772 SR-20, Freeport, FL 32439 (MLS# 899497)

772 SR-20, Freeport, FL 32439

$475,000

Property Type: Commercial for Sale Lot Size (sq. ft.): 40,075 Status: Active

Current Price: $475,000 List Date: 5/26/2022 Last Modified: 11/23/2025

Description

Prime Locations!! 2-Story Plaza Design comprised of 9,600 sq ft to be constructed with 12-Condo Units. Development Order (DO) In Hand - Ready to GO Vertical in Prime Locationl!! Including the DO, the seller is also providing in the sales price (i) Site Plan, (ii) Bldg Permit, (iii) Engineering, (iv)Project Plans, and (v) Clearing and Foundation for Bldg Pad. Located within a mile of Freeport's largest (3,000-acre) bay front master-planned residential community known as Hammock Bay. This is just one of the many communities within Freeport. Freeport needs multitude of businesses to support one of the Fastest Growing cities in Walton County.

Supplements: These premium 12 units make for great medical offices, lawyers offices, veterinarian clinics, clothing store, coffee shop or health foods, and more. Freeport is a wonderful community with rapid growth and this asset is directly in the path of the growth trend located on Major Highway 20 stretching between Freeport and Niceville Florida. This amazing property is entitled with rights to construct improvements as depicted within the listing.

More Information MLS# 899497

Contract Info

GCCMLS Number: 30803690 Listing Board: Emerald Coast List Date: 2022-05-26 List Price: $475,000

Location, Tax and Legal

Sub Area: 2006 - N. of 20 to Hwy 331 Property Name: 4858 Plaza Legal Description: COM NW/C OF SW4 OF SE4 S 00 DEG 24'20 E 451.18 FT, S 69 DEG 33'11 E 428.04 FT TO POB, CONT S 69 DEG 33'11 E 107.01 FT, S 00 DEG 24'20 E 400 FT TO N R/W SR 20, N 69 DEG 33'11 W 107.01 FT, N 00 DEG 24'20 W 400 FT TO POB OR 2388-214 OR 2597-1955 OR 3183-3506

General Property Info

Listed on GCCMLS: Yes Vacant: Yes Lot SqFt: 40075 Immediate Occupancy: No Lot Depth: 400 Zoning: Municipal Lot Frontage: 107 Acreage: 0.92

Listing Info, Tax & Legal

As Is: No

Remarks & Misc

Remarks: Prime Locations!! 2-Story Plaza Design comprised of 9,600 sq ft to be constructed with 12-Condo Units. Development Order (DO) In Hand - Ready to GO Vertical in Prime Locationl!! Including the DO, the seller is also providing in the sales price (i) Site Plan, (ii) Bldg Permit, (iii) Engineering, (iv)Project Plans, and (v) Clearing and Foundation for Bldg Pad. Located within a mile of Freeport's largest (3,000-acre) bay front master-planned residential community known as Hammock Bay. This is just one of the many communities within Freeport. Freeport needs multitude of businesses to support one of the Fastest Growing cities in Walton County.

Class

Business Only: 1 Income Producing: 1 Office: 1 Retail: 1

Construction Status

Proposed: 1

Office

Property Type: Medical # of Units: 12

Lot Features

Coastal Barrier Zone: No

Business Only

Real Estate Option: Real Estate Conveys

Retail

Property Type: Strip Center # of Units: 12

Income Producing

Property Type: Office

None

Current Price: $475,000

Status Change Info

Status: Active

Location Tax and Legal

Area: 20 - Freeport Street #: 772 Street Name: SR-20 State: FL Zip Code: 32439 County: Walton Parcel ID: 09-1S-19-23000-003-0050

Property Features

Class: Business Only; Income Producing; Office; Retail Construction Status: Proposed

Listing Office: Coldwell Banker Realty

Last Updated: November - 23 - 2025

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.

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