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Off market
  • $1,091,800

    16250 Us Highway 331 S, Freeport, FL 32439

    5beds
    3baths
    2,812sqft
    MultiFamily
    Built in 1971
    -- sqft lot
    $1,091,800 Zestimate®
    $388/sqft
    $1,898 Estimated rent

    Home value

    $1,091,800

    $928,000 - $1.32M

    $1,898/mo

    Zestimate® history
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    Owner options

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    $1,898/mo

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    $1,898/mo

    Rent Zestimate®

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    $5,462/mo

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    $5,462/mo

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    What's special

    Very unique property located by the Hwy 331 and Hwy 21 intersection. The owner is currently renting to resident the Northern 800 Sq Ft of building. The middle portion is being lived in the the owner. The Southern portion is where the owner has an existing business. Per the owner she could max out her business at around 100,000 per year. Right now she is simi retired so only works a few days/hours per week. A small fruit stand set up in front of the structure cleared approximately $60,000 in 60 days during summer months. The owner has averaged over 2000,00 per month from rentals of apartment and road front shops only. It would be great for a live in business with a tenant. So many different things, to produce income, can be done with property to ensure the buyer not having to just pay taxes every year with no income. As an investment is has so much potential. The traffic in this area is very heavy so exposure to new business is great. On Wed. Sept 27, 2006 I counted 40 cars, one way, in one minute.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    Heating
    • Forced air
    Cooling
    • Central
    Features
    • Flooring: Carpet, Linoleum / Vinyl
    Interior area
    • Total interior livable area: 2,812 sqft

    Property

    Parking
    • Parking features: Carport
    Features
    • Exterior features: Cement / Concrete
    Lot
    • Size: 1.04 Acres
    Details
    • Parcel number: 141S19230000040030

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • concrete
    • Roof: Composition
    Condition
    • Year built: 1971

    Community & neighborhood

    Location
    • Region: Freeport

    Price history

    DateEventPrice
    10/5/2021Sold$725,000$258/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,352 -2.7%$660,515 +1.5%
    2024$8,585 +0%$650,581 -0.2%
    2023$8,581 -4.7%$651,955 -6.7%
    2022$9,007 +2817%$699,038 +848.3%
    2021$309 -2.8%$73,712 +1.4%
    2020$318 +3.5%$72,694 +2.3%
    2019$307 $71,060 +1.9%
    2018$307 +1.6%$69,735 +2.1%
    2017$302 -18.7%$68,301 +2.1%
    2016$372 +70.1%$66,896 +0.7%
    2015$218 -49.4%$66,431 +0.8%
    2014$432 $65,904 +1.5%
    2013-- $64,930 +1.7%
    2012-- $63,845 +3%
    2011-- $61,985 +1.5%
    2010-- $61,069 +2.7%
    2009-- $59,463 +0.1%
    2008-- $59,404 +2.5%
    2007-- $57,974 -0.9%
    2005-- $58,521 +2.8%
    2004-- $56,921 +1.8%
    2003-- $55,927 +3.3%
    2002-- $54,154 -10.2%
    2001-- $60,272

    Find assessor info on the county website

    Neighborhood: 32439

    Nearby schools

    GreatSchools rating
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    $1,091,800
    2% more
    +$21,836
    With Zillow Showcase(estimated)
    $1,113,636