Map location of 14874 US 331 BUS, Freeport, FL 32439
$4,000,000
Unlock Price Rating!

14874 Us 331 Bus, Freeport, FL 32439

 Contact

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.

Listing By: Hilary K Farnum-Fasth - Corcoran Reverie SRB flecar Realty.com
  • MLS# 989106
  • Date Listed11/06/2025
  • Days on Realty 42 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size 11.44 acres (498,326 sq. ft)
  • Sewer Public Sewer
  • Subdivision The Oaks of Freeport
  • Property Type
  • County Walton
  • Water Public

Exterior / Lot Features

  • Roof -
  • Lot Size Acres 11.44
  • Lot Size SQFT 498,326.40
  • Lot Features -

Directions

Hwy 20 to Hwy 331

Financial Considerations

Nearby Schools

Source: School Digger

Freeport Elementary School

Public • PK - 4 • Serves this home

0.43 mi

Distance

Freeport Middle School

Public • 5 - 8 • Serves this home

1.46 mi

Distance

Freeport Senior High School

Public • 9 - 12 • Serves this home

2.75 mi

Distance

Westonwood Ranch

Private • KG - 12

6.91 mi

Distance

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in FL / 32439

Source: Walkscore

3/100

Car-Dependent

Walk Score ®

28/100

Bikable

Bike Score ®

Overview

Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 3/100, Transit Score: 0/100, Bike Score: 26/100.

Points of Interest near 14874 US 331 BUS, Freeport, FL 32439

Frequently Asked Questions for 14874 US 331 BUS

Source: Realty.com

14874 US 331 BUS, Freeport, FL 32439 is a , Land property listed for $4,000,000 The property is - sq. ft with - bedrooms and 0 bathrooms

Realty.com has 21 photos of 14874 US 331 BUS.

The full address for this home is 14874 US 331 BUS, Freeport, FL 32439.

14874 US 331 BUS has been listed on Realty.com since Thu November 06, 2025

Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 3/100, Transit Score: 0/100, Bike Score: 26/100.

There are 3 schools assigned to this home. Check out the schools near 14874 US 331 BUS. Freeport Elementary School (Grades: PK - 4), Freeport Middle School (Grades: 5 - 8), Freeport Senior High School (Grades: 9 - 12)

Listing provided courtesy of: Corcoran Reverie Srb (tel: 850-231-5030)
Listing agent: Hilary Farnum-fasth (#E1345)

This content last refreshed on 2025-12-18 17:03:19. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 14874 US 331 BUS, Freeport, FL 32439 : MLS# 989106

Message
Tour
Chat