498,326 SqFt
498,326 SqFt
Key Details
Property Type Vacant Land
Sub Type Vacant Land
Listing Status Active
Purchase Type For Sale
Square Footage 498,326 sqft
Price per Sqft $8
Subdivision The Oaks Of Freeport
MLS Listing ID 989106
Lot Size 11.440 Acres
Acres 11.44
Lot Dimensions 1030x509
Property Sub-Type Vacant Land
Source Emerald Coast Association of REALTORS®
Property Description
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.
Location
State FL
County Walton
Area 20 - Freeport
Zoning Resid Multi-Family
Direction Hwy 20 to Hwy 331
Exterior
Utilities Available Public Water
Garage No
Building
Faces Hwy 20 to Hwy 331
Sewer Public Sewer
Schools
Elementary Schools Freeport
Middle Schools Freeport
High Schools Freeport
Others
Pets Allowed No
Tax ID 10-1S-19-23000-004-0020
Miscellaneous 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.
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