$2,600,000
For Sale

16740 US-331

Freeport, FL 32439
Browse 3 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Prime commercial location for development in Freeport.Highway 331 S is fast developing. It is the gateway to the beaches of Destin, 30A, and Panama City Beach.Zoned R3 which may include multi-family, hotels, self storage, etc. This site has a DO for a 84 unit hotel. Tap fees have been paid.Four+ acres measuring 210' x 840', located directly behind the new Publix Shopping Center. This property is also adjacent on the west side to the single family home development ''Lafayette Creek Landing''. Survey and environmental report located in documents tab. For contract purposes, the seller will allow 45 days due diligence, then closing within 15 days later.Buyer to verify all information.

  • Property Details
      • SubdivisionLafayette Creek Landing
      • Property SubtypeVacant Land
      • Lot Size210 x 840
      • Property TypePurchase
      • Elementary SchoolFreeport
      • Middle SchoolFreeport
      • High SchoolFreeport
      • Cost2600000
      • Taxes Annual$4,580
      • MLS #963274
      • MLS #963274
      • Taxes Annual Year2023

Location

Merle BrownReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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