14874 Us-331 Bus, Freeport, FL 32439

Freeport
Local realty services provided by:Better Homes and Gardens Real Estate Emerald Coast
14874 Us-331 Bus,Freeport, FL 32439
$4,000,000
  • 11.44 Acres
  • Lots / Land
  • Active
Listed by: hilary k farnum-fasth
Office: corcoran reverie srb
MLS#:989106
Source:FL_ECAR

Price summary

  • Price:$4,000,000

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...

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Home facts

  • Subdivision & Development:The Oaks of Freeport
  • Listing ID #:989106
  • Added:370 day(s) ago
  • Updated:November 12, 2026 at 09:16 AM

Structure and exterior

  • Lot area:11.44 Acres

Schools

  • High school:Freeport
  • Middle school:Freeport
  • Elementary school:Freeport

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$4,000,000
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