830 Four Mile Road, Freeport, FL 32439

New Listing
$2,685,000
Property Type: Land Lot Size (sq. ft.): 1,403,939 Status: Active
Current Price: $2,685,000 List Date: 6/04/2026 Last Modified: 6/04/2026

Description

Exceptional residential development opportunity in the rapidly expanding Freeport market. This ±32.23-acre assemblage consists of six contiguous parcels strategically positioned just south of Highway 20 with access from Tucker Town Road and convenient connectivity to Highway 83A and the greater Walton County growth corridor. The property offers significant potential for a townhome or build-to-rent residential community, with conceptual density projections supporting approximately 135 to 200+ units, subject to engineering, rezoning, and governmental approvals. The site's scale and configuration provide flexibility for clustered residential planning, internal road networks, stormwater design, preserved natural areas, and community amenities. Freeport continues to experience strong residential growth driven by the expansion of South Walton and the Emerald Coast workforce housing market. Demand for attainable attached residential product remains high as buyers and renters seek convenient access to Santa Rosa Beach, Destin, and the Highway 98 corridor while benefiting from Freeport's continued infrastructure and commercial growth. This offering presents a rare opportunity for developers, builders, and build-to-rent operators to secure a large-scale residential land position within one of Northwest Florida's fastest-growing submarkets. Buyer to verify all information, dimensions, density, utilities, and development feasibility. Buyer to verify data for its own use.

More Information MLS# 1004690

Contract Info

Listing Board: Emerald Coast List Price/Acre: 83307.48 List Date: 2026-06-04 List Price: $2,685,000

Location, Tax and Legal

Sub Area: 2005 - S. of 20 to Hwy 331 Elementary School: Freeport Middle School: Freeport High School: Freeport Legal Description: COM WHERE W BDRY OF NE1/4 OF NE1/4 INTERSECTS S BDRY OF RD 20, RUN S 1585.88 FT TO BEG, RUN S 414.46 FT, RUN E 1137.18 FT, RUN N 170.34 FT, RUN E 210 FT, RUN N 244.12 FT, RUN W 1347.18 FT TO POB OR 55-82 LESS & EXCEPT: COM SE/C OF SW4 OF NE4 OF SEC 16, N 02 DEG 03'04'' E 459.66 FT TO POB, N 02 DEG 03'04'' E 190.03 FT TO CTRLINE 35.06 FT, N 81 DEG 48' 41'' E ALONG CTRLINE 36.33 FT TO CTR OF FOUR MI

General Property Info

Sub-Type: Vacant Land Acreage: 32.23 Mineral Rights: No

Listing Info, Tax & Legal

Is Subject Leased: No Assessment Fees: No New Buyer Fee: No Last Taxes: 1338.38 Last Tax Year: 2025 Brokerage Interest: No Interest As Is: Yes

Remarks & Misc

Remarks: Exceptional residential development opportunity in the rapidly expanding Freeport market. This ±32.23-acre assemblage consists of six contiguous parcels strategically positioned just south of Highway 20 with access from Tucker Town Road and convenient connectivity to Highway 83A and the greater Walton County growth corridor. The property offers significant potential for a townhome or build-to-rent residential community, with conceptual density projections supporting approximately 135 to 200+ units, subject to engineering, rezoning, and governmental approvals. The site's scale and configuration provide flexibility for clustered residential planning, internal road networks, stormwater design, preserved natural areas, and community amenities. Freeport continues to experience strong residential growth driven by the expansion of South Walton and the Emerald Coast workforce housing market. Demand for attainable attached residential product remains high as buyers and renters seek convenient access to Santa Rosa Beach, Destin, and the Highway 98 corridor while benefiting from Freeport's continued infrastructure and commercial growth. This offering presents a rare opportunity for developers, builders, and build-to-rent operators to secure a large-scale residential land position within one of Northwest Florida's fastest-growing submarkets. Buyer to verify all information, dimensions, density, utilities, and development feasibility. Buyer to verify data for its own use.

Sale Type

Accept Backup Offers: 1

Waterfront

Creek: 1 Waterfront Feet: 500

Waterview

Stream: 1

Lot Access

County Road: 1 Paved Road: 1

Utilities

Community Sewer: 1 Community Water: 1 Electric: 1

Zoning

City: 1 Commercial: 1 Resid Multi-Family: 1

None

Current Price: $2,685,000

Status Change Info

Status: Active

Location Tax and Legal

Street #: 830 Street Name: Four Mile Street Suffix: Road Area: 20 - Freeport State: FL Zip Code: 32439 County: Walton Project Name/Subdivision: N/A Parcel ID: 16-1S-19-23000-001-0009

Property Features

Sale Type: Accept Backup Offers Lot Access: County Road; Paved Road Zoning: Commercial; Resid Multi-Family Waterfront: Creek Waterview: Stream Utilities: Community Sewer; Community Water; Electric
Listing Office: Century 21 AllPoints Realty
Last Updated: June - 04 - 2026
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.