# 960 W Hwy 20, Freeport, FL 32439 > **TL;DR:** land, $1,325,000. Est. $7,086/mo. Listed 49 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $1,325,000 | | Lot Size | 214,751 sqft (4.93 acres) | | Property Type | Land (Other) | | Status | Active | | Days on Market | 49 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $6,700 | | Estimated Insurance | $386 | | **Total** | **$7,086** | ## Nearby Schools - **Elementary:** Freeport - **Middle:** Freeport - **High:** Freeport ## Property Highlights - 4.93 acre lot ## Description ### Agent Description 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 - **Address:** 960 W Hwy 20, Freeport, FL 32439 - **County:** Walton - **Neighborhood:** NO RECORDED PROJECT - **Coordinates:** 30.504073, -86.152267 - **Google Maps:** https://www.google.com/maps?q=30.504073,-86.152267 ## Listing Agent - **Name:** The Bobby J Team - **Brokerage:** Exp Realty - **Phone:** 8508657798 - **Broker Phone:** (904) 238-3304 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/960-State-Highway-20-W_Freeport_FL_32439_M63318-31292?f=listhub&s=ECARMLSFL&m=1008099&c=propsimple) ## Photos ![960 W Hwy 20 - Photo 1](http://lh.rdcpix.com/e03a3a6a57a48ee49a6e2ea64d6b1290l-f2162952028r.jpg) ![960 W Hwy 20 - Photo 2](http://lh.rdcpix.com/e03a3a6a57a48ee49a6e2ea64d6b1290l-f1639518099r.jpg) ![960 W Hwy 20 - Photo 3](http://lh.rdcpix.com/e03a3a6a57a48ee49a6e2ea64d6b1290l-f435035903r.jpg) --- **MLS#:** 1008099 | **Updated:** 2026-07-20 **Source:** listhub *Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/960-w-hwy-20-freeport-fl-32439-1008099) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/960-w-hwy-20-freeport-fl-32439-1008099#listing", "url": "https://www.propertysimple.ai/listing/960-w-hwy-20-freeport-fl-32439-1008099", "name": "960 W Hwy 20, Freeport, FL 32439", "description": "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. 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