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    20 Main St Freeport, FL 32439

    For Sale
    $1,750,000

    58 Acres, Prime Freeport Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 58-acre commercial land parcel presents a unique investment opportunity in Freeport, Florida. Located on State Road 20 (Main Street), this property boasts over 4,000 feet of pristine waterfront on Lafayette Creek. The R2 Medium Density Residential and Conservation zoning allows for diverse development possibilities, capitalizing on the area's rapid growth. Situated less than half a mile from the intersection of SR20 and US Highway 331, the property benefits from excellent access to major transportation routes. Its proximity to the renowned Beaches of South Walton, including Seaside, WaterColor, and Sandestin, further enhances its appeal. The area's expanding economy and increasing demand for housing and services create a strong market for this strategically positioned land. Parcel ID: 15-1S-19-23000-037-0000. The asking price is $1,750,000. This is a rare chance to acquire one of the last remaining undeveloped riverfront parcels in this high-growth area of Walton County, Florida's fastest-growing county. The property's natural setting, combined with its convenient location near community amenities and top-rated schools, makes it an ideal location for residential development. Don't miss this exceptional opportunity.

    Property Features for 20 Main St

    General Information

    Property type
    Land
    Lot Size
    2,526,480 SF

    HighLights

    • Freeport, FL location on State Road 20, a major commercial corridor.
    • Less than 0.5 miles from SR 20 and US Highway 331 intersection.
    • Close proximity to South Walton's high‑end beach communities.
    • Excellent location to benefit from the northward expansion of development in the area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Freeport
    County
    Walton
    State
    Florida
    Longitude
    -86.1617595
    Latitude
    30.5069764

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    FAQs

    What type of property is this?
    Land - 58 Acres, Prime Freeport Location
    Where is this land located?
    The property is located at 20 Main St Freeport, FL.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: Freeport, FL location on State Road 20, a major commercial corridor.; Less than 0.5 miles from SR 20 and US Highway 331 intersection.; Close proximity to South Walton's high-end beach communities.
    (850) 527-3524
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    20 Main St Freeport, FL 32439
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    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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    20 Main St Freeport, FL 32439
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