Frederica Drive

Alford FL 32420

46522 sq. ft.

Land

Last sold for $8,500

Rebecca Allen, last sold this property on 13 November 2025 after 35 days on market.

Overview

Discover your slice of Florida paradise with this 1.07 -acre lot in the desirable Compass Lake subdivision! Nestled in a community rich with amenities and outdoor adventure, this property offers the perfect setting for your dream home or weekend getaway. Compass Lake residents enjoy a clubhouse with pool and a unique on-site German restaurant serving lunch and dinner. The community also features tennis courts, horse stalls, and even frisbee golf for endless fun. Outdoor enthusiasts will love having access to two beautiful lakes: McCormick Lake, a private lake exclusively for residents, and Compass Lake, the larger of the two, located near the clubhouse. Compass Lake is ideal for motorized boating, jet skis, kayaking, fishing, and more—with a boat dock for easy access. By the water, you'll also find a lively snack shack, called The Cove, that hosts live music, making it a perfect place to relax after a day on the lake. With plenty of room to build and so much to explore, this property blends privacy with community living. Don't miss your chance to own land in one of North Florida's most versatile recreational communities! Located within 7 miles of I 10, 30 minutes from Panama City and 40 minutes to Dothan, AL. *Please note: some amenities charge a fee, unless you choose to become a member which cost $135 a year.

Features

46522 sq. ft. lot size

Land

Estimated Value

Based on this property and similar land plots sold in Alford over the last 12 months, the estimated median property value of Frederica Drive is $10.88k.

Median value

$10.88k

Estimated value range

$5k - $800k

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Alford. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for Frederica Drive

2025

Sold

$8,500

13 Nov 2025 by Rebecca Allen, of Florida Showcase Realty, LLC

2023

Sold

Undisclosed

15 Jun 2023 by Marilyn Mang, of PLATINUM HOMES AND LAND REALTY

2023

Sold

$8,000

15 Jun 2023 by Marilyn Mang, of NORTHSTAR FIRST PROPERTIES LLC

Happy sellers in Alford

We have insufficient information to provide an overview of customer satisfaction for Alford. Viewing the agent profiles, reviews and sales for Alford can provide insights for this location.