92 Acres W State Highway 20, Freeport, FL 32439 (MLS# 799555)

$12,500,000

92 Acres W State Highway 20
Freeport, FL 32439
MLS# 799555

From the South and West, looking East across Hwy 20 into the intersection with Ben King Road and Highway frontage on Hwy 20.

1 / 14

New Apartment Complex under construction across Hwy 20 at the corner of Hwy 83-A West.

From Hammock Bay on south side, looking north across Hwy 20 into 92 Acres.

From the East, Hwy 20 Frontage looking West and north

Entrance of Hammock Bay on the south side of the 92 Acres.

From the East, looking west and north across Property

From the East, looking West across the Northern & Eastern side of the Property

From the Northeast looking south and west through the Property

From the West, looking East and South across Property on Ben King Road side.

Property Description
OPPORTUNITY RETURNS! NO FAULT OF SELLER OR LAND! PRIME LOCATION! 92 ACRES for COMMERCIAL, MIXED USE, LT INDUSTRIAL DEVELOPMENT! In Freeport City Limits & directly across Hwy 20 is Hammock Bay entrance. Freeport needs new Comm Dev with the area growing by leaps & bounds. New Apts being built across Hwy 20. Ideal site for Retail, Medical Center, Townhomes, Office/Warehouse, Hotel, Grocery & more. 14 Acres on Hwy 20 has approx.1320 ft & all utilities available - cleared & ready. The north 78 Acres is wooded & has approx. 1500 ft frontage on Ben King Rd. Easy Commute on Hwy 20 to Eglin AFB, Mid-Bay Bridge to Destin & east to Hwy 331 for north/south travel to the Interstate or the Beach! NW Florida International Airport approx. 30 min to the east via Hwy 20 & 79. See the Vision Here & Now!

Details

Documents

Contract Info

GCCMLS Number: 30375816

Listing Board: Emerald Coast

List Date: 2018-05-24

List Price: $12,500,000

Location, Tax and Legal

Sub Area: 2006 - N. of 20 to Hwy 331

Legal Description: Walton County Property ID # 08-1S-19-23000-002-0020 and the approximately 14 acres lying North of State Road 20 being a portion of Property ID # 08-1S-23000-002-0000.

General Property Info

Listed on GCCMLS: Yes

Vacant: Yes

Immediate Occupancy: Yes

Lot Depth: 1500

Zoning: Lt Industrial

Lot Frontage: 1320

Acreage: 92

Listing Info, Tax & Legal

As Is: Yes

Remarks & Misc

Remarks: OPPORTUNITY RETURNS! NO FAULT OF SELLER OR LAND! PRIME LOCATION! 92 ACRES for COMMERCIAL, MIXED USE, LT INDUSTRIAL DEVELOPMENT! In Freeport City Limits & directly across Hwy 20 is Hammock Bay entrance. Freeport needs new Comm Dev with the area growing by leaps & bounds. New Apts being built across Hwy 20. Ideal site for Retail, Medical Center, Townhomes, Office/Warehouse, Hotel, Grocery & more. 14 Acres on Hwy 20 has approx.1320 ft & all utilities available - cleared & ready. The north 78 Acres is wooded & has approx. 1500 ft frontage on Ben King Rd. Easy Commute on Hwy 20 to Eglin AFB, Mid-Bay Bridge to Destin & east to Hwy 331 for north/south travel to the Interstate or the Beach! NW Florida International Airport approx. 30 min to the east via Hwy 20 & 79. See the Vision Here & Now!

Class

Industrial: 1

Land: 1

Construction Status

N/A: 1

Industrial

Property Type: Other (See Notes)

Land

Property Type: Industrial

None

Current Price: $12,500,000

Status Change Info

Status: Active

Location Tax and Legal

Area: 20 - Freeport

Street #: 92 Acres

Street Direction: W

Street Name: State Highway 20

State: FL

Zip Code: 32439

County: Walton

Parcel ID: 08-1S-19-23000-002-0020

Property Features

Class: Industrial; Land

Construction Status: N/A

Listing Office: Palmetto Properties & Realty LLC

Last Updated: March - 22 - 2026

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.