5 Prospect St
Freeport, FL 32439
Local Information
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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 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.
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.
Home Highlights
Parking
No Info
Outdoor
No Info
View
No Info
HOA
None
Price/Sqft
No Info
Listed
123 days ago
Home Details for 5 Prospect St
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Frontage Road Frontage: City StreetResponsible for Road Maintenance: Public Maintained RoadNot on Waterfront |
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Cumulative Days on Market: 22Days on Market: 123 |
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Property Type / Style Property Type: LandProperty Subtype: Unimproved Land |
Property Information Parcel Number: 151S19230800000050 |
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Price List Price: $60,000 |
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MLS Status: Active |
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Direction & Address City: FreeportCommunity: Other |
School Information Elementary School: FreeportJr High / Middle School: FreeportHigh School: Freeport |
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Listing Agent Listing ID: 781502 |
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Association for this Listing: Central Panhandle Association of REALTORSNo HOA |
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Lot Area: 6969.6 sqft |
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Special Conditions: Listed As-Is |
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Mobile Home Park Mobile Home Units: Feet |
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Mls Number: 781502Living Area Range Units: Square FeetAbove Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-12131-N-151S19230800000050-R-N |
Last check for updates: about 6 hours ago
Listing courtesy of Michael Blevins, (850) 819-6364
CENTURY 21 AllPoints Realty
Originating MLS: Central Panhandle Association of REALTORS
Source: CPAR, MLS#781502
Also Listed on CPAR.
Price History for 5 Prospect St
| Date | Price | Event | Source |
|---|---|---|---|
| 11/11/2025 | $60,000 | Listed For Sale | CPAR #781502 |
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New Listings near 5 Prospect St
Comparable Sales for 5 Prospect St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.51 | Lot/Land | $215,000 | 04/24/26 | - | - | ||
1.00 | Lot/Land | $73,500 | 02/20/26 | - | - | ||
0.96 | Lot/Land | $63,500 | 02/20/26 | - | - | ||
1.07 | Lot/Land | $128,000 | 10/02/25 | - | - | ||
0.70 | Lot/Land | $225,000 | 03/12/26 | - | - | ||
1.09 | Lot/Land | $115,000 | 09/29/25 | - | - | ||
0.98 | Lot/Land | $60,000 | 01/12/26 | - | - | ||
0.95 | Lot/Land | $130,000 | 06/16/25 | - | - | ||
1.18 | Lot/Land | $114,700 | 10/20/25 | - | - | ||
1.27 | Lot/Land | $110,000 | 09/16/25 | - | - |
Assigned Schools
These are the assigned schools for 5 Prospect St.
- Freeport Senior High School
- 9-12
- Public
- 709 Students
8/10GreatSchools RatingParent Rating AverageAs a student who is attending Freeport High School, I can honestly tell you that I have experienced first hand what many parents have not. I have seen no favoritism in the classrooms, and are treated fairly. Teachers make every effort to inform the parents of any and every change made within the school, as well as connecting them to their childrens education and progression. There are several clubs and after school societies that make being involved with the school very easy and fun. As for being a small rural school, it makes it easier for teachers to help students who need extra help, and encourage those who are excelling, however, our school is growing with each year that passes. I am proud to say that there is very little to no extreme problems at this school such as bullying and gossip, which can be a very bad thing. As a student ambassador and an active key club member, I can honestly say that Freeport high school is one of the very best.Student Review9y ago - Freeport Elementary School
- PK-4
- Public
- 1137 Students
6/10GreatSchools RatingParent Rating AveragePoor parent-teacher communication on child’s progress, principal seemed to have a relaxed attitude with bullying and they don’t seem to have any solutions for students who are behind or needing extra assistance.Parent Review7y ago - Freeport Middle School
- 5-8
- Public
- 881 Students
7/10GreatSchools RatingParent Rating AverageWe have had a good experience with this school. Middleschool can be difficult for students and teachers alike and they very much make a great effort for the students here.Parent Review7y ago 
Check out schools near 5 Prospect St.
What Locals Say about Freeport
At least 61 Trulia users voted on each feature.
91 % Say parking is easy
87 % Say car is needed
86 % Say yards are well-kept
85 % Say it's dog friendly
79 % Say it's quiet
78 % Say there's holiday spirit
67 % Say kids play outside
63 % Say there's wildlife
62 % Say people would walk alone at night
56 % Say neighbors are friendly
56 % Say they plan to stay for at least 5 years
51 % Say there are sidewalks
38 % Say streets are well-lit
36 % Say there are community events
26 % Say it's walkable to grocery stores
15 % Say it's walkable to restaurants
Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Michael Blevins, CENTURY 21 AllPoints Realty
Agent Phone: (850) 819-6364
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
5 Prospect St, Freeport, FL 32439 is a lot/land. This property is currently available for sale and was listed by CPAR on Jan 6, 2026. The MLS # for this home is MLS# 781502.