Introducing an exceptional opportunity to own a prime piece of real estate in the rapidly growing city of Freeport, Florida. This expansive 11.44-acre property, consisting of two combined parcels, is ideally situated along US Highway 331 and is zoned R-3 for multi-family use. The property comes with a Development Order (D.O.) approved for 128 apartment units, along with building plans and surveys offering a rare, shovel-ready opportunity ideal for developers and investors alike. The location provides excellent visibility and accessibility along the bustling US Hwy 331 corridor, surrounded by a mix of residential and commercial growth. Just minutes from downtown Freeport, local schools, shopping, and essential services, the property is also within easy reach of the beautiful Beaches of South Walton, Interstate 10, and Highway 98.This is a prime development opportunity in one of Walton County's fastest-growing markets, where the demand for quality multi-family housing continues to rise. Inquire today to learn more. Buyer to verify all information deemed important.
Listed By
Agency Name: Corcoran Reverie SRB
Shown By
Agency Title: Beachy Beach Real Estate
Agency Phone: 850-233-4351
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14874 Us-331 Bus, Freeport, FL 32439.
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14874 Us-331 Bus, Freeport, FL 32439.
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14874 Us-331 Bus | MLS# 989106
This land located at 14874 Us-331 Bus, Freeport, FL 32439 is currently listed for sale with an asking price of $4,000,000. The property has approximately 11.44 Acres. Search Freeport real estate on www.beachybeach.com today.