1452 W St Highway 20, FREEPORT

$1,900,000

0 Beds
0 Baths
524,027 Sqft
12.03 Acres
0 Garages

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. Due to the Hurricane in Panama City, 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.

Essential Information
MLS® #811418
Price$1,900,000
Square Footage524,027
Acres12.03
TypeCommercial Sales
StatusActive
Community Information
Address1452 W St Highway 20
AreaFREEPORT
CityFREEPORT
CountyWALTON
StateFL
Zip Code32439
Exterior
Lot Description418' X 1,216' X 1,004'
Additional Information
Days on Website266
ZoningRC for R-3 use
RE / Bank OwnedYes
Property History
Price Reduced from $1,950,000 to $1,900,000
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DISCLAIMER: Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing Courtesy Of The Premier Property Group. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2019, All rights reserved.

Listing information last updated on August 20th, 2019 at 12:30am CDT.

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