14874 US-331 BUS, Freeport, FL 32439

Other
IDR Rp72,022,087,492
USD $4,000,000
Published on: 07 Nov 2025
Last updated on: 14 Jun 2026
14874 US-331 BUS, Freeport, FL 32439
14874 US-331 BUS, Freeport, FL 32439
14874 US-331 BUS, Freeport, FL 32439
+21
14874 US-331 BUS, Freeport, FL 32439
  • 21
Property ID: 110103362405
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LAND - Freeport, FL

14874 US-331 BUS, Freeport, FL 32439
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

Basic Info

Property Type
Other
Listing Status
Active
Land Size
46,296.08 m2
County
Walton
Parcel ID
10-1S-19-23000-004-0020
Provider
Emerald Coast Association of Realtors
Subdivision
The Oaks of Freeport
Brokerage Office Name
Hilary & Reverie
Brokerage Office Phone
(850) 231-2850
Neighbourhoods
The Oaks of Freeport
Address
14874 US-331 BUS, Freeport, FL 32439

Nearby Schools

TypeSchool nameDistrict name
HighFreeportNot available
ElementaryFreeportNot available
MiddleFreeportNot available
JuniorhighFreeportNot available
Contact Agent
Hilary K Farnum-Fasth
Corcoran Reverie SRB
5410 E Cnty Hwy 30A #103 , Santa Rosa Beach, FL 32459
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Hilary K Farnum-Fasth
5410 E Cnty Hwy 30A #103 , Santa Rosa Beach, FL 32459
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      Property ID: 110103362405

      Original Property ID: 3yd-ECARMLSFL-989106
      Data provided by Emerald Coast Association of Realtors, MLS #: 989106
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      Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.