CAN BE SPLIT INTO 5 ACRE PARCELS - This beautiful 40 acres in Freeport has been owned for generations by one local family. The parcels are broken up into 7 individual parcels making up the 40 acres. There is an Old 1930s home still existing on road frontage parcel. Can be subdivided into pre-existing 5 acre parcels according to plat and survey. However, if a builder is interested in premium land in Freeport area up to 80 homes with city utilities can be developed. This land backs up to popular Hammock Bay and close to bay accesses.Bay Loop Drive is located in Freeport, FL, a region of Central/South Walton poised to grow with the recently widened Highway 331 just a few miles away which has brought in new businesses to the area. Many area residents and tourists coming to the beaches of South Walton who are looking for a quieter place away from the busy traffic south of the bay, this location is perfect! Alaqua Bayou, where this property sits is part of Choctawhatchee Bay, which feeds straight to the Gulf of Mexico. The property is convenient to Santa Rosa Beach, Grayton Beach, Blue Mountain Beach, Scenic Highway 30A and the Gulf of Mexico and close to world famous Seaside, Florida - site of the movie "The Truman Show." Only Five miles to the new Publix shopping plaza on 331, 17 miles to Highway 98 (to Destin and Panama City) and six miles on Highway 20 (to Niceville/Eglin Air Force Base). Twenty-one miles to I10 and DeFuniak Springs. Excellent high performing schools and city utilities help to make this an extremely valuable property.
Public Sewer Available, Public Water Available
Agriculture, Horses Allowed, Residential Single Family, Unrestricted
|Price Reduced from $1,000,000 to $999,999|
|Price Reduced from $1,250,000 to $1,000,000|
|Price Reduced from $1,395,000 to $1,250,000|
30a Local Properties.
DISCLAIMER: Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2019, All rights reserved.
Listing information last updated on October 21st, 2019 at 1:30pm CDT.