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$475,000
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Property Description
Prime Locations!! 2-Story Plaza Design comprised of 9,600 sq ft to be constructed with 12-Condo Units. Development Order (DO) In Hand - Ready to GO Vertical in Prime Locationl!! Including the DO, the seller is also providing in the sales price (i) Site Plan, (ii) Bldg Permit, (iii) Engineering, (iv)Project Plans, and (v) Clearing and Foundation for Bldg Pad. Located within a mile of Freeport's largest (3,000-acre) bay front master-planned residential community known as Hammock Bay. This is just one of the many communities within Freeport.Freeport needs multitude of businesses to support one of the Fastest Growing cities in Walton County. These premium 12 units make for great medical offices, lawyers offices, veterinarian clinics, clothing store, coffee shop or health foods, and more. Freeport is a wonderful community with rapid growth and this asset is directly in the path of the growth trend located on Major Highway 20 stretching between Freeport and Niceville Florida. This amazing property is entitled with rights to construct improvements as depicted within the listing.
Full Property Details
Full Property Details for 772 Sr-20
General
- Price: $475,000
- Status: Active
- Type: Commercial
- Source: Emerald_Coast
- MLS ID: 899497
- Updated: 8/14/2025
- Added to Site: 1, 333 day(s) ago
Location
- Area: 20 - Freeport
- County: Walton
- Driving Directions: Take State Hwy 20 West from US 331 Freeport approx. 1.7 miles and the property is located on the right. The Seller has started preparing the lot for construction.
Lot Features
- Lot Size (Acres): 0.92
- Lot Dimensions: 107' x 400'
- Lot Depth: 400
- Zoning: Municipal
Disclosures and Reports
- Legal Description: COM NW/C OF SW4 OF SE4 S 00 DEG 24'20 E 451.18 FT, S 69 DEG 33'11 E 428.04 FT TO POB, CONT S 69 DEG 33'11 E 107.01 FT, S 00 DEG 24'20 E 400 FT TO N R/W SR 20, N 69 DEG 33'11 W 107.01 FT, N 00 DEG 24'20 W 400 FT TO POB OR 2388-214 OR 2597-1955 OR 3183-3506
- APN: 09-1S-19-23000-003-0050
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 772 Sr-20
School District:Walton County School District
| Name | Grades | Distance |
|---|---|---|
Freeport Middle School 360 Kylea Laird Drive, Freeport, FL 32439 | 6-8 | 0.9 mi |
Freeport Elementary School 15381 U.S. 331, Freeport, FL 32439 | PK-5 | 1.8 mi |
Freeport Senior High School 12615 U.S. 331, Freeport, FL 32439 | 9-12 | 4.4 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 772 Sr-20
Date
Details
Price
Change
Source
8/14/2025
Price Reduced
$475,000
-13.48%
MLS
5/19/2024
Price Reduced
$549,000
-8.35%
MLS
2/19/2024
Price Reduced
$599,000
-14.37%
MLS
11/23/2022
Price Reduced
$699,500
-20.06%
MLS
7/26/2022
Price Reduced
$875,000
-34.21%
MLS
5/26/2022
Listed
$1,330,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 772 Sr-20
772 Sr-20, Freeport, FL 32439 (MLS# 899497) is a Commercial property. 772 Sr-20 is currently listed for $475,000 and was received on May 26, 2022. This property is listed by Beverly Buck Team from our Destin / 30A Office.Want to learn more about 772 Sr-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.

