Exceptional development opportunity in the heart of Freeport! This 3.4-acre parcel is zoned Multi-Family Residential and ideally located with direct frontage on State Highway 20. Offering strong visibility and access, this property is perfectly positioned for a townhome, duplex, or small apartment development. Just minutes from schools, shopping, and the beaches of South Walton, this site benefits from the rapid growth of the Freeport area and the increasing demand for quality housing. Utilities are available. Bring your vision and plans. This is a prime opportunity for builders and investors alike. This property provides a blank canvas ready for your ideas. Just a 15 minute drive to Choctaw Beach and 25 minute drive to the sandy beaches of the Gulf. Schedule your showing today!