An exceptional waterfront parcel at the southern end of Freeport, offering substantial frontage, usable acreage, and distinctive boating potential. This approximately .76-acre parcel features an impressive 262 feet of waterfront and RC - Residential/Neighborhood Commercial zoning, creating possibilities for a private waterfront homesite, builder project, investment property or neighborhood-scale commercial use, subject to applicable approvals. This is Lot 1 of the former 193 Ramsey Branch Road parent parcel and is the largest of the three available lots. A distinctive feature of Lot 1 is the old boat ramp located along the western end of the property, offering a unique opportunity for potential incorporation into a future waterfront plan, subject to permitting and approvals. The property provides convenient access to the US 331 corridor, Choctawhatchee Bay and the beaches, dining and amenities of South Walton. Boating access adds another dimension, with approximately 3-5 feet of water depth and navigable access beneath the US 331 bridge, which has approximately 7 feet of vertical clearance. Dock improvements may also be possible subject to applicable permitting and approvals. For builders, developers and investors, the opportunity extends well beyond this individual parcel. Two adjoining waterfront lots are also available, allowing a purchaser to assemble approximately 1.77 acres with approximately 463 feet of combined waterfront. The adjoining Lot 2 contains approximately .44 acres and 90 feet of waterfront, while Lot 3 contains approximately .57 acres and 111 feet of waterfront. With all three parcels sharing RC zoning, the combined site may offer opportunities for a larger residential project or neighborhood-commercial concept, potentially including waterfront dining, hospitality or other water-oriented uses, subject to zoning, parking, access, utilities, environmental requirements and all applicable governmental approvals. Purchase Lot 1 independently or explore the opportunity to assemble all three adjoining waterfront parcels. An increasingly hard-to-find combination of waterfront, usable acreage, boating access and flexible zoning near South Walton.