Description
Investors, have you checked out Freeport as a potential for securing your next investment opportunity? This property has many possibilities, while it is currently zoned Rural Village allowing for Neighborhood Commercial opportunities. Potentially, there may also be an option to zone this property General Commercial. Currently, steps are being taken by the owners to achieve the General Commercial Zoning. There are three full lots that include a 3 bedroom/2 Bathroom 2207 square foot brick home. The interior offers a spacious kitchen, large flex space, tastefully updated bathrooms, tile and laminate flooring, and an amazing wood burning fireplace with an exterior load option. There is currently a 300 foot well and septic tank in place (city water access available). Additionally, outside there is a covered patio, RV hanger, and greenhouse. The home also has a metal roof (20 years old), a tankless water heater (5 years old), and an HVAC (6 years old). The options for this property with its location in Freeport, and proximity to the bay make this a rare find! You may or may not know the City of Freeport is currently experiencing phenomenal growth!! I would urge you to act and get involved now! The city needs many businesses to support its incredible growth! There is an abundance of opportunity here!
As of 10/1/23, within the city limits of Freeport we have approx. 4,260 households (x 3 pph*) = 12,780; Residents just outside the city limits/within Freeport Service area; 4953 Households (x 3 pph*) = 14,859. All combined has the Total Freeport Community Population at 27,639. Notes from City of Freeport BIA meeting...*FDEP (person per household) multiplier: 3
We are not done yet!! There is much more to come... As of 10/1/23, there are 5,870 Single Family Residential Units approved*, 1,764 Multi-Family Residential Units approved*. This does not include the Master Planned Development units/square footage which has not yet been submitted for review.
Approved development orders issues for 2024 include the following:
-Custom Portable Buildings of the Panhandle
-Old Miami Residences - 6 Townhome Units
-Express Oil Change (5,673 sqft facility)
-Chelco (28,638 sqft Operations & Service Center Facility & 1000 sqft Storage building)
-Hwy 331 Retail Center (18,030 sqft retail, 7,727 sqft restaurant, 1,228 sqft outdoor seating, 2,155 sqft future drive-thru restaurant)
-Bay-Kissed Holiday Interest - Vending permit for tree sales
-Freeport Community Center (4,000 sqft)
-Genoa Landing Phase I (68 Townhomes Units)
-The Waters at Freeport Multi-Family Development (226 apts, 8,389 sqft of Clubhouse, 1,957 sqft pool, 1,200 sqft maintenance bldg)
-Freeport of Florida POP (350 sqft Presence Facility for Uniti Fiber)
2024 Subdivision Record Plats:
Single Family Owls Head Farms Phase 1-A (42 SF units)
Single Family Owls Head Farms Phase 1-B (148 SF units)
