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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.
#783720

Freeport

941 W Florida 20 Highway

None Beds

None Baths

N/A

$2,000,000

MLS#: 783720

Beautiful waterfront acreage on North Bay and Fanning Bayou. Approximately 775' Bay front. Zoning allows for five units per acre (Zoned R5-A, Unincorporated Bay County). Great site for a waterfront residential subdivision. The seller has conceptual site plans (attached) to include 9 waterfront lots and 28 interior lots. Other concepts include a marina with dry storage, with +/-42 wet slips, condominium or multi-family housing. Many possibilities and opportunities. There is approximately 5 acres of isolated wetlands which should not interfere with most development projects. Copies of the survey and site plans are attached.
#737530

Southport

6822 HILLIARD Street

None Beds

None Baths

14.71 acres

$2,000,000

MLS#: 737530

Classic Beach Cottage on 60 feet of frontage directly on the Gulf of Mexico in Panama City Beach, Florida. Located right next to public beach access number 83 on the far West End of Panama City Beach far away from the high-rise condominiums and other crowded sections of the beach, surrounded by low density residential neighborhoods. Just minutes west from Pier Park and approximately 10 minutes from Inlet Beach and the 30A corridor where other exclusive fine dining and shopping awaits. Zoned Seasonal Commercial 2, where vacation rentals ARE allowed, making this an excellent location for an investor rebuild project. Gulf-front lots of this size are becoming more and more rare to come to market. Investors, Don't miss this opportunity. - Ask your favorite agent for recommended builders and projected return on investment! All Information is deemed to be reliable, but is not guaranteed, buyer to verify if important.
#746155

Panama City Beach

20605 Front Beach Road

3 Beds

3 Baths

1,308 Sq.Ft.

$2,000,000

MLS#: 746155

What separates a house from a masterpiece? The answer lives here. 

This is not a spec house. This is a vision brought to life -- a collaboration between a discerning homeowner and celebrated builder Ronnie McGee, whose architectural artistry and meticulous craftsmanship have defined luxury living throughout the Emerald Coast. From the moment you approach the custom-designed, double-arched wrought iron front entry doors, you sense this home is different.

Step through the foyer and let the soaring barrel ceiling draw you forward -- an immediate statement that nothing here was left to chance. You flow naturally into the living room, where three dramatic architectural beams stretch across the high ceilings, anchored by custom built-in shelves and cabinetry that are as beautiful ... as they are functional. These are not afterthoughts -- they are integral to McGee's vision of spaces that inspire.

A HOME THAT TELLS ITS STORY THROUGH DETAIL
 
Where others see walls, McGee saw canvas. Select spaces throughout the home -- including the formal dining room, the great room, and the primary ensuite -- are adorned with exquisite metallic impressions and textured finishes that shift with the light, creating an ever-changing interplay of depth and luminescence. Art that lives with you.

The formal dining room sets the tone for gracious entertaining. The designer office and den -- a private, thoughtfully appointed retreat on the main floor -- speaks to the buyer who works with intention and values a dedicated space that reflects their standards. Crown molding flows beautifully from room to room, a refined thread that connects every space in the home.

A KITCHEN DESIGNED FOR THE CULINARY ENTHUSIAST
 
The gourmet kitchen is a chef's dream: a professional-grade Thor six-burner gas range with griddle, GE Profile refrigerator, and whisper-quiet Bosch dishwasher. The space flows seamlessly through a sophisticated wet bar near the entry -- setting the stage for effortless entertaining -- and into the family area, creating the true heart of the home where culinary creativity meets comfortable conversation.

A sun-drenched breakfast nook with direct access to the lanai invites morning light and sweeping views of the 4th green and fairway. This is the spot you will return to every single day.

WELLNESS BY DESIGN -- DESIGNED FOR LIFE, NOT JUST LIVING
 
Every square foot of this 4,050-square-foot home serves a purpose. McGee's guiding philosophy -- leave nothing unusable -- manifests throughout: a central vacuum system, tankless water heater, abundant storage, and a study nook tucked thoughtfully down the hall.

The floor plan reflects what today's design world calls wellness living -- intentional zoning that honors the rhythms of daily life. The primary ensuite is a sanctuary unto itself: a three-tier drop-down ceiling with exquisite crown molding creates an atmosphere of calm luxury. Positioned near the heart of the home yet privately tucked away, the primary suite opens directly to the lanai -- where the 4th hole becomes your personal vista, equally suited to morning solitude or afternoon entertaining with friends.

The second ensuite bedroom anchors the main level with quiet elegance, while a private ensuite bedroom upstairs provides the perfect retreat for guests, teenagers, or multigenerational family seeking their own sanctuary. Every bedroom, its own world.

PRACTICAL LUXURY, EXTRAORDINARILY EXECUTED
 
Built in 2018 with intention and foresight, this home offers dual two-car garages -- four total bays, a true rarity that speaks to practical luxury. Space for the cars, the gear, and the golf cart. Yes -- a golf cart is included, giving you effortless access to Regatta Bay's marina, neighborhood amenities, shopping, waterfront dining, and the beautiful Destin beaches just minutes away.

Modern conveniences are woven throughout -- but it is the irreplaceable details that define this home: the artisan wall finishes, the custom wrought iron entry doors, the barrel-vaulted foyer, the architectural ceiling beams, the crown molding that flows from room to room, and the sight lines and flow that only come from true collaboration between builder and client.

This is what custom-built means: a home designed not for everyone -- but for someone who recognizes the extraordinary.

Schedule your private showing and discover the Regatta Bay home where architectural vision meets everyday elegance -- and where the Emerald Breeze will lead you home.
#995494

Destin

4575 Sailmaker Lane

3 Beds

3 Baths

4,050 Sq.Ft.

$2,000,000

MLS#: 995494

A rare and luxurious waterfront offering, this stunning lagoon-front residence sits on just under 1 acre, delivering privacy, breathtaking views, and an elevated coastal lifestyle. Encompassing 3,384 square feet, this 4-bedroom, 3.5-bath residence is filled with soaring ceilings, expansive windows, and an abundance of natural light that frames the serene lagoon from nearly every room. Designed for both elegant living and entertaining, the home features a remodeled kitchen that serves as the heart of the residence perfect for hosting gatherings while enjoying water views. Light pours into the living spaces, enhancing the open feel between indoor and outdoor living. The home offers three gas fireplaces, adding warmth and ambiance throughout. All windows and doors have been replaced with hurricane rated systems installed to current code. The roof was replaced in May of 2024 and includes a 10 year workman warranty.

The outdoor setting is equally impressive, highlighted by a large, private pool and a dock with the potential to create a custom boat oasis. Whether relaxing poolside or launching a day on the water, the backyard provides a tranquil and luxurious escape. The entire second floor is dedicated to the primary suite, offering a private retreat complete with a spacious bedroom, en-suite bath, and a private balcony that is great for enjoying a morning coffee or watching unforgettable sunsets over the lagoon.

Upon arrival, the home makes a striking first impression with a beautifully landscaped front yard, and mature trees. A 3-car garage offers generous space for vehicles or storage, adding both convenience and versatility. With its commanding waterfront presence, refined interior spaces, and exceptional outdoor potential, this extraordinary property presents a rare opportunity to own a truly refined lagoon-front retreat. 

Information contained within this listing such as lot dimensions, is deemed to be accurate but is not guaranteed. Buyer to verify.
#783869

Panama City

8127 N Lagoon Drive

4 Beds

3 Baths

3,384 Sq.Ft.

$2,000,000

MLS#: 783869

Located in the east peninsula of Draper Lake Coastal Village, this lakefront property sits adjacent to a scenic path tracing the shoreline of Draper Lake on its way to one of two community docks situated directly on the south side of the lot. With only one immediate neighbor, and buffered by the green area to the west, it offers exceptional privacy. Set so close to the dock, neighborhood amenities on either gated peninsula are within easy reach. Closest is one of two pools whose pavilions with outdoor fireplaces are appointed with comfortable, high quality outdoor furniture.
#905848

Santa Rosa Beach

4 Dock Trail Lane

1 Beds

1 Baths

621 Sq.Ft.

$2,000,000

MLS#: 905848

GREAT INVESTMENT OPPORTUNITY BEST SUITED FOR AN 8.7% CAP INVESTOR OR AN OWNER OCCUPIER INVESTMENT MODEL!!! The Bluewater Bay Commercial Center is located in the highly sought after area of Bluewater Bay. In addition to several national and regionally based anchor tenants, a grocery chain, and out parcels consisting of Banks, Medical Offices, and Drug Stores.
#609774

Niceville

4550 Hwy 20

None Beds

None Baths

N/A

$2,000,000

MLS#: 609774

Designer Customized Show Home with Oversized Outdoor Living Spaces.

A crown jewel in every sense of the phrase, the exquisite homestead at 318 Cannonball Lane is a finely curated example of coastal elegance rarely found along the Emerald Coast. Built by Romair Homes as the original community showcase home, the property was then completely remastered over a three-year span to achieve new heights of craftsmanship and detail, embodying the luxe lifestyle that golf course living in WaterSound Origins affords.

The Cape Cod-inspired floor plan provides plentiful natural light and accenting crisp whites, creams and linen hues and textures masterfully paired with imported quartzite countertops, hand-scraped oak flooring and designer fixtures around every corner. Spanning nearly 3,300 square feet this four-bedroom home provides ample space and perfectly curated living areas, ideal for full-time living or a secondary property.

Upon entry to the home, the beautifully flowing foyer leads you to the inviting and worldly-inspired open living area. Outfitted from top to bottom by owner with the help of Abode Beach Interiors, the oversized space offers an adjacent locale to both the bulkhead-styled dining space and open concept kitchen. Finished with commercial-grade top-tier appliances, the kitchen provides details such as Carrara marble tiling, and a see-through china cabinet for an extra splash of coastal luxury. Also on the main level of the home is a breathtaking master suite with an ADA-friendly ensuite, custom drapery and French doors leading to the outdoor area fully finished with a pool, outdoor shower, spa, paver sunning deck, covered outdoor fireplace and alfresco dining area. Weather-resistant decking & marine-grade exterior fixtures ensure durability is a priority throughout the property. A green screen of lush vegetation provides solace from the golf course.

The main level of the home also features plentiful storage, a home office, portrait window breezeway and access to the fully heated and cooled two-car garage.

Upstairs, a second living space offers endless possibilities, while three additional guest bedrooms all with ensuite baths and a bunkroom offer unparalleled privacy, convenience and solidarity. Timeless tile, flooring and fixture selections are showcased throughout the home to ensure your investment is always in style, while designer lighting and perfectly painted interiors allow you to live your best life.
#874611

Inlet Beach

318 Cannonball Lane

4 Beds

4 Baths

3,134 Sq.Ft.

$2,000,000

MLS#: 874611

''Sand Dollar on the Sea'' --SOLD!
#854431

Miramar Beach

80 Norwood Drive

8 Beds

7 Baths

7,000 Sq.Ft.

$2,000,000

MLS#: 854431

This gorgeous 3BR / 3BA Villa is perfectly situated on the 15th floor of Grand Dunes II and offers incredible views of the Gulf, the beautiful white sandy beaches of South Walton and the Bay. All bedrooms have water views from this incredible unit!
This Villa has recently been upgraded & remodeled by one of the Top Designers in the area and it shows! Upgrades include: New Quartzite countertops in the kitchen and laundry area, fresh paint throughout including cabinets, new marble backsplash in the kitchen, Brizo faucets in kitchen & laundry, new flush mount LED can lights, new lighting fixtures & ceiling fans, 8' interior solid wood doors leading to the Master & Gulf front guest, new bedding, new artwork, new Kohler toilets in all baths, central vac & new window treatments! Other features of this beautiful Villa are; Travertine flooring in all living areas, kitchen, baths and private foyer, new hardwood flooring in all bedrooms, New HVAC Condenser installed in 2017, new Handler installed in 2020 with "APP" controlled Thermostat, "premium" stainless steel appliance package which includes a 5 burner natural gas cooktop, GE  "Monogram" fridge, U-Line Icemaker & double ovens. Master bedroom offers "His & Hers" walk in closets w/ wood shelving, seating area & trayed & coffered ceilings. Master bath offers: dual granite vanity, separate shower, jetted tub & water closet, all with travertine surround. Villa also offers an 11' deep Gulf front balcony with over 350 sq.ft of space that includes a "Blaze" built-in natural gas grill, balcony furniture & bar and all protected by "Hurricane Shutters".
Grand Dunes offers: "Super Quiet Interiors", 24 hour security, gated entry, lush landscaping, 3 levels of gated underground parking for owners, semi-private elevators leading into your private foyer, Owner's Lounge with Fitness Room, Over-flow suites for guests, 200' of deeded beach, a Lagoon Style Gulf front pool area with Hot Tub and Beach Service.

Call to schedule your private viewing of this gorgeous Villa today!

"Grand Dunes is the Emerald Coast's Most Desired Rental Restricted Beachfront Development"
#910789

Miramar Beach

221 Scenic Gulf Drive 1530

3 Beds

3 Baths

2,490 Sq.Ft.

$2,000,000

MLS#: 910789

This Gulf View lot will offer the epitome of luxurious beach side living. With endless, unobstructed south westerly views, this lot will offer the best 30A has to offer. Come be introduced to and experience 30A's newest gated beachfront community..Grace Point.
#793778

Inlet Beach

Lot 3 Grace Point Way

None Beds

None Baths

N/A

$2,000,000

MLS#: 793778

RARE OPPORTUNITY *** LUXURY GULF FRONT CONDO*** PRIVATE NON-RENTAL BUILDING***STUNNING PANORAMIC VIEWS***EXPANSIVE BALCONY WITH BUILT- IN GAS GRILL***   BEAUTIFULLY UPDATED AND FULLY FURNISHED! RARELY DO THESE EXQUISITE HIGHLY COVETED, PRIVATE, GRAND VILLAS RESIDENCES COME ON THE MARKET. THIS IS TRULY QUALITY AT ITS FINEST! GRAND VILLAS IS RENTAL RESTRICTED PROVIDING PRIVACY AND SECURITY WITH A SEPARATE SECURITY GATE, PARKING AND PRIVATE AMENITIES INCLUDING A PRIVATE GULF FRONT POOL AND SPA SURROUNDED BY EXPANSIVE DECKS WITH AN ENTERTAINMENT BAR COMPLETE WITH ICE MAKER AND A BEAUTIFUL WALKWAY TO THE DEEDED BEACH. A CONVENIENT WALK-WAY LEADS DIRECTLY TO THE PRIVATE DEEDED BEACH WITH CHAIR AND UMBRELLA SERVICE. THIS RENTAL-RESTRICTED COMMUNITY INCLUDES PRIVATE SECURITY, A STATE-OF-THE-ART FITNESS CENTER. THERE IS ALSO A GRAND VILLAS COMMUNITY ROOM AND LAKESIDE FIREPIT AVAILABLE FOR YOUR SOCIAL EVENTS. NEVER WORRY ABOUT PARKING YOU WILL ENJOY THE PRIVATE COVERED PARKING FOR GRAND VILLAS RESIDENTS ONLY.  
THE SPECTACULAR GULF VIEWS ACROSS THE ENTIRE BACK OF THE CONDO WELCOME YOU TO THIS LOVELY CONDO. STEP OUT THE DOUBLE SLIDING GLASS DOORS TO THE EXPANSIVE BALCONY WITH YOUR OWN COOKING SPACE INCLUDING A BUILT- IN GAS GRILL, BREAKFAST BAR CONVENIENTLY ACCESSIBLE BY THE KITCHEN WINDOW THAT SLIDES OPEN LIKE A BALCONY DOOR, MAKING IT EASY TO PASS FOOD AND COOKWARE BACK AND FORTH.  LOCATED IN THE FABULOUS HIDDEN DUNES BEACH AND TENNIS RESORT. HIDDEN DUNES IS KNOWN FOR THE VIEWS... THE RESORT IS FLANKED ON BOTH SIDES BY SINGLE FAMILY HOMES. THERE ARE NO TOWERS TO OBSTRUCT YOUR VIEW ALLOWING FOR INCREDIBLE VIEWS FROM YOUR LIVING ROOM, KITCHEN, AND MASTER SUITE. YOU WILL SEE THE SUN RISE, THE DOLPHINS PLAYING, THE SUN SETTING, AND THE SEASONAL FIREWORKS SHOW ALL FROM YOUR LARGE PRIVATE BALCONY. THE LOCATION IN THE BUILDING IS IDEALLY SITUATED ON THE 7TH FLOOR IN THE VERY DESIRABLE 40 STACK WHICH IS THE SECOND UNIT FROM THE WESTERN CORNER OF THE BUILDING ENSURING FOREVER VIEWS OF THE GULF AND WESTERN SUNSETS. 
THE ENTIRE HOME WAS COMPLETELY REMODELED IN 2008 WITH HIGH-END FINISHES AND MANY CUSTOM TOUCHES. THE CUSTOM INTERIOR WALLS ARE PAINTED, AND HAND GLAZED, THE MASTER AND JR MASTER EN-SUITE BATHS ARE BOTH FINISHED WITH CUSTOM VENETIAN PLASTER AND FINISHED IN THE MOST SOOTHING HUES. THE ENTIRE HOME HAS SURROUND SOUND, CROWN MOLDING AND RECESSED LIGHTING. THE HOME CONVEYS FULLY FURNISHED. THE ONLY EXCEPTION IS THE OIL PAINTING IN THE DINING AREA.  THE UNIT AND THE ENTIRE BUILDING HAS THE HALO LEAK DETECTION SYSTEM HTTPS://WWW.ENCOELECTRONICS.COM/NEW-INDEX-1
THE LIVING, DINING & KITCHEN AREA FLOW SEAMLESSLY TOGETHER.  THE KITCHEN HAS CUSTOM CABINETRY, BEAUTIFUL GRANITE COUNTERTOPS AND HIGH-END APPLIANCES ALL PANELED TO MATCH THE CABINETS. THE APPLIANCE PACKAGE INCLUDES A SUB-ZERO REFRIGERATOR, AND TWO DISHWASHER DRAWERS AND DACOR GAS COOKTOP AND OVEN.  THE LARGE LIVING AREA HAS A DEDICATED BAR AREA WITH MATCHING CABINETRY AND A WINE COOLER.  THE MAIN LIVING AREA HAS A CUSTOM FIREPLACE WITH CERAMIC LOGS SURROUNDED BY CUSTOM CRAFTED BOOKSHELVES AND CABINETRY ON EACH SIDE OF THE FIREPLACE. THE LIVING AREA FEATURES BEAUTIFUL FURNISHINGS AND REMOTE-CONTROLLED HUNTER DOUGLAS LIGHT-DIFFUSING SHADE TO PROVIDE UV PROTECTION WHEN YOU ARE AWAY. THE SPLIT FLOOR PLAN IS PERFECT FOR PRIVACY WITH THE MASTER SUITE OFF THE MAIN LIVING AREA.
YOU WILL WAKE EACH MORNING IN THE MASTER SUITE THAT BOASTS A WALL OF WINDOWS TO FRAME THE DRAMATIC VIEW OF THE GULF.THERE IS ACCESS TO THE BALCONY, SPACIOUS WALK-IN CLOSET, RELAXING TUB, BEAUTIFULLY TILED SHOWER, GRANITE COUNTERTOPS AND DOUBLE VANITIES. ACROSS THE LIVING AREA THERE ARE 2 GUEST BEDROOMS BOTH WITH AN EN-SUITE BATH. YOU WILL ALSO ENJOY A SEPARATE LAUNDRY ROOM, AND A SPACIOUS CLOSET IS JUST OUT  SIDE YOUR  FRONT DOOR FOR ADDITIONAL STORAGE.

HIDDEN DUNES IS A LOW DENSITY, GATED, BEACH FRONT RESORT CONSISTING OF 27 MANICURED ACRES WITH AN ABUNDANCE OF MANICURED MATURE NATURAL VEGETATION, WALKING PATHS, LIGHTED FOUNTAINS AND POOLS. THIS BEACHFRONT DEVELOPMENT OFFERS A PROFESSIONAL TENNIS FACILITY WITH 6 RUBICO COURTS AND A PRO-SHOP, IN SEASON TRAM SERVICE, LIGHTED BASKETBALL COURT AND PICKLE BALL COURT, HORSESHOE PITS, 4 POOLS, 3 HOT TUBS, BB GRILLS, WORKOUT FACILITY, AND 24 HOUR SECURITY. HIDDEN DUNES OFFERS A PRIVATE BEACH WITH SEASONAL BEACH SERVICE. HIDDEN DUNES IS RECOGNIZED AS ONE OF THE MOST FINANCIALLY STRONG HOA'S IN NW FLORIDA.
THIS WILL SELL QUICKLY HURRY TO MAKE YOUR LIFETIME MEMORIES WITH YOUR FAMILY AND FRIENDS ON THE QUIET SUGAR SAND BEACHES OF GRAND VILLAS AT HIDDEN DUNES.
#891840

Miramar Beach

740 Grand Villas Drive 740

3 Beds

3 Baths

2,005 Sq.Ft.

$2,000,000

MLS#: 891840

''This Estate Home is being sold via a Live Auction to be held on Thursday, December 5, 2019. The List Price is the Minimum Bid Price at the Auction plus a 10% Buyer's Premium.''. Situated on 1.6 acres in the Preserve on the Bay. Most prestigious address in Bay County. Ultimate Security (9 foot electronic gates within the gated community) 90 zone security system with 13 Streaming and recorded video cameras. 11'2 ceilings through the home. The Grand Entrance is custom glass inlaid with brass casing. Imported and hand crafted Brazilian Mahogany. 3 cm solid marble tread and stairs. Over $550,000 in custom wood trim and cabinetry. A music room with soaring ceilings. A Ballet Room, sunken living room with couffered ceiling and alabaster lighting. Tennis Court, Swimming Pool, hot tub, and four
#790148

Panama City Beach

3703 Preserve Bay Boulevard

6 Beds

8 Baths

10,922 Sq.Ft.

$2,000,000

MLS#: 790148

Entered for Comp purposes only
#903345

Inlet Beach

112 Sawbuck Drive

4 Beds

4 Baths

2,958 Sq.Ft.

$2,000,000

MLS#: 903345

All measurements are deemed accurate and should be verified by the buyer. Sale put in for comp. purposes .
#902228

Santa Rosa Beach

28 E Watercolor Boulevard UNIT 201

2 Beds

2 Baths

1,340 Sq.Ft.

$2,000,000

MLS#: 902228

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* Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request. © 2024. First Multiple Listing Service, Inc.
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