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$480,000
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Property Description
.77 acres located on Business Highway 331, directly across from Freeport Elementary School, within the City of Freeport. Property features mixed-use zoning allowing for both residential and select commercial uses, subject to city approval and permitting. The 1,165 SF existing structure has been completely remodeled and is suitable for office, professional services, small retail, or owner-user occupancy. Additional storage building on site. High-visibility location offering flexibility for owner-users, investors, or future redevelopment in a growing Freeport market. Due to its mixed-use zoning, the property is also listed in the MLS under the Residential category (MLS 991530). Buyer to obtain all required permits for any change of use. All information to be verified by buyer during due diligence.
Full Property Details
Full Property Details for 15324 331 Bussiness
General
- Price: $480,000
- Status: Active
- Type: Commercial
- Source: Emerald_Coast
- MLS ID: 991531
- Updated: 12/18/2025
- Added to Site: 31 day(s) ago
Location
- Area: 20 - Freeport
- County: Walton
- Driving Directions: From Hwy 331 and Hwy 20 Intersection go west on Hwy 20 to Business 331. Go north and property will be on the left across from Freeport Elementary.Legal Description: COM NE COR OF NW4 OF SE4, RUN N 89 DEG 10 MIN 28 SEC W 1078.06 FT FOR POB & TO W
Lot Features
- Lot Size (Acres): 0.77
- Lot Dimensions: 100 x 310
Disclosures and Reports
- Legal Description: COM NE/C NW4 OF SE4 SEC 10-1S1 19W, N 89 DEG 10'28''W 1078.06FT TO POB & W SIDE OF HWY 331; ALONG ROW S 07 DEG 43'49''W 106.53FT, DPRT ROW N 89 DEG 10'28''W 280FT, N 00 DEG 20'08'' E 105FT, S 89 DEG 10'28''E 320FT TO POB. OR 1783-143 OR 2971-649 OR 2975-3041 OR 3225-22
- APN: 10-1S-19-23000-020-0000
Listed by Compass
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Schools
Schools serving 15324 331 Bussiness
School District:Walton County School District
| Name | Grades | Distance |
|---|---|---|
Freeport Middle School 360 Kylea Laird Drive, Freeport, FL 32439 | 6-8 | 0.6 mi |
Freeport Elementary School 15381 U.S. 331, Freeport, FL 32439 | PK-5 | 1.4 mi |
Freeport Senior High School 12615 U.S. 331, Freeport, FL 32439 | 9-12 | 3.6 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 15324 331 Bussiness
Date
Details
Price
Change
Source
12/18/2025
Listed
$480,000
—
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 15324 331 Bussiness
15324 331 Bussiness, Freeport, FL 32439 (MLS# 991531) is a Commercial property. 15324 331 Bussiness is currently listed for $480,000 and was received on December 18, 2025. Want to learn more about 15324 331 Bussiness? 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.

