$2,000,000
$2M PRICE INCREASE

941 State Rd Freeport, FL 32439

Estimated payment $12,272/month

Total Views 797
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

32 Acres

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

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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®
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