Prime Freeport Development
For Sale
$2,150,000
150 Marquis Way, Freeport, FL 32439
LAND - Freeport, FL
Property SizeContact for details
Lot Size4.05 Acres
Days on Market95
Property Features for 150 Marquis Way
General Information
Property type
Land
Property subtype
Other
Zoning
Commercial
Subdivision
Lafayette Creek Landing
Lot features
Level, Survey Available, Wetlands, Wooded
Elementary school
Freeport
Middle school
Freeport
High school
Freeport
Directions
. Take US-331 North toward Freeport 2. Turn left onto Hwy 20 West 3. Go 0.4 miles 4. Turn left onto Marquis Way (just past the light at 331/20) 5. Continue straight -- the property is along the Marquis commercial/industrial corridor
Standard status
Active
APN
15-1S-19-23000-038-0000
Lot size
4.05 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
210Ft E & W By 840Ft N & S In The Se/C Se1/4 Of Sec 15-1S-19 Db 112-534 Or 2740-673 Or 3197-2043 More Particularly Desc As:Com Se/Cor Sec 15-1S-19W For Pob;N 88 Deg 39'51
Tax Annual Amount
4371
Legal Description
210Ft E & W By 840Ft N & S In The Se/C Se1/4 Of Sec 15-1S-19 Db 112-534 Or 2740-673 Or 3197-2043 More Particularly Desc As:Com Se/Cor Sec 15-1S-19W For Pob;N 88 Deg 39'51
Listing Agency:
NBI Properties Inc
(850) 243-0007
Listed By:
Dustin Parkman · License #3307056
(850) 218-8408
Added: May 27
Changed: Jul 1
Last Checked: Aug 29 at 4:06PM
MLS# 1004055
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 4.05-acre property on Marquis Way in Freeport, FL, presents a development opportunity within a rapidly growing area. The parcel includes over $475,000 in prepaid water capacity fees that transfer with the sale. A current Development Order for a hotel provides flexibility for hospitality or mixed-use concepts. The site benefits from dual access via Marquis Way/311 and Highway 20 (Blue Ridge Parkway), with the Marquis connector extending west via bridge to Highway 83A South. The property is situated amid new development, including Hammock Bay, a 3,000-acre master-planned community. Nearby Owls Head is emerging as a mixed-use employment and commercial hub at the intersection of Hwy 331 and Hwy 20. Carr Farms represents a planned project in Walton County, with projections of up to 21,000 new homes and roughly 10 million square feet of commercial space at full build-out. These developments are expected to create sustained demand for lodging, retail, services, and commercial uses surrounding 150 Marquis Way.
Key Highlights
- 4.05‑acre development opportunity in Freeport's growth corridor.
- Includes over $475,000 in prepaid water capacity fees that transfer with the sale.
- Current Development Order for a hotel provides flexibility for hospitality or mixed‑use concepts.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
222
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 4.05-acre commercial land with prepaid utilities in Freeport, FL.
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 $2,150,000.
What are key features of this property?
This property features: 4.05‑acre development opportunity in Freeport's growth corridor.; Includes over $475,000 in prepaid water capacity fees that transfer with the sale.; Current Development Order for a hotel provides flexibility for hospitality or mixed‑use concepts.
