Search
Waterfront Estate Development Opportunity
For Sale
$5,995,000

147 Dexton King Road, Freeport, FL 32439

23.22 acres with waterfront, helipad, and development potential.

Property Size3,240 SF
Lot Size23.22 Acres
Price / SF$1,850
Days on Market659

Property Features for 147 Dexton King Road

General Information

Standard status Active
Size 3,240 SF
Lot size 23.22 Acres
Property subtype Land or Vacant Lot

Amenities

Additional Land Available
Build To Suit
Wooded
Listing Agency: SCENIC SOTHEBY'S INTERNATIONAL REALTY
Listed By: CALEB MIDGETT
Source: Corcoran
Added: Oct 23, 2024 Changed: Aug 8 Last Checked: Jul 16 at 6:47AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SCENIC SOTHEBY'S INTERNATIONAL REALTY

Investment Insights

Based on property information with market context.

This premier development opportunity encompasses approximately 23.22 acres across three parcels in a private area of Freeport. The estate boasts 950 linear feet of waterfront on Alaqua Bayou, offering potential for a private waterfront compound or neighborhood development, complete with a private dock, boat lift, fire pit, and gated entry. A 3,240 square foot metal building and workshop are already in place, equipped with power, water, septic, and bathroom facilities. Large canopy trees provide natural beauty and privacy, while perimeter fencing enhances security. Access to the property is conveniently located off County Highway 83A and Dexton King Road. Utilities, including city water, power, cable, and sewer, are available along County Highway 83A. The property features an FAA-approved helicopter land pad, also approved by Eglin AFB. The southernmost parcel includes an existing residential structure, and there's significant potential for future single-family home development with a Conceptual Master Plan in place. A private helipad has been approved by the State, pending final activation. This location offers an incredible chance to create a one-of-a-kind residential development or private estate.

Key Highlights

  • 23.22‑acre waterfront property with 950 linear feet on Alaqua Bayou, suitable for a private estate or neighborhood development.
  • Includes a 3,240 sq ft metal building/workshop with power, water, septic, and bathroom, facilitating immediate development.
  • FAA‑approved helicopter landing pad**, also approved by Eglin AFB, offering unique access and luxury.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Electrical Service Spa & Massage Center Hotel & Motel Coworking & Hybrid Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

11
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - 23.22 acres with waterfront, helipad, and development potential.
Where is this residential land & home lot located?
The property is located at 147 Dexton King Road Freeport, FL.
What is the asking price?
The asking price for this property is $5,995,000.
What are key features of this property?
This property features: 23.22‑acre waterfront property with 950 linear feet on Alaqua Bayou, suitable for a private estate or neighborhood development.; Includes a **3,240 sq ft metal building/workshop** with power, water, septic, and bathroom, facilitating immediate development.; FAA‑approved helicopter landing pad**, also approved by Eglin AFB, offering unique access and luxury.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message