Ad #7846588
MLS #989106
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
Contact Information
Hilary K Farnum-Fasth
Hilary & Reverie
850-685-0171
Location
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.
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
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$4,000,000
--
Beds
--
Baths
--
Sqft
14874 US-331 BUS, Freeport, FL 32439
By contacting this agent you agree to these Terms and Conditions.
MLS# 989106
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.
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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
Mortgage Calculator
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.
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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