This exceptional 57.27-acre development parcel is situated in the heart of the rapidly growing Freeport market area. Strategically located just east of Hammock Bay with 1000 feet on Hwy 20, the property is only minutes from the thriving business district along Hwy 331, as well as area Schools. It's a quick 20-minute drive to the stunning beaches of 30A, along with world-class shopping and dining options. The property is zoned Commercial Residential and within the City of Freeport Zoning District, with development potential ranging from 2 to 14 dwelling units per acre. Commercial frontage along Hwy 20. SELLER IS WILLING TO SPLIT THE PROPERTY, DEEDING THE MAJOR UPLAND PORTION TO THE BUYER AND RETAINING THE CONSERVATION WETLANDS. Buyer to verify data for its own use.