14874 US-331 BUS Freeport, FL 32439
- Added:
- Nov 6, 2025
- Days on Market:
- 167
- Last Refresh:
- Apr 22 at 12:06 am
Property Features for 14874 US-331 BUS
General Information
- Property type
- Land
- Property subtype
- Other
- Zoning
- Resid Multi-Family
- Standard status
- Active
- APN
- 10-1S-19-23000-004-0020
- Lot size
- 11.44 Acres
Taxes and HOA fees
- Tax Description
- See document for legal description due to length.
Utilities
- Sewer type
- Public Sewer
Listing agent Hilary K Farnum-Fasth License #662303 (850) 231-5030
Listing office Corcoran Reverie SRB 5410 E Cnty Hwy 30A #103, Inlet Beach, FL (850) 231-5030
Listing date Nov 6, 2025
MLS# 989106
Listing URL
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.
Overview
Freeport, FL Multifamily Development Land
This 11.44-acre property in Freeport, Florida, consists of two combined parcels situated along US Highway 331. Zoned R-3 for multi-family use, the property has a Development Order approved for 128 apartment units, along with building plans and surveys. The location provides visibility and accessibility along the US Hwy 331 corridor, surrounded by residential and commercial areas. It is located minutes from downtown Freeport, local schools, shopping, and essential services, and is within easy reach of the Beaches of South Walton, Interstate 10, and Highway 98. This property presents a development opportunity in Walton County's market, where the demand for multi-family housing continues to rise.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial land
Map
- City
- Freeport
- County
- Walton
- State
- Florida
- Longitude
- -86.132061
- Latitude
- 30.51474
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - 11.44 acres with development order for 128 apartment units.
Where is this commercial land located?
The property is located at 14874 US-331 BUS Freeport, FL.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: 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.
