80 Woodsorrel St · Freeport, FL
Flood risk 9/10 · Severe
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.99%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 4/10 · Minor
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 10/10 · Severe
- Hot days now (above 106°F)
- 7 days/yr
- Hot days in 30 yrs
- 23 days/yr
Wind risk 9/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 1/10 · Minimal
- Unhealthy air days now
- 0 days/yr
- Unhealthy air days in 30 yrs
- 0 days/yr
Risk factors via First Street. Map © Google.
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 +12.2/30.0
- ARV discount +10.7/15.0
- Schools +5.2/10.0
- DSCR +3.6/10.0
- Livability +3.4/5.0
- 1% rule +3.1/10.0
- Rent growth +2.9/5.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$315,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
The Owl's Head community is conveniently located off of Highway 331 in Freeport. We are only 8 miles to Interstate 10, and 16 miles to beautiful beaches and Highway 30 A. We offer 6 floor plans, 3 and 4 bedrooms. All homes have rear entry garages. This community offers a community area with paved walking trails and a spring fed lake. | The Bayberry plan is a single story 3 bedroom, 2 bath home. This open floor plan features a covered front porch and a very large primary bedroom. The primary bathroom has a large shower, and a spacious closet off of the bathroom.
Key facts
- Brick patio
- Stylish backsplash
- Lush landscaping
Tags
Property features AI
Finance
- HOA & community: Homeowners association membership required; HOA fees cover accounting and master association services; Community: Owl's Head East with dock and fishing access
Exterior
- Parking: 2-car garage; 2 driveway parking spaces; Garage with automatic door opener
- Utilities: Electric service; Public water; Public sewer; Energy: central AC (electric), electric heat controls, electric water heater
- Home design: Craftsman style; Single-story; Built in 2023; Resid Single Family zoning
- Construction: Shingle roof; Slab foundation; Trim vinyl siding
- Exterior features: Front porch; Paved road access
Interior
- Kitchen: Dishwasher; Disposal; Microwave
- Bedrooms: 3 bedrooms (all on the first level); Master bedroom carpeted; Master bathroom with shower
- Bathrooms: 2 full bathrooms
- Heating & cooling: Central heating; Central air conditioning
- Interior features: Kitchen island; Pantry; Washer/dryer hookup; 5 total rooms
- Laundry & utility: Washer/dryer hookup; Electric water heater
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath single-family listed at $315k.
Deal economics
- At list price, monthly cash flow is $-131 ($-2k/yr) — negative.
- To cash-flow at today's rent, offer at most $292k (7.3% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $255k (18.9% below list).
- Recommended offer: $255k (18.9% below list) — sets the bar for 1% rule.
- Cap rate 6.0% 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); Freeport Senior High School (math 47% / reading 62%, grade C-, #138 of 667 statewide, top 21%, 557 students, 43% FRL) — zoned schools at 49% FRL track the district average.
- Market conditions: Rents rising (+1.4%/yr); 1020 active listings in the ZIP; 9 comparable units currently listed for rent nearby; rentals at typical pace (median 22d 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).
- This rent runs 37% of the median local income ($83k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $9k 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 86 days — a 6% lower offer ($296k) is reasonable based on typical stale-listing flexibility.
- 2 sale attempts since 3y 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.
Risks & watch-outs
- Watch-outs: flood insurance adds $66/mo.
- Climate carrying-cost: severe flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- It's been on market 86 days. Have you received any prior offers? Is the seller open to a 19% concession, seller financing, or rate buy-down credit?
- What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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.
- 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.
- 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
- 0.81% ✗
- Cap rate
- 6.05%
- Cash-on-cash
- -0.88%
- DSCR
- 0.96
- GRM
- 10.3
CMA / ARV
- ARV (on-the-fly)
- $339,444
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 165 Sweetclover St | 0.27mi | 3/2.0 | 1,828 (+2%) | 1mo | $339,850 | $186 | 84 |
| 216 Huckleberry St | 0.11mi | 3/2.0 | 1,682 (-6%) | 1mo | $322,100 | $191 | 83 |
| 41 Woodsorrel St | 0.07mi | 3/2.0 | 1,682 (-6%) | 6mo | $299,900 | $178 | 82 |
| 256 Parkside St | 0.21mi | 3/2.0 | 1,828 (+2%) | 7mo | $347,380 | $190 | 82 |
| 57 Huckleberry St | 0.18mi | 3/2.0 | 1,720 (-4%) | 4mo | $335,467 | $195 | 81 |
| 104 Sweetthorn St | 0.23mi | 3/2.0 | 1,720 (-4%) | 3mo | $330,175 | $192 | 80 |
| 214 Sweetthorn St | 0.31mi | 3/2.0 | 1,822 (+1%) | 4mo | $328,600 | $180 | 80 |
| 465 Bluebeech St | 0.33mi | 3/2.0 | 1,720 (-4%) | 7mo | $332,856 | $194 | 72 |
| 224 Sweetthorn St | 0.32mi | 3/2.0 | 1,682 (-6%) | 6mo | $317,900 | $189 | 69 |
| 226 Huckleberry St | 0.31mi | 4/2.5 (+1) | 1,963 (+9%) | 4mo | $337,900 | $172 | 60 |
| 26 Parkside St | 0.13mi | 4/3.0 (+1) | 2,038 (+14%) | 7mo | $325,000 | $159 | 57 |
| 206 Huckleberry St | 0.29mi | 4/3.0 (+1) | 2,038 (+14%) | 1mo | $286,848 | $141 | 54 |
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
- IRR
- -21.0%
- Equity multiple
- 0.28×
- Total profit
- $-63,410
- Equity at exit
- $46,968
- IRR
- -18.5%
- Equity multiple
- 0.07×
- Total profit
- $-81,952
- Equity at exit
- $27,235
Cash invested: $88,200 (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
ZIP-level market 32439
- Home prices YoY
- -4.2%
- Rents YoY
- 1.4%
- Active inventory
- 1020
- Price-to-rent
- 10.3×
Monthly cashflow live
- Estimated rent
- $2,554 high interval (Pro) →
- Mortgage (P&I)
- −$1,652
- Tax from tax record
- −$212 /mo · $2,544/yr
- Insurance
- −$131
- Flood insurance flood zone
- −$66 /mo · $798/yr
- HOA
- −$87
- Vacancy / Maint / Mgmt
- −$536
- Net cashflow
- $-131
Break-even live
Sensitivity live
| Price | -10% $47 | -5% $-42 | +0% $-131 | +5% $-220 | +10% $-309 |
|---|---|---|---|---|---|
| Rent | -10% $-333 | -5% $-232 | +0% $-131 | +5% $-30 | +10% $71 |
| Rate | -1.0pp $28 | -0.5pp $-51 | base $-131 | +0.5pp $-213 | +1.0pp $-296 |
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
- $78,750
- Closing costs
- $9,450
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 9 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 133 Staggerbush St Freeport, FL | 4.0 | 2.5 | 2048 | $2,645 | $1.29 | 14d | 1 | 0.06mi |
| 80 Silverthorn St Freeport, FL | 3.0 | 2.0 | 1662 | $2,200 | $1.32 | 22d | 1 | 0.06mi |
| 50 Sedge Cir Freeport, FL | 1.0–3.0 | 1.0–2.0 | 1156 | $2,700 | $2.33 | 22d | 1 | 0.41mi |
| 36 Gray Owl Dr E Freeport, FL | 4.0 | 2.0 | 2108 | $2,800 | $1.33 | 22d | 1 | 0.91mi |
| 585 Claudia Cir Freeport, FL | 1.0–3.0 | 1.0–2.0 | 1082 | $2,040 | $1.89 | 22d | 47 | 1.20mi |
| 593 Alleyoak Ln Freeport, FL | 3.0 | 2.0 | 1634 | $2,600 | $1.59 | 22d | 1 | 1.30mi |
| 530 Alleyoak Ln Defuniak Springs, FL | 3.0 | 2.0 | 1711 | $2,500 | $1.46 | 22d | 1 | 1.31mi |
| 664 Alleyoak Ln Defuniak Springs, FL | 3.0 | 2.0 | 1634 | $2,600 | $1.59 | 22d | 1 | 1.38mi |
| 692 Alleyoak Ln Defuniak Springs, FL | 3.0 | 2.0 | 1776 | $2,500 | $1.41 | 22d | 1 | 1.42mi |
HOA detail
- Monthly dues
- $87 · $1,044/yr
Listing history 26 events
-
2026-06-21days on market $315,000 Active 86 DOM
-
2026-06-18days on market $315,000 Active 83 DOM
-
2026-06-17days on market $315,000 Active 82 DOM
-
2026-06-16days on market $315,000 Active 81 DOM
-
2026-06-15days on market $315,000 Active 80 DOM
-
2026-06-14days on market $315,000 Active 78 DOM
-
2026-06-13days on market $315,000 Active 77 DOM
-
2026-06-10days on market $315,000 Active 75 DOM
-
2026-06-09days on market $315,000 Active 74 DOM
-
2026-06-08days on market $315,000 Active 73 DOM
-
2026-06-07days on market $315,000 Active 72 DOM
-
2026-06-05days on market $315,000 Active 69 DOM
-
2026-06-03days on market $315,000 Active 68 DOM
-
2026-06-03days on market $315,000 Active 67 DOM
-
2026-06-01days on market $315,000 Active 66 DOM
-
2026-05-31days on market $315,000 Active 65 DOM
-
2026-05-30days on market $315,000 Active 64 DOM
-
2026-03-27$315,000 Active
-
2024-02-29soldstatus $312,900 Sold 573-char remark
Show marketing remark (573 chars)
The Owl's Head community is conveniently located off of Highway 331 in Freeport. We are only 8 miles to Interstate 10, and 16 miles to beautiful beaches and Highway 30 A. We offer 6 floor plans, 3 and 4 bedrooms. All homes have rear entry garages. This community offers a community area with paved walking trails and a spring fed lake. | The Bayberry plan is a single story 3 bedroom, 2 bath home. This open floor plan features a covered front porch and a very large primary bedroom. The primary bathroom has a large shower, and a spacious closet off of the bathroom.
-
2024-02-07status Pending 573-char remark
Show marketing remark (573 chars)
The Owl's Head community is conveniently located off of Highway 331 in Freeport. We are only 8 miles to Interstate 10, and 16 miles to beautiful beaches and Highway 30 A. We offer 6 floor plans, 3 and 4 bedrooms. All homes have rear entry garages. This community offers a community area with paved walking trails and a spring fed lake. | The Bayberry plan is a single story 3 bedroom, 2 bath home. This open floor plan features a covered front porch and a very large primary bedroom. The primary bathroom has a large shower, and a spacious closet off of the bathroom.
-
2024-02-01price $319,900 573-char remark
Show marketing remark (573 chars)
The Owl's Head community is conveniently located off of Highway 331 in Freeport. We are only 8 miles to Interstate 10, and 16 miles to beautiful beaches and Highway 30 A. We offer 6 floor plans, 3 and 4 bedrooms. All homes have rear entry garages. This community offers a community area with paved walking trails and a spring fed lake. | The Bayberry plan is a single story 3 bedroom, 2 bath home. This open floor plan features a covered front porch and a very large primary bedroom. The primary bathroom has a large shower, and a spacious closet off of the bathroom.
-
2024-01-26price $349,400 573-char remark
Show marketing remark (573 chars)
The Owl's Head community is conveniently located off of Highway 331 in Freeport. We are only 8 miles to Interstate 10, and 16 miles to beautiful beaches and Highway 30 A. We offer 6 floor plans, 3 and 4 bedrooms. All homes have rear entry garages. This community offers a community area with paved walking trails and a spring fed lake. | The Bayberry plan is a single story 3 bedroom, 2 bath home. This open floor plan features a covered front porch and a very large primary bedroom. The primary bathroom has a large shower, and a spacious closet off of the bathroom.
-
2023-12-01price $329,900 573-char remark
Show marketing remark (573 chars)
The Owl's Head community is conveniently located off of Highway 331 in Freeport. We are only 8 miles to Interstate 10, and 16 miles to beautiful beaches and Highway 30 A. We offer 6 floor plans, 3 and 4 bedrooms. All homes have rear entry garages. This community offers a community area with paved walking trails and a spring fed lake. | The Bayberry plan is a single story 3 bedroom, 2 bath home. This open floor plan features a covered front porch and a very large primary bedroom. The primary bathroom has a large shower, and a spacious closet off of the bathroom.
-
2023-11-06price $344,900 573-char remark
Show marketing remark (573 chars)
The Owl's Head community is conveniently located off of Highway 331 in Freeport. We are only 8 miles to Interstate 10, and 16 miles to beautiful beaches and Highway 30 A. We offer 6 floor plans, 3 and 4 bedrooms. All homes have rear entry garages. This community offers a community area with paved walking trails and a spring fed lake. | The Bayberry plan is a single story 3 bedroom, 2 bath home. This open floor plan features a covered front porch and a very large primary bedroom. The primary bathroom has a large shower, and a spacious closet off of the bathroom.
-
2023-09-13price $349,400 573-char remark
Show marketing remark (573 chars)
The Owl's Head community is conveniently located off of Highway 331 in Freeport. We are only 8 miles to Interstate 10, and 16 miles to beautiful beaches and Highway 30 A. We offer 6 floor plans, 3 and 4 bedrooms. All homes have rear entry garages. This community offers a community area with paved walking trails and a spring fed lake. | The Bayberry plan is a single story 3 bedroom, 2 bath home. This open floor plan features a covered front porch and a very large primary bedroom. The primary bathroom has a large shower, and a spacious closet off of the bathroom.
-
2023-07-07$346,900 Active 573-char remark
Show marketing remark (573 chars)
The Owl's Head community is conveniently located off of Highway 331 in Freeport. We are only 8 miles to Interstate 10, and 16 miles to beautiful beaches and Highway 30 A. We offer 6 floor plans, 3 and 4 bedrooms. All homes have rear entry garages. This community offers a community area with paved walking trails and a spring fed lake. | The Bayberry plan is a single story 3 bedroom, 2 bath home. This open floor plan features a covered front porch and a very large primary bedroom. The primary bathroom has a large shower, and a spacious closet off of the bathroom.
ⓘ 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
- $2,544 · $212/mo
- Projected year-2 tax
- $2,614 · $218/mo
- Expected delta
- +$70/yr (+$6/mo · 2.8%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 9/10 Extreme FEMA zone X (unshaded) · 99% chance over 30 yrs
- Wildfire 4/10 Moderate
- Heat 10/10 Extreme 7 d/yr ≥106°F today · 23 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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $30,648
- − Mortgage interest
- −$17,645
- − Property taxes
- −$2,544
- − Insurance
- −$2,372
- − Repairs & maintenance
- −$2,452
- − Management
- −$2,452
- − HOA
- −$1,044
- − Depreciation
- −$9,164
- Taxable loss
- −$7,025
- Est. tax savings @ 24.0%
- +$1,686
- After-tax cash flow
- $115/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
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
- 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
-9.2% since first listed9 events — show timeline
- 2026-03-27 Listed $315,000 ECAR
- 2024-02-29 Sold (MLS) $312,900 ECAR
- 2024-02-07 Pending — ECAR
- 2024-02-01 Price Changed $319,900 ECAR
- 2024-01-26 Price Changed $349,400 ECAR
- 2023-12-01 Price Changed $329,900 ECAR
- 2023-11-06 Price Changed $344,900 ECAR
- 2023-09-13 Price Changed $349,400 ECAR
- 2023-07-07 Listed $346,900 ECAR
Property tax history
+81.2%/yrLatest (2025): $2,544 · -35.6% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…