TBD Hwy 20 Road, Freeport, FL 32439 (MLS# 791316)

TBD Hwy 20 Road, Freeport, FL 32439

New Listing

$4,900,000

Property Type: Residential Land Lot Size (sq. ft.): 9,670,320 Status: Active

Current Price: $4,900,000 List Date: 6/14/2026 Last Modified: 6/14/2026

Overview

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 …

Supplements: 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 po … (Read more)

Listing Details MLS# 791316

Contract Info

List Price/Acre: 22072.07

Location

Street #: TBD
Street Name: Hwy 20
Street Suffix: Road
Area: 12 – Walton County
State: FL
Zip Code: 32439
County: Walton
Sub Area: 1210 – Walton – Freeport
Subdivision: Other
Community/Resort: None
Waterfront: No
Parcel ID: 23-1S-18-14000-001-0010
Elementary School: Freeport
Middle School: Freeport
High School: Freeport
Directions: 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, just east of Windswept Dunes.
Legal Description: 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 In The N Row Line Of St Rd #20 Said Point Being The Pob Thence Cont N Along E Line Of Said Sec 23 A Dist Of 20 Chains To A Point Thence In A Nwly Direction Along The W & S Edge Of A Creek Swamp To A Point In The N Line Of Said Sec 23 Thence S 54 Deg 30'W A Dist Of 31 Chains M Or L On To A Point On The

General Property Info

Sub-Type: Vacant Land
Lot Dimensions: na/na
Acreage: 222
Lot Size (SqFt): 9670320

Listing Info, Tax & Legal

HOA Fee: No
Brokerage Interest: No Interest
As Is: Yes
Section: 23
Township: 1S
Range: 18

Remarks & Misc

Remarks: 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 …

Lot Features

Irregular: Yes
Survey Available: Yes
Wooded: Yes

More Information

Lot Access

State Highway: Yes
Paved Road: Yes

Present Zoning

Resid Single Family: Yes
Other – See Remarks: Yes

Utilities

Electricity – Connected: Yes
Water Connected: Yes
Septic – Needed: Yes
Septic Tank: Yes
Tap Fee Due: Yes
Other – See Remarks: Yes

Property Features

Lot Access: Paved Road; State Highway Lot Features: Irregular; Survey Available; Wooded Utilities: Electricity – Connected; Water Connected; Septic – Needed; Septic Tank; Tap Fee Due; Other – See Remarks Present Zoning: Resid Single Family; Other – See Remarks

Listing Office: Christies International Real Estate Emerald Coast

Last Updated: June – 14 – 2026

Information deemed reliable but not guaranteed.