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    Freeport, FL Apartment Buildings for Sale

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    Niceville, FL Santa Rosa Beach, FL Defuniak Springs, FL Point Washington, FL Ponce De Leon, FL Vernon, FL
    8-Unit Apartment Complex with Duplexes
    Updated: Apr 17
    8-Unit Apartment Complex with Duplexes

    248 Four Mile Road, Freeport, FL 32439

    $1,350,000
    6,016 sqft 1.00 AC lot
    8 total rental units configured as 4 duplex units
    Includes an additional 2 acres of high‑density R‑3 zoning allowing up to 14 units/acre
    Lot size of 1 acre plus total 6,016 square feet
    Built in 1985 with newly painted interior
    Brick construction with central air cooling and heat pump heating
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    Freeport, FL Multifamily Development Land
    Updated: Nov 6, 2025
    Freeport, FL Multifamily Development Land

    14874 US-331 BUS, Freeport, FL 32439

    $4,000,000
    11.44 AC lot
    Shovel‑ready: Includes Development Order (D.O.) approved for 128 apartment units, building plans, and surveys.
    Zoned R‑3 for multi‑family use on 11.44 acres (two combined parcels).
    Prime location on US Highway 331 in rapidly growing Freeport, Florida.
    Excellent visibility and accessibility along a bustling corridor.
    Close proximity to downtown Freeport, schools, shopping, and essential services.
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Freeport, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Northwest Florida Multifamily Investment Opportunity
    Northwest Florida Multifamily Investment Opportunity

    125 N Davis Lane, Defuniak Springs, FL 32433

    $5,579,500
    42,240 sqft 4.34 AC lot

    Well-maintained, renovated 55-unit multifamily property in Northwest Florida.

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    Renovated Multifamily Investment Opportunity
    Renovated Multifamily Investment Opportunity

    125 N Davis Ln, Defuniak Springs, FL 32433

    $5,579,500
    42,000 sqft

    55-unit multifamily property with 95% occupancy in Northwest Florida.

    View details
    Turn-Key Condominium Building Investment
    Turn-Key Condominium Building Investment

    179 S County Hwy 393 #1, Santa Rosa Beach, FL 32459

    $18,500,000
    29.00 AC lot

    Newly constructed, fully furnished 30-unit condominium building in Santa Rosa Beach.

    View details
    Turn-Key Condominium Investment Opportunity
    Turn-Key Condominium Investment Opportunity

    179 S County Hwy 393 #Building No. ONE, Santa Rosa Beach, FL 32459

    $18,500,000
    32,450 sqft 29.00 AC lot

    Newly constructed, fully furnished 30-unit condominium building in Santa Rosa Beach, Florida.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Ocean Springs Highway 90 Land
    Ocean Springs Highway 90 Land

    Bienville Blvd, Ocean Springs, MS 39564

    $675,000
    143,748 sqft 3.30 AC lot

    3.3 acre commercial land on Highway 90, Ocean Springs.

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    Waterfront Multifamily Land Parcel
    Waterfront Multifamily Land Parcel

    141 104TH Avenue, Treasure Island, FL 33706

    $2,225,000
    0.34 AC lot

    Waterfront residential lot on a canal with multifamily zoning allowing up to five units.

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    Greenville Development Opportunity: 1.33 Acres
    Greenville Development Opportunity: 1.33 Acres

    71 Salters Road, Greenville, SC 29607

    $650,000
    1.33 AC lot

    1.33 acre parcel suitable for multi-family development near downtown.

    View details
    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    View details

    Freeport, FL Apartment Buildings Market Trends and Statistics

    Explore 2 apartment buildings for sale in Freeport, FL on our real estate platform. These investment opportunities span a total of 6,016 square feet of properties for sale, with an estimated market value of $5,350,000.

    Sale prices for two-family homes in Freeport, FL start at $1,350,000, averaging $2,675,000, and reaching up to $4,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 15K
    Population Growth (5Y) +53.2%
    Median Household Income $77,500
    College Educated 38.6%

    High-Yield Neighborhoods for Investment

    Identify Freeport submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    32439 $2.7M

    Taxes & Financing

    Tax Rate (average for all types) 1.08%
    Property Tax per SF $29.08 per SF
    Tax Rate vs County Average 0.29 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Walton County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Walton County

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Freeport fall within the 50,000 to 100,000 square foot range.

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