OUTSTANDING COMMERCIAL/MIXED-USE DEVELOPMENT OPPORTUNITY IN FREEPORT, FL. 37 (+/-) ACRES RAW LAND WITH "COMMERCIAL" FUTURE LAND USE DESIGNATION...GREAT POTENTIAL FOR VARIETY OF DEVELOPMENT PROGRAMS: HOTELS, RV PARK, RETAIL, SERVICE, OFFICE, MARINA, RESTAURANTS, RESIDENTIAL AND MANY MORE. APPROXIMATELY 850 LF ROAD FRONTAGE ON US 331 (PROGRAMMED TO BE 4-LANED) GIVES EXCELLENT EXPOSURE AND EASY ACCESS. US 331 IS THE ONLY CONTINUOUS ROAD CONNECTING ALABAMA TO THE BEACHES OF SOUTH WALTON...ALSO APPROXIMATELY 1000 LF ON LAGRANGE RD. NAVIGABLE ACCESS TO CHOCTAWHATCHEE BAY AVAILABLE VIA 2000 (+/-) LF FRONTAGE ON LAGRANGE BAYOU/RAMSEY BRANCH. PROPERTY IS ABOUT 35 MILES FROM THE NEW NORTHWEST FLORIDA BEACHES INTERNATIONAL AIRPORT OPENING IN MAY 2010. ALL PROPERTY LIES WITHIN FEMA FLOOD ZONES X OR AE (7) - APPROXIMATELY 9 ACRES IN WETLANDS (PRIMARILY ALONG WATERFRONT). PROPERTY APPRAISED FOR $10,000,000 IN OCTOBER 2008. SELLER IS MOTIVATED - BRING AN OFFER! ***NOTICE***BUYER SHOULD VERIFY ALL ALLOWABLE LAND USES, ENTITLEMENTS AND OTHER PROPERTY INFORMATION CITED IN THIS LISTING PRIOR TO ENTERING INTO ANY CONTRACT FOR PURCHASE. SEE ADDITIONAL DISCLAIMER BELOW.***