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14874 US-331 BUS, Freeport, FL 32439

Freeport, FL 32439
  • MLS 989106

About this home

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.

Property details

Property typeUnimproved Land
StatusActive
Area20 - Freeport
SubdivisionThe Oaks of Freeport
CityFreeport
CountyWalton
Zip32439

Exterior & lot

Lot size11.44 acres
Lot dimensions1030x509

Schools

ElementaryFreeport
MiddleFreeport
HighFreeport

Community

DirectionsHwy 20 to Hwy 331

Data source: Emerald Coast Association of REALTORS®

Location

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