20 Main St Freeport, FL 32439
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.