150 Marquis Way, Freeport, FL 32439

New Listing
$2,150,000
Property Type: Commercial for Sale Lot Size (sq. ft.): 176,418 Status: Active
Current Price: $2,150,000 List Date: 5/27/2026 Last Modified: 5/27/2026

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.

More Information MLS# 1004054

Contract Info

GCCMLS Number: 44954954 Listing Board: Emerald Coast List Date: 2026-05-27 List Price: $2,150,000

Location, Tax and Legal

Sub Area: 2005 - S. of 20 to Hwy 331 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

General Property Info

Listed on GCCMLS: Yes Vacant: Yes Immediate Occupancy: Yes Zoning: Municipal Acreage: 4.05

Listing Info, Tax & Legal

As Is: Yes

Remarks & Misc

Remarks: 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.

Class

Land: 1

Construction Status

Proposed: 1

Land

Property Type: Commercial

None

Current Price: $2,150,000

Status Change Info

Status: Active

Location Tax and Legal

Area: 20 - Freeport Street #: 150 Street Name: Marquis Street Suffix: Way State: FL Zip Code: 32439 County: Walton Parcel ID: 15-1S-19-23000-038-0000

Property Features

Class: Land Construction Status: Proposed
Listing Office: NBI Properties Inc
Last Updated: May - 27 - 2026
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.