830 Four Mile Rd, Freeport, FL 32439

$2,685,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$2,685,000
Days on Market
53
MLS#
1004690
Status
ACTIVE
Type
Land
Subtype
Unimproved Land
Lot Size
1,403,938
Neighborhood
S. of 20 to Hwy 331

Property Description

Exceptional residential development opportunity in the rapidly expanding Freeport market. This ±32.23-acre assemblage consists of six contiguous parcels strategically positioned just south of Highway 20 with access from Tucker Town Road and convenient connectivity to Highway 83A and the greater Walton County growth corridor. The property offers significant potential for a townhome or build-to-rent residential community, with conceptual density projections supporting approximately 135 to 200+ units, subject to engineering, rezoning, and governmental approvals. The site's scale and configuration provide flexibility for clustered residential planning, internal road networks, stormwater design, preserved natural areas, and community amenities. Freeport continues to experience strong residential growth driven by the expansion of South Walton and the Emerald Coast workforce housing market. Demand for attainable attached residential product remains high as buyers and renters seek convenient access to Santa Rosa Beach, Destin, and the Highway 98 corridor while benefiting from Freeport's continued infrastructure and commercial growth. This offering presents a rare opportunity for developers, builders, and build-to-rent operators to secure a large-scale residential land position within one of Northwest Florida's fastest-growing submarkets. Buyer to verify all information, dimensions, density, utilities, and development feasibility. Buyer to verify data for its own use. All information is believed to be accurate but is not guaranteed. Prospective buyers are responsible for independently verifying all information and determining the property's suitability for their intended use. All final terms are subject to negotiation and shall be set forth in a fully executed sales agreement between the parties.

Additional Information

Acres
32.23
Elementary School
Freeport
High School
Freeport
Legal Description
COM WHERE W BDRY OF NE1/4 OF NE1/4 INTERSECTS S BDRY OF RD 20, RUN S 1585.88 FT TO BEG, RUN S 414.46 FT, RUN E 1137.18 FT, RUN N 170.34 FT, RUN E 210 FT, RUN N 244.12 FT, RUN W 1347.18 FT TO POB OR 55-82 LESS & EXCEPT: COM SE/C OF SW4 OF NE4 OF SEC 16, N 02 DEG 03'04'' E 459.66 FT TO POB, N 02 DEG 03'04'' E 190.03 FT TO CTRLINE 35.06 FT, N 81 DEG 48' 41'' E ALONG CTRLINE 36.33 FT TO CTR OF FOUR MI
Middle School
Freeport
Neighborhood
S. of 20 to Hwy 331
Subdivision
N/A
Waterfront Features
Creek
View
Creek/Stream
Zoning
City, Commercial, Resid Multi-Family

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Century 21 AllPoints Realty.

Vendor Member Number : 28166