.47 Acres Madison St Freeport, FL 32439
- Commercial real estate
- 0.47 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for .47 Acres Madison St
- Lot size
- 0.47 lot acres
- Property type
- Commercial real estate
Description
This exceptional .47-acre commercial lot in Freeport, Florida, presents a unique investment opportunity. Located on Madison Street, this double lot boasts 99% uplands, as confirmed by existing boundary, topographic, and wetland studies. Public right-of-way access is readily available. The property's R/C (Residential/Commercial) zoning allows for a wide range of development possibilities, including single-family, multi-family, mixed-use, and commercial projects. Detailed zoning information is available upon request. The property offers significant advantages, including proximity to essential amenities. It's just minutes away from a public boat launch, Shipyard Marina, Publix supermarket, and the beautiful Sugar White Sands of the Gulf of Mexico. Public water and sewer are available at the boundary of the adjacent lot, although tap fees have not yet been paid. The absence of a homeowner's association (HOA) provides flexibility and freedom. Ample space is available for boat and RV parking. An adjacent double lot (.41 acres) with an updated mobile home on city water and sewer is also available for purchase separately. This presents a compelling opportunity for investors seeking a versatile property in a rapidly growing area. The property's size and location make it ideal for a variety of commercial or residential ventures.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Freeport
- County
- Walton
- State
- Florida
- Longitude
- -86.1362
- Latitude
- 30.4977
