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$2,199,999
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Property Description
Price reduced! Located on Business Highway 331 in Freeport, Florida this property consists of 15+ acres with approximately 750 feet of highway frontage on 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 is being built in Hammock Bay is less than 4 miles away. This property includes a 2500 square foot custom built home and two large sheds for vehicles, boats or equipment. This unique property 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 ais located approximately 1/2 mile from this property. There are multiple parks and boat launch facilities for recreational pleasure within minutes of this location.
Full Property Details
Full Property Details for 14034 US-331 BUS
General
- Price: $2,199,999
- Status: Active
- Type: Commercial
- Source: Emerald_Coast
- MLS ID: 977667
- Updated: 1/9/2026
- Added to Site: 309 day(s) ago
Location
- Area: 20 - Freeport
- County: Walton
- Driving Directions: From Highway 20 turn North onto Highway 331 Business. Travel 2.8 miles property is on the west side of Highway 331.
Lot Features
- Lot Size (Acres): 15
- Lot Depth: 1000
- Zoning: R-3
Disclosures and Reports
- Legal Description: 03-1S-19-23000-005-0010 and 03-1S-19-23060-000-0000 and 03-1S-19-23060-00A-0030 totaling approximately 15.025 acres.
- APN: 03-1S-19-23000-005-0010
Listed by Brannon Real Estate Services
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Schools
Schools serving 14034 US-331 BUS
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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 14034 US-331 BUS
Date
Details
Price
Change
Source
11/28/2025
Price Reduced
$2,199,999
-12%
MLS
5/30/2025
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.
Estimate the Cost
Estimate the Cost for 14034 US-331 BUS
14034 Us-331 Bus, Freeport, FL 32439 (MLS# 977667) is a Commercial property. 14034 Us-331 Bus is currently listed for $2,199,999 and was received on May 30, 2025. Want to learn more about 14034 Us-331 Bus? 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.

