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Development opportunities with this combination of acreage, zoning, frontage, and location are becoming increasingly difficult to find in the rapidly expanding City of Freeport. Positioned directly in front of the new Bourbon Street Townhouse Development Project, this 2.06-acre High Density Residential (R-3) property presents an exceptional opportunity for investors, builders, developers, and entrepreneurs seeking to capitalize on one of the area's fastest growing corridors.
Featuring approximately 302 feet of paved frontage along Business 331, this property offers both visibility and accessibility while providing substantial future development potential. Zoned High Density Residential (R-3), allowable density provides for up to eight single-family dwelling units per acre or up to fourteen duplex, triplex, quadruplex, or townhouse dwelling units per acre, creating multiple paths for future development and income-producing opportunities.
Currently situated on the property is an approximately 1,884 square foot residence offering 3 bedrooms, 2 bathrooms, existing utilities, spacious living areas, abundant natural light, and functional space that allows immediate occupancy, rental income potential, office space, or interim use while development plans take shape. The property additionally features a detached building with substantial storage area, garage space, and carport coverage while the unrestricted acreage allows flexibility rarely found within city limits. Park boats, RVs, equipment, work vehicles, or construct additional improvements without HOA restrictions.

Strategically located within Freeport city limits and less than two miles from all three Freeport schools, this central location provides convenient access throughout Walton County while remaining approximately 12 miles from the Emerald Coast beaches. Destin, Niceville, DeFuniak Springs, shopping, dining, boating, charter fishing, Crab Island, and entertainment destinations remain within easy reach.

Property highlights include:
*2.06 acres within Freeport city limits
*Approximately 302 feet of paved frontage on Business 331
*Zoned High Density Residential (R-3)
*Existing utilities already in place
*Flood Zone X
*No wetlands per Walton County GIS mapping
*Detached storage building, garage, and carport
*No HOA restrictions
*Directly adjacent to an active area of residential growth and development

Whether your objective is redevelopment, residential density opportunities, income-producing investment, land banking, business use, or long-term appreciation potential, this property offers flexibility and scale rarely available within the growing Freeport market.

Buyer to verify all information deemed important including zoning, density allowances, land use, dimensions, utilities, development potential, and future use possibilities.
#1005028

Freeport

14162 331 Business Highway

3 Beds

2 Baths

1,884 Sq.Ft.

$699,900

MLS#: 1005028

Located in the coveted ''A Building'' at Alerio, one of Miramar Beach's newest and most desirable condominium communities, this rare ground-floor unit offers exceptional convenience and easy Gulf access. Situated just steps from the sugar-white sands and emerald waters of the Gulf of Mexico, this prime location provides the feel of beachside living without the beachfront price. Enjoy the ease of no elevators or stairs and convenient proximity to the community pool.
Alerio A101 features 3 bedrooms, 2 full bathrooms, and is highlighted by 10-foot ceilings, granite countertops, stainless steel appliances, wood flooring throughout, luxury finishes, and designer fixtures. The open-concept living area is spacious and inviting, offering ample room for relaxing and entertaining.
The kitchen is thoughtfully designed with generous preparation and serving space, granite countertops, a breakfast bar, and stainless steel appliances. The oversized bedrooms provide comfortable accommodations for owners and guests alike. The primary suite includes a beautifully finished bathroom with tile finishes and a fully tiled walk-in shower extending to the ceiling.
This meticulously maintained condo features all hard-surface flooring, neutral colors, and a coastal-inspired design. Recent improvements include a brand-new HVAC system, and two bedroom TVs have been upgraded to Smart TVs for added convenience and enjoyment.
Being sold fully furnished, this property is turnkey and rental ready, offering excellent income potential. Conveniently located in the heart of Miramar Beach, residents and guests enjoy quick access to shopping, dining, and entertainment, making this an ideal investment property, second home, or full-time residence.
#1005052

Miramar Beach

732 Scenic Gulf Drive UNIT A101

3 Beds

2 Baths

1,324 Sq.Ft.

$519,900

MLS#: 1005052

3-bedroom, 2-bathroom beach retreat with no HOA, short-term rentals allowed, and plenty of room for your boat, RV, golf cart, and beach toys. Located in a golf-cart-friendly community on the highly desirable west end of Panama City Beach, this furnished property offers a rare combination of privacy, flexibility, and convenience just minutes from the Gulf of Mexico and Lake Powell. The oversized fenced lot features an expansive gravel parking area, mature shade trees, and space for multiple vehicles making it ideal as a primary residence, vacation home, or income-producing rental property. Inside, you'll find a bright and welcoming layout with spacious living areas, an open kitchen and dining space, and three comfortable bedrooms. Offered furnished, this home is ready to enjoy immediately or begin generating rental income from day one.

Outside, the generous lot provides the outdoor space buyers are always searching for. Bring the boat, jet skis, golf cart, and fishing gear--there's room for it all. Privacy fencing, mature landscaping, a storage shed, and a fish-cleaning station add to the property's appeal for beach lovers and outdoor enthusiasts.

Conveniently located near public beach access, Lake Powell, Pier Park, and Scenic Highway 30A, you'll enjoy quick access to some of the area's best dining, shopping, boating, fishing, and entertainment while still enjoying the relaxed atmosphere of Panama City Beach's west end.

Whether you're looking for a personal beach getaway, full time residence, or investment property, this coastal retreat checks all the boxes.
#791013

Panama City Beach

509 Dolphin Drive

3 Beds

2 Baths

1,196 Sq.Ft.

$245,000

MLS#: 791013

3.36 acres of wooded land in North Okaloosa County! Located on Regan Drive, this vacant parcel offers approximately 350 feet of road frontage and a private, rural setting with plenty of room to build your dream home or create your own retreat. Surrounded by natural Florida beauty, the property provides the peace and privacy of country living while remaining a convenient drive to Crestview, Eglin AFB, Duke Field, shopping, dining, and schools. No existing improvements. Buyer to verify all information deemed important, including lot dimensions, zoning, land use, utilities, wetlands, flood zone, and intended use.

Property consists of Lots 170, 171, and 172. Approximate dimensions are based on county GIS and should be independently verified by buyer. No survey available. Seller has limited knowledge of the property. Buyer responsible for verifying zoning, utilities, access, wetlands, and suitability for intended use.
#1005047

Crestview

0 Regan Drive

None Beds

None Baths

3.36 acres

$45,000

MLS#: 1005047

**Procurement Property**

Welcome to this charming 3-bedroom, 2-bathroom home located in the beautiful city of Panama City, FL. This well-maintained property offers a comfortable and inviting living space for you to call home. As you step inside, you'll notice the modern and sleek design, perfect for all your cooking needs. The glass/ceramic cooktop adds a touch of elegance to the space. The convenience of a dishwasher makes cleaning up after meals a breeze. Additionally, this home features washer/dryer connections ONLY, allowing you to easily take care of your laundry needs. Stay cool during the warmer months with ceiling fans throughout the house, providing a refreshing breeze. Step outside onto the patio, where you can relax and enjoy the fresh air. The 2-car garage offers ample space for parking and storage. For added privacy and security, the yard is fully fenced. This home is conveniently located in a desirable neighborhood, close to schools, shopping centers, and parks. Don't miss out on the opportunity to make this house your home.

*No Pets*
#791010

Panama City

221 Viola Avenue

3 Beds

2 Baths

1,242 Sq.Ft.

$1,450

MLS#: 791010

Welcome to this beautifully appointed 4-bedroom, 2.5-bathroom home located in the highly sought-after gated community of Sanctuary Beach. Designed with both comfort and style in mind, this home features luxury vinyl plank flooring throughout, recessed lighting, and an open-concept layout perfect for everyday living and entertaining.The heart of the home is the spacious kitchen, showcasing an oversized island overlooking the living area, complete with an electric fireplace. Enjoy premium finishes including stainless steel appliances, a gas range, quartz countertops, and shaker-style soft-close cabinetry. Just off the kitchen, you'll find a convenient butler's pantry featuring a wine cooler, providing additional storage and entertaining space. A well-positioned half bath is also located on the main floor for guests.Upstairs, the spacious primary suite offers a relaxing retreat with a double vanity, a stunning floor-to-ceiling tiled walk-in shower, and a generous walk-in closet that conveniently connects directly to the laundry room. Three additional bedrooms and a full bathroom complete the second level.Step outside to enjoy the covered back patio overlooking the backyard, perfect for relaxing or hosting gatherings. Ideally situated just a short walk from the community pool and only minutes from the white sandy beaches of Panama City Beach, this home offers the perfect combination of luxury, convenience, and coastal living.
#791052

Panama City

3513 Cottage Cove Lane

4 Beds

2 Baths

2,314 Sq.Ft.

$599,000

MLS#: 791052

The Redland. Inside, you find the social hub of the home at the quartz countertop island in the kitchen. While everyone gathers around the eat-in kitchen you don't miss a beat with the openness of the living space. Upstairs is the generously sized (& secluded!) primary suite with trey ceiling,massive walk-in closet, and double vanity. The other 2 bedrooms upstairs also feature trey ceilings. One additional bedroom downstairs with a full bathroom is great for guests or flex room. Loft & laundry on 2nd level. Covered porch & patio. Photos/videos are of similar homes. Price listed is base price, options & upgrades added may increase the price of the home.
#1005066

Freeport

530 Arrowwood Boulevard

4 Beds

3 Baths

1,975 Sq.Ft.

$367,850

MLS#: 1005066

Very attractive recently remodeled 1 bedroom/loft/1.5 bath townhouse backed up to the beautiful Massalina Bayou. Covered parking. In the Cove area. Convenient to downtown, shopping and dining. Improvements include but limited to new appliances, washer/dryer HVAC systems, vaulted ceilings, vinyl wood plank flooring and a relaxing community dock/deck overlooking the bay. All ages, sizes and school zones are approximate, please verify if important. Pets not Allowed.
#791016

Panama City

307 Wilson Avenue 17

1 Beds

1 Baths

740 Sq.Ft.

$1,225

MLS#: 791016

Very nice 2 bedroom 1 bath apartment located on quite cul-de-sac in the much desired Lynn Haven community. Close to the nicest schools, shopping, dining and centrally located to bases and the beach. All property sizes and ages are approximate, please measure and/or verify if important.

School assignments are subject to change, please check with Bay County for most accurate information. Deposit is the same as one month's rent. No pets allowed.
#791017

Lynn Haven

1104 W 19th Court E

2 Beds

1 Baths

800 Sq.Ft.

$995

MLS#: 791017

Welcome home to the Stackhouse by Valor Communities, a sanctuary designed for lasting memories. This stunning home features a spacious open-concept main level. From the versatile loft, enter the expansive primary retreat, complete with an oversized closet. With four bedrooms and three full baths, there is plenty of room for everyone. A unique highlight is the three-car garage, featuring a pass-through design for ultimate convenience and backyard access. A covered back porch adds the perfect finishing touch. Visuals feature a similar home for inspiration. Pricing is the base starting point; final price varies based on upgrades and features selected.
#1005057

Freeport

270 Sagebrush Drive

4 Beds

3 Baths

2,025 Sq.Ft.

$396,350

MLS#: 1005057

Now available - new metal roof, June 2026 with approximately 1850 SF of professional office or retail space in a highly accessible Panama City location just off the 23rd Street commercial corridor. This versatile space is being delivered as a vanilla shell, providing tenants the opportunity to customize the layout to fit their business needs.

Located within a multi-tenant commercial building alongside established businesses, the property benefits from existing customer traffic and strong visibility in a well-known commercial area. Flexible lease terms may be considered. Ideal for professional services, medical-related uses, retail, showroom, educational, creative, technology, wellness, or specialty service businesses.

Features include new electrical, plumbing, HVAC infrastructure, ample parking, convenient access to US-231 and Hathaway Bridge, and proximity to major retail, dining, healthcare, and business services. The open floor plan allows for efficient build-out and a wide variety of permitted commercial uses. Approximately 1,900 SF. All dimensions, square footage figures, and related calculations are estimates only and are subject to independent verification by the prospective tenant and the tenant's representatives. Neither the listing broker nor the landlord warrants the accuracy of the stated measurements. Final lease terms, rental amounts, and any prorated expense allocations shall be based on the square footage agreed upon in the fully executed lease.
#1005023

Panama City

2401 Ruth Hentz Avenue Suite 100

None Beds

None Baths

5,412 Sq.Ft.

$2,500

MLS#: 1005023

Available 7/8/26! 3bd/2ba Craftsman style home in East Navarre. Located in the desirable Duncan Ridge subdivision which has underground utilities, sidewalks, and no HOA. Near Navarre High School, the YMCA, soccer/baseball/football fields, dog park, only 20 minutes to Hurlburt Field and 4 miles to Navarre Beach. Spacious open floor plan with split bedroom floorplan. Kitchen has granite countertops and stainless steel appliances. Covered patio and privacy fenced in back yard perfect for entertaining. Washer and Dryer As-Is. Pets allowed with owner approval and $400 non-refundable pet fee. No smoking in property. Applications are done online at www.rentgoodlife.com
#1005097

Navarre

2362 Duncan Ridge Drive

3 Beds

2 Baths

1,510 Sq.Ft.

$2,295

MLS#: 1005097

Welcome to the Embry, a new home floor plan at Hodges Bayou in Panama City, Florida. The Embry plan is a 5-bedroom, 3.5-bathroom two-story home with over 2800 Sq. Ft. and a two-car garage.

As you step inside, you're greeted by a versatile flex space right off the foyer--perfect for a bright home office, a formal dining room, or a cozy reading nook. The open-concept design flows seamlessly into the heart of the home: a stylish kitchen featuring sleek stainless-steel appliances, crisp white cabinetry, and a massive center island. This space connects directly to an expansive great room, creating the ultimate hub for daily life and entertaining guests.

The main-level primary suite is designed as a peaceful retreat, offering a private escape from the hustle and bustle. The en-suite bathroom combines function and luxury, boasting a double vanity, private water closet, spacious shower, a relaxing garden soaking tub, and an oversized walk-in closet. Upstairs, you'll find a large, flexible living area ideal for a game room, media center, or family hangout. Four generously sized secondary bedrooms share two full bathrooms, providing ample room for everyone. One bedroom even includes a private, attached bathroom--perfect for guests or a teen suite.

On the outside of this home, you'll see durable Hardie board siding on all sides of the home. There is also a covered front patio area for you to sit and enjoy the beautiful Florida weather.

Located in the fast-growing Panama City area, this new construction home in Hodges Bayou is equipped with modern Smart Home Technology to simplify your life. Don't miss your chance to own in this premier community--contact us to tour the Embry plan today!
#791056

Panama City

7217 Shady Oak Way

5 Beds

3 Baths

2,995 Sq.Ft.

$434,900

MLS#: 791056

Welcome to 213 Pinetree Drive, a fully furnished contemporary beach retreat completed in 2021 and thoughtfully designed for coastal living. Located just a short walk from the sugar-white sands of Panama City Beach, this exceptional home offers the perfect blend of modern comfort, outdoor entertaining, and investment potential. Designed to embrace the Florida lifestyle, the property features multiple outdoor living spaces, including covered porches, spacious decks, a screened lanai, and a private pool surrounded by a stone-paver terrace and sun deck. A rooftop observation deck provides the perfect place to relax, enjoy Gulf breezes, and take in glimpses of the water. Inside, light-filled living spaces create a welcoming atmosphere throughout. The main living area features hardwood flooring, comfortable seating, a striking media wall, built-in bookshelves, and a cozy fireplace framed by clerestory windows. The open-concept layout flows seamlessly into the dining area and beautifully appointed kitchen, where quartz countertops, a large center island, stainless steel appliances, abundant cabinetry, and a pantry offer both style and functionality. The thoughtfully designed floor plan includes a spacious guest bedroom and full bath on the first floor, providing convenience and privacy for guests or multigenerational living. Upstairs, you'll find two additional bedrooms, including the luxurious primary suite, which features private balcony access and a beautifully appointed
ensuite bath complete with sleek finishes, shower, dual vanities, a freestanding soaking tub and a large walk-in closet. The additional upstairs bedroom offers comfortable accommodations for family and guests, while the home's well-designed bathrooms blend modern elegance with everyday functionality.

Additional outdoor living space on the second-floor deck connects to the rooftop observation deck, creating multiple areas to gather, entertain, or unwind while enjoying the coastal breeze.

Every inch of the home has been carefully utilized, including a dedicated laundry room and a convenient office nook tucked beneath the staircase. The attached garage offers ample storage for beach gear, bicycles, and pool accessories, while the driveway provides additional parking. Modern conveniences include LED lighting throughout and a Tesla fast charger.

Whether you're searching for a primary residence, second home, or income-producing vacation rental, this turnkey property offers an outstanding opportunity to enjoy the best of Panama City Beach living just moments from the Gulf.
#791004

Panama City Beach

213 Pinetree Drive

3 Beds

3 Baths

2,003 Sq.Ft.

$1,149,000

MLS#: 791004

SELLER OFFERING UP TO $5,000 IN FLEX CASH to be used toward buyer closing costs, prepaids, or other allowable expenses with an acceptable offer!

Don't miss this incredible opportunity to own a beautifully updated home on a large wooded lot in the highly desirable Passages of Hammock Bay community. This meticulously maintained 3-bedroom, 2-bath home with a versatile flex space offers the perfect blend of comfort, privacy, and modern upgrades.

The home has undergone extensive improvements in May 2026 (this year), including fresh interior and exterior paint, giving the property a clean, modern feel throughout. Additional recent upgrades include all new ceiling fans, light fixtures, recessed lighting, bathroom mirrors, faucets, hardware, and designer finishes that elevate the entire home.



Inside, you'll find beautiful cabinetry, granite countertops, and upgraded tile plank flooring that extends throughout the entire home, creating a seamless and elegant look. The spacious primary suite features a professionally designed custom closet system with built-in storage and a stunning fully tiled walk-in shower.

Outside, the improvements continue with brand-new privacy gates, including a double gate providing convenient backyard access. Situated on a quiet dead-end street, this home enjoys one of the most private settings in the neighborhood. With no homes directly in front or behind the property, you'll enjoy peaceful wooded views and exceptional privacy year-round.
#1004287

Freeport

41 Twain Trail

3 Beds

2 Baths

1,721 Sq.Ft.

$394,000

MLS#: 1004287

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