About 74 E Shell Cracker Road
Discover an exceptional opportunity in the Freeport, FL -- a unique multi-unit property on nearly half an acre, offering versatility, and outstanding investment potential.This property features three separate, fully rented residences, generating a combined monthly rental income of $5,000. With strong, consistent income, it offers a fantastic return on investment. Built in 2013, this property includes three well-appointed homes, ideal for extended families, short-term rental investors, or anyone seeking a combination of personal use and passive income.MAIN RESIDENCE:
3 bedrooms | 1 full bathroom
1,206 sq ft heated living space
Open-concept layout with hardwood floors
Central HVAC, metal roof, and durable Hardie board siding
Bright, coastal-inspired finishes
TWO DETACHED GUEST HOMES:
1 bedroom | 1 bathroom
1 bedroom | 1 1/2 bathroom
640 sq ft and 626 sq ft heated living areas
Private entrances, full kitchens, and charming interiors
Excellent for Airbnb, long-term tenants, or multi-generational living
EXTERIOR FEATURES:
0.49-acre lot with mature trees and green space
Brick and wood decking (added in 2023) for outdoor living and entertaining
Ample parking with space for boats, RVs, or future expansion
ADDITIONAL HIGHLIGHTS:
- No HOA
- Public utilities
- Under 30 minutes to the beaches of South Walton and Destin
Note that the property is not used exactly as it is zoned for (Residential 1 Unit). In case of destruction of the improvements, total or partial, the permit to rebuild might be granted following the zoning rules then-applicable.
Don't miss this rare chance to own a turnkey, income-producing property in one of Freeport's most desirable and fast-growing areas.
