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

xx W St Highway 20 Highway, Freeport, FL 32439

$4,995,000

Property Type: Land Lot Size (sq. ft.): 2,494,681 Status: Active

Current Price: $4,995,000 List Date: 4/10/2026 Last Modified: 4/10/2026

Overview

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.

Listing Details MLS# 971000

Contract Info

Listing Board: Emerald Coast
List Price/Acre: 87218.44

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

General Property Info

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

Waterfront

Waterfront Feet: 1350
Creek: Yes

More Information

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:

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: Yes

Waterview

Creek: Yes

Lot Features

Interior: Yes
Irregular: Yes
Wetlands: Yes
Wooded: Yes

Lot Access

County Road: Yes
Paved Road: Yes
State Highway: Yes

Utilities

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

Zoning

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

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

Listing Office: Century 21 AllPoints Realty

Last Updated: April - 10 - 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.