Multi-Family Development
For Sale
$2,000,000
941 State Highway 20 W, Freeport, FL 32439
32-acre tract positioned just east of the Hammock Bay community, suited for multifamily residential development or long-term investment.
Property SizeContact for details
Lot Size32.00 Acres
Days on Market230
Property Features for 941 State Highway 20 W
General Information
Standard status
Active
Lot size
32.00 Acres
Listing Agency:
NAI TALCOR
(850) 249-2879
Listed By:
Anderson J Brooks · License ##SL3610747
(850) 890-2384
Source:
Exprealty
Added: Jan 15
Changed: Aug 31
Last Checked: Sep 1 at 9:50PM
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 NAI TALCOR
Investment Insights
Based on property information with market context.
This offering is a 32-acre land tract positioned just east of the Hammock Bay community in Freeport, Florida. The property is being marketed as a site suitable for multifamily residential development, as well as for long-term investment.
The public remarks describe the area as having proximity to top-rated schools, emerging commercial centers, and scenic coastal amenities, with growth trends attributed to Walton County. The tract is also presented in the context of a broader Phillips Portfolio, which includes a range of residential, commercial, and industrial assets, including current income-producing properties, in-process development parcels, and greenfield land opportunities.
For buyers seeking land for phased planning or development timing, this parcel offers a single large land holding within the described Northwest Florida growth corridor.
The public remarks describe the area as having proximity to top-rated schools, emerging commercial centers, and scenic coastal amenities, with growth trends attributed to Walton County. The tract is also presented in the context of a broader Phillips Portfolio, which includes a range of residential, commercial, and industrial assets, including current income-producing properties, in-process development parcels, and greenfield land opportunities.
For buyers seeking land for phased planning or development timing, this parcel offers a single large land holding within the described Northwest Florida growth corridor.
Key Highlights
- 32‑acre tract just east of the Hammock Bay community in Freeport, Florida
- Suited for multifamily residential development or long‑term investment
- Part of the Phillips Portfolio inventory of 43 assets across Northwest Florida
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
38
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 32-acre tract positioned just east of the Hammock Bay community, suited for multifamily residential development or long-term investment.
Where is this residential land & home lot located?
The property is located at 941 State Highway 20 W Freeport, FL.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 32‑acre tract just east of the Hammock Bay community in Freeport, Florida; Suited for multifamily residential development or long‑term investment; Part of the Phillips Portfolio inventory of 43 assets across Northwest Florida
