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$875,000 -$24,000 (-2.67%) Price Reduced
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Property Description
PRIME RV park development opportunity in Freeport, Florida-one of Northwest Florida's fastest-growing corridors for outdoor recreation, RV resorts, and long-term land investment. This 12.37-acre parcel on Highway 20 is ideally positioned for anyone looking to create a nature-focused RV park, campground, or multi-phase outdoor hospitality project. With more than 1,300 feet of highway frontage and a location just 4 miles east of Highway 331, the property offers excellent visibility, steady traffic exposure, and convenient year-round access for future guests. Zoned estate residential, this property is located in Walton County, where RV parks and campgrounds are permitted if connected to recreational activities. **Buyers are responsible for conducting their own due diligence. All development plans are subject to review and approval by the Walton County Planning Department. ** A natural creek winds through the acreage, creating organic opportunities for fishing areas, hiking trails, boardwalks, nature lookouts, horseback riding, or eco-tourism features. Developers seeking land with built-in outdoor appeal will find this site well suited for attracting RV travelers, seasonal guests, and adventure-focused tourists. Significant groundwork has already been completed, including a DOT-approved access driveway, gravel internal roads, two cleared half-acre pads, boundary surveys, wetland studies, environmental assessments, and detailed RV resort concept renderings. Additional conceptual plans are also available for warehouse or mixed-use development. With future sewer expansion planned along Highway 20, the long-term development potential of this site continues to grow. Situated within the Highway 20 Economic Development Corridor, the property is minutes from some of the Gulf Coast's most popular destinations while still offering the natural setting RV guests desire. It is located approximately 29.7 miles from Pier Park in Panama City Beach, 23.1 miles from Silver Sands Premium Outlets in Miramar Beach, and 18.1 miles from Seaside and Scenic Highway 30A. This is a rare opportunity to develop an RV resort or outdoor recreation destination in a high-demand market driven by tourism, outdoor travel, and growth in the RV hospitality sector. Whether your vision includes a boutique RV park, a full-scale resort, or a phased recreational development, this property provides the acreage, location, and foundational infrastructure to support a successful long-term project. Contact us today to explore this investment opportunity and review available surveys, studies, and concept plans. Don't miss out on this rare opportunity to create a premier RV resort in one of Northwest Florida's fastest-growing areas. Contact us today to learn more about this exceptional investment!
Full Property Details
Full Property Details for 4515 State Hwy 20
General
- Price: $875,000
- Status: Active
- Type: Commercial
- Source: Bay_County
- MLS ID: 764153
- Updated: 2/10/2026
- Added to Site: 476 day(s) ago
Parking
- Parking Features: Paved
Location
- County: Walton
- Subdivision: [No Recorded Subdiv]
- Driving Directions: Take Hwy 331 North to Hwy 20. Take a right on Hwy 20 and go 3.6 miles until you reach PLANTATION LANE on the left. Take a left and and the Property is the FIRST Parcel on your LEFT.
School Information
- Elementary School: Freeport
- Middle School: Freeport
- High School: Freeport
Community
- Community Name: 12 - Walton County
Heating & Cooling
- Air Conditioning: Yes
Utilities
- Utility Description: Sewer Available
Structural Information
- Construction: Other, See Remarks
- Year Built: 2022
- Property Condition: To Be Built
Additional Structures
- Other Structures: See Remarks
Lot Features
- Property View: Creek/Stream
- Lot Size (Acres): 12.6
- Lot Size (Sq. Ft.): 548,856
- Lot Size: 12.6
- Lot Features: Cleared, Other, See Remarks, Wetlands
- Zoning: Horses Allowed, Resort, Variance Required, Other - See Remarks
Water Features
- Water Front: Yes
- Water Front Desc.: Creek
- Water Front View: Creek
Disclosures and Reports
- Documents Avail.: Environmental Study
- Legal Description: COM SW/C OF NE1/4 SEC 20 FOR ''POB, N 00 DEG 22'36''''E 231.82FT'' ''N 89 DEG 50'56''''E 1303.29FT'' BEING ON WLY ROW PLANTATION LN ''S 00 DEG 11'56''''W 467.17FT TO N'' ''ROW HWY 20, N 86 DEG 07'28''''W'' ''1307.11FT, N 00 DEG 22'36''''E'' 143.57FT T0 POB. OR 74-348 OR 207-52 OR 2507-1324 OR 2602-3725 OR 3081-1234
- Property ID: 20-1S-18-14000-001-0000
Listed by eXp Realty, LLC
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Schools
Schools serving 4515 State Hwy 20
School District:Walton County School District
| Name | Grades | Distance |
|---|---|---|
Freeport Elementary School 15381 U.S. 331, Freeport, FL 32439 | PK-5 | 3.6 mi |
Freeport Middle School 360 Kylea Laird Drive, Freeport, FL 32439 | 6-8 | 4.5 mi |
Freeport Senior High School 12615 U.S. 331, Freeport, FL 32439 | 9-12 | 5.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4515 State Hwy 20
Date
Details
Price
Change
Source
2/10/2026
Price Reduced
$875,000
-2.67%
MLS
12/10/2025
Price Reduced
$899,000
-4.87%
MLS
12/03/2025
Price Reduced
$945,000
-3.08%
MLS
10/19/2025
Price Reduced
$975,000
-2.45%
MLS
6/27/2025
Price Reduced
$999,500
-13.09%
MLS
1/08/2025
Price Reduced
$1,150,000
-4.17%
MLS
10/23/2024
Listed
$1,200,000
990.91%
MLS
8/01/2018
Sold
$110,000
—
Public Record
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 4515 State Hwy 20
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,300
—
$167,518
2%
2024
$1,300
19%
$164,542
27%
2023
$1,097
70%
$129,103
58%
2021
$645
-8%
$81,793
-15%
2022
$701
9%
$96,239
36%
2021
$645
39%
$70,616
40%
2019
$464
5%
$50,440
14%
2018
$441
18%
$44,387
10%
2017
$375
-1%
$40,352
—
2016
$378
-2%
$40,352
—
2015
$385
-2%
$40,352
—
2014
$391
-44%
$40,352
-43%
2013
$694
—
$71,064
—
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 4515 State Hwy 20
4515 State Highway 20, Freeport, FL 32439 (MLS# 764153) is a Commercial property. 4515 State Highway 20 is currently listed for $875,000 and was received on October 23, 2024. Want to learn more about 4515 State Highway 20? Do you have questions about finding other Commercial real estate for sale in Freeport? You can browse all Freeport real estate or contact a Coldwell Banker agent to request more information.

