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248 Four Mile Rd, Freeport, FL, 32439

2beds
2baths
6,016sqft
$1,350,000
$224price/sqft
$8,528/moest. monthly cost
$341,120/yrincome needed

About This Home

Apartment complex with 4 duplex units and 8 total rental units. An additional 2 acres of high-density R-3 zoning (allows up to 14 units/acre), is included with this parcel. Call for more info.

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
24
BikeSomewhat Bikeable

Schools

7/10
Freeport Middle SchoolGrades 5-81.1 mi
8/10
6/10

Construction

Condition

  • Property condition: Construction Complete
  • Year built: 1985

Materials

  • Foundation: Foundation Off Grade
  • Roof: Composition
  • Construction materials: Brick,Trim Wood

Type & Style

  • Home type: Townhouse
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Disposal,Microwave,Refrigerator,Electric Water Heater

Bathroom

  • Level: First
  • Area: 40
  • Dimensions: 5 x 8

Bedroom

  • Level: First
  • Area: 156
  • Dimensions: 12 x 13

Bedroom

  • Level: First
  • Area: 156
  • Dimensions: 12 x 13

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Newly Painted
  • Window features: Double Pane Windows,Window Treatments
  • Flooring: Tile,Carpet

Heating & Cooling

  • Heating features: Heat Pump
  • Cooling features: Central Air,Ceiling Fan(s)

Interior Area

  • Total structure area: 6,016
  • Total interior livable area: 6,016 sqft

Kitchen

  • Level: First
  • Area: 144
  • Dimensions: 12 x 12

Living Room

  • Level: First
  • Area: 221
  • Dimensions: 13 x 17

Property

Details

  • Parcel number: 161S19230000080020
  • Zoning description: Resid Multi-Family

Features

  • Stories: 1

Lot

  • Lot size: 1 Acres
  • Features: Level,Survey Available

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Lightning
    LightningVery High
  • Tornado
    TornadoRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Wildfire
    WildfireModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Tornado
Coastal Flooding
Cold Wave
Heat Wave
Inland Flooding
Strong Wind
Wildfire
Tsunami

FEMA Declared Disasters in Walton County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $6,826$81,912
Home Insurance *$546$6,552
Property Taxes $551$6,612
Electricity $605$7,265
Total$8,528$102,336
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$292,388/yr
40% on housing$255,840/yr
45% on housing$227,413/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 16.1%
16.1%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 8.0%
8.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$224This listing

vs Other Active Listings

Avg $/sqft

ZIP 32439$253
Walton County$485

vs Homes Sold Last Month

Median $/sqft

ZIP 32439$200
Walton County$400

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-17Listed for sale$1,350,000
2022-06-17Sold$950,000
2022-02-17Pending sale$900,000
2021-12-17Listed for sale$900,000
2021-08-26Pending sale$900,000
2016-07-22Sold$100,000

For Sale by Agent

AgentRonald W Friesen
BrokerageBeach Sunsets Inc

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