xx W St Highway 20 Highway, Freeport, FL 32439 (MLS# 971001)

xx W St Highway 20 Highway, Freeport, FL 32439

$4,995,000

Property Type: Commercial for Sale 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# 971001

Contract Info

GCCMLS Number: 42096898
Listing Board: Emerald Coast

Location Tax and Legal

Area: 20 - Freeport
Street #: xx
Street Direction: W
Street Name: St Highway 20
Street Suffix: Highway
State: FL
Zip Code: 32439
County: Walton
Parcel ID: 16-1S-19-23000-001-0005

General Property Info

Listed on GCCMLS: Yes
Vacant: Yes
Immediate Occupancy: Yes
Acreage: 57.27
Lot Frontage: 1350
Lot Depth: 2500
Zoning: Mixed Use
Future Land Use: Mixed Use
CAM: 0

Land

Price P/Acre: 87218

More Information

Waterfront

Waterfront Feet: 1350
Creek: Yes

Location, Tax and Legal

Sub Area: 2005 - S. of 20 to Hwy 331
Legal Description: COM WHERE W BDRY OF NE1/4 OF NE1/4 INTERSECTS S BDRY ST RD 20 RUN S 809.84 FT E 190 FT TO BEG E 190 FT N TO S BDRY OF RD 20 NWLY TO PT N OF BEG S TO POB. OR 55-96 OR 1717-257 OR 2647-707 OR 2831-4665

Listing Info, Tax & Legal

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.

Class

Land: Yes

Construction Status

N/A: Yes

Property Features

Class: Land Construction Status: N/A Waterfront: Creek

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.