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13193 US-331 BUS - 22.17 Acres Freeport, FL 22.17 Acres of Residential Land in Freeport, FL 32439

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INVESTMENT HIGHLIGHTS

  • 22-Acre Fully Entitled Land Site
  • $1M+ Sewer Capacity Included
  • $1,900+ Average Rent For Comps
  • Approved Plans & Permits for 323 Units | Garden & Townhome
  • Minutes to Exclusive 30A Beaches

EXECUTIVE SUMMARY

The 22.17-acre site for sale has capacity for 323 potential units – 222 multifamily units and 101 townhomes. The land site is a part of a 500-acre, master-planned, mixed-use development, The Bluffs at Lafayette. The development offers a mixture of residential and commercial uses geared towards solving the market’s overall dearth of supply and limited workforce housing options.

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 22.17 AC

1 LOT AVAILABLE

Lot

Lot Size 22.17 AC

The 22.17-acre land site is situated in the charming city of Freeport, Florida. This growing area sits in the heart of Walton County. Despite its modest size, it offers a charming blend of rural tranquility and leisure living.

DESCRIPTION

Located just a short drive from the stunning beaches of 30A and the Emerald Coast, Freeport provides a more affordable alternative for those seeking proximity to the coast without the hefty price tag. Average effective rent in Freeport is roughly 33% cheaper than in Destin. Thanks to the idyllic beach towns and sparkling waters of the gulf, the hospitality industry flourishes in and around Freeport. The large-scale resorts, golf courses, and beach clubs maintain large numbers of staff providing top of the line services to the millions of annual visitors. Freeport offers a reprieve for employees servicing the robust tourist industry, as many of these people are priced out of the prohibitively expensive areas where they work, adding to the rental base.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 36-1N-19-17000-001-0020
  • 36-1N-19-17000-001-0030
Land Assessment
$121,334
Improvements Assessment
$0
Total Assessment
$121,334
  • Listing ID: 35776308

  • Date on Market: 5/7/2025

  • Last Updated:

  • Address: 13193 US-331 BUS, Freeport, FL 32439

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