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    Old Jolly Bay Rd Freeport, FL 32439

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    For Sale
    $3,600,000

    16+/- acres in Freeport, ideal for various development projects.

    Lot size:
    16.00 Acres

    Property Features for Old Jolly Bay Rd

    General Information

    Lot size
    16.00 Acres

    Source: Palmetto Properties & Realty Agent Sherry Nelson Paris

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Development Land Opportunity

    This 16+/- acre property presents a development opportunity in a prime location poised for future growth. The site features over 1485 feet of paved road frontage and has city water and sewer available. Situated on Old Jolly Bay Rd, which runs parallel to Hwy 331 South, the property benefits from proximity to a traffic signal at LaGrange Rd/Ramsey Rd & Hwy 331. New developments are planned in the area, including 300+ apartments and a resort RV park at LaGrange Rd & 331. Old Jolly Bay Rd provides access to Co. Hwy 3280 to the South (Black Creek Rd) and north to the intersection at Publix & Businesses at Marquis Way. Currently zoned Estate Residential by the county, the tract is suitable for residential development, retail or professional space, or flex warehouse and storage facilities. An adjoining 7.19-acre tract is also for sale, potentially creating a combined 23.19-acre site with 1973 feet of frontage. The location is south of Hwy 20, offering convenient access to town and Hwy 98. New developments are in progress and more are planned for Freeport.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Freeport
    County
    Walton
    State
    Florida
    Longitude
    -86.12308
    Latitude
    30.485875

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    FAQs

    What type of property is this?
    Land - 16+/- acres in Freeport, ideal for various development projects.
    Where is this land located?
    The property is located at Old Jolly Bay Rd Freeport, FL.
    What is the asking price?
    The asking price for this property is $3,600,000.
    What are key features of this property?
    This property features: - 16+/- Acres in Prime Location for future growth.; - Boasting over 1485' of paved road frontage with City Water & Sewer available.; - Located near Hwy 331, with traffic signal access at LaGrange Rd/Ramsey Rd.
    (850) 598-4290
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    Old Jolly Bay Rd 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

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

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    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
    Old Jolly Bay Rd Freeport, FL 32439
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