$500,000

This sprawling 20.28-acre property in Freeport, FL features a residential estate zoning, permitting a low-density development of one unit per 5 acres. Access to the property is easily facilitated by a 65 FT WIDE RECORDED EASEMENT RECORDED easement road off Joe Dugger Rd, and the added benefit is the availability of electricity along Joe Dugger. With its substantial acreage and residential estate zoning, this property presents an outstanding opportunity for those in search of privacy and seclusion while still being within close reach of urban conveniences. Furthermore, it's noteworthy that the property is situated just one parcel away from potential annexation into the city of Freeport, which could open doors to higher density development. . This possible annexation makes it an enticing prospect for developers or individuals interested in constructing multiple homes. Located in Freeport (2022 Fastest growing city in FL.) This location wll allows you to enjoy the vibrancy of South Walton, with its abundant entertainment, shopping, and dining options, all while being in proximity to some of the world's most stunning beaches.