Multifamily Development
For Sale
$1,399,000
Truman Lane, Freeport, FL 32439
Commercial for Sale, Freeport, FL
Property SizeContact for details
Days on Market81
Property Features for Truman Lane
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
Hwy 20 West to Madison street take left and development opportunity is down approximately 3/4 Mile onright hand side.
Subdivision
20 - Freeport
Standard status
Active
APN
15-1S-19-23000-033-0000
Taxes and HOA fees
Tax Description
LOT 3 BLK 24 DESC AS: COM 140 YDS N OF SE/C OF SW1/4 OF NW 1/4 SEC 15-1S-19W, N 99 YDS, W 99 YDS, S 99 YDS, E 99 YDS TO POB. OR 2641-4754 OR 3060-117 OR 3060-270 OR 3060-282 OR 3063-2351 OR 3115-3533
Legal Description
LOT 3 BLK 24 DESC AS: COM 140 YDS N OF SE/C OF SW1/4 OF NW 1/4 SEC 15-1S-19W, N 99 YDS, W 99 YDS, S 99 YDS, E 99 YDS TO POB. OR 2641-4754 OR 3060-117 OR 3060-270 OR 3060-282 OR 3063-2351 OR 3115-3533
Listing Agency:
Mainsail Realty Company
(850) 585-1284
Listed By:
Benjamin A Blumberg · License #3349780
(850) 585-4239
Added: Jul 1
Changed: Sep 11
Last Checked: Sep 19 at 2:06AM
MLS# 1007028
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.
Investment Insights
Based on property information with market context.
This commercial land tract is positioned for a multifamily development with capacity for 26 units. A development order is already in place, and the required water taps have been paid, providing key predevelopment steps for the next developer to advance the project.
Key Highlights
- Planned capacity for 26 multifamily units
- Development order already in place
- Water taps have been paid
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
207
Businesses Nearby
Explore this area
Business Placement
Demographics for 32439, FL
12,943
Population
6,772
Households
1.9
Avg Household Size
41
Median Age
30%
College-Educated
92%
High-School Grad
96.5 sq mi
ZIP Area
134
Density / Sq Mi
$77,500
Median Household Income
$40,358
Median Earnings
$1,657
Median Rent
$343,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Commercial land - Development order is in place, with water taps already paid for planned residential construction.
Where is this commercial land located?
The property is located at Truman Lane Freeport, FL.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: Planned capacity for 26 multifamily units; Development order already in place; Water taps have been paid
