$10,000,000
Freeport, FL 32439
MLS# 961654
1 / 23
Property Description
This premier development opportunity spans approximately 23.22 acres across three parcels in a private and beautiful area of Freeport! Boasting 950 linear feet of waterfront on Alaqua Bayou, this estate offers potential for a private waterfront compound or neighborhood development, complete with a private dock, boat lift, fire pit, and gated entry! With a 3,240 square foot metal building and workshop already in place, equipped with power, water, septic, and bathroom facilities, the groundwork for development is ready to go. Large canopy trees provide natural beauty and privacy, while perimeter fencing enhances security. Access to the property is conveniently located off County Highway 83A and Dexton King Road. Utilities, including city water, power, cable, and sewer, are...
Details
Contract Info
Listing Board: Emerald Coast
List Price/Acre: 430663.22
List Date: 2024-10-23
List Price: $10,000,000
Location, Tax and Legal
Sub Area: 2005 - S. of 20 to Hwy 331
Elementary School: Freeport
Middle School: Freeport
High School: Freeport
Legal Description: COM AT INTERSECTION OF W ROW OF ST RD 83A AND S LINE OF SEC 18-1S-19, W 555.74 FT CONT W 1263 FT TO ALAQUA BAYOU NE/LY ALONG BAYOU 896.2 FT, S 69 DEG E 1083 FT, S 41 DEG 26'E 428 FT TO ST RD 83A, SLY 67.36 FT TO POB OR1967-271 LESS: COM AT INTERSECT OF CENTERLINE OF SR83A (BAY LOOP ROAD) WITH S LINE OF SEC 18-1S-19 PROCEED N 88DEG32'24''W 50.94 FT TO POB THENCE CONTINUE N 88DEG32'24''W 555.74 F
General Property Info
Sub-Type: Vacant Land
Acreage: 23.22
Listing Info, Tax & Legal
Is Subject Leased: No
Assessment Fees: No
New Buyer Fee: No
Brokerage Interest: No Interest
As Is: Yes
Remarks & Misc
Remarks: This premier development opportunity spans approximately 23.22 acres across three parcels in a private and beautiful area of Freeport! Boasting 950 linear feet of waterfront on Alaqua Bayou, this estate offers potential for a private waterfront compound or neighborhood development, complete with a private dock, boat lift, fire pit, and gated entry! With a 3,240 square foot metal building and workshop already in place, equipped with power, water, septic, and bathroom facilities, the groundwork for development is ready to go. Large canopy trees provide natural beauty and privacy, while perimeter fencing enhances security. Access to the property is conveniently located off County Highway 83A and Dexton King Road. Utilities, including city water, power, cable, and sewer, are...
Waterfront
Bayou: 1
Waterfront Feet: 925
Waterview
Bayou: 1
Lot Features
Addl Land Available: 1
Build To Suit: 1
Within 1/2 Mile to Water: 1
Wooded: 1
Lot Access
Controlled Access: 1
County Road: 1
Utilities
Electric: 1
Public Water: 1
Sewer Available: 1
TV Cable: 1
Zoning
See Remarks: 1
None
Current Price: $10,000,000
Status Change Info
Status: Active
Location Tax and Legal
Street #: 147
Street Name: Dexton King
Street Suffix: Road
Area: 20 - Freeport
State: FL
Zip Code: 32439
County: Walton
Project Name/Subdivision: NO RECORDED SUBDIVISION
Parcel ID: 13-1S-20-32000-031-0010
Property Features
Lot Access: Controlled Access; County Road
Lot Features: Addl Land Available; Build To Suit; Within 1/2 Mile to Water; Wooded
Zoning: See Remarks
Waterfront: Bayou
Waterview: Bayou
Utilities: Electric; Public Water; Sewer Available; TV Cable
Supplements
available along County Highway 83A. This opportunity also has an FAA approved helicopter land pad on the property that is also approved by Eglin AFB as it lies under their restricted airspace. Additionally, the southernmost parcel features an existing residential structure, and there's significant potential for future single-family home development with a Conceptual Master Plan in place (subject to permits and changes). A private helipad has been approved by the State (pending final activation), adds a luxurious touch to this property. This prime location offers an incredible chance to create a one-of-a-kind residential development or private estate, the choice is yours. A Conceptual Master Plan is in the photos and is shown only to represent design intent. Layout, density and lot sizes are subject to change to reflect local and state regulations and approvals. Call today for more information or your private viewing.
Listing Office: Scenic Sotheby's International Realty
Last Updated: September - 09 - 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.
Broker Attribution:
caleb@scenicsir.com
