Address
1452 W St Highway 20 Freeport, FL
Price
$ 1,600,000
Property Attributes
  • MLS#811418
  • TypeCommercial
  • CountyWALTON
  • CityFreeport
  • AreaFreeport
  • Zip32439
  • StyleMulti-Family
  • Price$ 1,600,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size12.03 Acres
Listing Provided Courtesy Of:
The Premier Property Group
Property Description

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.

Price History
9/9/2020 Listed $1,600,000

General Features

Area 20 - Freeport
As Is Yes
Land: Property Type Multi-Family
Sub Area 2005 - Bay Loop
Zoning RC for R-3 use

Exterior Features

Acreage 12.03
Lot Dimensions 418' X 1, 216' X 1, 004'
Lot Frontage 418.00
Multi-family: # Of Units 188

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 32439

Price
AVG $1.28M
$1.6M
Visits
AVG 42
35

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