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    Freeport, FL Apartment Buildings for Sale

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    Niceville, FL Santa Rosa Beach, FL Defuniak Springs, FL
    Freeport, FL Multifamily Development Land
    $4,000,000
    11.44 Acres
    Freeport, FL Multifamily Development Land

    14874 US-331 BUS, Freeport, FL 32439

    11.44 acres with development order for 128 apartment units.
    • 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.
    Updated: Nov 6, 2025
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 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
    $5,795,000
    42,240 SF
    Northwest Florida Multifamily Investment Opportunity

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

    125 N Davis Lane, Defuniak Springs, FL 32433

    View details
    Renovated Multifamily Investment Opportunity
    $5,895,000
    42,000 SF
    Renovated Multifamily Investment Opportunity

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

    125 N Davis Ln, Defuniak Springs, FL 32433

    View details
    Panama City Beach Condo
    $215,000
    608 SF
    Panama City Beach Condo

    Furnished 1-bedroom condo near beach and Pier Park.

    17462 Front Beach Road #42H, Panama City Beach, FL 32413

    View details
    Coastal Condo at Horizon South
    $275,000
    960 SF
    Coastal Condo at Horizon South

    Charming 2BR condo with resort amenities and rental potential.

    17462 Front Beach Road #35D, Panama City Beach, FL 32413

    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
    $675,000
    143,748 SF
    Ocean Springs Highway 90 Land

    3.3 acre commercial land on Highway 90, Ocean Springs.

    Bienville Blvd, Ocean Springs, MS 39564

    View details
    Waterfront Lot in Treasure Island
    $2,225,000
    0.34 Acres
    Waterfront Lot in Treasure Island

    Waterfront lot zoned for multifamily residential use in Treasure Island.

    141 104TH AVENUE, Treasure Island, FL 33706

    View details
    Greenville Development Opportunity: 1.33 Acres
    $699,900
    1.33 Acres
    Greenville Development Opportunity: 1.33 Acres

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

    71 Salters Road, Greenville, SC 29607

    View details
    Asheville Development Opportunity: 5.94 Acres
    $2,500,000
    5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

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

    215 N Bear Creek Road, Asheville, NC 28806

    View details

    Freeport, FL Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Freeport, FL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $4,000,000.

    Sale prices for two-family homes in Freeport, FL start at $4,000,000, averaging $4,000,000, 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 $4M

    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)

    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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