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960 W Hwy 20, Freeport, FL 32439

$1,325,000

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List Price
$1,325,000
Days on Market
7
MLS#
1008099
Status
ACTIVE
Type
Land
Subtype
Unimproved Land
Lot Size
214,750
Neighborhood
S. of 20 to Hwy 331

Property Description

Premier 4.93-Acre Development Opportunity in the Heart of Freeport Rarely does a parcel of this size, character, and zoning become available in one of Freeport's fastest-growing corridors. Encompassing approximately 4.93 acres, this exceptional property is zoned Residential/Neighborhood Commercial (RC), allowing for an extensive range of residential, commercial, office, retail, and mixed-use development opportunities, subject to City approval. Positioned just minutes from the US Highway 331 and Highway 20 intersection, the property sits within the path of Freeport's continued growth, surrounded by expanding residential communities, new commercial development, schools, healthcare, and retail services. Unlike many development sites, this property offers beautiful mature live oak trees, impressive natural elevation, and an exceptionally wide footprint, creating a distinctive canvas for thoughtful development. Existing improvements are located on the property; however, the primary value lies in the land and its outstanding development potential. The RC zoning district is designed to encourage a vibrant blend of residential and neighborhood commercial uses, making this an ideal opportunity for apartments, townhomes, professional offices, retail, restaurants, mixed-use concepts, medical offices, office parks, or other compatible development permitted under the City's land development regulations. Large, well-located parcels with this level of zoning flexibility are becoming increasingly difficult to find in Freeport. Buyer to verify zoning, permitted uses, density, utilities, dimensions, and all development requirements.

Additional Information

Acres
4.93
Elementary School
Freeport
High School
Freeport
Legal Description
COM AT A PT WHERE N BDRY OF SR 20 INTERSECTS E BDRY OF SE4 OF SW4, RUN N 70 DEG 50 MIN 09 SEC W 451.66 FT TO POB, RUN N 19 DEG 09 MIN 51 SEC E 400 FT, RUN N 01 DEG 39 MIN 29 SEC W 326.99 FT, RUN S 89 DEG 28 MIN 36 SEC W 388.88 FT, RUN S 01 DEG 39 MIN 29 SEC E 614.80, RUN S 70 DEG 50 MIN 09 SEC E 263.80 FT TO POB OR 2247-128 ALSO COM WHERE EAST LINE OF SE1/4 OF SW1/4 SEC 9 INTERSECTS NORTH MARGIN S
Middle School
Freeport
Neighborhood
S. of 20 to Hwy 331
Subdivision
No Recorded Project
Zoning
Commercial, Resid Single Family

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Calculator source: Real Geeks

Listing courtesy of EXP Realty LLC.

Vendor Member Number : 28166