15348 US-331 BUS, Freeport, FL 32439

$955,000
Property Type: Commercial for Sale Lot Size (sq. ft.): 234,788 Status: Sold
Current Price: $1,299,000 List Date: 9/15/2024 Last Modified: 5/29/2025

Description

We are proud to offer this fantastic 5.39-acre development opportunity located in the heart of one of Florida's fastest growing cities. The city of Freeport - only 15 miles from the Gulf of Mexico - has worked diligently to keep the fast-paced growth compatible with the spirit of a small town. Zoned Residential / Commercial, the land uses are vast, with options ranging from apartment complexes to government buildings, hospitals, storage facilities, restaurants or retail! Presently, two properties have income-earning potential for your benefit. In addition, a usable woodworking shed and plenty of storage space convey. This 5.39-acre parcel comprises two lots, one 5.15 and the other .24 acres. Book your property tour today, and take advantage your development dream.

More Information MLS# 959174

Contract Info

GCCMLS Number: 30866874 Listing Board: Emerald Coast List Date: 2024-09-15 List Price: $1,299,000

Location, Tax and Legal

Sub Area: 2006 - N. of 20 to Hwy 331 Property Name: Development Oppurtunity Legal Description: BEG AT W SIDE OF SR #40 ON N 40 LINE OF NW4 OF SE4, RUN W 140 YDS, S 70 YDS FOR BEG, S 150 FT E 400 FT TO W SIDE OF SR 40, N 150 FT, W 400 FT TO POB OR 160-452; AND ALSO COM NE/C OF NW1/4 OF SE1/4 RUN N 89 DEG 10'28'W 1835.50 FT TO POB, S 00 DEG 58'58'W 186 FT S 67 DEG 37'24'E 473.65 FT, N 0 DEG 20'08'E 360 FT, N 89 DEG 10'28'W 437.50 FT TO POB OR 169-104; AND ALSO COM NE/C OF NW1/4 OF SE1/4, N89

General Property Info

Listed on GCCMLS: No Vacant: No Immediate Occupancy: Yes Lot Depth: 728 Zoning: RC: Res/Com Lot Frontage: 251 Future Land Use: MU - Mixed Use Acreage: 5.39

Listing Info, Tax & Legal

As Is: Yes

Remarks & Misc

Remarks: We are proud to offer this fantastic 5.39-acre development opportunity located in the heart of one of Florida's fastest growing cities. The city of Freeport - only 15 miles from the Gulf of Mexico - has worked diligently to keep the fast-paced growth compatible with the spirit of a small town. Zoned Residential / Commercial, the land uses are vast, with options ranging from apartment complexes to government buildings, hospitals, storage facilities, restaurants or retail! Presently, two properties have income-earning potential for your benefit. In addition, a usable woodworking shed and plenty of storage space convey. This 5.39-acre parcel comprises two lots, one 5.15 and the other .24 acres. Book your property tour today, and take advantage your development dream.

Class

Land: 1

Construction Status

Existing: 1

Land

Property Type: Commercial

Lot Features

Coastal Barrier Zone: No

None

Current Price: $955,000

Status Change Info

Status: Sold Under Contract Date: 2025-03-10 Sold Date: 2025-05-29 Sold Price: $955,000

Location Tax and Legal

Area: 20 - Freeport Street #: 15348 Street Name: US-331 BUS State: FL Zip Code: 32439 County: Walton Parcel ID: 10-1S-19-23000-008-0010

Property Features

Class: Land Construction Status: Existing
Listing Office: Ocean Reef Realty Inc
Last Updated: May - 29 - 2025
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.