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$4,995,000 Just Listed
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Property 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.
Full Property Details
Full Property Details for Xx W St Hwy 20 Hwy
General
- Price: $4,995,000
- Status: Active
- Type: Commercial
- Source: Emerald_Coast
- MLS ID: 971001
- Updated: 4/13/2026
- Added to Site: 4 day(s) ago
Location
- Area: 20 - Freeport
- County: Walton
- Driving Directions: Travel west on Hwy 20 from Hwy 331 and parcels are on south side of Hwy 20 just past Blueberry Rd
Lot Features
- Lot Size (Acres): 57.27
- Lot Size (Sq. Ft.): 2,494,681.2
- Lot Dimensions: 1350 x 2500
- Zoning: Mixed Use
Water Features
- Water Front: Yes
- Water Front Type: Creek
Disclosures and Reports
- 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
- APN: 16-1S-19-23000-001-0005
- Property ID: 16-1S-19-23000-001-0005
Listed by Century 21 AllPoints Realty
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Price & Sales History for Xx W St Hwy 20 Hwy
Date
Details
Price
Change
Source
3/13/2025
Listed
$4,995,000
—
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 Xx W St Hwy 20 Hwy
Year
Property Taxes
Change
Tax Assessment
Change
2024
100%
$12,800,000
46%
2023
100%
$8,784,787
-10%
2022
100%
$9,751,114
18%
2021
100%
$8,287,548
14%
2020
—
$7,255,250
—
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 Xx W St Hwy 20 Hwy
Xx W St Highway 20 Highway, Freeport, FL 32439 (MLS# 971001) is a Commercial property. Xx W St Highway 20 Highway is currently listed for $4,995,000 and was received on April 10, 2026. Want to learn more about Xx W St Highway 20 Highway? 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.

