This premier development opportunity spans approximately 23.22 acres across three parcels in a private and beautiful area of Freeport! Boasting 950 linear feet of waterfront on Alaqua Bayou, this estate offers potential for a private waterfront compound or neighborhood development, complete with a private dock, boat lift, fire pit, and gated entry! With a 3,240 square foot metal building and workshop already in place, equipped with power, water, septic, and bathroom facilities, the groundwork for development is ready to go. Large canopy trees provide natural beauty and privacy, while perimeter fencing enhances security. Access to the property is conveniently located off County Highway 83A and Dexton King Road. Utilities, including city water, power, cable, and sewer, are... available along County Highway 83A. This opportunity also has an FAA approved helicopter land pad on the property that is also approved by Eglin AFB as it lies under their restricted airspace. Additionally, the southernmost parcel features an existing residential structure, and there's significant potential for future single-family home development with a Conceptual Master Plan in place (subject to permits and changes). A private helipad has been approved by the State (pending final activation), adds a luxurious touch to this property. This prime location offers an incredible chance to create a one-of-a-kind residential development or private estate, the choice is yours. A Conceptual Master Plan is in the photos and is shown only to represent design intent. Layout, density and lot sizes are subject to change to reflect local and state regulations and approvals. Call today for more information or your private viewing.
Lot/land
$10,000,000
147 Dexton King Rd, Freeport, FL 32439
--beds
--baths
23.22Acres
Unimproved Land
Built in ----
23.22 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Large canopy treesPrivate and beautiful area
- 455 days |
- 199 |
- 17 |
Zillow last checked: 8 hours ago
Listing updated: September 09, 2025 at 02:42am
Listed by:
Caleb Midgett caleb@scenicsir.com,
Scenic Sotheby's International Realty
Source: ECAOR,MLS#: 961654
Originating MLS: Emerald Coast
Facts & features
Property
Features
- Has view: Yes
- View description: Bayou
- Has water view: Yes
- Water view: Bayou
- Waterfront features: Bayou
- Frontage type: Water
- Frontage length: Water: 925
Lot
- Size: 23.22 Acres
- Dimensions: 1325 x 925 x 820 x 480
- Features: Controlled Access, Addl Land Available, Build To Suit, Within 1/2 Mile to Water, Wooded
Details
- Parcel number: 131S20320000310010
- Zoning description: See Remarks
Utilities & green energy
- Water: Public
- Utilities for property: Electricity Connected, Sewer Available, Cable Connected
Community & HOA
Community
- Subdivision: No Recorded Subdivision
Location
- Region: Freeport
Financial & listing details
- Tax assessed value: $1,046,960
- Annual tax amount: $13,695
- Date on market: 10/23/2024
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$1,678/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/23/2024 | Listed for sale | $10,000,000+66.7% |
Source: | ||
| 12/28/2018 | Listing removed | $6,000,000 |
Source: 30a Local Properties #764642 Report a problem | ||
| 5/29/2018 | Price change | $6,000,000+8.9% |
Source: 30a Local Properties #764642 Report a problem | ||
| 4/28/2018 | Price change | $5,510,000+0.2% |
Source: 30a Local Properties #764642 Report a problem | ||
| 3/15/2018 | Price change | $5,500,000+0% |
Source: 30a Local Properties #764642 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $13,695 +0.3% | $1,046,960 |
| 2023 | $13,660 +1.2% | $1,046,960 +4.1% |
| 2022 | $13,503 +9.9% | $1,005,893 +10% |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
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Neighborhood: 32439
Nearby schools
GreatSchools rating
- 7/10Freeport Middle SchoolGrades: 5-8Distance: 3.7 mi
- 8/10Freeport Senior High SchoolGrades: 9-12Distance: 7 mi
- 6/10Freeport Elementary SchoolGrades: PK-4Distance: 4.4 mi
Schools provided by the listing agent
- Elementary: Freeport
- Middle: Freeport
- High: Freeport
Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





