830 Four Mile Road
Freeport, FL 32439
$2,685,000
Active
Description
Exceptional residential development opportunity in the rapidly expanding Freeport market. This ±32.23-acre assemblage consists of six contiguous parcels strategically positioned just south of Highway 20 with access from Tucker Town Road and convenient connectivity to Highway 83A and the greater Walton County growth corridor.
The property offers significant potential for a townhome or build-to-rent residential community, with conceptual density projections supporting approximately 135 to 200+ units, subject to engineering, rezoning, and governmental approvals. The site's scale and configuration provide flexibility for clustered residential planning, internal road networks, stormwater design, preserved natural areas, and community amenities.
Freeport continues to experience strong residential growth driven by the expansion of South Walton and the Emerald Coast workforce housing market. Demand for attainable attached residential product remains high as buyers and renters seek convenient access to Santa Rosa Beach, Destin, and the Highway 98 corridor while benefiting from Freeport's continued infrastructure and commercial growth.
This offering presents a rare opportunity for developers, builders, and build-to-rent operators to secure a large-scale residential land position within one of Northwest Florida's fastest-growing submarkets. Buyer to verify all information, dimensions, density, utilities, and development feasibility. Buyer to verify data for its own use.
Listing details MLS# 1004690
Location, Tax and Legal
- Area
- 20 - Freeport
- Sub area
- 2005 - S. of 20 to Hwy 331
- Subdivision
- N/A
- County
- Walton
- Parcel ID
- 16-1S-19-23000-001-0009
- Tax year
- 2025
- Annual tax
- 1338.38
- Legal description
- COM WHERE W BDRY OF NE1/4 OF NE1/4 INTERSECTS S BDRY OF RD 20, RUN S 1585.88 FT TO BEG, RUN S 414.46 FT, RUN E 1137.18 FT, RUN N 170.34 FT, RUN E 210 FT, RUN N 244.12 FT, RUN W 1347.18 FT TO POB OR 55-82 LESS & EXCEPT: COM SE/C OF SW4 OF NE4 OF SEC 16, N 02 DEG 03'04'' E 459.66 FT TO POB, N 02 DEG 03'04'' E 190.03 FT TO CTRLINE 35.06 FT, N 81 DEG 48' 41'' E ALONG CTRLINE 36.33 FT TO CTR OF FOUR MI
- Zoning
- City, Commercial, Resid Multi-Family
General Property Info
- Property type
- Land
- Acreage
- 32.23
- Lot size (sq ft)
- 1403938.8
- Lot dimensions
- 1342x1225
Exterior and Site
- View
- Stream
- Road surface
- Paved Road
- Road frontage
- County Road
Utilities
- Utilities
- Community Water, Electric
- Sewer
- Community Sewer
Schools
- Elementary
- Freeport
- Middle school
- Freeport
- High school
- Freeport
Remarks and Misc
- Special conditions
- Accept Backup Offers
- Directions
- Travel west on Hwy 20 from 331, turn on County Hwy 83AE, turn west on 4 Mile Road to Tucker Town and turn north, Property is on the west.