Beautiful estate size waterfront lot backing up to Godwin Creek in the gated community of Magnolia Bay Estates, a 79 lot subdivision of which 26 are waterfront, with access to Alaqua Bayou, Choctawhatchee Bay and the Gulf of Mexico. Conveniently located to the booming town of Freeport, Hammock Bay, shopping, restaurants and only 20 minutes to Hwy 30A and the crystal sandy beaches of the Gulf of Mexico. Water, sewer tap, and utilities are at site ready to build the house of your dreams. Additional waterfront lot is available. All Information is deemed reliable but not guaranteed with the buyer to verify. Seller financing with flexible terms is available with adjusted pricing. Craft two home sites for your family or keep the other lot as an investment. You must visit these properties in person to take in the beauty of the vista. Erect a dock on Goodwin Creek and launch your boat or drop a fishing line to while away the day and maybe catch dinner. Perfect Location, Exceptional Investment Opportunity. Situated in a quiet, tranquil neighborhood, these properties are investor's dream. Convenience Amidst Nature's Best Only 7-10 mins from downtown Freeport and close to the following points of interest: Dining/Restaurants: 7-15 minutes - Bubba Jacks, Taco Bell, Waffle House, McDonalds, El Jacalito Mexican Restaurant, Dairy Queen Grill & Chill, Li's Hot Wok Chinese Buffet, The Oar House & Oyster Bar Historical Landmarks/Parks/Recreation: 5-10 minutes - Old Town Freeport, The Heritage Center of Freeport, Harry A. Laird Park, Prospect Park, Riverwalk Landing Cottages & RV Park, Fisherman's Boatyard, Alaqua Watersports, Chain Dragon Disc Golf Course, Freeport Regional Sports Complex Supermarket: 8-10 minutes - Publix Beaches: 30 minutes - Blue Mountain Beach, Grayton Beach Hardware and Auto Parts Stores: 10 minutes - Ace Hardware, O'Reilly Auto Parts, Advance Auto Parts, B & M Tire Center Schools: 5-10 minutes - First Steps Learning Academy, Freeport Middle School, Freeport Elementary School Storage Facilities: 6-12 minutes - Move It Self Storage, Freeport Mini Storage