150 Marquis Way
Freeport, FL 32439
$2,150,000
Active
Description
150 Marquis Way presents a rare 4.05-acre development opportunity in the heart of Freeport's explosive growth corridor. The property includes more than $475,000 in prepaid water capacity fees that transfer with the sale, offering immediate utility savings and development readiness. A current Development Order for a hotel provides flexibility for hospitality or mixed-use concepts. The site enjoys dual access from Marquis Way/311 and Highway 20 (Blue Ridge Parkway), with the Marquis connector extending west via bridge to Highway 83A South, ensuring strong regional connectivity.
This parcel sits amid major new development activity including Hammock Bay, a 3,000-acre master-planned community with thousands of existing homes and continuous residential expansion, anchors the population growth driving commercial demand along the Hwy 20 corridor. Nearby Owls Head is emerging as a major mixed-use employment and commercial hub, positioned at the crossroads of Hwy 331 and Hwy 20 and supported by new retail and industrial development activity. Further amplifying long-term absorption, Carr Farms represents one of the most significant planned projects in Walton County, with projections of up to 21,000 new homes and roughly 10 million square feet of commercial space at full build-out. Together, these developments form the backbone of Freeport's rapid transformation and create sustained demand for lodging, retail, services, and commercial uses surrounding 150 Marquis Way.
Listing details MLS# 1004054
Location, Tax and Legal
- Area
- 20 - Freeport
- Sub area
- 2005 - S. of 20 to Hwy 331
- County
- Walton
- Parcel ID
- 15-1S-19-23000-038-0000
- Legal description
- 210Ft E & W By 840Ft N & S In The Se/C Se1/4 Of Sec 15-1S-19 Db 112-534 Or 2740-673 Or 3197-2043 More Particularly Desc As:Com Se/Cor Sec 15-1S-19W For Pob;N 88 Deg 39'51
- Zoning
- Municipal
General Property Info
- Property type
- Commercial for Sale
- Acreage
- 4.05
- Lot size (sq ft)
- 176418
- Lot dimensions
- 210 ft w x 840 ft d
- New construction
- No
- Condition
- Proposed
Remarks and Misc
- Directions
- Take US-331 North toward Freeport 2. Turn left onto Hwy 20 West 3. Go 0.4 miles 4. Turn left onto Marquis Way (just past the light at 331/20) 5. Continue straight -- the property is along the Marquis commercial/industrial corridor