Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
None
Lot size
5.99 acres
Positioned at the southwest corner of U.S. Highway 331 South and Sweetwater Lane, this 5.99± acre waterfront development site offers a rare combination of highway exposure, corner visibility and navigable water frontage. The property is located approximately one-half mile north of the U.S. 331 Bridge and just one-half mile south of the new Walmart development, placing it directly along the primary corridor connecting rapidly growing Freeport with South Walton. As development pressures and land values continue to push north from the high-cost South Walton corridor, this location offers an opportunity to capture the accessibility, customer base and growth associated with South Walton at a potentially more attractive development basis. The assemblage features approximately 785 feet of frontage on U.S. 331 and 420 feet along Mallet Bayou, which borders the property to the south and provides navigable access through Choctawhatchee Bay to the Gulf of America. The waterfront creates an exceptional setting for hospitality, dining or boat-accessible restaurant uses, while the extensive highway frontage supports multiple retail, medical, financial and service-oriented development pads. Despite its waterfront setting, the vast majority of the property appears high and dry and is shown within Flood Zone X, allowing developers to capitalize on water views without sacrificing substantial usable upland area.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
-
Waterfront YN
YES
-
View
Canal
Area & Lot
-
Lot Size(acres)
5.99
-
Lot Size(square feet)
260,924
-
Property Type
Land
-
Property Sub Type
Commercial
Price
-
Sales Price
$5,995,000
-
Zoning
General Commercial
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
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Location
County
Walton
Elementary School
Middle School
High School
Listing Courtesy of Christopher Clubbs, Clubbs Real Estate Group LLC
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