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$1,699,000
2 Beds 2 Baths 1011713 MLS
Beautiful 2-Acre Property with Expansion Potential in Freeport Discover the peace and privacy of this beautiful 2-acre property in the growing area of Freeport, located on Red Barn Road and zoned Rural Village. Surrounded by mature trees and a serene natural setting, this property offers the space and flexibility to create the lifestyle you've been looking for. The property has been transformed into a 2-bedroom, 2-bath home, with approved plans and development already in place to expand the living space and connect the home to the existing garage. Whether you're looking for a comfortable home now or envisioning additional space in the future, the possibilities are already underway. Adding even more value, the 2-acre lot can potentially be divided into two separate parcels, providing additional flexibility for future development, investment, or family use. Enjoy the tranquility of a spacious wooded setting while being positioned in one of Freeport's growing areas. Opportunities like this--combining acreage, zoning flexibility, existing improvements, and future potential--are hard to find. Call today to schedule your private showing and explore everything this unique property has to offer. Don't let this opportunity get away!

362 Red Barn Rd, Freeport

$649,000
6 Beds 8 Baths 1010280 MLS
Turnkey Freeport duplex with both units currently leased, strong rental history, and a potentially assumable VA loan at 5.99%, subject to lender approval and buyer qualification. 182 Madison Street includes Units A and B together on one parcel, offering two mirrored townhome-style residences in a convenient Freeport location. Built in 2023, each unit features 3 bedrooms, 2.5 baths, an open-concept living and kitchen area, kitchen island, stainless-steel appliances, LVP flooring, generous storage, and an attached one-car garage. Both sides are currently occupied by long-term tenants, and the property has historically stayed rented with cash pay long term tenants. Rent rolls are available to qualified buyers. This is an excellent opportunity for an investor seeking a newer, income-producing property with established tenancy and the flexibility of two separate residences under one ownership. Photos shown are of Unit B; Unit A is substantially identical in finishes and layout, but mirrored. Property may also offer potential for short-term or furnished rental use. Positioned in an area poised for additional growth, with a potential 27-unit development directly behind the property--an investment that could further strengthen the surrounding area and support future property values. 182 Madison Street presents a unique opportunity to acquire both sides of a newer duplex together as one investment property. Units A and B feature mirrored floor plans and are currently operated as long-term rentals, providing immediate income without the need to locate tenants after closing. Each residence offers three bedrooms, two and one-half bathrooms, an attached one-car garage, and a modern open-concept layout designed for comfortable everyday living. Interior features include luxury vinyl plank flooring, stainless-steel appliances, kitchen islands, ample cabinetry and storage, and spacious living areas. The property has demonstrated strong rental performance, with historical gross rental income reaching approximately $60,000 annually. Both units are currently leased, and rent rolls and additional rental information are available for review by qualified buyers. An additional potential benefit is the existing VA loan carrying a 5.99% interest rate, which may be assumable by a qualified buyer subject to approval by the lender/loan servicer and applicable VA requirements. Buyers should independently verify assumption eligibility, remaining loan balance, required equity or cash contribution, and all financing terms. Located in Freeport with convenient access to Highway 20, schools, shopping, dining, and South Walton, the property is positioned in one of Walton County's growing residential areas while remaining within convenient reach of the beaches and communities along the Emerald Coast. Property is being sold as a single duplex consisting of Units A and B on one parcel. Photos shown are primarily of Unit B. Unit A is substantially identical in design and finishes but features a mirrored floor plan. Tenant occupancy should be considered when scheduling showings.

182 Madison St Unit A & B, Freeport

$649,900
3 Beds 2 Baths 1005028 MLS
Development opportunities with this combination of acreage, zoning, frontage, and location are becoming increasingly difficult to find in the rapidly expanding City of Freeport. Positioned directly in front of the new Bourbon Street Townhouse Development Project, this 2.06-acre High Density Residential (R-3) property presents an exceptional opportunity for investors, builders, developers, and entrepreneurs seeking to capitalize on one of the area's fastest growing corridors. Featuring approximately 302 feet of paved frontage along Business 331, this property offers both visibility and accessibility while providing substantial future development potential. Zoned High Density Residential (R-3), allowable density provides for up to eight single-family dwelling units per acre or up to fourteen duplex, triplex, quadruplex, or townhouse dwelling units per acre, creating multiple paths for future development and income-producing opportunities. Currently situated on the property is an approximately 1,884 square foot residence offering 3 bedrooms, 2 bathrooms, existing utilities, spacious living areas, abundant natural light, and functional space that allows immediate occupancy, rental income potential, office space, or interim use while development plans take shape. The property additionally features a detached building with substantial storage area, garage space, and carport coverage while the unrestricted acreage allows flexibility rarely found within city limits. Park boats, RVs, equipment, work vehicles, or construct additional improvements without HOA restrictions. Strategically located within Freeport city limits and less than two miles from all three Freeport schools, this central location provides convenient access throughout Walton County while remaining approximately 12 miles from the Emerald Coast beaches. Destin, Niceville, DeFuniak Springs, shopping, dining, boating, charter fishing, Crab Island, and entertainment destinations remain within easy reach. Property highlights include: *2.06 acres within Freeport city limits *Approximately 302 feet of paved frontage on Business 331 *Zoned High Density Residential (R-3) *Existing utilities already in place *Flood Zone X *No wetlands per Walton County GIS mapping *Detached storage building, garage, and carport *No HOA restrictions *Directly adjacent to an active area of residential growth and development Whether your objective is redevelopment, residential density opportunities, income-producing investment, land banking, business use, or long-term appreciation potential, this property offers flexibility and scale rarely available within the growing Freeport market. Buyer to verify all information deemed important including zoning, density allowances, land use, dimensions, utilities, development potential, and future use possibilities.

14162 331 Business Hwy, Freeport

$2,685,000
1004690 MLS
Exceptional residential development opportunity in the rapidly expanding Freeport market. This ±32.23-acre assemblage consists of six contiguous parcels strategically positioned just south of Highway 20 with access from Tucker Town Road and convenient connectivity to Highway 83A and the greater Walton County growth corridor. The property offers significant potential for a townhome or build-to-rent residential community, with conceptual density projections supporting approximately 135 to 200+ units, subject to engineering, rezoning, and governmental approvals. The site's scale and configuration provide flexibility for clustered residential planning, internal road networks, stormwater design, preserved natural areas, and community amenities. Freeport continues to experience strong residential growth driven by the expansion of South Walton and the Emerald Coast workforce housing market. Demand for attainable attached residential product remains high as buyers and renters seek convenient access to Santa Rosa Beach, Destin, and the Highway 98 corridor while benefiting from Freeport's continued infrastructure and commercial growth. This offering presents a rare opportunity for developers, builders, and build-to-rent operators to secure a large-scale residential land position within one of Northwest Florida's fastest-growing submarkets. Buyer to verify all information, dimensions, density, utilities, and development feasibility. Buyer to verify data for its own use. All information is believed to be accurate but is not guaranteed. Prospective buyers are responsible for independently verifying all information and determining the property's suitability for their intended use. All final terms are subject to negotiation and shall be set forth in a fully executed sales agreement between the parties.

830 Four Mile Rd, Freeport

$1,495,000
5 Beds 5 Baths 1004433 MLS
Some properties are built. Others are discovered. Hidden beneath the sweeping canopy of century-old live oaks where sunlight filters through draping branches and water views peek through the trees, this extraordinary 1.34-acre waterfront estate offers an experience that feels increasingly impossible to find along the Emerald Coast. Spanning nearly 6,000 square feet across three levels, this impressive brick residence combines scale, flexibility, and waterfront living in a way few properties can. Offering five bedrooms, four-and-a-half bathrooms, elevator access to all levels, hardwood flooring throughout, and private en-suites for every bedroom, this home was designed for buyers who need more than space--they need options. The thoughtful floor plan creates exceptional opportunities for multi-generational living, large households, guest accommodations, or those seeking a property capable of adapting alongside changing needs. Whether housing multiple generations under one roof or creating separate spaces for long-term guests, the layout provides both connection and privacy. At the center of the home, the gourmet kitchen opens into expansive gathering spaces designed for entertaining on every scale. Multiple screened porches create natural extensions of the living spaces, offering peaceful mornings beneath the oaks, sunset dinners overlooking the water, and spaces large enough to host celebrations, holidays, and unforgettable gatherings. The second level creates one of the home's most remarkable living spaces with walls of windows stretching across the home, flooding interiors with natural light while showcasing stunning basin bayou views that shift beautifully throughout the day. Storage, recreation, and flexibility were clearly part of the vision behind this property. The third floor is finished and a blank canvas that could be used for 2000 sqft of storage or creative options that fit your vision. Two oversized drive-through bay garages create extraordinary opportunities for RV storage, boats, workshops, recreational vehicles, watercraft, or collections that require more than traditional garage space can offer. Outside, the possibilities expand even further. Launch a kayak or paddleboard directly from your property and explore the waterways leading toward the bay. Spend the day fishing in the lake or head toward the bay by way of the low bridge near the locals' favorite, Nick's Seafood Restaurant. Bring the boat, the RV, the jet skis, and all the water toys because this property offers one luxury that has become increasingly rare--freedom. No HOA. No restrictive covenants. Located along Highway 20 with convenient access to Destin, marinas, dining, shopping, and the white sand beaches of the Emerald Coast, this property offers the rare combination of waterfront privacy while remaining connected to everything that makes coastal living desirable. Luxury homes exist, Waterfront homes exist, Large homes exist. However, properties that combine all three with acreage, unrestricted use, multi-generational functionality, income potential, and a setting this remarkable are extraordinarily uncommon. There is simply not another property like this. Waterfront living without compromise. Unlimited potential with room to create whatever comes next. Call for your private tour today.

7348 W St Hwy 20, Freeport

$849,000
4 Beds 2 Baths 1004225 MLS
Prime Investment Opportunity! Discover a rare and versatile investment property in the heart of Freeport, Florida! This unique offering features a beautifully updated 4 bedroom, 2 bathroom home paired with exceptional income generating potential. The main residence boasts modern updates, comfortable living spaces, and a fully fenced backyard, perfect for privacy and outdoor enjoyment. Beyond the home, the property truly shines with its rear access and flexible mixed use potential. Currently utilized for food truck operations and complemented by a 2-bay warehouse space, this setup creates multiple streams of revenue. All units are currently leased, producing an impressive $9,500 per month in combined rental income, making this a turnkey opportunity for investors seeking immediate cash flow. Strategically located adjacent to Highway 331 South, the property offers high visibility and easy access, while still being just a short 15-minute drive to the white sand beaches of South Walton. Enjoy proximity to the renowned shopping, dining, art, and entertainment along scenic Highway 30A. Whether you're looking to expand your investment portfolio or secure a mixed-use property in a rapidly growing area, this one checks all the boxes. HVAC replaced, new washer/dryer, new grinder pump.

30 Lowery Rd, Freeport

$158,500
1004139 MLS
or add 2 more acres for an additional 50k. Just N of the golf course but no HOA and a new stree is coming in that will connect directly to Hwy 20 13 minutes to Freeport Space. Freedom Shoot your gun... have a goat. Play your harmonica and build a avalanche of water from your well so you can shower outside. whatever you want to do. You're in the c ou n ty. You are welcome. Build your dream home on this beautiful 2-acre or 4 acre parcel located on Veterans Lane in Freeport, Florida. Offering a peaceful setting with plenty of space and privacy, this vacant residential property provides the perfect opportunity to create a private estate, weekend retreat, or future investment. Surrounded by the natural beauty of Walton County, the property offers a quiet atmosphere while still being conveniently located near Freeport, the beaches of South Walton, shopping, dining, and outdoor recreation. With approximately 2 acres of land, there is ample room for a custom home, workshop, outdoor living space, or additional improvements. Whether you're looking to build now or hold for future value, this property offers flexibility and potential in one of Northwest Florida's growing areas. other two acres can be purchased as well for a total of four acres for 199k Buyer to verify all information, zoning, land use, utilities, and building requirements. I am a licensed realtor and i have some owner financing deals in Walton and Bay county Edmond 850.960.2575

0000 Veterans, Freeport

$468,500
6 Beds 8 Baths 1004140 MLS
Freeport 3 acres -6200 sq feet fixer upper That's a steal at only 75 dollars/ft and fixed up 150/ft minimum... No Hoa Shoot your gun Shower Naked outside Play Your Harmonica Make a fire Have a goat or 100 goats You're in the county You are welcome. This is tucked away on a quiet cul-de-sac with the rare opportunity to purchase approximately 3, 5, or up to 7 acres. This unique property offers endless potential for a private estate, multi-generational living, investment opportunity, or future renovation project. The home is comfortable and needs details and updating,,, customization. Approximately 5,500 sq ft of the main living area is serviced by central heat and air and features a spacious floor plan ideal for a large or extended family. An additional upstairs mother-in-law suite includes a private entrance and its own private library, creating excellent flexibility for guests, rental income, or independent living arrangements. A golf course community 1/2 mile south . Despite the growth nearby, this property maintains the privacy and freedom of county living no HOA Bring your vision and make this hidden gem your own. Properties with this much land, square footage, flexibility, and future potential are increasingly hard to find. Property is occupied and shown by appointment only. Seller is related to the listing agent

46 Veterans Ln, Freeport

$395,000
1003610 MLS
Discover the perfect canvas for your coastal dream home on this exceptional canal front lot just outside the Freeport city limits. Ideally positioned only 10 minutes from the world renowned Beaches of South Walton, this rare offering combines peaceful waterfront living with unbeatable convenience. Spanning just over a half acre, the property provides direct access to Mallet Bayou and seamlessly connects to the Choctawhatchee Bay, offering endless opportunities for boating, fishing, and exploring the gulf waters beyond the bay. A new boathouse with additional dock space are already in place, providing immediate functionality and added value for water enthusiasts. This canal runs 4-5' in the center. The Choctawhatchee Bay, a stunning 30 mile estuary stretching across Okaloosa and Walton counties, is fed by the Choctawhatchee River and opens to the Gulf of Mexico through the Destin East Pass, making this location a true gateway to some of the Panhandle's most sought-after waterways. Whether you're envisioning a private waterfront retreat or a full time residence, this property delivers the ideal balance of seclusion and accessibility, tucked away in a serene setting while still just minutes from shopping, dining, schools, and the sugar-white sands of the Emerald Coast.

92 Waterside Ln, Freeport

$328,000
2 Beds 2 Baths 1001528 MLS
Move-in ready home in growing Freeport, close to the Black Creek boat ramp and just a short drive to the beautiful beaches of South Walton. This home features vaulted ceilings, beautiful Pergo and hardy pine flooring, recessed lighting in the kitchen and living room, and a spacious custom kitchen with Samsung appliances, a copper farmhouse sink, and plenty of cabinet space. The primary bathroom includes a granite countertop and walk-in shower. The home has been freshly painted inside and out, updated straps and tie-downs, plus all-new skirting. Enjoy outdoor living with both front and back porches, and a completely fenced yard offering privacy and space for pets or entertaining. Additional features include a shed converted into an office and a garage/warehouse space for storage.

109 Trout Cir, Freeport

$415,000
1001019 MLS
Set across 40 acres of natural landscape, 287 High Lonesome Road presents a rare opportunity to shape a vision in the quiet surroundings of DeFuniak Springs--where scale, privacy, and possibility come together with intention. The property is heavily wooded, offering a rich canopy of mature trees and a sense of seclusion that invites thoughtful design and long-term planning. Whether imagined as a private estate, recreational retreat, or future development, the land provides a versatile canvas where architecture and environment can exist in harmony. Positioned less than 30 miles from the Gulf, the location offers a balance between peaceful inland living and access to the region's renowned coastline. Days can move between the quiet of wooded acreage and the energy of the Emerald Coast, creating a lifestyle defined by both space and connection. Defined by its scale, natural beauty, and potential, 287 High Lonesome Road offers an opportunity to create something lasting--an environment shaped with intention, where possibilities are as expansive as the land itself.

287 High Lonesome Rd, Defuniak Springs

$979,500
5 Beds 2 Baths 999853 MLS
Discover a rare opportunity to own 4.63 acres in Freeport with space, privacy and versatility just minutes from town. Located at 223 Altman Road, this expansive property offers the freedom to create a lifestyle that fits your needs--whether you're looking for a private residential retreat, room for a family compound, space for recreational vehicles and equipment, or an investment with future potential. The property features a two-story block home with 5 bedrooms and 2 baths, along with an additional mobile home, providing multiple possibilities for living, guests, extended family or other uses. The generous acreage offers plenty of room to spread out, with space for a workshop, garden, boats, RVs, outdoor recreation and more. Enjoy the privacy and relaxed lifestyle of acreage living while remaining convenient to Freeport, Black Creek, Choctawhatchee Bay and the beaches of South Walton. Properties offering this much usable land, flexible and proximity to both Freeport and the Emerald Coast are increasingly difficult to find. Bring your vision and discover the possibilities.

223 Altman Rd, Freeport

$699,500
4 Beds 4 Baths 998780 MLS
Beautiful home, a must see with no HOA! A place to park an RV or boat! Walk into a relaxing and well appointed living area, kitchen and dining area with a split floor plan which features master suite on the left, powder room, laundry room and bonus room upstairs with 1/2 bath. The master bath has a large walk-in tiled surround shower, dbl vanity with lighted mirror and a generous walk-in closet. Two guest bdrms & full ba is on the right. Glass barn doors separate the FL room from the kitchen/dining area. Conversations are easily made w friends & family while sitting at the bar counter, bistro table or just relaxing on the couch and watching tv w an electric fireplace for a distinctive atmosphere. French doors open to an amazing 14 x 28 pool w heated spa with brick paved decking. LVT flooring throughout the home for durability and easy upkeep. Custom cabinets & leather granite in the kitchen with wine cooler and stainless steel appliances. The back yard is fenced. Sit in your 2nd floor bonus room which overlooks your backyard and absorb the beauty of the trees and wild life on Eglin Reservation. There is a public boat launch in Choctaw Beach on Hwy 20 less than a mile away. Travel west to Destin over Midway bridge and be there approx. 20 minutes or go East to Freeport. Buyer(s) are responsible to personally verify all details for property and dimensions. Any information contained in this listing is believed to be accurate but is not guaranteed.

342 Eastern St, Freeport

$2,300,000
998282 MLS
Welcome to a rare opportunity on the Choctawhatchee River, where approximately 49 acres of breathtaking natural beauty are already positioned for future development. A planned and platted 44-lot subdivision is in place, along with nearly eight acres designated for commercial use--offering exceptional potential for investors, builders, or those looking to create a thoughtfully designed riverfront community. Additional land is also available, further expanding the possibilities. Beyond its development appeal, the property offers an incredible setting for personal enjoyment. Towering cypress and oak trees, some more than a century old, frame the landscape, while the gentle flow of the river creates a peaceful, private backdrop. Imagine casting a line from the riverbank or envisioning a Tom Sawyer-style campground or riverside retreat where families gather, make memories, and reconnect with nature. Located in Bruce, the property offers convenient access to County Park, State Highway 20, and is just a 30-minute drive to Northwest Florida Beaches International Airport. The white-sand beaches of Destin and 30A are also within reach, offering a seamless balance of riverfront tranquility and coastal access. Whether you're envisioning a large-scale development or a private waterfront escape, this property delivers both scale and opportunity in one remarkable setting.

66 Sawmill Rd, Bruce

$425,898
3 Beds 2 Baths 979917 MLS
Incredible opportunity across from the Choctawhatchee Bay! This unique property spans two spacious lots, offering endless possibilities—whether you're looking to renovate the existing home or start fresh with new construction. The current 3-bedroom, 2-bath home offers great potential as a fixer-upper investment or a rental, with bay views just steps away. With two separate lots, you have the option to demolish and build two new homes, making this an ideal project for developers or investors. Enjoy serene water views and bay breezes from this prime location, just minutes from Choctaw Beach Park, boat launch, and all that Niceville has to offer. Don't miss your chance to own a piece of property in one of the area's most desirable water-view corridors—live in one, sell or rent the other, or create two dream homes. Opportunities like this don't come often! This property isn't just real estate; it's a canvas for vision. Whether you're a developer aiming for dual-new-build returns, an investor seeking value-add renovation gains, or a waterfront enthusiast dreaming of a beautiful Bayview residence, 13636 E State Hwy 20 delivers unmatched flexibility in a serene, high-demand location. Call today and make it yours!

13636 St Highway 20, Niceville

$1,200,000
991017 MLS
Located along Whitfield Road in Freeport, this substantial homesite offers scale, privacy, and a direct relationship to the surrounding bay system. The property fronts a wide stretch of open water, creating unobstructed views and a sense of separation that's difficult to replicate in newer developments. The landscape is quiet and expansive, with changing light and tide patterns that give the setting real dimension. The location is both strategic and restrained. Whitfield Road remains lightly traveled, preserving a residential, low-density feel, while still allowing easy access to Freeport, Hammock Bay, and the broader Emerald Coast corridor. It's an area defined more by land ownership and long-term residency than by turnover. The parcel's size and layout provide flexibility for a properly scaled custom build; one that can take advantage of elevation, natural buffers, and long sight lines across the water. Mature vegetation offers privacy and character, with ample room for controlled clearing rather than wholesale disruption of the site. This is a setting that rewards thoughtful architecture. Water access supports a utilitarian coastal lifestyle; kayaking, paddleboarding, and fishing in calm conditions, without the exposure of open Gulf frontage. It's functional, protected, and sustainable. Whitfield Road represents a quieter side of waterfront ownership in Freeport; where land still carries weight, views are held rather than marketed, and the value lies in permanence rather than presentation.

Tbd Whitfield Rd, Freeport

Vendor Member Number : 28166