1452 W St Highway 20, FREEPORT

$1,600,000

0 Beds
0 Baths
524,027 Sqft
12.03 Acres
0 Garages

PRICE REDUCTION!!!!! This Residential/Mixed-Use development property is located directly on Hwy 20, the major East/West traffic corridor servicing areas including Freeport, Niceville and Panama City. The best use for this property, with approx. 420' of frontage, is for a Multi-Family project with a Commercial out-parcel in front. This property is right across the street from the Hammock Bay entrance. There is a significant demand increase for affordable housing/apartments in this area. There is also a demand for housing for the service sector residents working in the southern portion of the county where rental prices are high. The site is wooded, level with no wetlands. There is a home on the property that will be delivered ''vacant'' and in the ''As Is'' condition.

Essential Information
MLS® #811415
Price$1,600,000
Square Footage524,027
Acres12.03
TypeLand
Sub-TypeResidential Land
StatusActive
Community Information
Address1452 W St Highway 20
AreaFREEPORT
CityFREEPORT
CountyWALTON
StateFL
Zip Code32439
Utilities

Electric Available, Gas - Natural, Phone Available, Public Sewer Available, Public Water Available, TV Cable Available

Features

Build To Suit, Irregular, Level, Survey Available, Wooded

Lot Description

Build To Suit, Irregular, Level, Survey Available, Wooded

School Information
ElementaryFREEPORT
MiddleFREEPORT
HighFREEPORT
Additional Information
HOA Fees0.00
Zoning

Commercial, Residential Multi-Family, Residential Single Family

Listing Details
OfficeThe Premier Property Group
Property History
Price Reduced from $1,750,000 to $1,600,000
Price Reduced from $1,900,000 to $1,750,000
Price Reduced from $1,950,000 to $1,900,000
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All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2020, All rights reserved.

Listing information last updated on October 31st, 2020 at 12:00am CDT.