$2,000,000
Freeport, FL 32439
MLS# 783720
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Property Description
Positioned just east of the highly sought-after Hammock Bay community in Freeport, Florida, this 32-acre tract offers a prime opportunity for multifamily residential development or long-term investment. With proximity to top-rated schools, emerging commercial centers, and scenic coastal amenities, the property benefits from strong growth trends in Walton County. Its location near one of the region's most successful master-planned communities makes it an ideal site for future residential expansion, estate homes, or a strategically phased development project. The Phillips Portfolio represents a once-in-a-generation opportunity to invest in one of America's most dynamic growth markets. The Portfolio has been strategically assembled to include an inventory of 43 high-value assets. These assets span across Northwest Florida and include residential, commercial, and industrial assets. Structured with current income-producing, in-process development parcels and greenfield land opportunities. The Phillips Portfolio offers above-market return opportunities across the immediate, medium, and long-term investment horizons. Inquire with Listing Agents for full portfolio information.
Details
Maps
Location
Sub Area: 1210 - Walton - Freeport
Community/Resort: None
Waterfront: No
Directions: Traveling on US Highway 331, turn West on Highway 20. The Subject Property is 2 miles down Highway 20 on the South side of the road.
Area: 12 - Walton County
Street #: 941
Street Direction: W
Street Name: Florida 20
Street Suffix: Highway
State: FL
Zip Code: 32439
County: Walton
Subdivision: [No Recorded Subdiv]
Parcel ID: 09-1S-19-23000-009-0000
Legal Description: Walton Co Parcel IDs: 09-1S-19-23000-009-0000, 09-1S-19-23000-009-0070, 09-1S-19-23000-009-0080, 16-1S-19-23000-008-0050, 16-1S-19-23000-008-0051
General Property Info
List Class: Lots/Land
Acreage: 32
Construction Status: To Be Built
SqFt Tot Bldg: 0
Listing Info, Tax and Legal
HOA Fee: No
Remarks & Misc
Remarks: Positioned just east of the highly sought-after Hammock Bay community in Freeport, Florida, this 32-acre tract offers a prime opportunity
for multifamily residential development or long-term investment. With proximity to top-rated schools, emerging commercial centers, and scenic coastal amenities, the property benefits from strong growth trends in Walton County. Its location near one of the region's most successful master-planned communities makes it an ideal site for future residential expansion, estate homes, or a strategically phased development project.
The Phillips Portfolio represents a once-in-a-generation opportunity to invest in one of America's most dynamic growth markets. The Portfolio has been strategically assembled to include an inventory of 43 high-value assets. These assets span across Northwest Florida and include residential, commercial, and industrial assets. Structured with current income-producing, in-process development parcels and greenfield land opportunities. The Phillips Portfolio offers above-market return opportunities across the immediate, medium, and long-term investment horizons. Inquire with Listing Agents for full portfolio information.
Floors in Unit/Home
One: 1
Contract Info
List Date: 2026-01-15
List Price: $2,000,000
Current Price: $2,000,000
Sub-Type: Land
Status Change Info
Status: Active
Property Features
Listing Office: NAI TALCOR
Last Updated: January - 15 - 2026
Information deemed reliable but not guaranteed.