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150 Marquis Way
Freeport, FL 32439
150 Marquis Way · Land For Sale · 4.05 AC

Investment Highlights

  • Daily Traffic Count of 34,000

Executive Summary

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. Proposed plans are currently 30% complete

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Apartment Units
  • Hotel
  • Self Storage
Total Lot Size 4.05 AC
Zoning Municipal - Municipal

1 Lot Available

Lot

Price $2,150,000
Price Per AC $530,864.20
Lot Size 4.05 AC

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.

Property Taxes

Property Taxes

Parcel Number
15-1S-19-23000-038-0000
Land Assessment
$295,245
Improvements Assessment
$47,610
Total Assessment
$342,855
  • Listing ID: 40681139

  • Date on Market: 5/27/2026

  • Last Updated:

  • Address: 150 Marquis Way, Freeport, FL 32439

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