NOT LISTED FOR SALE

14874 331 Business Freeport, FL 32439

Estimated Value: $341,000 - $951,000

5 Acres
$100,305 Price per Acre
219,978 Sq Ft Lot

Last Sold April 19, 2024

Last sale price $2,225,000 $1,344 Per Sq Ft

Current estimated payment $2,727/month

25 Days on Market

About This Lot

As of April 2024

Multi Lots 1 & 2 combined. 11.44 acres zoned R-3 on business 331 D.O approved for 128 multi-family units Introducing an exceptional opportunity to own a prime piece of real estate on US Hwy 331 in the charming town of Freeport, FL. This expansive parcel of land is now available for those seeking a strategic investment or envisioning the perfect location for their next project. Situated on the bustling US Hwy 331.

Last Agent to Sell the Property

Anne Bender

Compass License #3510994 Listed on: 01/22/2024

Compass

Last Buyer's Agent

Hilary & Jacob

Corcoran Reverie SRB

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,136

Lot Details

  • 5.05 Acre Lot
  • Lot Dimensions are 1030x509
  • Property is zoned Resid Multi-Family

Schools

  • Freeport Elementary And Middle School
  • Freeport High School

Community Details

  • The Oaks Of Freeport Subdivision

Listing and Financial Details

  • Assessor Parcel Number 10-1S-19-23000-004-0020

Property Details

Property Type

Land

Est. Annual Taxes

$2,136

Lot Details

0

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 5.05
  • Lot Size: 1030x509
  • Subdivision Name: The Oaks of Freeport
  • Directions: Hwy 20 to Hwy 331
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Special Features: None

Utilities

  • Utilities: Public Sewer, Public Water

Schools

  • Elementary School: Freeport
  • High School: Freeport
  • Middle Or Junior School: Freeport

Lot Info

  • Lot Size Sq Ft: 219978.0
  • Parcel #: 10-1S-19-23000-004-0020
  • Zoning: Resid Multi-Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2135.8
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2024
Closed on
Apr 19, 2024
Sold by
Oaks Of Freeport Llc
Bought by
Mdc Development Group Llc
Seller's Agent
Anne Bender
Compass
Buyer's Agent
Hilary & Jacob
Corcoran Reverie SRB
List Price
$2,300,000
Sold Price
$2,225,000
Premium/Discount to List
-$75,000
-3.26%
Total Days on Market
25
Views
8
Current Estimated Value
$452,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,772,407
Avg. Annual Appreciation
-71.25%

Purchase Details

Closed on
Jun 9, 2023
Sold by
Jab Holdings Llc
Bought by
Oaks Of Freeport Llc

Purchase Details

Closed on
Jul 24, 2020
Sold by
Roberts Thomas H and The Thomas H Roberts Iii Trust
Bought by
Jab Holdings Llc

Purchase Details

Closed on
May 22, 2017
Sold by
Biel Reo Llc
Bought by
Roberts Thomas H and Thomas H Roberts Iii Trust

Purchase Details

Closed on
Sep 19, 2012
Sold by
Svm Development Llc and Hewitt Michael B
Bought by
Biel Reo Llc

Purchase Details

Closed on
Jul 13, 2012
Sold by
Svm Development Llc and Hewitt Michael B
Bought by
Biel Reo Llc

Purchase Details

Closed on
Nov 23, 2004
Sold by
Ward William D and Ward Mary Ella
Bought by
Beinvenue Homes Inc and Ftc Equities Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
5.66%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 22, 2004
Sold by
Bienvenue Homes Inc
Bought by
Svm Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
5.66%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mdc Development Group Llc $2,225,000 None Listed On Document
Oaks Of Freeport Llc $100 None Listed On Document
Jab Holdings Llc $330,000 None Available
Roberts Thomas H $325,000 Attorney
Biel Reo Llc -- Attorney
Biel Reo Llc -- None Available
Beinvenue Homes Inc $500,000 Mcneese Title Llc
Svm Development Llc $1,600,000 Dune Title Company Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Freeport Residential Llc $3,620,000
Previous Owner Svm Development Llc $1,600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2024 04/19/24 Sold $2,225,000 -3.3% $1,344 / Sq Ft
02/09/2024 02/09/24 Pending -- -- --
01/22/2024 01/22/24 For Sale $2,300,000 0.0% $1,389 / Sq Ft
01/15/2024 01/15/24 For Sale $2,300,000 -- $1,389 / Sq Ft
01/14/2024 01/14/24 Pending -- -- --
Source: Emerald Coast Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,741 $204,303 $198,406 $5,897
2023 $2,741 $204,303 $198,406 $5,897
2022 $3,454 $309,512 $220,231 $89,281
2021 $2,961 $219,004 $149,262 $69,742
2020 $2,604 $187,678 $126,338 $61,340
2019 $2,531 $182,966 $122,659 $60,307
2018 $2,487 $179,166 $0 $0
2017 $2,444 $175,475 $116,749 $58,726
2016 $2,378 $174,942 $0 $0
2015 $2,389 $173,728 $0 $0
2014 $2,424 $174,433 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2024

    Anne Bender

    Compass

    (850) 460-1738

    114 Total Sales

    Section Image

  • H

    Buyer's Agent in 2024

    Hilary & Jacob

    Corcoran Reverie SRB

See All Agents

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 939971

Emerald Coast Association of REALTORS®

APN: 10-1S-19-23000-004-0020

Florida Walton County Freeport 32439

14874 331 Business, Freeport, FL

This home is located at 14874 331 Business, Freeport, FL 32439 since 22 January 2024 and is currently estimated at $506,538, approximately $305 per square foot. 14874 331 Business is a home located in Walton County with nearby schools including Freeport Elementary School, Freeport Middle School, and Freeport Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Emerald Coast Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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