RARE WATERFRONT & COMMERCIAL ACREAGE

Vacant Land for Sale
Catylist Listing ID: 30323623
Property Subtypes: Hospitality, Mobile Home Park, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage, Vacation/Resort, Other
Gross Land Area: 108 - 109 Acres
Sale Price: $5,975,000
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 3/14/2019

Overview / Comments

WATERFRONT ACREAGE TRACT ON LAGRANGE BAYOU and HIGHWAY 331 SOUTH. Over 108 Acres on the ICW and Four Mile Creek already Zoned for Development. Located within the Freeport City Limits, this Acreage has approx. 30 Acres Zoned for Commercial & approx. 32 Acres for Single & Multi-Family Residential. Very few WATERFRONT tracts available for Development in Walton County! Tracts can be sold separately or as an entire resort development property. Wetlands study complete & delineated with approx. 62 acres Uplands & 46 acres wetlands. City Water & Sewer Avail. Approx. 825 Feet of Hwy frontage & two separate entry points. Wooded tract w/Pines, Magnolias, Oaks, etc. Freeport is Growing with new Commercial Development - Publix Shopping Center, new Bank, new shops, restaurants & more! Join in the Growth!

Additional Details

Nearest MSA: Crestview-Fort Walton Beach-Destin
County: Walton
Taxing Authority: Walton County & City of Freeport
Tax ID/APN: 22-1S-19-23000-020-0000
Zoning: COMMERCIAL/RESIDENTIAL
Property Located Between: Highway 98 and Highway 20
Property Visibility: Excellent
Legal Description: Metes & Bounds
Largest Nearby Street: Highway 331 South
Feet of Frontage: 825
Highway Access: Highway 331, Highway 20, Highway 98
Airports: Northwest Florida Regional Airport (west) and Emerald Coast Beaches International Airport (east)
Area Description: Growing Freeport area with new Residential Developments and new Commercial Developments. The Shoppes of Freeport (Publix Sopping Center) has now sold all Outparcels. Outparcels include First Florida Bank, McDonald's, Dairy Queen, Waffle House, Ace Hardware and Coastal Carwash. Taco Bell coming on east side of Hwy 331, across from Publix. New businesses locating to Freeport in the Walton County Industrial Park on Business 331. Now is the time to Buy in Freeport!
Lot Frontage: 825
Zoning Description: Commercial, Multi-Family and Single Family
Topography: Level
Easements: Utilities
Available Utilities: Electric, Water, Sewer, Cable, Broadband, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 1,026 4,624
Median Age: 43.35 39.77
Households: 442 1,906

Contact

Photograph of Listing Agent

Sherry Nelson Paris

Palmetto Properties & Realty, LLC
Gulf Coast CMLS Member
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