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Commercial Land Near Signalized Intersection
For Sale
$795,000

779 Highway 20, Freeport, FL 32439

Vacant parcel with commercial and multifamily residential zoning near municipal offices, retail, and other established commercial uses.

Property Size43,560 SF
Price / SF$18.25
Days on Market275

Property Features for 779 Highway 20

General Information

Standard status Active
Size 43,560 SF
Property subtype Land / Vacant Land
Zoning Commercial, Resid Multi-Family

Amenities

0.0
Listing Agency: Century 21 AllPoints Realty
Listed By: Jim Ball · License #3253519
Source: Compass
Added: Nov 29, 2025 Changed: Aug 30 Last Checked: Aug 30 at 11:13PM

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 Century 21 AllPoints Realty

Investment Insights

Based on property information with market context.

This vacant commercial land parcel encompasses 43560 square feet, or approximately 1 acre, at 779 Highway 20 in Freeport. The zoning designation is Commercial, Resid Multi-Family, supporting consideration of commercial or multifamily residential land uses subject to buyer verification and applicable approvals.

The property sits across from the Freeport Walton County Municipal complex, which includes the Planning & Building Department and Sheriff's Office. It is also near the signalized intersection of E Highway 20 and Blue Ridge Parkway, with surrounding access to Publix-anchored retail, professional offices, and other commercial uses. Hammock Bay is minutes away, while Scenic Hwy 30A beaches, dining, and shopping are approximately 15 minutes from the parcel.

Key Highlights

  • 43560‑square‑foot vacant parcel, approximately 1 acre
  • Commercial, Resid Multi‑Family zoning designation
  • Addressed at 779 Highway 20, Freeport, FL 32439

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick HVAC Service Dental Office Furniture & Home Goods (Bike/Boat/Book/etc) Store Computer & Electronic Repair Veterinary Clinic

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

183
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?
Commercial land - Vacant parcel with commercial and multifamily residential zoning near municipal offices, retail, and other established commercial uses.
Where is this commercial land located?
The property is located at 779 Highway 20 Freeport, FL.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: 43560‑square‑foot vacant parcel, approximately 1 acre; Commercial, Resid Multi‑Family zoning designation; Addressed at 779 Highway 20, Freeport, FL 32439
More about this property
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