$2,555,222
Freeport, FL 32439
MLS# 902153
Status: Sold
1 / 6
Property Description
LARGE price drop to assist with diligence material for bringing sewage to the property. Premier Development opportunity with this 41 lot subdivision. Previous approved development order. The project has many amenities currently in place. A large portion of the due diligence has been completed. Sewer lines currently in place throughout the development. Water and power also at the site.. On top of all this most of the lots are HIGH and dry, Perfectly set up for a private high end gated community. The next means of diligence is moving forward with Annexing into the City of Freeport and completion of the new Freeport sewage plant. And finally detereming the best place of when and where to tie into the new sewer line being run down Hwy 331 by the City of Freeport.
Details
Status Change Info
Sold Price/Acre: 113818.35
Status: Sold
Under Contract Date: 2023-06-29
Sold Date: 2023-11-02
Sold Price: $2,555,222
Contract Info
Listing Board: Emerald Coast
List Price/Acre: 142538.98
List Date: 2022-06-17
List Price: $3,200,000
Location, Tax and Legal
Sub Area: 2007 - Bay Grove
Elementary School: Freeport
Middle School: Freeport
High School: Freeport
Legal Description: BEGIN AT THE INTERSECTION OF THE W LINE OF GOV LOT 4 SEC 27 1S-19W AND THE NLY SHORELINE OF MALLET BAYOU THENCE N 00 DEG 13'41W ALONG THE W LINE OF GOV LOT 4 A DIST OF 513.28 FT TO THE POB,N 00 DEG 13'41W OF 362.20FT TO A POINT SOME TIMES CALLED THE SE/C OF SEC 28 THENCE GO N 00 DEG 03'57E A DIST OF 1018.16FT TO A CONCRETE MARKER THENCE GO N 89 DEG 56'32E A DIST OF 1227.32 FT THENCE GO S 42 DEG 06
General Property Info
Sub-Type: Vacant Land
Acreage: 22.45
Listing Info, Tax & Legal
Who Paid Commissions: Seller
Who Paid Doc Stamps: Seller
Who Paid Title: Buyer
Is Subject Leased: No
Assessment Fees: No
New Buyer Fee: No
Last Taxes: 1738.81
Last Tax Year: 2021
Brokerage Interest: No Interest
As Is: Yes
Remarks & Misc
Remarks: LARGE price drop to assist with diligence material for bringing sewage to the property. Premier Development opportunity with this 41 lot subdivision. Previous approved development order. The project has many amenities currently in place. A large portion of the due diligence has been completed. Sewer lines currently in place throughout the development. Water and power also at the site.. On top of all this most of the lots are HIGH and dry, Perfectly set up for a private high end gated community. The next means of diligence is moving forward with Annexing into the City of Freeport and completion of the new Freeport sewage plant. And finally detereming the best place of when and where to tie into the new sewer line being run down Hwy 331 by the City of Freeport.
Waterfront
Pond: 1
Waterfront Feet: 1,200
Waterview
Lake: 1
Lot Access
City Road: 1
County Road: 1
Utilities
Electric: 1
Public Sewer: 1
Public Water: 1
Zoning
Resid Single Family: 1
Financing
Conventional: 1
None
Current Price: $2,555,222
Location Tax and Legal
Street Name: Marnie
Street Suffix: Street
Area: 20 - Freeport
State: FL
Zip Code: 32439
County: Walton
Project Name/Subdivision: Cottages of Bayou Forest
Parcel ID: 27-1S-19-23000-046-0010
Property Features
Lot Access: City Road; County Road
Zoning: Resid Single Family
Waterfront: Pond
Waterview: Lake
Utilities: Electric; Public Sewer; Public Water
Financing: Conventional
Listing Office: Counts Real Estate Group Inc
Last Updated: November - 15 - 2024
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.
