Description
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.
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0BEDS
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32ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
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.
© 2026 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Coastal Luxury. Vendor Member number: 28178. Data last updated: 2026-08-14T08:01:13.26.
Vendor Member #28178.