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    Reserve At Hammock Bay, Unit 24 Freeport, FL 32439

    Pending
    For Sale
    $1,023,000

    LAND - Freeport, FL

    Lot size:
    16.38 Acres
    Days on Market:
    20
    Last Refresh:
    Dec 12 at 7:06 am

    Property Features for Reserve At Hammock Bay

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    City, Deed Restrictions,
    APN
    20-1S-19-23100-000-0240
    Lot size
    16.38 Acres

    Utilities

    Sewer type
    Septic Tank

    Hammock Bay Real Estate (850) 654-7777 [email protected]

    Listing agent Anne T Winjum (850) 259-9502 License #646860

    Listing date Nov 23, 2025

    Copyright © 2025 Emerald Coast 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.

    Overview

    Freeport, FL Land Opportunity

    This 16.38-acre property is located within 'The Reserve at Hammock Bay', an exclusive estate-lot community characterized by privacy and natural surroundings. The Reserve comprises 42 homesites spread across 723 acres, with individual lots ranging from 3 to 80 acres. Lot 24 offers ample space for various potential uses, including a large garden, barn, horses, pool, or outdoor living areas. The gated neighborhood includes underground utilities, natural gas, and fiber internet, as well as private roads and maintained landscaping. Located near Freeport, the property is approximately 20 minutes from the beaches of South Walton. Residents have access to Hammock Bay's resort-style amenities. The property is subject to The Reserve's Architectural Review Code and Team, but has no build-out time frame. The zoning is subject to city and deed restrictions.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Freeport
    County
    Walton
    State
    Florida
    Longitude
    -86.149544
    Latitude
    30.477684

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    FAQs

    What type of property is this?
    Land - 16.38 acres in an exclusive estate-lot community.
    Where is this land located?
    The property is located at Reserve At Hammock Bay, Unit 24 Freeport, FL.
    What is the asking price?
    The asking price for this property is $1,023,000.
    What are key features of this property?
    This property features: - 16.38-acre estate lot in The Reserve at Hammock Bay.; - Rare privacy and natural beauty with only 42 homesites across 723 acres.; - No required build-out timeframe, offering flexibility.
    (850) 259-9502
    Request Owner's contact information
    Reserve At Hammock Bay, Unit 24 Freeport, FL 32439
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Reserve At Hammock Bay, Unit 24 Freeport, FL 32439
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