$2,000,000
$2M PRICE INCREASE

941 State Rd Freeport, FL 32439

Estimated payment $12,458/month

32 Acres
$62,500 Price per Acre
1,393,920 Sq Ft Lot

About This Lot

Positioned just east of the highly sought-after Hammock Bay community in Freeport, Florida, this 32-acre tract offers a prime opportunity
for multifamily residential development or long-term investment. With proximity to top-rated schools, emerging commercial centers, and scenic coastal amenities, the property benefits from strong growth trends in Walton County. Its location near one of the region's most successful master-planned communities makes it an ideal site for future residential expansion, estate homes, or a strategically phased development project. The Phillips Portfolio represents a once-in-a-generation opportunity to invest in one of America's most dynamic growth markets. The Portfolio has been strategically assembled to include an inventory of 43 high-value assets. These assets span across Northwest Florida and include residential, commercial, and industrial assets. Structured with current income-producing, in-process development parcels and greenfield land opportunities. The Phillips Portfolio offers above-market return opportunities across the immediate, medium, and long-term investment horizons. Inquire with Listing Agents for full portfolio information.

Listing Agent

Anderson Brooks

NAI TALCOR Listed on: 01/15/2026

NAI TALCOR

Co-Listing Agent

Patrick Jones

NAI TALCOR License #3080180

Property Details

Property Type

  • Land

Lot Details

  • 32 Acre Lot

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 32.0
  • Co List Office Mls Id: BNTA
  • Co List Office Phone: 850-249-2879
  • Subdivision Name: [No Recorded Subdiv]
  • Property Sub Type Additional: Unimproved Land
  • Special Features: None

Interior Features

  • Possible Use: Unimproved

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 1393920.0
  • Mobile Dim Units: Feet

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2026 01/15/26 For Sale $200,000 -- --
Source: Central Panhandle Association of REALTORS®

Source: Central Panhandle Association of REALTORS®

MLS Number: 783720

Central Panhandle Association of REALTORS®
Florida Walton County Freeport 32439

941 State Rd, Freeport, FL

For Sale

Lots

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Central Panhandle Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

Nearby Homes
Anderson Brooks
Listing Agent
Anderson Brooks
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NAI TALCOR
(850) 354-6552