- 5440 Hemlock Dr
- FREEPORT, FL 32439
- 962676 SqFt, 22.1 Acres
OWNER FINANCING AVAILABLE!!!There are 7 parcels making up 40 acres. Old 1930s home still exists on road frontage parcel. Can be subdivided into pre-existing 5 acre parcels according to plat and survey. Family owns 7 parcels separately and is willing to sell all or portion of property. Make an offer for this great land located next to developing Hammock Bay.Owner financing would require 20% down, 8% interest, amortization based on 15 years, with 3 year balloon payoff payment.Bay Loop Drive is located in Freeport, FL, a region of Central/South Walton poised to grow with the recently widened Highway 331 just a few miles away which has brought in new businesses to the area. Many area residents and tourists coming to the beaches of South Walton who are looking for a quieter place away from the busy traffic south of the bay, this location is perfect! Alaqua Bayou, where this property sits is part of Choctawhatchee Bay, which feeds straight to the Gulf of Mexico. The Waterfront property is convenient to Santa Rosa Beach, Grayton Beach, Blue Mountain Beach, Scenic Highway 30A and the Gulf of Mexico and close to world famous Seaside, Florida - site of the movie "The Truman Show." Only Five miles to the new Publix shopping plaza on 331, 17 miles to Highway 98 (to Destin and Panama City) and six miles on Highway 20 (to Niceville/Eglin Air Force Base). Twenty-one miles to I10 and DeFuniak Springs. Excellent high performing schools and city utilities help to make this an extremely valuable property.
Public Sewer Available, Public Water Available
Agriculture, Horses Allowed, Residential Single Family, Unrestricted
Property Summary (MLS® #: 773734): Located in FREEPORT at 1811 County Highway 83a in the 32439 zip code. The property is 40.00 acres in size. At a price of $1,395,000, this listing has been on DavisProp.com for 277 days. The lot is close to FREEPORT Elementary School, FREEPORT Middle School and FREEPORT High School.
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Listing information last updated on January 20th, 2018 at 11:00am CST.