remark

    Show marketing remark (1296 chars)

    The Palms of Freeport represents a sanctuary for anyone wishing to escape the congestion of South Walton, yet reside just fifteen miles from the white sand beaches of Grayton Beach. The Palms of Freeport is a low density community of townhomes nestled between trees and lush foliage with great amenities including a park, pool, pool house, and more. The unit features granite counter tops, solid wood custom cabinets, stainless steel appliances, 18 inch tile, travertine counters in bathrooms, New Orleans style paver entry ways, upgraded lighting package, wooden decks on the back of each unit, wooden blinds, plenty of storage, large bedrooms, and a spacious floor plan. GREAT RENTAL INVESTMENT!! Both bedrooms are located upstairs with a large master bedroom overlooking the foliage. There is a guest bedroom on the upper level with a full bath and an additional bathroom conveniently located downstairs. Bathrooms, entry and kitchen offer tile flooring and there are 18" tile countertops in the bathrooms. Prime feature is the back patio. Entertain on the wooden patio off the living area surrounded by nature and be in an affordable, convenient location for expanding Freeport. Own for less than renting, plus seller will pay for title insurance and home warranty for buyer, at closing.

25. 2020-11-17
    soldstatus $143,000 1296-char remark

    Show marketing remark (1296 chars)

    The Palms of Freeport represents a sanctuary for anyone wishing to escape the congestion of South Walton, yet reside just fifteen miles from the white sand beaches of Grayton Beach. The Palms of Freeport is a low density community of townhomes nestled between trees and lush foliage with great amenities including a park, pool, pool house, and more. The unit features granite counter tops, solid wood custom cabinets, stainless steel appliances, 18 inch tile, travertine counters in bathrooms, New Orleans style paver entry ways, upgraded lighting package, wooden decks on the back of each unit, wooden blinds, plenty of storage, large bedrooms, and a spacious floor plan. GREAT RENTAL INVESTMENT!! Both bedrooms are located upstairs with a large master bedroom overlooking the foliage. There is a guest bedroom on the upper level with a full bath and an additional bathroom conveniently located downstairs. Bathrooms, entry and kitchen offer tile flooring and there are 18" tile countertops in the bathrooms. Prime feature is the back patio. Entertain on the wooden patio off the living area surrounded by nature and be in an affordable, convenient location for expanding Freeport. Own for less than renting, plus seller will pay for title insurance and home warranty for buyer, at closing.

26. 2020-09-29
    status Pending 1296-char remark

    Show marketing remark (1296 chars)

    The Palms of Freeport represents a sanctuary for anyone wishing to escape the congestion of South Walton, yet reside just fifteen miles from the white sand beaches of Grayton Beach. The Palms of Freeport is a low density community of townhomes nestled between trees and lush foliage with great amenities including a park, pool, pool house, and more. The unit features granite counter tops, solid wood custom cabinets, stainless steel appliances, 18 inch tile, travertine counters in bathrooms, New Orleans style paver entry ways, upgraded lighting package, wooden decks on the back of each unit, wooden blinds, plenty of storage, large bedrooms, and a spacious floor plan. GREAT RENTAL INVESTMENT!! Both bedrooms are located upstairs with a large master bedroom overlooking the foliage. There is a guest bedroom on the upper level with a full bath and an additional bathroom conveniently located downstairs. Bathrooms, entry and kitchen offer tile flooring and there are 18" tile countertops in the bathrooms. Prime feature is the back patio. Entertain on the wooden patio off the living area surrounded by nature and be in an affordable, convenient location for expanding Freeport. Own for less than renting, plus seller will pay for title insurance and home warranty for buyer, at closing.

27. 2020-09-09
    status Active 1296-char remark

    Show marketing remark (1296 chars)

    The Palms of Freeport represents a sanctuary for anyone wishing to escape the congestion of South Walton, yet reside just fifteen miles from the white sand beaches of Grayton Beach. The Palms of Freeport is a low density community of townhomes nestled between trees and lush foliage with great amenities including a park, pool, pool house, and more. The unit features granite counter tops, solid wood custom cabinets, stainless steel appliances, 18 inch tile, travertine counters in bathrooms, New Orleans style paver entry ways, upgraded lighting package, wooden decks on the back of each unit, wooden blinds, plenty of storage, large bedrooms, and a spacious floor plan. GREAT RENTAL INVESTMENT!! Both bedrooms are located upstairs with a large master bedroom overlooking the foliage. There is a guest bedroom on the upper level with a full bath and an additional bathroom conveniently located downstairs. Bathrooms, entry and kitchen offer tile flooring and there are 18" tile countertops in the bathrooms. Prime feature is the back patio. Entertain on the wooden patio off the living area surrounded by nature and be in an affordable, convenient location for expanding Freeport. Own for less than renting, plus seller will pay for title insurance and home warranty for buyer, at closing.

28. 2020-09-05
    status Pending 1296-char remark

    Show marketing remark (1296 chars)

    The Palms of Freeport represents a sanctuary for anyone wishing to escape the congestion of South Walton, yet reside just fifteen miles from the white sand beaches of Grayton Beach. The Palms of Freeport is a low density community of townhomes nestled between trees and lush foliage with great amenities including a park, pool, pool house, and more. The unit features granite counter tops, solid wood custom cabinets, stainless steel appliances, 18 inch tile, travertine counters in bathrooms, New Orleans style paver entry ways, upgraded lighting package, wooden decks on the back of each unit, wooden blinds, plenty of storage, large bedrooms, and a spacious floor plan. GREAT RENTAL INVESTMENT!! Both bedrooms are located upstairs with a large master bedroom overlooking the foliage. There is a guest bedroom on the upper level with a full bath and an additional bathroom conveniently located downstairs. Bathrooms, entry and kitchen offer tile flooring and there are 18" tile countertops in the bathrooms. Prime feature is the back patio. Entertain on the wooden patio off the living area surrounded by nature and be in an affordable, convenient location for expanding Freeport. Own for less than renting, plus seller will pay for title insurance and home warranty for buyer, at closing.

29. 2020-05-17
    listed $143,000 Active 1296-char remark

    Show marketing remark (1296 chars)

    The Palms of Freeport represents a sanctuary for anyone wishing to escape the congestion of South Walton, yet reside just fifteen miles from the white sand beaches of Grayton Beach. The Palms of Freeport is a low density community of townhomes nestled between trees and lush foliage with great amenities including a park, pool, pool house, and more. The unit features granite counter tops, solid wood custom cabinets, stainless steel appliances, 18 inch tile, travertine counters in bathrooms, New Orleans style paver entry ways, upgraded lighting package, wooden decks on the back of each unit, wooden blinds, plenty of storage, large bedrooms, and a spacious floor plan. GREAT RENTAL INVESTMENT!! Both bedrooms are located upstairs with a large master bedroom overlooking the foliage. There is a guest bedroom on the upper level with a full bath and an additional bathroom conveniently located downstairs. Bathrooms, entry and kitchen offer tile flooring and there are 18" tile countertops in the bathrooms. Prime feature is the back patio. Entertain on the wooden patio off the living area surrounded by nature and be in an affordable, convenient location for expanding Freeport. Own for less than renting, plus seller will pay for title insurance and home warranty for buyer, at closing.

30. 2020-05-17
    listed $143,000 1296-char remark

    Show marketing remark (1296 chars)

    The Palms of Freeport represents a sanctuary for anyone wishing to escape the congestion of South Walton, yet reside just fifteen miles from the white sand beaches of Grayton Beach. The Palms of Freeport is a low density community of townhomes nestled between trees and lush foliage with great amenities including a park, pool, pool house, and more. The unit features granite counter tops, solid wood custom cabinets, stainless steel appliances, 18 inch tile, travertine counters in bathrooms, New Orleans style paver entry ways, upgraded lighting package, wooden decks on the back of each unit, wooden blinds, plenty of storage, large bedrooms, and a spacious floor plan. GREAT RENTAL INVESTMENT!! Both bedrooms are located upstairs with a large master bedroom overlooking the foliage. There is a guest bedroom on the upper level with a full bath and an additional bathroom conveniently located downstairs. Bathrooms, entry and kitchen offer tile flooring and there are 18" tile countertops in the bathrooms. Prime feature is the back patio. Entertain on the wooden patio off the living area surrounded by nature and be in an affordable, convenient location for expanding Freeport. Own for less than renting, plus seller will pay for title insurance and home warranty for buyer, at closing.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $1,439 · $120/mo
• Projected year-2 tax: $1,743 · $145/mo
• Expected delta: +$304/yr (+$25/mo · 21.1%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 10/10 Extreme 7 d/yr ≥105°F today · 21 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,199
• − Mortgage interest: −$11,763
• − Property taxes: −$1,439
• − Insurance: −$1,050
• − Repairs & maintenance: −$1,856
• − Management: −$1,856
• − HOA: −$1,560
• − Depreciation: −$6,109
• Taxable loss: −$2,434
• Est. tax savings @ 24.0%: +$584
• After-tax cash flow: $1,648/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Walton
• NCES district ID: 1201980
• Math proficiency: 62% ▼ -4.00%
• Reading proficiency: 61% ▼ -2.00%
• Median HH income: $46,794
• Composite: 52.03/100
• National rank: #1634
• State rank: #10 of 73 in FL

Livability — Freeport

• Score: 68/100
• State rank: #520
• US rank: #9579

Category grades

Amenities F Commute F Cost of living B Crime A+ Employment B+ Housing A+ Health & safety C- User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Freeport, FL
• County: Walton County · 70,839 people
• City population: 15,328
• Metro: Crestview-Fort Walton Beach-Destin, FL
• Population (ZIP): 15,328
• Household income: $83,227
• Rent vs Own: 19.9% rent · 80.1% own
• Severe rent burden: 172.0

Population outlook (Walton County) Hauer SSP2

• Today (2025): 80,014 people
• By 2030: 88,120 · +10.1%
• By 2040: 103,537 · +29.4%
• By 2050: 117,034 · +46.3%
• By 2075: 143,901 · +79.8%
• By 2100: 155,138 · +93.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (76%)
• Race & ethnicity: White 76% Hispanic / Latino 16% Two or more races 8% Native American 5% Black 1%
• Hispanic origin (detail): Mexican 8% Puerto Rican 2% Cuban 1%
• Common ancestry: Slovak 3% Italian 3% Serbian 2%
• Foreign-born: 8% · Canada, Jamaica
• Languages at home: 86% English-only · Spanish 13% Other Indo-European 1%

Political lean MEDSL · Walton

• 2024 margin: Solid R (+57.8) · D 20.7% · R 78.6%
• 2008→2024 swing: -12.0pp toward R · 2008: -45.8pp · 2024: -57.8pp
• All cycles: 2024: R+57.8 2020: R+51.7 2016: R+56.1 2012: R+52.0 2008: R+45.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -15.18%
• Current HPI: 350.4692
• Rent YoY: ▲ 1.40%
• Metro: Crestview-Fort Walton Beach-Destin, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+46.9% since first listed

13 events — show timeline

• 2026-05-25 Listed $210,000 ECAR
• 2026-05-21 Listed for Rent $1,800 ECAR
• 2026-05-02 Rental Removed $1,800 ECAR
• 2026-04-20 Listed for Rent $1,800 ECAR
• 2025-09-05 Listed $215,000 ECAR
• 2020-11-19 Sold (Public Records) $143,000 Public Records
• 2020-11-17 Sold (MLS) $143,000 NAMLS
• 2020-11-17 Sold (MLS) $143,000 ECAR
• 2020-09-29 Pending — ECAR
• 2020-09-09 Relisted — ECAR
• 2020-09-05 Pending — ECAR
• 2020-05-17 Listed $143,000 ECAR
• 2020-05-17 Listed $143,000 NAMLS

Property tax history

+6.1%/yr

Latest (2025): $1,439 · -40.4% YoY. Source: county tax records.