Discover the perfect canvas for your coastal dream home on this exceptional canal front lot just outside the Freeport city limits. Ideally positioned only 10 minutes from the world renowned Beaches of South Walton, this rare offering combines peaceful waterfront living with unbeatable convenience. Spanning just over a half acre, the property provides direct access to Mallet Bayou and seamlessly connects to the Choctawhatchee Bay, offering endless opportunities for boating, fishing, and exploring the gulf waters beyond the bay. A new boathouse with additional dock space are already in place, providing immediate functionality and added value for water enthusiasts. This canal runs 4-5' in the center. The Choctawhatchee Bay, a stunning 30 mile estuary stretching across Okaloosa and Walton counties, is fed by the Choctawhatchee River and opens to the Gulf of Mexico through the Destin East Pass, making this location a true gateway to some of the Panhandle's most sought-after waterways. Whether you're envisioning a private waterfront retreat or a full time residence, this property delivers the ideal balance of seclusion and accessibility, tucked away in a serene setting while still just minutes from shopping, dining, schools, and the sugar-white sands of the Emerald Coast.