
Mixed-Use Land for Sale in Freeport, Florida
960 W Highway 20, Freeport, FL 32439
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.
Location
- Street address
- 960 W Highway 20
- County
- Walton County
- Zip code
- 32439
- Elevation
- 49 feet
Directions
From 331: Go west on Hwy 20 for 2 miles. Property on the right.
Property details
- Acreage
- 4.93 acres
- Zoning
- Commercial, Resid Single
- MLS #
- ECARMLS 1008099
- Posted
Property taxes
- 2025
- $417
Parcels
- 09-1S-19-23000-009-0040
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
Nearby schools
| Name | Type |
|---|---|
| Freeport | Elementary |
| Freeport | Middle |
| Freeport | High |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| July 21, 2026 | New listing | $1,325,000 | — | ECARMLS |