5 Prospect St

Freeport, FL 32439

$60,000
Price
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Beds
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Baths
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per Sq. Ft.

Description

Build Your Dream Coastal Home in Growing Freeport, FL! Discover the perfect blend of small-town charm and coastal living with this exceptional 0.16-acre vacant lot. Nestled in a peaceful residential neighborhood, this homesite offers a quiet, safe environment away from the immediate hustle and bustle, while keeping you just 20 minutes from the renowned 'sugar white' sands of the Gulf. -Enjoy world-class beaches and the scenic 30A corridor just a short drive away. -Centrally located near excellent...Build Your Dream Coastal Home in Growing Freeport, FL! Discover the perfect blend of small-town charm and coastal living with this exceptional 0.16-acre vacant lot. Nestled in a peaceful residential neighborhood, this homesite offers a quiet, safe environment away from the immediate hustle and bustle, while keeping you just 20 minutes from the renowned 'sugar white' sands of the Gulf. -Enjoy world-class beaches and the scenic 30A corridor just a short drive away. -Centrally located near excellent local schools and growing shopping options, including the new Publix supermarket area on 331. -Invest in one of the fastest-growing cities in the Florida Panhandle, offering expanding amenities and a strong sense of community. -An affordable entry point into the desirable Walton County real estate market compared to more crowded and expensive coastal zones. -Start planning your permanent residence, vacation home, or investment property in an area known for a high quality of life and low property taxes. -Freeport offers a serene lifestyle with proximity to outdoor activities, including boating and hiking in nearby state parks. Residents benefit from a family-friendly atmosphere with a highly-rated school system and community events, enjoying the tranquility of a suburban-rural mix while having easy access to the vibrant amenities of Destin and Panama City Beach.
  1. Listed by Michael Blevins • CENTURY 21 AllPoints Realty

Property Details for 5 Prospect Street

Subdivision Name
Other
Zoning Description
Resid Single Family
LISTING UPDATED: 12/02/2025 06:09 AM

Property Details for 5 Prospect Street

StatusActive
MLS #781502
Days on Market47
Taxes$168 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Residential / Residential
Year Built-
Lot Size0.16 AC / 6,969 SF
CountyWalton County

Location

Listing Courtesy of CENTURY 21 AllPoints Realty
Add your commute

Building Information for 5 Prospect Street

Stories-Year Built-Building Size-Lot Size0.16 AC / 6,969 SF

Payment Calculator

$310 per month

30 year fixed, 6.28% Interest

Principal and Interest

$296

Property Taxes

$14

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5 Prospect Street

Summary
Location and General Information
  • City: Freeport
  • County Or Parish: Walton
  • Directions: From Hwy 20 in Freeport headed West, turn left onto Madison St., then turn left onto Prospect St., Lot 5 is on the right beside 94 Prospect St.
  • State Region: FL
  • Postal Code: 32439
  • Township: 1S
  • Latitude: 30.492522
  • Longitude: -86.135907
  • State Or Province: FL
  • Road Frontage Type: City Street
  • Road Responsibility: Public Maintained Road
  • MLS Area Major: 12 - Walton County
  • MLS Area Minor: 1210 - Walton - Freeport
Taxes and HOA Information
  • Parcel Number: 15-1S-19-23080-000-0050
  • Association: No
  • Tax Annual Amount: $168.00
  • Tax Legal Description: LOT 5 PROSPECT PARK S/D PB 17 PG 37 OR 2786-2996
  • Tax Year: 2024
School Information
  • Elementary School: Freeport
  • High School: Freeport
  • Middle Or Junior School: Freeport
Property
Lot Information
  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Size Dimensions: 76x88
  • Lot Size Units: Acres
  • Lot Size Square Feet: 6970.0
Property and Assessments
  • Human Modified: No
Mobile Home
Mobile Home Information
  • Mobile Dim Units: Feet
Rental
Rental Information
  • Land Lease: No

Property History for 5 Prospect Street

DateEvent & SourcePriceAppreciation
Nov 10, 2025

Listed (Active)

CPAR #781502

$60,000—
DateEvent & SourcePrice
11/10/2025

Listed (Active)

CPAR #781502

$60,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 5 Prospect Street

This home is within Walton.
Rating
School
Type
Grades
Distance
Freeport Elementary School
Public - PK to 4
Freeport Middle School
Public - 5 to 8
Freeport Senior High School
Public - 9 to 12
Seaside Neighborhood School
Charter - 5 to 12
Rating
School
Distance
Freeport Elementary School
PublicPK to 4

Freeport Middle School
Public5 to 8

Freeport Senior High School
Public9 to 12

Seaside Neighborhood School
Charter5 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 5 Prospect Street, Freeport, FL 32439

5 Prospect Street is a single family home for sale in Freeport, FL 32439. This property was listed for sale on November 11, 2025 by CENTURY 21 AllPoints Realty, it's currently listed at $60,000. This listing's school district is Walton. Nearby schools include Freeport Elementary School, Freeport Middle School and Freeport Senior High School. 5 Prospect Street is a 0-bed, 0-bath, single family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of CENTURY 21 AllPoints Realty

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2025 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.