14874 US-331 BUS, Freeport, FL 32439
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14874 US-331 BUS, Freeport, FL 32439
14874 US-331 BUS, Freeport, FL 32439
14874 US-331 BUS, Freeport, FL 32439
14874 US-331 BUS, Freeport, FL 32439
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14874 US-331 BUS Freeport, FL 32439

498,326 SqFt


UPDATED:

Key Details

Property Type Vacant Land

Sub Type Vacant Land

Listing Status Active

Purchase Type For Sale

Square Footage 498,326 sqft

Price per Sqft $8

Subdivision The Oaks Of Freeport

MLS Listing ID 989106

HOA Y/N No

Lot Size 11.440 Acres

Acres 11.44

Lot Dimensions 1030x509

Property Sub-Type Vacant Land

Source Emerald Coast Association of REALTORS®

Property Description

Introducing an exceptional opportunity to own a prime piece of real estate in the rapidly growing city of Freeport, Florida. This expansive 11.44-acre property, consisting of two combined parcels, is ideally situated along US Highway 331 and is zoned R-3 for multi-family use. The property comes with a Development Order (D.O.) approved for 128 apartment units, along with building plans and surveys offering a rare, shovel-ready opportunity ideal for developers and investors alike.

The location provides excellent visibility and accessibility along the bustling US Hwy 331 corridor, surrounded by a mix of residential and commercial growth. Just minutes from downtown Freeport, local schools, shopping, and essential services, the property is also within easy reach of the beautiful Beaches of South Walton, Interstate 10, and Highway 98.

This is a prime development opportunity in one of Walton County's fastest-growing markets, where the demand for quality multi-family housing continues to rise. Inquire today to learn more. Buyer to verify all information deemed important.

Location

State FL

County Walton

Area 20 - Freeport

Zoning Resid Multi-Family

Direction Hwy 20 to Hwy 331

Exterior

Utilities Available Public Water

Garage No

Building

Faces Hwy 20 to Hwy 331

Sewer Public Sewer

Schools

Elementary Schools Freeport

Middle Schools Freeport

High Schools Freeport

Others

Pets Allowed No

Tax ID 10-1S-19-23000-004-0020

Miscellaneous Introducing an exceptional opportunity to own a prime piece of real estate in the rapidly growing city of Freeport, Florida. This expansive 11.44-acre property, consisting of two combined parcels, is ideally situated along US Highway 331 and is zoned R-3 for multi-family use. The property comes with a Development Order (D.O.) approved for 128 apartment units, along with building plans and surveys offering a rare, shovel-ready opportunity ideal for developers and investors alike. The location provides excellent visibility and accessibility along the bustling US Hwy 331 corridor, surrounded by a mix of residential and commercial growth.


 Emerald Coast MLS - IDX
Listed by Hilary K Farnum-Fasth Corcoran Reverie SRB

Nearby Locations

Andy Beal

Andy Beal

Agent | License ID: 3558705

+1(850) 585-0642

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14874 US-331 BUS