Zoned C-1 Neighborhood Commercial District within the City Limits of Oyster Creek, which also allows R-1 Permanent Dwelling Residence District & R-2 Multi-Purpose Residence District. Beautiful 7.5 Acres including almost 600 feet of water frontage on Oyster Creek (approximately 2 acres). Great fishing onsite or jump in your boat and travel the short distance to the Gulf Intracoastal Waterway. 5.5 Acres are located within the Levee System with road frontage on Levee Road/County Road 690, FM 523, and Tamanda Lane. Second story or structure built on pilings would offer a beautiful view of Oyster Creek. Great Opportunity located within minutes of most Freeport Area Industrial Plants for a home or business!