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Harrison Lilly Team

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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150 Marquis Way , Freeport, FL 32439
$1,995,000
Est. Payment: $11,022.09/mo
4.05 Acres
Status: Active | Days on site: 110
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ENBI - E9467
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Harrison Lilly Team
Owner/Operator

House 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.

Highlights

Listed by Dustin Parkman , 850-218-8408 NBI Properties Inc , 850-243-0007. Emerald Coast Multiple Listing Services

Property Type

Commercial Sale

Lot/Acreage
4.05

County

Walton

Area

20 - Freeport

Listing ID

1004054

Questions about this listing?

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Interior Features

Exterior Features

Lot Dimensions:210 ft w x 840 ft d
Zoning:Municipal
Principal Interest
$11,022
Taxes
$1,272

Home Price

$1,995,000

Loan Details

30 yrs
7.374%

Down Payment

20%
$399,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$11,022.09

Principal

Taxes

Principal Taxes HOA Total
Monthly $11,022.09 $1,271.81 $0.00 $12,293.90
Yearly $132,265.05 $15,261.75 $0.00 $147,526.80
Total $3,967,951.55 $457,852.50 $0.00 $4,425,804.05

Today's Rates

30 Year

7.37%

20 Year

7.27%

15 Year

6.8%

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Market insight data is pulled from the same city as the listing being viewed (Freeport, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Emerald Coast Multiple Listing Services, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-07T04:14:31.000Z

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