554 Bay Grove Rd is a 808 square foot house on a 1.39 acre lot with 2 bedrooms and 1 bathroom. Based on Redfin's Freeport data, we estimate the home's value is $623,297.
Single-familyProperty Type
2000Year Built
1.39 acresLot Size
$771Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$623,297
$62K since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 62.2% higher than the average sale price ($384K) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$4,683 (+8.4%)
2024
$4,321 (+6.1%)
2023
$4,072 (+6.5%)
2022
$3,824 (+11.4%)
2021
$3,433 (+34.6%)
2020
$2,550 (+7.9%)
$215,150 + $52,858
$268,008
2019
$2,362 (+5.4%)
$197,221 + $51,885
$249,106
2018
$2,241 (+45.0%)
$184,292 + $50,607
$234,899
2017
$1,546
$108,461 + $50,369
$158,830
Tax history for 554 Bay Grove Rd
Year
Property tax
Land + Additions
Assessment*
2025
$4,683 (+8.4%)
2024
$4,321 (+6.1%)
2023
$4,072 (+6.5%)
2022
$3,824 (+11.4%)
2021
$3,433 (+34.6%)
2020
$2,550 (+7.9%)
$215,150 + $52,858
$268,008
2019
$2,362 (+5.4%)
$197,221 + $51,885
$249,106
2018
$2,241 (+45.0%)
$184,292 + $50,607
$234,899
2017
$1,546
$108,461 + $50,369
$158,830
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
RV
Rural Village District
The Rural Village Future Zoning District is intended to support and encourage a mixture of residential and non-residential uses typical of small rural villages.
Permitted uses
Include but are not limited to:
Housing-Single unit
Recreation
Park & open space
Property details
Interior
Bathroom Information
# of Bathroom Fixtures: 3
Heating & Cooling
Air Conditioning Type: Central
Heating Type: Hot Air
Exterior
Exterior Information
Building Construction Quality: Average
Exterior Wall: Concrete
Roof Shape Type: Gable/Hip
Building Type: Single Family
Property Information
Subdivision Name: MALLET BAYOU
Living Sq. Ft: 808
Adjusted Gross Sq. Ft: 1,012
Building Sq. Ft: 1,296
# of Stories: 1
Legal Description: BEG NE/C GOVT LOT 6 (SE/C GOVT LOT 1) FROM SAID POB, RUN S 01 "DEG 56'00""W 116.49 FT TO PT ON" NELY R/W OF 66 FT PAVED RD, SAID PT BEING ON A CURVE, CONCAVE SWLY AND HAVING A RADIUS OF 661.70 FT, THENCE FROM A TANGENT BEARING OF N 19 "DEG 30'03""W, RUN NWLY ALONG" SAID CURVE AND R/W LINE 130.93 FT THROUGH A CENTRAL ANGLE OF "11 DEG 20'14"", THENCE" DEPARTING SAID R/W, RUN N 03 "DEG 41'45""E 336.79 FT TO MEAN" HIGH WATER LINE OF MALLET BAYOU, THENCE MEANDER SELY ALONG WATER LINE TO A PT THAT "BE ARS N 01 DEG 56'00""E FROM" POB, SAID PT BEING ON E LINE OF SAID LOT 1, RUN S 01 DEG "56'00""W 259.62 FT TO POB" OR 713-176 OR 2387-943 ALSO COM NE/C GOVT LOT 6 (SE/C GOVT "LOT 1), RUN S 01 DEG 56'00""W" 116.49 FT TO A PT ON NELY R/W OF 66 FT RD,
Lot Information
# of Buildings: 1
Land Sq. Ft: 60,374
Legal Lot Number: 6
Legal Block Number: 10
Acres: 1.386
Depth Footage: 356
Front Footage: 91
Zoning Code: RV
County Use Description: SINGLE FAMILY
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 808
Stories: 1.0
Lot Size: 1.39 acres
Style: Single Family Residential
Year Built: 2000
Year Renovated: 2000
County: Walton County
APN: 331S19230000100000
Home facts updated by county records on Aug 26, 2026
Around this home
Schools
Freeport Elementary School
Public K-4 • Assigned • 2.7mi
6/10
Freeport Middle School
Public 5-8 • Assigned • 2.7mi
7/10
Freeport Senior High School
Public 9-12 • Assigned • 7.6mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
4/10 Flood Factor
Estimated 14-20% chance of a flood reaching the building in the next 30 years
4/10 Fire Factor
2% chance of being in a wildfire in next 30 years
10/10 Heat Factor
7 days above 104° expected this year, 21 days in 30 years
9/10 Wind Factor
99% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Freeport, FL • 32439
Average low and high temperatures (°F)
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75
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91
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88
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87
71
82
61
75
55
66
45
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Feb
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Sun exposure
In this area, properties receive around 9.4 hours in
June and 5.5 hours in December, placing it above the
U.S. average for solar exposure.
9.4 hrs
5.5 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$593,000 – $717,000
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