14874 US-331 Bus Freeport, FL 32439
Listing Courtesy of: EMERALD COAST / Listed By: Hilary Farnum-Fasth, Corcoran Reverie

  14874 US-331 Bus Freeport, FL 32439

Active (298 Days)
$4,000,000 (USD)
11.44
ACRES
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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.

MLS #:
989106
Lot Size
11.44 acres
Type
Land
County
Walton County

Listed By

Hilary Farnum-Fasth, Corcoran Reverie
Source
EMERALD COAST
Last checked Aug 31 2026 at 6:35 AM GMT-0600
Bathroom Details
Subdivision
  • The Oaks Of Freeport
Utility Information
  • Utilities: Public Water
School Information
  • Elementary School: Freeport
  • Middle School: Freeport
  • High School: Freeport
Location
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Disclaimer: Information deemed reliable but not guaranteed. The information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2026 Emerald Coast Association of REALTORS Last Updated: 8/30/26 23:35
Vendor Number:29098