16 Acres Old Jolly Bay Road, Freeport, FL 32439 (MLS# 989303)

16 Acres Old Jolly Bay Road, Freeport, FL 32439

$3,600,000

16 Acre Tract For Sale with 1485 feet of frontage on Old Jolly Bay Road

Walton County PA Aerial showing both tracts - 16 Acres in Turquoise.

7 Ac and 16 Ac combined to make a 23 Ac Tract. Sold separately or Together!

Aerial looking west of 7 Acres - Acadia Apts to the NW and LaGrange Bayou to the West. Choctawhatchee Bay to the Southwest on the top left of picture.

Old Jolly Bay Road - Property on the Right -

Old Jolly Bay - Parallels Highway 331 South

Old Jolly Bay Road - Property on the Left

Old Jolly Bay Road - County Maintained and connects County Road 3280 to Ramsey Road and leads to The Traffic Signal at Publix, Marquis Way

Property Type: Commercial for Sale Lot Size (sq. ft.): 696,960 Status: Active

Current Price: $3,600,000 List Date: 11/10/2025 Last Modified: 6/01/2026

Overview

Description

Development Opportunity! 16+/- Acres in Prime Location for future growth! Over 1485' of paved road frontage w/City Water & Sewer available. Old Jolly Bay Rd runs parallel to Hwy 331 South. Traffic signal at LaGrange Rd/Ramsey Rd & Hwy 331, New 300+ Apartments and New Resort RV Park planned at LaGrange Rd & 331. Old Jolly Bay Rd gives access to Co. Hwy 3280 to the South (Black Creek Rd) & north to the intersection at Publix & Businesses at Marquis Way. This tract has County Zoning Estate Residential. Ideal spot for Residential, Retail/Professional space, Flex/WH/Storage, etc. Adjoining Tract of 7.19 Acres is For Sale totaling 23.19 Ac w/1973' of frontage! Great location South of Hwy 20-close to town & Hwy98! New Developments in progress with more planned for Freeport! Opportunity is here!

Listing Details MLS# 989303

Contract Info

GCCMLS Number: 43801593
Listing Board: Emerald Coast

Location Tax and Legal

Area: 20 - Freeport
Street #: 16 Acres
Street Name: Old Jolly Bay
Street Suffix: Road
State: FL
Zip Code: 32439
County: Walton
Parcel ID: 26-1S-19-23000-005-0000

General Property Info

Listed on GCCMLS: Yes
Vacant: Yes
Immediate Occupancy: Yes
Acreage: 16
Lot Frontage: 1485
Zoning: Est Residential
Future Land Use: Estate Residential

Land

Price P/Acre: 225000

More Information

Lot Features

Coastal Barrier Zone: No

Location, Tax and Legal

Sub Area: 2009 - S. of 20 to Rd 3280 and Blackcreek
Legal Description: Lengthy Metes and Bounds - 16 Acres. Walton County Prop App ID: 26-1S-19-23000-005-0000

Listing Info, Tax & Legal

As Is: Yes

Remarks & Misc

Remarks: Development Opportunity! 16+/- Acres in Prime Location for future growth! Over 1485' of paved road frontage w/City Water & Sewer available. Old Jolly Bay Rd runs parallel to Hwy 331 South. Traffic signal at LaGrange Rd/Ramsey Rd & Hwy 331, New 300+ Apartments and New Resort RV Park planned at LaGrange Rd & 331. Old Jolly Bay Rd gives access to Co. Hwy 3280 to the South (Black Creek Rd) & north to the intersection at Publix & Businesses at Marquis Way. This tract has County Zoning Estate Residential. Ideal spot for Residential, Retail/Professional space, Flex/WH/Storage, etc. Adjoining Tract of 7.19 Acres is For Sale totaling 23.19 Ac w/1973' of frontage! Great location South of Hwy 20-close to town & Hwy98! New Developments in progress with more planned for Freeport! Opportunity is here!

Class

Land: Yes

Construction Status

N/A: Yes

Property Features

Class: Land Construction Status: N/A

Listing Office: Palmetto Properties & Realty LLC

Last Updated: June - 01 - 2026

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.