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$8,900,000 - 99999 Hwy 331, FREEPORT

-
Bedrooms
-
Baths
N/A
SQ. Feet
37
Acres

OUTSTANDING COMMERCIAL/MIXED-USE DEVELOPMENT OPPORTUNITY IN FREEPORT, FL. 37 (+/-) ACRES RAW LAND WITH "COMMERCIAL" FUTURE LAND USE DESIGNATION...GREAT POTENTIAL FOR VARIETY OF DEVELOPMENT PROGRAMS: HOTELS, RV PARK, RETAIL, SERVICE, OFFICE, MARINA, RESTAURANTS, RESIDENTIAL AND MANY MORE. APPROXIMATELY 850 LF ROAD FRONTAGE ON US 331 (PROGRAMMED TO BE 4-LANED) GIVES EXCELLENT EXPOSURE AND EASY ACCESS. US 331 IS THE ONLY CONTINUOUS ROAD CONNECTING ALABAMA TO THE BEACHES OF SOUTH WALTON...ALSO APPROXIMATELY 1000 LF ON LAGRANGE RD. NAVIGABLE ACCESS TO CHOCTAWHATCHEE BAY AVAILABLE VIA 2000 (+/-) LF FRONTAGE ON LAGRANGE BAYOU/RAMSEY BRANCH. PROPERTY IS ABOUT 35 MILES FROM THE NEW NORTHWEST FLORIDA BEACHES INTERNATIONAL AIRPORT OPENING IN MAY 2010. ALL PROPERTY LIES WITHIN FEMA FLOOD ZONES X OR AE (7) - APPROXIMATELY 9 ACRES IN WETLANDS (PRIMARILY ALONG WATERFRONT). PROPERTY APPRAISED FOR $10,000,000 IN OCTOBER 2008. SELLER IS MOTIVATED - BRING AN OFFER! ***NOTICE***BUYER SHOULD VERIFY ALL ALLOWABLE LAND USES, ENTITLEMENTS AND OTHER PROPERTY INFORMATION CITED IN THIS LISTING PRIOR TO ENTERING INTO ANY CONTRACT FOR PURCHASE. SEE ADDITIONAL DISCLAIMER BELOW.***

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Essential Information

  • MLS® #:
    537848
  • Price:
    $8,900,000
  • Acres:
    37.00
  • Type:
    Residential Land
  • Status:
    Active

Community Information

  • Address:
    99999 Hwy 331
  • Area:
    Freeport
  • Sub Area:
    06 FREEPORT
  • Subdivision:
    METES & BOUNDS
  • City:
    FREEPORT
  • County:
    WALTON COUNTY
  • State:
    FL
  • Zip Code:
    32439

Amenities

  • Utilities:
    Sewer Available
  • Is Waterfront:
    Yes
  • Waterfront:
    Bay, Bayou
  • Waterview:
    Bay, Bayou

Exterior

  • Lot Description:
    Irregular, Wetlands, Within 1/2 Mile Of Water, Wooded

School Information

  • Elementary:
    FREEPORT
  • Middle:
    FREEPORT
  • High:
    FREEPORT

Additional Information

  • Date Listed:
    May 15th, 2010
  • Days on Market:
    738

Listing Details

  • Listing Office:
    Andrews & Arnsdorff Realty

DISCLAIMER: Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2012, All rights reserved.

Listing information last updated on May 22nd, 2012 at 9:15am.