LOT 244 Riverwalk Cir Freeport, FL 32439

This is a vacant lot in Riverwalk. The streets, water and sewer are in the process of being installed. The development has stalled and according to the city they are working with main lender to see how to get the infrastructure completed. The lot is priced knowing there are issues. What a great opportunity for an investor to purchase a lot at fire sale prices and reap the benefits once the banks and city figure out how to complete the project. RIVERWALK of Freeport is a waterfront community with mile of water frontage on Four Mile Creek. RIVERWALK is marketed as an upscale community with single family home sites. Amenities feature naturally landscaped, designated community park areas and walking paths that surround and intertwine the entire community. Within the community parks you will find a picnic area, pool area, and greenways with natural settings surrounded by the natural beauty of Florida. Beaches of South Walton are located just 10 min away with public beach access, shopping, and dining. Covenants and restrictions along with a design code will be in place to protect and enhance your property values. RIVERWALK is located about 8 miles north of the 331 Bridge in the Freeport area with deep water access 200 ft wide, 13 feet deep and minutes to the Bay. A short boat ride to Sandestin and Destin Harbor. There will be association fees but they are not known at this time.