$10,500,000
Freeport, FL 32439
MLS# 713035
Status: Pending
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Property Description
This 34 +/- acre development is located approximately 1.7 miles south of State Hwy 20 on US Hwy 331 South and approximately 3 miles north of the Choctawhatchee Bay from the Clyde B. Wells Bridge. Property currently has plans for development as RV Park with Marina, restaurant and commercial outparcels etc. Agent has engineerring and construction plans available with signed NDA. Potential opportunity for commercial and recreational development with access to the Choctawhatchee Bay along a growing corridor of Walton County with average AADT between 17-18K cars per day. This development consists of 10 parcels. perfectly situated in a HIGH TRAFFIC corridor with potential for marina, recreational use, commercial, etc.
Details
Maps
Contract Info
List Price/Acre: 308823.53
List Type: Exclusive Right of Sale
List Date: 2021-04-14
List Price: $10,500,000
Current Price: $10,500,000
Sub-Type: Land/Acres
Location, Tax & Legal
Sub Area: 1210 - Walton - Freeport
Community/Resort: None
Waterfront: Yes
Directions: From I-10 turn South on Hwy 331 and property is approx. 1.70 +/- miles on the right. From US Hwy 98 S go North on Hwy 331 and property is approx. 11 miles on the left. Turn West onto La Grange Road and then North onto Old Oak Rd to access the property.
HOA Fee: No
Street #: 130
Street Name: Lagrange
Street Suffix: Road
State: FL
Zip Code: 32439
County: Walton
Area: 12 - Walton County
Subdivision: [No Recorded Subdiv]
Parcel ID: 27-1S-19-23000-031-0020
Legal Description: COM AT SW/C OF NE4; N 770FT TO POB, E 210FT, S 37 DEG 25'19''E 238.12FT TO LAGRANGE RD, N 61 DEG 27'40''E ALONG ROW 330FT N 02 DEG 33'43''W 643.93FT TO THE SE/C OF HAZELTON PROPERTY, W 263FT TO THE SW/C OF SAID PARCEL, N 29.08FT, N 82 DEG 55'47''W 220.41FT, S 50FT, S 83 DEG 55'30''W 135.25FT, S 605.80FT TO POB OR 1361-264 OR 1954-334 OR 2577-1888 OR 2618-4964 OR 2705-4548 &-4552 &-4553 &-4556 &-45
General Property Info
Acreage: 34
Lot Size (SqFt): 1481040
Is Subject Leased: No
Remarks & Misc
Remarks: This 34 +/- acre development is located approximately 1.7 miles south of State Hwy 20 on US Hwy 331 South and approximately 3 miles north of the Choctawhatchee Bay from the Clyde B. Wells Bridge. Property currently has plans for development as RV Park with Marina, restaurant and commercial outparcels etc. Agent has engineerring and construction plans available with signed NDA. Potential opportunity for commercial and recreational development with access to the Choctawhatchee Bay along a growing corridor of Walton County with average AADT between 17-18K cars per day. This development consists of 10 parcels. perfectly situated in a HIGH TRAFFIC corridor with potential for marina, recreational use, commercial, etc.
Financing
Cash: 1
Conventional: 1
Utilities
Water Available: 1
Waterfront Type
Bay/Harbor: 1
TransportationAccess
2 - Lane: 1
Divided Highway: 1
Paved: 1
State Road: 1
Status Change Info
Status: Pending
Under Contract Date: 2023-07-14
Property Features
TransportationAccess: 2 - Lane; Divided Highway; Paved; State Road
Financing: Cash; Conventional
Utilities: Water Available
Waterfront Type: Bay/Harbor
Listing Office: RC Real Estate Group
Last Updated: July - 07 - 2025
Information deemed reliable but not guaranteed.