TBD Hwy 20, Freeport, FL 32439
TBD Hwy 20, Freeport, FL 32439
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$ 4,900,000
Est. payment | /mo

9,670,320 SqFt


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$ 4,900,000
Est. payment | /mo
Save

9,670,320 SqFt

Key Details

Property Type Vacant Land

Sub Type Vacant Land

Listing Status Active

Purchase Type For Sale

Square Footage 9,670,320 sqft

Price per Sqft $0

Subdivision Beg At The Se/C Of Sec 23 Thence N Along The E Line Of Said Sec 23 A Dist Of 25 Chains To A Point I

MLS Listing ID 1004535

HOA Y/N No

Annual Tax Amount $17,915

Tax Year 2025

Lot Size 222.000 Acres

Acres 222.0

Lot Dimensions na/na

Property Sub-Type Vacant Land

Source Emerald Coast Association of REALTORS®

Property Description

Positioned in the heart of Freeport, one of the fastest-growing communities in all of Florida, this expansive 222-acre parcel presents a rare and highly versatile investment opportunity in Walton County. Designated with a Future Land Use: Rural Residential and Zoning: Rural Village, the property offers exceptional flexibility for investors and developers alike. Whether envisioned as a large private estate, phased residential community, or a strategic subdivision and resale opportunity, the possibilities here are both diverse and scalable. The parcel is ideally located just 6 miles from U.S. Route 331, providing convenient access south to the world-renowned beaches of Scenic Highway 30A, which are only 20 minutes away. The property is also located just 20 minutes from Latitude ... Margaritaville and just under 30 minutes from the Panama City Beach Airport. The Airport is currently undergoing a large expansion, positioning it to become a principal port of entry into the area. The new Florida State University affiliate Hospital and Clinics, currently under construction, will also only be an easy 20 minutes drive. This prime positioning places future residents within easy reach of coastal amenities while enjoying the privacy and space of a rural setting. The parcel is the site of the proposed "Quail Run" residential development, envisioned to include approximately 400 homesites along with two 40,000-square-foot commercial buildings, creating a thoughtfully designed mixed-use community. Surrounded by the continued growth and demand driving Freeport and the greater Emerald Coast region, this property stands as a prime opportunity to capitalize on Northwest Florida's upward trajectory. With substantial acreage, favorable zoning, and subdivision plans already drawn up, this offering is well-positioned for immediate and long-term development success.

Contact the Listing Agent for Additional Property Information.

Location

State FL

County Walton

Area 20 - Freeport

Zoning Resid Single Family

Direction Driving north on 331 from South Walton County turn right at the light to head East on HWY 20 towards HWY 79. The parcel is located approximately 6 miles down the road on the North side of Hwy 20, jus

Exterior

Utilities Available Electric, Public Water, Tap Fee Due, Other

Street Surface Paved Road

Road Frontage State Highway

Garage No

Building

Lot Description Irregular, Survey Available, Wooded

Faces Driving north on 331 from South Walton County turn right at the light to head East on HWY 20 towards HWY 79. The parcel is located approximately 6 miles down the road on the North side of Hwy 20, jus

Sewer Septic Tank

Schools

Elementary Schools Freeport

Middle Schools Freeport

High Schools Freeport

Others

Pets Allowed No

Tax ID 23-1S-18-14000-001-0010

 Emerald Coast MLS - IDX
Listed by Delawalla Group Christies International Real Estate Emerald Coast

Schools and Properties Nearby

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TBD Hwy 20