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Expansive Land Parcel in Freeport, FL
For Sale
$3,500,000
Pending

Old Eucheeanna Road, Freeport, FL 32439

LAND - Freeport, FL

Property SizeContact for details
Lot Size71.93 Acres
Days on Market366

Property Features for Old Eucheeanna Road

General Information

Property type Land
Property subtype Other
Lot features Paved
Elementary school Freeport
Middle school Freeport
High school Freeport
Directions From the intersection of State Highway 331 go west on State Highway 20 about one mile to Madison Street (CR-883), turn right onto Madison Street and go about 6/10 mile, turn sharp right onto Kylea Drive then turn left onto Highland Street, go about 1/10 mile on Highland Street. See MapQuest map in ''Photos'' for directions and aerial map for access points in ''Documents''.
Subdivision 12 - Walton County
Standard status Pending
APN 10-1S-19-23000-027-0000
Lot size 71.93 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Long legal description - please see survey in ''Documents''.
Tax Annual Amount 143
Legal Description Long legal description - please see survey in ''Documents''.
Listing Agency: ERA Neubauer Real Estate, Inc · ERA Real Estate
Listed By: Steve E Butler · License #0173808
Added: Aug 18, 2025 Changed: May 30 Last Checked: Aug 18 at 5:06AM
MLS# 779270

Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This expansive 71.93-acre parcel is located in Freeport, Florida, near the intersection of Hwy 331 and Hwy 20, providing access to shopping, schools, and regional employers. The property is suitable for residential development or estate homesites, surrounded by established neighborhoods and new growth. Freeport Elementary, Middle, and High Schools are nearby, along with shopping and dining options such as Publix, Ace Hardware, and local restaurants. Recreational amenities include Windswept Dunes Golf Course, Choctawhatchee Bay, and the Freeport Regional Sports Complex. The beaches of Scenic 30-A are less than 20 minutes away. The property is located 25 minutes from Niceville, 35 minutes from Destin-Fort Walton Beach Airport (VPS), approximately 20 minutes to Ascension Sacred Heart Medical Center in Miramar Beach, and about 45 minutes to Northwest Florida Beaches International Airport (ECP) in Panama City Beach. According to the City of Freeport Planning and Zoning maps, the property's Future Land Use is designated as Low Density Residential (LDR) and its current Zoning is Residential-1 (R1). The property presents an opportunity for developers, builders, investors, or those seeking a large private tract near the coast.

Key Highlights

  • Large 71.93‑acre parcel suitable for residential development or estate homesites.
  • Prime location near Hwy 331 and Hwy 20 in the rapidly growing community of Freeport, NW Florida.
  • Convenient access to Freeport schools (Elementary, Middle, and High).

Property Analytics

Current Use

Residential land & home ...

Location Intelligence

Trade Area within ½ mile

199
Businesses Nearby

Demographics for 32439, FL

12,943
Population
6,772
Households
1.9
Avg Household Size
41
Median Age
30%
College-Educated
92%
High-School Grad
96.5 sq mi
ZIP Area
134
Density / Sq Mi
$77,500
Median Household Income
$40,358
Median Earnings
$1,657
Median Rent
$343,900
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 71.93-acre parcel near Hwy 331 and Hwy 20 in Freeport.
Where is this residential land & home lot located?
The property is located at Old Eucheeanna Road Freeport, FL.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Large 71.93‑acre parcel suitable for residential development or estate homesites.; Prime location near Hwy 331 and Hwy 20 in the rapidly growing community of Freeport, NW Florida.; Convenient access to Freeport schools (Elementary, Middle, and High).
More about this property
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