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    150 Marquis Way Freeport, FL 32439

    For Sale
    $2,399,000

    LAND - Freeport, FL

    Lot size:
    4.05 Acres
    Days on Market:
    111
    Last Refresh:
    Dec 6 at 4:06 pm

    Property Features for 150 Marquis Way

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    15-1S-19-23000-038-0000
    Lot size
    4.05 Acres

    Utilities

    Sewer type
    Public Sewer

    Vantrease Properties IV LLC, dba RE/MAX BY THE SEA (850) 424-3674 [email protected]

    Listing agent Bobby Parish (850) 837-1880 License #3254043

    Listing date Aug 18, 2025

    Copyright © 2025 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 Commercial Land For Sale

    This commercial land is located in Freeport, Florida, situated along Highway 331 S, an area experiencing rapid development. The property is positioned as a gateway to the beaches of Destin, 30A, and Panama City Beach. The zoning is R3, which may accommodate multi-family developments, hotels, and self-storage facilities. A development order is in place for an 84-unit hotel. Tap fees valued at $400,000 have been paid. The site spans over four acres, with dimensions of 210 feet by 840 feet, and is located directly behind the new Publix Shopping Center. It is also adjacent to the single-family home development 'Lafayette Creek Landing' on its west side. Survey and environmental reports are available. The seller will allow 45 days for due diligence, followed by closing within 15 days. The seller is open to considering a land lease.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Spa & Massage Auto Repair Shop Hotel & Motel Gym & Fitness Department Store Storage Facility HVAC Service Discount Store Electrical Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Freeport
    County
    Walton
    State
    Florida
    Longitude
    -86.124489
    Latitude
    30.486752

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    FAQs

    What type of property is this?
    Commercial land - Prime commercial land in Freeport, near Destin and Panama City.
    Where is this commercial land located?
    The property is located at 150 Marquis Way Freeport, FL.
    What is the asking price?
    The asking price for this property is $2,399,000.
    What are key features of this property?
    This property features: - Prime commercial location on fast-developing Highway 331 S, the gateway to Destin, 30A, and Panama City Beach.; - Zoned R3, suitable for multi-family, hotels, self-storage, etc., with a DO for an 84-unit hotel.; - **Tap fees valued at $400,000 have already been paid.**
    (850) 837-1880
    Request Owner's contact information
    150 Marquis Way Freeport, FL 32439
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    Freeport, FL 32439
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    150 Marquis Way Freeport, FL 32439
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