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$1,869,000
Property Description
**Bayview COMMERCIAL / HOSPITALITY OPPORTUNITY | 3.43 Acres | 480' Highway & Bay Frontage | Freeport, FL** Rare 3.43± acre BLUFF-TOP PROPERTY overlooking Choctawhatchee Bay with approximately 480 FEET OF FRONTAGE along State Road 20, offering exceptional property VISIBILITY AND SIGNAGE EXPOSURE on one of Walton County's fastest growing corridors. With AADT traffic counts of approximately 11,400 vehicles per day, the property provides outstanding exposure for destination-based businesses, event venues, hospitality concepts, or live-work commercial operations. Currently operating as a short-term rental and private event venue, the property demonstrates an existing revenue model while offering substantial opportunity for expansion or redevelopment. The site includes two substantial structures totaling approximately 9,000+ square feet: " Main Building - 7,589 SF with multiple gathering areas, kitchens, and accommodatio suitable for hospitality or retreat use " Guest Building - 1,426 SF with kitchen, living area, and additional lodging. Positioned on an elevated bluff overlooking the Choctawhatchee Bay, the property features panoramic water views, expansive outdoor entertaining areas, a large pool, and more than 5,000 square feet of patio space. The 3.43-acre parcel provides significant room for additional structures, parking expansion, or phased development, making it attractive for investors seeking to scale operations. The property lies within Walton County's Rural Village future land use designation, which supports a mix of residential and neighborhood-scale commercial uses. Potential uses include: - Boutique Inn / Bed & Breakfast - Wedding or Event Venue - Corporate Retreat Center - Wellness or Yoga Retreat - Live-Work Business Campus - Professional Office or Creative Campus Neighborhood commercial uses such as bed and breakfast establishments, professional offices, and live/work concepts are permitted within this land use category. Located approximately 15 minutes from Destin and the beaches, the property benefits from proximity to major tourism destinations while offering the space, privacy, and accessibility rarely found closer to the coast. An exceptional opportunity for investors, hospitality operators, or entrepreneurs seeking a highly visible destination property with development potential. Buyer to verify all information including zoning, allowable uses, measurements, and development potential.
Full Property Details
Full Property Details for 13000 W State Hwy 20
General
- Price: $1,869,000
- Taxes: $9,927 (2024)
- Status: Active
- Type: Single Family
- Source: Emerald_Coast
- MLS ID: 998152
- Updated: 4/13/2026
- Added to Site: 29 day(s) ago
Interior
- Number of Rooms: 12
- Interior Features: Breakfast Bar, Ceiling Beamed, Ceiling Cathedral, Ceiling Crwn Molding, Ceiling Raised, Ceiling Vaulted, Fireplace 2+, Guest Quarters, Kitchen Island, Lighting Recessed, Owner's Closet, Shelving, Split Bedroom, Walls Paneled, Washer/Dryer Hookup
- Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer, Wine Refrigerator, Water Heater - Elect, Water Heater - Tnkls
- Furnishings: Furnished - Some
- Flooring: Floor Hardwood, Floor Laminate, Floor Marble, Floor Tile
Rooms
Bathrooms
- Total Bathrooms: 12
- Full Bathrooms: 9
- Half Bathrooms: 3
Bedrooms
- Total Bedrooms: 10
Additional Information
- Pool: Yes
- Pool Description: Pool - In-Ground, Pool Type
Exterior
- Exterior Features: Balcony, Lawn Pump, Sprinkler System, Yard Building
- Porch/Patio/Deck: Patio Covered, Patio Open
Location
- Area: 20 - Freeport
- County: Walton
- Subdivision: Choctaw Beach
- Driving Directions: From Niceville - from Midbay bridge that leads into Destin travel approx 4 miles E on HWY 20 -
School Information
- Elementary School: Freeport
- Middle School: Freeport
- High School: Freeport
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Ceiling Fans, Central Air
- Heating Type: Central
- Heating/Cooling: Central, Ceiling Fans, Central Air
Utilities
- Sewer: Septic Tank
- Utility Description: Electric, Public Water
Structural Information
- Architectural Style: Villa
- Construction: Stucco
- Exterior Const.: Stucco
- Stories/Levels: 2
- Square Feet: 9,015
- Sq. Ft. Source: County PA Records
- Year Built: 1983
Additional Structures
- Other Structures: Guest Quarters
Lot Features
- Property View: Bay
- Lot Size (Acres): 3.43
- Lot Size (Sq. Ft.): 149,410.8
- Lot Dimensions: ~415 x 340 x 170 x 590+/-
- Frontage: State Road
- Street/Road Desc.: Paved
- Lot Features: Within 1/2 Mile to Water
- Zoning: Resid Single Family
- Fencing (Description): Fenced Chain Link, Fenced Lot-All
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Type: Bay
Financial Considerations
- Tax Amount: $9,927.96
- Tax Year: 2024
Disclosures and Reports
- Legal Description: LOTS 20 TO 26 BLK 8 CHEROKEE S/D LESS & EXCEPT: COM SW/C LOT 23 BLK 8 CHEROKEE S/D, E 63 FT FOR POB; N PARALLEL TO W LN OF LOT 150FT, E TO W ROW JUNIPER STREET, SLY ALG ROW TO SE/C OF LOT, W 63FT TO POB. OR 2084-352 OR 2142-131 OR 2332-1800 OR 2332-1804 OR 2933-2314 OR 3075-4301 OR 3279-1202 OR 3285-4049
- APN: 28-1S-21-41010-008-0200
- Property ID: 28-1S-21-41010-008-0200
Listed by Lokation and ECN - Unknown Office
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Schools
Schools serving 13000 W State Hwy 20
School District:Walton County School District
| Name | Grades | Distance |
|---|---|---|
Freeport Middle School 360 Kylea Laird Drive, Freeport, FL 32439 | 6-8 | 12.4 mi |
Freeport Elementary School 15381 U.S. 331, Freeport, FL 32439 | PK-5 | 13 mi |
Freeport Senior High School 12615 U.S. 331, Freeport, FL 32439 | 9-12 | 14.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 13000 W State Hwy 20
Date
Details
Price
Change
Source
3/16/2026
Listed
$1,869,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 13000 W State Hwy 20
Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,928
—
$1,169,325
—
2024
$9,928
-9%
$1,170,901
-17%
2023
$10,911
18%
$1,410,117
32%
2021
$9,274
-28%
$1,065,472
-44%
2022
$12,956
40%
$1,910,938
117%
2021
$9,274
23%
$880,667
9%
2019
$7,536
-18%
$804,346
-18%
2018
$9,153
—
$976,252
—
2017
$9,170
-1%
$974,081
—
2016
$9,229
-1%
$970,472
1%
2015
$9,279
-2%
$959,636
-1%
2014
$9,485
35%
$966,605
30%
2013
$7,028
—
$741,168
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 13000 W State Hwy 20
13000 W State Highway 20, Freeport, FL 32439 (MLS# 998152) is a Single Family property with 10 bedrooms, 9 full bathrooms and 3 partial bathrooms. 13000 W State Highway 20 is currently listed for $1,869,000 and was received on March 16, 2026. Want to learn more about 13000 W State Highway 20? Do you have questions about finding other Single Family real estate for sale in Freeport? You can browse all Freeport real estate or contact a Coldwell Banker agent to request more information.
