$2,399,000
Freeport, FL 32439
MLS# 963274
1 / 3
Property Description
Prime commercial location for development in Freeport. Highway 331 S is fast developing. It is the gateway to the beaches of Destin, 30A, and Panama City Beach. Zoned R3 which may include multi-family, hotels, self storage, etc. This site has a DO for a 84 unit hotel. Tap fees valued at $400,000 have been paid! Four+ acres measuring 210' x 840', located directly behind the new Publix Shopping Center. This property is also adjacent on the west side to the single family home development ''Lafayette Creek Landing''. Survey and environmental report located in documents tab. For contract purposes, the seller will allow 45 days due diligence, then closing within 15 days later. Seller is also willing to entertain a land lease. Buyer to verify all information.
Details
Documents
Contract Info
Listing Board: Emerald Coast
List Price/Acre: 592345.68
List Date: 2024-11-08
List Price: $2,399,000
Location, Tax and Legal
Sub Area: 2005 - S. of 20 to Hwy 331
Elementary School: Freeport
Middle School: Freeport
High School: Freeport
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''W 210.00 FT BEING SE/COR LAFAYETTE CREEK LANDING PHS 1,N 01 DEG 58'16''E 840.00 FT,S 88 DEG 39'51''E 210.00 FT, S 01 58'16''W 840.00 FT TO POB. OR 3232-1146 OR 3275-2107
General Property Info
Sub-Type: Vacant Land
Acreage: 4.05
Mineral Rights: No
Listing Info, Tax & Legal
Is Subject Leased: No
Assessment Fees: No
New Buyer Fee: No
Last Taxes: 4580.23
Last Tax Year: 2023
Brokerage Interest: No Interest
As Is: Yes
Remarks & Misc
Remarks: Prime commercial location for development in Freeport.
Highway 331 S is fast developing. It is the gateway to the beaches of Destin, 30A, and Panama City Beach.
Zoned R3 which may include multi-family, hotels, self storage, etc. This site has a DO for a 84 unit hotel. Tap fees valued at $400,000 have been paid!
Four+ acres measuring 210' x 840', located directly behind the new Publix Shopping Center. This property is also adjacent on the west side to the single family home development ''Lafayette Creek Landing''. Survey and environmental report located in documents tab. For contract purposes, the seller will allow 45 days due diligence, then closing within 15 days later. Seller is also willing to entertain a land lease.
Buyer to verify all information.
Lot Features
Level: 1
Survey Available: 1
Wetlands: 1
Wooded: 1
Lot Access
City Road: 1
Paved Road: 1
Utilities
Electric: 1
Phone: 1
Public Sewer: 1
Public Water: 1
TV Cable: 1
Zoning
Commercial: 1
See Remarks: 1
Financing
Conventional: 1
None
Current Price: $2,399,000
Status Change Info
Status: Active
Location Tax and Legal
Street #: 150
Street Name: Marquis
Street Suffix: Way
Area: 20 - Freeport
State: FL
Zip Code: 32439
County: Walton
Project Name/Subdivision: Lafayette Creek Landing
Parcel ID: 15-1S-19-23000-038-0000
Property Features
Lot Access: City Road; Paved Road
Lot Features: Level; Survey Available; Wetlands; Wooded
Zoning: Commercial; See Remarks
Utilities: Electric; Phone; Public Sewer; Public Water; TV Cable
Financing: Conventional
Topo Survey 
Hotel Rendering Listing Office: RE/MAX by the Sea
Last Updated: August - 18 - 2025
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.
