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Property Description
Positioned just east of the highly sought-after Hammock Bay community in Freeport, Florida, this 32-acre tract offers a prime opportunity for multifamily residential development or long-term investment. With proximity to top-rated schools, emerging commercial centers, and scenic coastal amenities, the property benefits from strong growth trends in Walton County. Its location near one of the region's most successful master-planned communities makes it an ideal site for future residential expansion, estate homes, or a strategically phased development project. The Phillips Portfolio represents a once-in-a-generation opportunity to invest in one of America's most dynamic growth markets. The Portfolio has been strategically assembled to include an inventory of 43 high-value assets.
Full Property Details
Full Property Details for 941 Florida 20
General
- Price: $2,000,000
- Status: Active
- Type: Commercial
- Source: Emerald_Coast
- MLS ID: 1001906
- Updated: 4/30/2026
- Added to Site: 1 day(s) ago
Location
- Area: 20 - Freeport
- County: Walton
- Driving Directions: Traveling on US Highway 331, turn West on Highway 20. The Subject Property is 2 miles down Highway 20 on the South side of the road.
Lot Features
- Lot Size (Acres): 32
- Lot Size (Sq. Ft.): 1,393,920
Disclosures and Reports
- Legal Description: Walton Co Parcel IDs: 09-1S-19-23000-009-0000, 09-1S-19-23000-009-0070, 09-1S-19-23000-009-0080, 16-1S-19-23000-008-0050, 16-1S-19-23000-008-0051
- APN: 09-1S-19-23000-009-0000
- Property ID: 09-1S-19-23000-009-0000
Listed by NAI Talcor
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Schools
Schools serving 941 Florida 20
School District:Walton County School District
| Name | Grades | Distance |
|---|---|---|
Freeport Middle School 360 Kylea Laird Drive, Freeport, FL 32439 | 6-8 | 1.1 mi |
Freeport Elementary School 15381 U.S. 331, Freeport, FL 32439 | PK-5 | 2 mi |
Freeport Senior High School 12615 U.S. 331, Freeport, FL 32439 | 9-12 | 4.6 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 941 Florida 20
Date
Details
Price
Change
Source
4/30/2026
Listed
$2,000,000
—
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 941 Florida 20
941 Florida 20, Freeport, FL 32439 (MLS# 1001906) is a Commercial property. 941 Florida 20 is currently listed for $2,000,000 and was received on April 30, 2026. Want to learn more about 941 Florida 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.

