14874 US-331 BUS
Freeport, FL 32439
$4,000,000
Active
Description
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.
Listing details MLS# 989106
Location, Tax and Legal
- Area
- 20 - Freeport
- Sub area
- 2007 - Bay Grove
- Subdivision
- The Oaks of Freeport
- County
- Walton
- Parcel ID
- 10-1S-19-23000-004-0020
- Legal description
- See document for legal description due to length.
- Zoning
- Resid Multi-Family
General Property Info
- Property type
- Land
- Acreage
- 11.44
- Lot size (sq ft)
- 498326.4
- Lot dimensions
- 1030x509
Utilities
- Utilities
- Public Water
- Sewer
- Public Sewer
Schools
- Elementary
- Freeport
- Middle school
- Freeport
- High school
- Freeport
Remarks and Misc
- Directions
- Hwy 20 to Hwy 331