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Harrison Lilly

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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960 W Hwy 20 , Freeport, FL 32439
$1,325,000
Est. Payment: $6,720.15/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 31
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House Description

Premier 4.93-Acre Development Opportunity in the Heart of Freeport Rarely does a parcel of this size, character, and zoning become available in one of Freeport's fastest-growing corridors. Encompassing approximately 4.93 acres, this exceptional property is zoned Residential/Neighborhood Commercial (RC), allowing for an extensive range of residential, commercial, office, retail, and mixed-use development opportunities, subject to City approval. Positioned just minutes from the US Highway 331 and Highway 20 intersection, the property sits within the path of Freeport's continued growth, surrounded by expanding residential communities, new commercial development, schools, healthcare, and retail services. Unlike many development sites, this property offers beautiful mature live oak trees, impressive natural elevation, and an exceptionally wide footprint, creating a distinctive canvas for thoughtful development. Existing improvements are located on the property; however, the primary value lies in the land and its outstanding development potential. The RC zoning district is designed to encourage a vibrant blend of residential and neighborhood commercial uses, making this an ideal opportunity for apartments, townhomes, professional offices, retail, restaurants, mixed-use concepts, medical offices, office parks, or other compatible development permitted under the City's land development regulations. Large, well-located parcels with this level of zoning flexibility are becoming increasingly difficult to find in Freeport. Buyer to verify zoning, permitted uses, density, utilities, dimensions, and all development requirements.

Highlights

Listed by The Bobby J Team , 850-865-7798 EXP Realty LLC , 850-213-4091. Emerald Coast Multiple Listing Services

Property Type

Vacant Land

Lot/Acreage
4.93

County

Walton

Area

20 - Freeport

Neighborhood

No Recorded Project

Listing ID

1008099

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Lot Dimensions:238x600x339x320x397
Zoning:Commercial, Resid Single Family
Principal Interest
$6,720
Taxes
$35

Home Price

$1,325,000

Loan Details

30 yrs
6.529%

Down Payment

20%
$265,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,720.15

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,720.15 $34.72 $0.00 $6,754.87
Yearly $80,641.80 $416.68 $0.00 $81,058.48
Total $2,419,254.00 $12,500.40 $0.00 $2,431,754.40

Today's Rates

30 Year

6.53%

20 Year

6.33%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Freeport, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Emerald Coast Multiple Listing Services, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-20T07:16:22.000Z

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