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Mixed-Use Land for Sale in Freeport, Florida

960 W Highway 20, Freeport, FL 32439

$1,325,000
5 acres
Active sale
ago
Est $8,967/mo

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
Zip code
32439
Elevation
49 feet
Coordinates
30.5041, -86.1523

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

Nearby schools

NameType
FreeportElementary
FreeportMiddle
FreeportHigh

Listing history

DateEventPriceChangeSource
July 21, 2026New listing$1,325,000ECARMLS
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This 4.93-acre property is located at 960 W Highway 20 in Freeport, FL 32439. The land is available for sale, priced at $1,325,000 — $268,763 per acre.

Listed by eXp Realty, (904) 238-3304

Checked 2 hours agoUpdated Source

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