Don't miss this rare canal-front opportunity featuring 70 feet of waterfront with direct access to Choctawhatchee Bay! Situated high and dry in Flood Zone X with no HOA, this property offers exceptional flexibility to build your waterfront retreat or bring your RV and start enjoying the coastal lifestyle.
The property features a paved driveway, underground city water and electric, and a large septic system, with public sewer. Boaters will love being approximately 1.5 miles from the public boat ramp, while the beautiful beaches of the Emerald Coast are only about 20 minutes away.
The existing mobile home is considered to have no value and will require removal, leaving you with a blank slate to create your vision.
Waterfront. No HOA. Bay access. Flood Zone X. Opportunities like this are increasingly hard to find. Affordable waterfront living with incredible potential--priced to sell!
Foreclosure
$140,000
186 Stillwater Rd, Freeport, FL 32439
--beds
0baths
0.39Acres
Unimproved Land
Built in ----
0.39 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Rare canal-front opportunityPaved driveway
- 1 day
- 72
- 8
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Crystal N Cheatham 850-687-5118,
Crystal Ball Legacy Real Estate LLC
Source: ECAOR,MLS#: 1010743
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Features
- Has view: Yes
- View description: Canal
- Has water view: Yes
- Water view: Canal
- Waterfront features: Canal Access
Lot
- Size: 0.39 Acres
- Dimensions: 86 x 156 x 77 x 179
- Features: Cleared, Within 1/2 Mile to Water, RV Lot
Details
- Parcel number: 022S19241310000460
- Zoning description: Resid Single Family
- Special conditions: Real Estate Owned
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
Community
- Features: Boat Launch, Dock, Fishing, Waterfront
- Subdivision: MAGNOLIA BAY
Location
- Region: Freeport
Financial & listing details
- Tax assessed value: $68,421
- Annual tax amount: $294
- Date on market: 8/27/2026
- Road surface type: Gravel, Paved
Foreclosure details
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/22/2026 | Listing removed | $159,000 |
Source: | ||
| 1/27/2026 | Listed for sale | $159,000-33.8% |
Source: | ||
| 7/18/2025 | Listing removed | $240,000 |
Source: | ||
| 7/7/2025 | Price change | $240,000-4% |
Source: | ||
| 5/23/2025 | Price change | $250,000-9.1% |
Source: | ||
| 4/30/2025 | Price change | $275,000-5.2% |
Source: | ||
| 2/18/2025 | Listed for sale | $290,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $294 +1.7% | $62,769 +2.9% |
| 2024 | $289 +3.7% | $61,000 +3.7% |
| 2023 | $279 -11.6% | $58,835 +3% |
| 2022 | $315 -1.5% | $57,121 +3% |
| 2021 | $320 -1.5% | $55,457 +1.4% |
| 2020 | $325 +2.4% | $54,691 +2.3% |
| 2019 | $317 | $53,461 +1.9% |
| 2018 | $317 +1.3% | $52,464 +1.4% |
| 2017 | $313 +0.9% | $51,723 +2.1% |
| 2016 | $311 +1% | $50,659 +0.7% |
| 2015 | $308 -0.7% | $50,307 +0.8% |
| 2014 | $310 | $49,908 +1.5% |
| 2013 | -- | $49,170 +1.7% |
| 2012 | -- | $48,348 +3% |
| 2011 | -- | $46,940 -1.4% |
| 2010 | -- | $47,596 -2.8% |
| 2009 | -- | $48,963 +0.1% |
| 2008 | -- | $48,914 +3% |
| 2007 | -- | $47,489 +5.6% |
| 2005 | -- | $44,982 +3% |
| 2004 | -- | $43,672 +2.9% |
| 2003 | -- | $42,458 +15% |
| 2002 | -- | $36,920 +1.6% |
| 2001 | -- | $36,339 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 32439
Nearby schools
Schools provided by the listing agent
- Elementary: Freeport
- Middle: Freeport
- High: Freeport
Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






