INVESTORS/BUILDERS - Zoned R3-High Density Residential-The City

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Home For Sale

176 Bourbon Street

Freeport, Florida 32439

Walton County

Community: LAFAYETTE HEIGHTS

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$480,000 3 br, 2.0 bath 2440 sq. ft. 0.840 acres

INVESTORS/BUILDERS - Zoned R3-High Density Residential-The City of Freeport has approved build out of 10 Townhomes or 6 Single Family homes. The value is in the land. Development by Lennar & another major builder are steps from this .84 acres located in the city of Freeport. Minimum lot size is 5000 SF.Potential to generate rental income with the multiple residences currently on the property will defray costs while permitting. 2 homes on site currently. One home has 3 beds, 2 baths -2440 SF & the second has 2 beds and 2 baths.Two sewer lines currently exist on the property as well as all utilities existing. Seller does NOT have survey.- Call LA for questions.

Interior:
  • Bedrooms: 3
  • Baths: 2.0
  • Sq Ft: 2440
  • Year Built: 1968
  • Utilities: 
  • Fireplaces: Has Fireplace
  • Stories: 2
  • Heat/AC: Central
  • Garage: RV, Garage - Detached, Oversize, Boat
Exterior:
  • Lot Size: 0.840 acre
  • Lot Dimensions: 
  • View Types: 
  • Yard: 
  • Siding: Brick, Siding Brick Front
  • Roof: 
  • Property Taxes: $922
  • MLS #: 989168
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Contact Information:
Beach Home For Sale in Freeport, Florida
Listing Agent: Nyda Faith, Compass Florida, LLC, 469-416-7889, 850-296-9769 Listing Site, Listing Status: Active
Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 6807214
Viewed 66 times.
Updated: Mar 23, 2026

This property is a Home located at 176 Bourbon Street, Freeport, Florida 32439, and is currently For Sale at $480,000. This Home has 3 bedrooms, 2.0 baths, 2440 sq ft.