xx W St Highway 20 Highway, Freeport, FL 32439 (MLS# 971000)

Description

This exceptional 57.27-acre development parcel is situated in the heart of the rapidly growing Freeport market area. Strategically located just east of Hammock Bay with 1000 feet on Hwy 20, the property is only minutes from the thriving business district along Hwy 331, as well as area Schools. It's a quick 20-minute drive to the stunning beaches of 30A, along with world-class shopping and dining options. The property is zoned Commercial Residential and within the City of Freeport Zoning District, with development potential ranging from 2 to 14 dwelling units per acre. Commercial frontage along Hwy 20. SELLER IS WILLING TO SPLIT THE PROPERTY, DEEDING THE MAJOR UPLAND PORTION TO THE BUYER AND RETAINING THE CONSERVATION WETLANDS. Buyer to verify data for its own use.

Contract Info

Listing Board: Emerald Coast List Price/Acre: 87218.44 List Date: 2025-03-13 List Price: $4,995,000

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 AT A POINT WHERE W BDY OF NE1/4 OF NE1/4 INTERSECTS S BDY OF ST RD #20 THENCE RUN S 1197.86FT TO BEG, S 388.02FT, E 1347.18FT, N 388.02FT, W 1347.18FT TO POB & ALSO:COM AT POINT WHERE W BDY OF NE1/4 OF NE1/4 INTERSECTS S BDY OF ST RD 20 RUN S 809.84FT, E 380FT TO BEG; E 190FT N PARALLEL TO E BNY OF SEC TO S BNY OF ST RD #20 NWLY TO A POINT ON LINE RUNNING N FROM POB; S TO POB ORB 55-73 & ALSO:

General Property Info

Sub-Type: Vacant Land Acreage: 57.27 Mineral Rights: No

Listing Info, Tax & Legal

Is Subject Leased: No Assessment Fees: No New Buyer Fee: No Last Taxes: 15388.24 Last Tax Year: 2024 Brokerage Interest: No Interest As Is: Yes

Remarks & Misc

Remarks: This exceptional 57.27-acre development parcel is situated in the heart of the rapidly growing Freeport market area. Strategically located just east of Hammock Bay with 1000 feet on Hwy 20, the property is only minutes from the thriving business district along Hwy 331, as well as area Schools. It's a quick 20-minute drive to the stunning beaches of 30A, along with world-class shopping and dining options. The property is zoned Commercial Residential and within the City of Freeport Zoning District, with development potential ranging from 2 to 14 dwelling units per acre. Commercial frontage along Hwy 20. SELLER IS WILLING TO SPLIT THE PROPERTY, DEEDING THE MAJOR UPLAND PORTION TO THE BUYER AND RETAINING THE CONSERVATION WETLANDS. Buyer to verify data for its own use.

Sale Type

Accept Backup Offers: 1

Waterfront

Creek: 1 Waterfront Feet: 1350

Waterview

Creek: 1

Lot Features

Interior: 1 Irregular: 1 Wetlands: 1 Wooded: 1

Lot Access

County Road: 1 Paved Road: 1 State Highway: 1

Utilities

Community Sewer: 1 Community Water: 1 Electric: 1 Gas Available: 1 Phone: 1

Zoning

City: 1 Commercial: 1 Horses Allowed: 1 Resid Multi-Family: 1 Resid Single Family: 1

None

Current Price: $4,995,000

Status Change Info

Status: Active

Location Tax and Legal

Street #: xx Street Direction: W Street Name: St Highway 20 Street Suffix: Highway Area: 20 - Freeport State: FL Zip Code: 32439 County: Walton Project Name/Subdivision: METES & BOUNDS Parcel ID: 16-1S-19-23000-001-0001

Property Features

Sale Type: Accept Backup Offers Lot Access: County Road; Paved Road; State Highway Lot Features: Interior; Irregular; Wetlands; Wooded Zoning: Commercial; Horses Allowed; Resid Multi-Family; Resid Single Family Waterfront: Creek Waterview: Creek Utilities: Community Sewer; Community Water; Electric; Gas Available; Phone