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Residential > House
Active
11/06/2025
List Price
$4,000,000

14874 331 Business
Freeport, FL 32439

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  • 14874 331 Business, Freeport, FL 32439 is a 1 bed, 1 bath, 1,616 ft² house built in 1965 on a 11.440 acre lot. This house is currently on the market for $4,000,000, and it was last sold in 2020 for $330,000. The latest TopHap estimate of the house's value is $259,589.

    Property Valuations

    Latest estimates for 14874 331 Business based on TopHap automated valuation model (AVM).

    MLS Description

    The listing agent's description. Original Listing

    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 Agents

    The listing agent for 14874 331 Business is Hilary K Farnum-Fasth.

    Current Ownership

    Information about the current owner(s).

    Property History

    14874 331 Business has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

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    School Information

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    Neighborhood

    This property is located in 32439.

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    Copyright © 2025 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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