14874 Us-331 Bus, Freeport, FL

$4,000,000

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11.44

Acres

Description of 14874 Us-331 Bus

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.

Legal Description

See document for legal description due to length.

Features of 14874 Us-331 Bus

MLS® # 989106
Price $4,000,000
Acres 11.44
Type Unimproved Land
Sub-Type Unimproved Land
Status Active

Community Information

Address 14874 Us-331 Bus
Area 20 - Freeport
Subdivision The Oaks of Freeport
City Freeport
County Walton
State FL
Zip Code 32439

Amenities

Utilities Public Sewer, Public Water

School Information

Elementary Freeport
Middle Freeport
High Freeport

Additional Information

Zoning Resid Multi-Family

Listing Details

OfficeCorcoran Reverie SRB

For more information call

(850) 325-0004

Listing Map

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