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.
Lot/land
Price cut: $155K (9/14)
$1,995,000
150 Marquis Way, Freeport, FL 32439
--beds
0baths
4.05Acres
Unimproved Land
Built in ----
4.05 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 146 days
- 34
- 1
Zillow last checked:
Listing updated:
Listed by:
Dustin Parkman 850-218-8408,
NBI Properties Inc
Source: ECAOR,MLS#: 1004055
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Lot
- Size: 4.05 Acres
- Dimensions: 210 x 840
- Features: Level, Survey Available, Wetlands, Wooded
Details
- Parcel number: 151S19230000380000
- Zoning description: Commercial
Community & HOA
Community
- Subdivision: Lafayette Creek Landing
Location
- Region: Freeport
Financial & listing details
- Tax assessed value: $342,855
- Annual tax amount: $4,371
- Date on market: 5/27/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/14/2026 | Price change | $1,995,000-7.2% |
Source: | ||
| 5/27/2026 | Listed for sale | $2,150,000+0% |
Source: | ||
| 4/9/2026 | Listing removed | $2,149,000 |
Source: | ||
| 2/19/2026 | Price change | $2,149,000+7.5% |
Source: | ||
| 2/12/2026 | Price change | $1,999,000-16.7% |
Source: | ||
| 8/18/2025 | Price change | $2,399,000-7.7% |
Source: | ||
| 7/18/2025 | Price change | $2,600,000+8.3% |
Source: | ||
| 6/9/2025 | Price change | $2,400,000+2.1% |
Source: | ||
| 5/15/2025 | Price change | $2,350,000+4.4% |
Source: | ||
| 4/16/2025 | Listed for sale | $2,250,000+2.3% |
Source: | ||
| 4/9/2025 | Listing removed | $2,200,000 |
Source: | ||
| 3/26/2025 | Price change | $2,200,000-6.4% |
Source: | ||
| 2/24/2025 | Price change | $2,350,000-2.1% |
Source: | ||
| 2/10/2025 | Price change | $2,400,000-7.7% |
Source: | ||
| 11/18/2024 | Listed for sale | $2,600,000+3385.3% |
Source: | ||
| 12/13/2022 | Sold | $74,600-81.3% |
Source: Public Record Report a problem | ||
| 12/30/2021 | Sold | $400,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,371 -4.4% | $342,855 -0.2% |
| 2024 | $4,571 -0.2% | $343,667 -0.5% |
| 2023 | $4,580 -5.3% | $345,293 -7.3% |
| 2022 | $4,837 +442.3% | $372,657 +514.9% |
| 2021 | $892 +9.1% | $60,608 +10% |
| 2020 | $817 +3.1% | $55,098 +3% |
| 2019 | $793 | $53,480 +1.1% |
| 2018 | $793 +0.7% | $52,888 +2.7% |
| 2017 | $787 +2.2% | $51,498 -0.7% |
| 2016 | $770 +9.2% | $51,870 -0.4% |
| 2015 | $705 -1.5% | $52,074 -1.1% |
| 2014 | $716 | $52,678 -1.7% |
| 2013 | -- | $53,583 -1.1% |
| 2012 | -- | $54,187 -1.1% |
| 2011 | -- | $54,791 -1.1% |
| 2010 | -- | $55,394 -1.2% |
| 2009 | -- | $56,061 -1.2% |
| 2008 | -- | $56,742 -0.6% |
| 2007 | -- | $57,058 +217.3% |
| 2005 | -- | $17,982 +3% |
| 2004 | -- | $17,458 +1.9% |
| 2003 | -- | $17,132 +2.4% |
| 2002 | -- | $16,730 +1.6% |
| 2001 | -- | $16,467 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 32439
Nearby schools
Schools provided by the listing agent
- Elementary: Freeport
- Middle: Freeport
- High: Freeport
Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






