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$2,199,999
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Property Description
Price reduced. Accepting backup offers! On Business Highway 331 in Freeport, Florida. City of Freeport is recognized as one of the fastest growing cities in the State of Florida. Property consists of 15+ acres with approximately 750 feet of highway frontage of Business Highway 331. Zoned R-3 High Density Residential plus a flood zone rating of X will accommodate up to several units per acre for future development as per City of Freeport land use guidelines. City water, city sewer and power are available. Three schools, Freeport Elementary, Freeport Middle School and Freeport High School are located within 2 miles of this property. New middle school being built in Hammock Bay is less than 4 miles away. This property features a 2500 square foot custom home that has been meticulo maintained by the same family since it was constructed in 1973. Large open yard and grounds are ideal for large family gatherings, children and pets. Recent upgrades to the house include a complete renovation to the kitchen which includes new cabinets//countertops, flooring and appliances. Open floor plan includes a large family room, separate dining room, three bedrooms, 2 bathrooms and a large back porch/deck. New paint and flooring in most rooms. Roof is less than 10 years old, HVAC is less than 5 years old, hot water heater is approximately 5 years old. There are two large sheds that can accommodate multiple cars, boats, tractors and equipment. This unique house and acreage is located just 20 minutes from the Beaches of South Walton, 30 minutes from Eglin Air Force Base and only 15 minutes from Interstate 10 and DeFuniak Springs, Florida. Freeport Industrial Park with multiple businesses is located approximately 1/2 mile from this property. There are multiple parks and boat launch facilities for your recreational pleasures within minutes of this location.
Full Property Details
Full Property Details for 14034 331 Business
General
- Price: $2,199,999
- Taxes: $1,711 (2022)
- Status: Active
- Type: Single Family
- Source: Emerald_Coast
- MLS ID: 932565
- Updated: 1/9/2026
- Added to Site: 850 day(s) ago
Interior
- Rooms/Areas: Bedroom, Dining Room, Family Room, Full Bathroom, Kitchen, Master Bedroom, Utility Room
- Interior Features: Floor Tile, Floor Vinyl, Furnished - None, Newly Painted, Renovated, Walls Paneled, Washer/Dryer Hookup
- Appliances: Cooktop, Dishwasher, Disposal, Microwave, Oven Self Cleaning, Range Hood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Family Room: Family Room
- Kitchen: Kitchen
- Dining Room: Dining Room
- Utility Room: Utility Room
Additional Information
- Shared Amenities: Pets Allowed, TV Cable
- Improvements: Garage, House, Shed, Timber, Wooded
Exterior
- Exterior Features: Barn, Deck Open, Porch, Workshop, Yard Building
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking: Garage Attached
Location
- Area: 20 - Freeport
- County: Walton
- Subdivision: 03-1S-19-23000-005-0010
- Driving Directions: From Highway 20 take 331 Business Highway North @ 2.5 miles. Property is located on west side of 331.
School Information
- Elementary School: Freeport
- Middle School: Freeport
- High School: Freeport
Heating & Cooling
- Heating/Cooling: AC - Central Elect, Ceiling Fans, Double Pane Windows, Heat Pump Air To Air, Water Heater - Elect
Utilities
- Utility Description: Community Water, Electric, Phone, Public Sewer, TV Cable
Structural Information
- Architectural Style: Ranch
- Construction: Brick, Frame, Roof Composite Shngl, Slab, Trim Vinyl
- Stories/Levels: 1
- Square Feet: 1,810
- Sq. Ft. Source: County PA Records
- Year Built: 1973
Lot Features
- Lot Size (Acres): 15
- Lot Dimensions: 730 x 1120
- Street/Road Desc.: Paved Road, Private Road, U.S. Highway
- Lot Features: Addl Land Available, Level, Survey Available, Wooded
- Zoning: City, Commercial
Financial Considerations
- Tax Amount: $1,711
- Tax Year: 2022
- Terms: Conventional, VA
Disclosures and Reports
- Legal Description: N 65FT OF N1/2 OF N1/2 OF N1/2 OF SW1/4 OF NE1/4 W OF ST RD =83, ALSO: S 165FT OF S1/2 OF S1/2 OF S1/2 OF NW1/4 OF NE1/4 W OF ST RD =83 SEC 03-1S-19W OR 3181-1721 OR 3181-1723
- APN: 03-1S-19-23000-005-0010
Listed by Brannon Real Estate Services
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Schools
Schools serving 14034 331 Business
School District:Walton County School District
| Name | Grades | Distance |
|---|---|---|
Freeport Middle School 360 Kylea Laird Drive, Freeport, FL 32439 | 6-8 | 1.8 mi |
Freeport Elementary School 15381 U.S. 331, Freeport, FL 32439 | PK-5 | 2.6 mi |
Freeport Senior High School 12615 U.S. 331, Freeport, FL 32439 | 9-12 | 2.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 14034 331 Business
Date
Details
Price
Change
Source
11/28/2025
Price Reduced
$2,199,999
-12%
MLS
9/18/2023
Listed
$2,499,999
—
MLS
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 14034 331 Business
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,887
—
$306,629
34%
2024
$1,887
4%
$229,645
-2%
2023
$1,813
-10%
$233,506
59%
2021
$2,013
18%
$147,067
-36%
2022
$1,711
-15%
$228,679
79%
2021
$2,013
15%
$127,520
2%
2019
$1,751
2%
$124,861
2%
2018
$1,721
1%
$122,252
1%
2017
$1,704
4%
$120,714
—
2016
$1,633
—
$120,135
1%
2015
$1,632
-2%
$118,695
-1%
2014
$1,663
-1%
$119,671
-1%
2013
$1,687
—
$120,647
—
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 14034 331 Business
14034 331 Business, Freeport, FL 32439 (MLS# 932565) is a Single Family property with 3 bedrooms and 2 full bathrooms. 14034 331 Business is currently listed for $2,199,999 and was received on September 18, 2023. Want to learn more about 14034 331 Business? Do you have questions about finding other Single Family real estate for sale in Freeport? You can browse all Freeport real estate or contact a Coldwell Banker agent to request more information.

