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Tbd Hwy 20
Freeport, FL 32439

$4,900,000 - Status: Active
Bed Icon Beds: 0
Bath Icon Baths: 0
MLS Icon MLS# 1004535

Positioned in the heart of Freeport, one of the fastest-growing communities in all of Florida, this expansive 222-acre parcel presents a rare and highly versatile investment opportunity in Walton County. Designated with a Future Land Use: Rural Residential and Zoning: Rural Village, the property offers exceptional flexibility for investors and developers alike. Whether envisioned as a large private estate, phased residential community, or a strategic subdivision and resale opportunity, the possibilities here are both diverse and scalable. The parcel is ideally located just 6 miles from U.S. Route 331, providing convenient access south to the world-renowned beaches of Scenic Highway 30A, which are only 20 minutes away. The property is also located just 20 minutes from Latitude ... Margaritaville and just under 30 minutes from the Panama City Beach Airport. The Airport is currently undergoing a large expansion, positioning it to become a principal port of entry into the area. The new Florida State University affiliate Hospital and Clinics, currently under construction, will also only be an easy 20 minutes drive. This prime positioning places future residents within easy reach of coastal amenities while enjoying the privacy and space of a rural setting. The parcel is the site of the proposed Quail Run residential development, envisioned to include approximately 400 homesites along with two 40,000-square-foot commercial buildings, creating a thoughtfully designed mixed-use community. Surrounded by the continued growth and demand driving Freeport and the greater Emerald Coast region, this property stands as a prime opportunity to capitalize on Northwest Florida's upward trajectory. With substantial acreage, favorable zoning, and subdivision plans already drawn up, this offering is well-positioned for immediate and long-term development success.Contact the Listing Agent for Additional Property Information.

Property Features

MLS#: 1004535
Zip: 32439
Subdivision: Beg At The Se-c Of Sec 23 Thence N Along The E Line Of Said Sec 23 A Dist Of 25 Chains To A Point I
Development: 20 - Freeport
Property Type: Land - Residential
Lot Size: 211.00 acres
Taxes: $17,915

Feature Descriptions

Lot Description: Irregular, Survey Available, Wooded
Lot Dimensions: na/na
Parcel Number: 23-1S-18-14000-001-0010
Road Frontage: State Highway
Road Surface: Paved Road
Sewer: Septic Tank
Sub Type: Vacant Land
Utilities: Electric, Public Water, Tap Fee Due, Other
Wooded: Yes

Local Schools

High School: Freeport
Middle School: Freeport
Elementary School: Freeport

Tbd Hwy 20 | MLS# 1004535

This land located at Tbd Hwy 20, Freeport, FL 32439 is currently listed for sale with an asking price of $4,900,000. The property has approximately 211.00 Acres. Search Freeport real estate on kelli-renata.beachybeach.com today.

Listed By / Shown By

Listed By

Agency Name: Christies International Real Estate Emerald Coast

Shown By

Agent Name: Kelli & Renata
Agent Phone:
Agency Title: Beachy Beach Real Estate

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 06/03/2026. The listing information on this page last changed on 06/03/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 06/03/2026 12:01:22 AM EST) or Emerald Coast MLS (last updated Tue 06/02/2026 11:55:23 PM EST) or Central Panhandle Association of Realtors (last updated Tue 06/02/2026 11:57:17 PM EST). Real estate listings held by brokerage firms other than Beachy Beach Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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