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$2,150,000 Just Listed
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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.
Full Property Details
Full Property Details for 150 Marquis Wy
General
- Price: $2,150,000
- Status: Active
- Type: Commercial
- Source: Emerald_Coast
- MLS ID: 1004054
- Updated: Today (5/27/2026)
- Added to Site: Today
Location
- Area: 20 - Freeport
- County: Walton
- Driving Directions: Take US-331 North toward Freeport 2. Turn left onto Hwy 20 West 3. Go 0.4 miles 4. Turn left onto Marquis Way (just past the light at 331/20) 5. Continue straight -- the property is along the Marquis commercial/industrial corridor
Lot Features
- Lot Size (Acres): 4.05
- Lot Size (Sq. Ft.): 176,418
- Lot Dimensions: 210 ft w x 840 ft d
- Zoning: Municipal
Disclosures and Reports
- 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
- APN: 15-1S-19-23000-038-0000
- Property ID: 15-1S-19-23000-038-0000
Listed by NBI Properties Inc
Get Pre-Approved Today
Schools
Schools serving 150 Marquis Wy
School District:Walton County School District
| Name | Grades | Distance |
|---|---|---|
Freeport Elementary School 15381 U.S. 331, Freeport, FL 32439 | PK-5 | 0.4 mi |
Freeport Middle School 360 Kylea Laird Drive, Freeport, FL 32439 | 6-8 | 1.1 mi |
Freeport Senior High School 12615 U.S. 331, Freeport, FL 32439 | 9-12 | 4.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 150 Marquis Wy
Date
Details
Price
Change
Source
5/27/2026
Listed
$2,150,000
2782.04%
MLS
11/28/2022
Sold
$74,600
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 150 Marquis Wy
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,570
—
$342,855
—
2024
$4,570
—
$343,667
—
2023
$4,580
413%
$345,293
436%
2021
$892
-82%
$64,389
-83%
2022
$4,837
442%
$372,657
576%
2021
$892
12%
$55,098
3%
2019
$793
1%
$53,480
1%
2018
$787
2%
$52,888
3%
2017
$770
9%
$51,498
-1%
2016
$705
-2%
$51,870
—
2015
$716
-2%
$52,074
-1%
2014
$732
-2%
$52,678
-2%
2013
$749
—
$53,583
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 150 Marquis Wy
150 Marquis Way, Freeport, FL 32439 (MLS# 1004054) is a Commercial property. 150 Marquis Way is currently listed for $2,150,000 and was received on May 27, 2026. Want to learn more about 150 Marquis Way? Do you have questions about finding other Commercial real estate for sale in Freeport? You can browse all Freeport real estate or contact a Coldwell Banker agent to request more information.

