Updated 2 Days Ago
Location
48 Commerce Ln #5-1, Freeport, FL 32439, USA
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About 48 Commerce Ln #5-1
Property Status: Active Suite 5, Bldg 1 offers a wide-open floor plan with an ADA-compliant bathroom, a 14-ft. roll-up door, and a separate 3.0 entry/exit door. Office Phone: (850) 243-0007 Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 48 Commerce Ln #5-1 compares to other nearby properties.
Positives
- High school nearby
- There is a high school 1 mile away
- Less expensive
- Studio units are cheaper than other similar listings nearby
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 3 miles away
- No in-unit dishwasher
- Dishwashers aren't available
Address details
| Zip code | 32439 |
|---|---|
| Type | Condo for rent |
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Rent trends in Freeport
studio apartments at 48 Commerce Ln #5-1 cost about 45% less than the average rent price for studio apartments in Freeport.
Median rents as of Jul 11 2026.
Freeport
| Month | Median Rent |
|---|---|
| November 2025 | $4,300 |
| December 2025 | $4,500 |
| January 2026 | $4,948 |
| February 2026 | $4,205 |
| March 2026 | $3,537 |
| April 2026 | $4,500 |
| May 2026 | $4,390 |
| June 2026 | $4,844 |
| July 2026 | $3,950 |
Affordability calculator
Can I afford to live at 48 Commerce Ln #5-1?
Bedrooms
StudioRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$74,760/yr
With your selected rent-to-income ratio, you'd ideally want to make $74,760 annually to afford this studio monthly rent price of $1,869.
For more information on rent affordability, visit our rent calculator.
Schools near 48 Commerce Ln #5-1
Freeport Elementary School
15381 us highwayy 331 s
freeport, FL, 32439
PK, K-4Public
B+
Bay School
118 gilmore st
santa rosa, FL, 32459
PKPublic
Chautauqua Early Education Center
908-b hwy 90 west
defuniak springs, FL, 32433
PKPublic
West Defuniak Elementary School
815 lincoln ave
defuniak springs, FL, 32435
K-5Public
B+
Dune Lakes Elementary School
6565 us hwy 98 e
santa rosa beach, FL, 32459
K-5Public
A-
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Internet available near 48 Commerce Ln #5-1
Neighborhood
Getting around Freeport near 48 Commerce Ln #5-1
Walking
1/10
You’ll need another mode of transportation for getting around. Scooter, anyone?
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
2/10
Heads up, bike lanes and cyclist-friendly streets aren’t common.
Transit
0/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 48 Commerce Ln #5-1, Freeport
Groceries
1/10
Few or no groceries within a short drive
Shopping
1/10
Few or no shops within a short drive
Cafes
0/10
Few or no cafés within a short drive
Restaurants
2/10
Some restaurants within a short drive
Primary schools
0/10
Closest elementary school further than a 30-minute walk
High schools
6/10
At least one high school within a 15-minute walk
Nightlife
0/10
Few or no bars within a short drive
Explore the area around 48 Commerce Ln #5-1
Bargains & More
15890 331 Business
Publix
16400 US Highway 331 S
La Perla Snack Bar LLC
Blueberry Hill Bakery
15890 331 Business
Nice's Seafood Restaurant
Forest
Forest
Forest
Forest
Forest
Pizza Hut
857 State Highway 20 E
Wing Street
857 State Highway 20 E
L C Pizza
901 State Highway 20 E
Hunt Brothers Pizza
979 State Highway 20 E
McDonald's
16392 US Highway 331 S
Freeport Park & Ride
Jumper
Freeport County Offices
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