$10,500,000
Freeport, FL 32439
MLS# 828666
Status: Pending
1 / 17
Property Description
This 34 +/- acre development is located approximately 1.7 miles south of State Hwy 20 on US Hwy 331 South and approximately 3 miles north of the Choctawhatchee Bay from the Clyde B. Wells Bridge. Potential opportunity for commercial and/or residential development with access to the Choctawhatchee Bay along a growing corridor of Walton County with average AADT between 17-18K cars per day. This development consists of 10 parcels. perfectly situated in a HIGH TRAFFIC corridor with potential for marina, homes, & commercial, etc.
Details
Documents
Contract Info
Listing Board: Emerald Coast
List Price/Acre: 308823.53
List Date: 2019-08-01
List Price: $10,500,000
Location, Tax and Legal
Sub Area: 2007 - Bay Grove
Elementary School: Freeport
Middle School: Freeport
High School: Freeport
Legal Description: COM AT SW/C OF NE4; N 770FT TO POB, E 210FT, S 37 DEG 25'19E 238.12FT TO LAGRANGE RD, N 61 DEG 27'40E ALONG ROW 330FT N 02 DEG 33'43W 643.93FT TO THE SE/C OF HAZELTON PROPERTY, W 263FT TO THE SW/C OF SAID PARCEL, N 29.08FT, N 82 DEG 55'47W 220.41FT, S 50FT, S 83 DEG 55'30W 135.25FT, S 605.80FT TO POB OR 1361-264 OR 1954-334 OR 2577-1888 OR 2618-4964 OR 2705-4548 &-4552 &-4553 &-4556 &-4559 OR 2790
General Property Info
Sub-Type: Vacant Land
Acreage: 34
Listing Info, Tax & Legal
Is Subject Leased: No
Assessment Fees: No
New Buyer Fee: No
Last Taxes: 526.73
Last Tax Year: 2018
Brokerage Interest: No Interest
As Is: Yes
Remarks & Misc
Remarks: This 34 +/- acre development is located approximately 1.7 miles south of State Hwy 20 on US Hwy 331 South and approximately 3 miles north of the Choctawhatchee Bay from the Clyde B. Wells Bridge. Potential opportunity for commercial and/or residential development with access to the Choctawhatchee Bay along a growing corridor of Walton County with average AADT between 17-18K cars per day. This development consists of 10 parcels. perfectly situated in a HIGH TRAFFIC corridor with potential for marina, homes, & commercial, etc.
Waterview
Bay: 1
Lot Access
Paved Road: 1
U.S. Highway: 1
Utilities
None: 1
Zoning
Resid Multi-Family: 1
Financing
Conventional: 1
None
Current Price: $10,500,000
Status Change Info
Status: Pending
Under Contract Date: 2023-07-14
Location Tax and Legal
Street #: 130
Street Name: Lagrange
Street Suffix: Road
Area: 20 - Freeport
State: FL
Zip Code: 32439
County: Walton
Project Name/Subdivision: No Named Subdivision
Parcel ID: 27-1S-19-23000-031-0020
Property Features
Lot Access: Paved Road; U.S. Highway
Zoning: Resid Multi-Family
Waterview: Bay
Utilities: None
Financing: Conventional
Parcel IDs 
Zoning Map Listing Office: RC Real Estate Group
Last Updated: July - 07 - 2025
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.
