TBD Hwy 20 Road, Freeport, FL 32439
Local realty services provided by:CENTURY 21 First Story Real Estate
TBD Hwy 20 Road,Freeport, FL 32439
$4,900,000
- 222 Acres
- Lots / Land
- Active
Listed by: amin delawalla
Office: christies international real estate emerald coast
MLS#:791316
Source:FL_BCMLS
Price summary
- Price:$4,900,000
About this home
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 an agent
Home facts
- Listing ID #:791316
- Added:45 day(s) ago
- Updated:July 29, 2026 at 02:42 PM
Structure and exterior
- Lot area:222 Acres
Schools
- High school:Freeport
- Middle school:Freeport
- Elementary school:Freeport
Utilities
- Sewer:Septic Needed
Finances and disclosures
- Price:$4,900,000
New listings near TBD Hwy 20 Road
- New
$379,999Active4 beds 2 baths2,018 sq. ft.371 Lightning Bug Lane, Freeport, FL 32439
MLS# 1008717Listed by: BASTION REALTY LLC - New
$84,900Active0.64 AcresLot 9 Old Oak Road, Freeport, FL 32439
MLS# 1008698Listed by: SOUTHERN BEACH REALTY LLC - New
$1,000,000Active9.11 Acres331 N Business, Freeport, FL 32439
MLS# 1008702Listed by: BRANNON REAL ESTATE SERVICES - New
$84,900Active0.64 AcresLot 10 Old Oak Road, Freeport, FL 32439
MLS# 1008691Listed by: SOUTHERN BEACH REALTY LLC - New
$750,000Active3 beds 2 baths1,810 sq. ft.14034 N 331 Business, Freeport, FL 32439
MLS# 1008695Listed by: BRANNON REAL ESTATE SERVICES - New
$399,999Active3 beds 2 baths1,915 sq. ft.88 N Marsh Landing, Freeport, FL 32439
MLS# 1008687Listed by: COASTAL PREMIER PROPERTIES NWFL LLC - New
$777,000Active4 beds 4 baths2,505 sq. ft.71 Clarke Hill Road, Freeport, FL 32439
MLS# 1008648Listed by: 30A LOCAL REAL ESTATE - New
$300,000Active0.74 AcresLot 6 Bay Grove Road, Freeport, FL 32439
MLS# 1008652Listed by: EXP REALTY LLC - New
$667,850Active4 beds 3 baths2,223 sq. ft.40 E Captain Fritz Way, Freeport, FL 32439
MLS# 1008625Listed by: DSLD HOMES FLORIDA LLC - New
$54,900Active0.58 AcresTBD Whip Poor Will Lane, Freeport, FL 32439
MLS# 1008576Listed by: BASTION REALTY LLC