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14874 Us-331 Bus, Freeport, FL 32439

Local realty services provided by:CENTURY 21 Ryan Realty
14874 Us-331 Bus,Freeport, FL 32439
$4,000,000
  • 11.44 Acres
  • Lots / Land
  • Active
Listed by: hilary k farnum-fasth
Office: corcoran reverie srb
MLS#:989106
Source:FL_ECAR

Price summary

  • Price:$4,000,000

About this home

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

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Home facts

  • Listing ID #:989106
  • Added:82 day(s) ago
  • Updated:January 28, 2026 at 06:16 PM

Structure and exterior

  • Lot area:11.44 Acres

Schools

  • High school:Freeport
  • Middle school:Freeport
  • Elementary school:Freeport

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$4,000,000
The information being provided by Emerald Coast Association Of REALTORS® is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Emerald Coast Association Of REALTORS®. CENTURY 21 Ryan Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Ryan Realty, a broker participant of Emerald Coast Association Of REALTORS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Emerald Coast Association Of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2026 Emerald Coast Association Of REALTORS®. All rights reserved.

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