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$399,000
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Property Description
Old Florida at its best! This relaxing waterfront cottage, located in an X Flood zone sits on 2 lots with 120 ft. of canal waterfront. The canal leads directly to Alaqua Bayou then to the Bay. Upgrades include windows, water heater, roof, septic tank, drain field and ac unit. 2025 upgrades new flooring, exterior doors and dock replaced. Have the privacy of being close to the Bay, Eglin AFB, and convenience of being less than 5 minutes to two boat launches, Horsepower Pavilion and Dollar General. Less than 10 minutes to Publix. Plenty of room on the lot for Kayak, paddle board, boat and RV storage. Enjoy the beauty of pristine nature at its best. Grab your paddle board or boat and step back in time exploring the many unspoiled coves and creeks of this Old Florida paradise!
Full Property Details
Full Property Details for 771 Alaqua Dr
General
- Price: $399,000
- Taxes: $865 (2024)
- Status: Active
- Type: Single Family
- Source: Emerald_Coast
- MLS ID: 981604
- Updated: 10/9/2025
- Added to Site: 177 day(s) ago
Interior
- Rooms/Areas: Bedroom, Full Bathroom, Great Room, Kitchen
- Interior Features: Fireplace, Floor Laminate
- Appliances: Dishwasher, Stove/Oven Electric
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Great Room: Great Room
- Kitchen: Kitchen
Exterior
- Exterior Features: Dock, Patio Open
Location
- Area: 20 - Freeport
- County: Walton
- Subdivision: Bayshore Resort Unrec
- Driving Directions: FROM THE INTERSECTION OF HWY 331 N AND HWY 20 W GO WEST 4.8 MILES ON HWY.20 TO ALAQUA DRIVE ON THE LEFT. TURN LEFT ONTO ALAQUA DRIVE. 771 IS ON THE LEFT.
School Information
- Elementary School: Freeport
- Middle School: Freeport
- High School: Freeport
Heating & Cooling
- Heating/Cooling: AC - Central Elect, Ceiling Fans, Water Heater - Elect
Utilities
- Utility Description: Electric, Public Water, Septic Tank, TV Cable
Structural Information
- Architectural Style: Florida Cottage
- Construction: Roof Metal, Slab, Trim Vinyl
- Stories/Levels: 1
- Square Feet: 1,040
- Sq. Ft. Source: County PA Records
- Year Built: 1960
Lot Features
- Property View: Bay, Bayou, Canal
- Lot Size (Acres): 0.33
- Lot Dimensions: 120 x 120
- Street/Road Desc.: County Road, Paved Road
- Lot Features: See Remarks, Within 1/2 Mile to Water
- Zoning: County, Resid Single Family
Water Features
- Water Front Type: Canal
Financial Considerations
- Tax Amount: $865
- Tax Year: 2024
- Terms: Conventional, FHA, VA
Disclosures and Reports
- Legal Description: LOTS 9 & 10 BLK 3 BAYSHORE RESORT UNREC PLAT OR 3078-3541 OR 3083-1278
- APN: 13-1S-20-32010-003-0090
Listed by South Walton Realty Sales LLC
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Schools
Schools serving 771 Alaqua Dr
School District:Walton County School District
| Name | Grades | Distance |
|---|---|---|
Freeport Middle School 360 Kylea Laird Drive, Freeport, FL 32439 | 6-8 | 4.5 mi |
Freeport Elementary School 15381 U.S. 331, Freeport, FL 32439 | PK-5 | 5.2 mi |
Freeport Senior High School 12615 U.S. 331, Freeport, FL 32439 | 9-12 | 7.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 771 Alaqua Dr
Date
Details
Price
Change
Source
10/09/2025
Price Reduced
$399,000
-5%
MLS
7/24/2025
Listed
$420,000
189.66%
MLS
8/24/2018
Sold
$145,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 771 Alaqua Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$866
—
$113,965
20%
2024
$866
-1%
$94,666
-2%
2023
$873
10%
$96,611
18%
2021
$795
-10%
$81,717
-20%
2022
$882
11%
$102,034
42%
2021
$795
8%
$71,900
-1%
2019
$739
-1%
$72,313
-1%
2018
$749
4%
$73,061
5%
2017
$720
-2%
$69,670
-1%
2016
$731
-2%
$70,152
—
2015
$744
-2%
$70,295
-1%
2014
$759
2%
$70,788
3%
2013
$746
—
$68,816
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 771 Alaqua Dr
771 Alaqua Drive, Freeport, FL 32439 (MLS# 981604) is a Single Family property with 3 bedrooms and 1 full bathroom. 771 Alaqua Drive is currently listed for $399,000 and was received on July 24, 2025. Want to learn more about 771 Alaqua Drive? Do you have questions about finding other Single Family real estate for sale in Freeport? You can browse all Freeport real estate or contact a Coldwell Banker agent to request more information.

