- 16463 Us-331
- FREEPORT, FL 32439
- 119790 SqFt, 2.75 Acres
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.
Commercial, Residential Multi-Family, Residential Single Family
Property Summary (MLS® #: 811415): Located in FREEPORT at 1452 W St Highway 20 in the 32439 zip code. The property is 12.03 acres in size. At a price of $1,600,000, this listing has been on DavisProp.com for 375 days. The lot is close to FREEPORT Elementary School, FREEPORT Middle School and FREEPORT High School.
|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|
DISCLAIMER: Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2019, All rights reserved.
Listing information last updated on December 6th, 2019 at 7:30am CST.