Positioned just east of the highly sought after Hammock Bay community in Freeport, Florida, this 32 acre tract offers a prime opportunity for multifamily residential development or long term investment. With proximity to top rated schools, emerging commercial centers, and scenic coastal amenities, the property benefits from strong growth trends in Walton County. Its location near one of the region's most successful master planned communities makes it an ideal site for future residential expansion, estate homes, or a strategically phased development project. The Phillips Portfolio represents a once in a generation opportunity to invest in one of America's most dynamic growth markets. The Portfolio has been strategically assembled to include an inventory of 43 high value assets. These assets span across Northwest Florida and include residential, commercial, and industrial assets. Structured with current income producing, in process development parcels and greenfield land opportunities. The Phillips Portfolio offers above market return opportunities across the immediate, medium, and long term investment horizons. Inquire with Listing Agents for full portfolio information.