A rare waterfront opportunity at the southern end of Freeport with residential, investment and development potential. This .57-acre parcel offers approximately 111 feet of waterfront and flexible RC - Residential/Neighborhood Commercial zoning, creating options for a private waterfront homesite, builder project, investment property or neighborhood-scale commercial use, subject to applicable approvals.
This is Lot 3 of the former 193 Ramsey Branch Road parent parcel. The property offers a unique combination of waterfront living and convenient access to the US 331 corridor, Choctawhatchee Bay and the beaches, dining and amenities of South Walton. Boating access provides another dimension to the property, with approximately 3-5 feet of water depth and navigable access beneath the US 331 bridge, which has approximately 7 feet of vertical clearance. A boat dock may be constructed subject to applicable permitting and approvals.
For builders, developers and investors, the opportunity extends beyond this individual parcel. Two adjoining waterfront parcels are also available for purchase, creating the potential to assemble approximately 1.73 acres with approximately 466 feet of combined waterfront. The adjacent Lot 2 contains approximately .45 acres and 90 feet of waterfront, while premium Lot 1 contains approximately .71 acres, an impressive 265 feet of waterfront and an old boat ramp offering a unique restoration opportunity. All three parcels share RC zoning, opening the door to a variety of residential and neighborhood-commercial possibilities.
Purchase Lot 3 independently at $285,000 or explore the opportunity to assemble additional adjacent acreage and waterfront. An increasingly hard-to-find combination of waterfront, usable acreage, flexible zoning and proximity to South Walton.
Lot/land
$285,000
193 Ramsey Branch Rd, Freeport, FL 32439
--beds
--baths
0.57Acres
Unimproved Land
Built in ----
0.57 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Rare waterfront opportunity
- 3 days
- 77
- 8
Zillow last checked:
Listing updated:
Listed by:
Kelly P Jenkins 850-714-7020,
Corcoran Reverie,
Jennifer L Drew 850-358-3892,
Corcoran Reverie
Source: CPAR,MLS#: 795242
Originating MLS: Central Panhandle Association of REALTORS
Facts & features
Property
Features
- On waterfront: Yes
- Waterfront features: Canal Front, Gulf Access
- Frontage length: 111'
Lot
- Size: 0.57 Acres
- Features: Paved
Details
- Parcel number: 271S19230000270027
- Zoning description: City, Business, Commercial, General Commercial, Office/Prof, Resid Multi-Family, Resid Single Family
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Sewer Available
Community & HOA
Community
- Subdivision: Other
HOA
- Has HOA: No
Location
- Region: Freeport
Financial & listing details
- Tax assessed value: $176,000
- Annual tax amount: $1,525
- Date on market: 9/10/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/10/2026 | Listed for sale | $285,000-71.5% |
Source: | ||
| 6/28/2026 | Listing removed | $1,000,000 |
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| 8/2/2025 | Price change | $1,000,000-9.1% |
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| 5/16/2025 | Listed for sale | $1,100,000-13.7% |
Source: | ||
| 11/16/2024 | Listing removed | $1,275,000 |
Source: | ||
| 11/14/2024 | Price change | $1,275,000-5.6% |
Source: | ||
| 6/18/2024 | Price change | $1,350,000-3.6% |
Source: | ||
| 4/16/2024 | Price change | $1,400,000-6.7% |
Source: | ||
| 1/11/2024 | Listed for sale | $1,500,000+538.3% |
Source: | ||
| 11/10/2021 | Sold | $235,000-12.6% |
Source: | ||
| 9/29/2021 | Pending sale | $269,000 |
Source: | ||
| 8/2/2021 | Price change | $269,000-8.8% |
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| 7/23/2021 | Listed for sale | $295,000 |
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Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,525 +1.4% | $93,696 +10% |
| 2024 | $1,504 +48% | $85,178 +9.4% |
| 2023 | $1,016 -25.7% | $77,889 -23% |
| 2022 | $1,368 +6% | $101,220 +12.6% |
| 2021 | $1,290 +9.7% | $89,917 +10% |
| 2020 | $1,176 +3.2% | $81,743 +3% |
| 2019 | $1,140 | $79,364 +7.5% |
| 2018 | $1,140 +6.7% | $73,810 -12.6% |
| 2017 | $1,069 -12.1% | $84,455 +0.6% |
| 2016 | $1,215 +6.4% | $83,978 -1.2% |
| 2015 | $1,142 -2.3% | $84,972 |
| 2014 | $1,169 | $84,972 -28.7% |
| 2013 | -- | $119,161 -0.7% |
| 2012 | -- | $120,016 -0.7% |
| 2011 | -- | $120,870 -0.7% |
| 2010 | -- | $121,725 -1.8% |
| 2009 | -- | $123,971 -1.8% |
| 2008 | -- | $126,258 -0.7% |
| 2007 | -- | $127,153 +63.5% |
| 2005 | -- | $77,783 +3% |
| 2004 | -- | $75,517 +1.9% |
| 2003 | -- | $74,109 +2.4% |
| 2002 | -- | $72,372 +1.6% |
| 2001 | -- | $71,232 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 32439
Nearby schools
Schools provided by the listing agent
- Elementary: Freeport
- Middle: Freeport
- High: Freeport
Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





