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150 Marquis Way, Freeport, FL 32439

$2,150,000

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List Price
$2,150,000
Days on Market
61
MLS#
1004055
Status
ACTIVE
Type
Land
Subtype
Unimproved Land
Lot Size
176,418
Neighborhood
S. of 20 to Hwy 331

Property 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.

Additional Information

Acres
4.05
Elementary 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
Lot Features
Level, Wetlands, Wooded
Middle School
Freeport
Neighborhood
S. of 20 to Hwy 331
Subdivision
Lafayette Creek Landing
Zoning
Commercial

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Calculator source: Real Geeks

Listing courtesy of NBI Properties Inc.

Vendor Member Number : 28166