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Ad #7846588
MLS #989106
Listing photo

Introducing an exceptional opportunity to own a prime piece of

14874 US-331 BUS, Freeport, FL 32439
$4,000,000
--Beds
--Baths
--Sqft
11.44Acres

About this property

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.

Property Features

0 Beds
0 Baths
0 Sqft
11.44 Acres
Walton County
The Oaks of Freeport Community

Additional Photos

Additional listing photo 1
Additional listing photo 2
Additional listing photo 3
Additional listing photo 4

Contact Information

Hilary K Farnum-Fasth

Hilary & Reverie

850-685-0171

Location

Map
Listing Agent: Hilary K Farnum-Fasth (License #: 662303) 850-685-0171
Broker: Hilary & Reverie 850-231-2850 Listing Site
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.
BeachHouse.com
Printed Aug 11, 2026

Photo Gallery

Introducing an exceptional opportunity to own a prime piece of - photo 1
Introducing an exceptional opportunity to own a prime piece of - photo 2
Introducing an exceptional opportunity to own a prime piece of - photo 3
Introducing an exceptional opportunity to own a prime piece of - photo 4
Introducing an exceptional opportunity to own a prime piece of - photo 5
Introducing an exceptional opportunity to own a prime piece of - photo 6
Introducing an exceptional opportunity to own a prime piece of - photo 7
Introducing an exceptional opportunity to own a prime piece of - photo 8
Introducing an exceptional opportunity to own a prime piece of - photo 9
Introducing an exceptional opportunity to own a prime piece of - photo 10
Introducing an exceptional opportunity to own a prime piece of - photo 11
Introducing an exceptional opportunity to own a prime piece of - photo 12
Introducing an exceptional opportunity to own a prime piece of - photo 13
Introducing an exceptional opportunity to own a prime piece of - photo 14
Introducing an exceptional opportunity to own a prime piece of - photo 15
Introducing an exceptional opportunity to own a prime piece of - photo 16
Introducing an exceptional opportunity to own a prime piece of - photo 17
Introducing an exceptional opportunity to own a prime piece of - photo 18
Introducing an exceptional opportunity to own a prime piece of - photo 19
Introducing an exceptional opportunity to own a prime piece of - photo 20
Introducing an exceptional opportunity to own a prime piece of - photo 21

$4,000,000

--
Beds
--
Baths
--
Sqft

14874 US-331 BUS, Freeport, FL 32439

By contacting this agent you agree to these Terms and Conditions.
Home Florida Freeport
Introducing an exceptional opportunity to own a prime piece of - photo 1
Introducing an exceptional opportunity to own a prime piece of - photo 2
Introducing an exceptional opportunity to own a prime piece of - photo 3
Introducing an exceptional opportunity to own a prime piece of - photo 4
Introducing an exceptional opportunity to own a prime piece of - photo 5
MLS# 989106
Acreage For Sale

Introducing an exceptional opportunity to own a prime piece of

$4,000,000

14874 US-331 BUS, Freeport, FL 32439

--
Beds
--
Baths
--
Sqft
11.44
Acres
$4,000,000
14874 US-331 BUS, Freeport, FL 32439
-- Beds
-- Baths
-- Sqft
11.44 Acres
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.
59 days
on BeachHouse.com
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Property Details

HOME DETAILS

0 Beds
0 Baths
0 Sqft
11.44 Acres

FINANCIAL & COMMUNITY

Walton County
The Oaks of Freeport Community

Location

Map
Open in Google Maps

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Ad Statistics

Ad Number
7846588
Viewed
53 times
Listing Status
Active
Added
Jun 13, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM

Listing Information

Data Source
Emerald Coast Association of Realtors
Source Property ID
989106
Listing Agent: Hilary K Farnum-Fasth (License #: 662303) 850-685-0171
Broker: Hilary & Reverie 850-231-2850 Listing Site
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.

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This consent applies even if you are on a corporate, state or national Do Not Call list. Dream Home Network Inc. may share information about your recent and future site activity with its affiliates and service providers (including real estate professionals such as Brokers, Listing Agents, Buyers Agents, and local referral partners) to help them better understand what I am looking for in a property. To opt-out at any time you can reply "STOP" or contact Dream Home Network Inc. at  csv@dreamhomenetwork.com.
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Alabama Alaska California Connecticut Delaware Florida Georgia Hawaii Louisiana Maine Maryland Mississippi New Hampshire New Jersey New York North Carolina Oregon Pennsylvania Rhode Island South Carolina Texas Virginia Washington
SERVICES
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Dream Home Network Inc.

is committed to ensuring digital accessibility and property listings for individuals with disabilities. All information provided is deemed reliable but is not guaranteed and should be independently verified. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. If you wish to report an issue or seek an accommodation, please let us know.

Dream Home Network Inc. Sells leads to DHN Realty Inc. who holds real estate brokerage licenses in Alabama. Listing agents will be sent notification copy of leads on their listings where Dream Home Network Inc. is provided listings via our Feed Provider as required.

© 1997 - 2026 BeachHouse.com
Part of Dream Home Network, Inc.
Last updated on 2026.08.11
Terms & Policy