Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$1,400,000

  • For Sale
  • Active
  • Vacant Land
  • 2.75 Acres
See This Home
Save This Home
See This Home
Save This Home
Fantastic commercial parcel offered for sale. This 2.75 acre piece is ideally situated in the center of fast developing Freeport, Florida. The parcel is zoned C-1 commercial, allowing for a host of potential development opportunities from flex warehouse / office to lodging or dining. Ingress / egress to the parcel is available via roughly 100' of frontage on Joe Campbell Rd as well as around 254' of frontage on Marquis Way, a signaled intersection of US Hwy 331. Don't miss the unique commercial opportunity!

Full Property Details for 16463 S US Hwy 331 S

General

  • Price: $1,400,000
  • Taxes: $3,760 (2024)
  • Status: Active
  • Type: Vacant Land
  • Source: Emerald_Coast
  • MLS ID: 970132
  • Updated: 3/4/2025
  • Added to Site: 395 day(s) ago

Location

  • Area: 20 - Freeport
  • County: Walton
  • Subdivision: N/A
  • Driving Directions: 331 North to Marquis. Turn right at CEFCO, parcel behind CEFCO on left

School Information

  • Elementary School: Freeport
  • Middle School: Freeport
  • High School: Freeport

Utilities

  • Utility Description: Gas Available, Sewer Available

Lot Features

  • Lot Size (Acres): 2.75
  • Lot Dimensions: 255' x 427' x 92' x 68' x 158' x 370.9
  • Lot Features: Build To Suit, Cleared, Level, Survey Available
  • Zoning: City, Commercial

Financial Considerations

  • Price Per Acre: $509,090
  • Tax Amount: $3,760
  • Tax Year: 2024
  • Terms: Conventional

Disclosures and Reports

  • Legal Description: COM AT SW/C OF SEC, E 1207.20FT TO POB; CONT E 253.44FT, N 471.43FT TO CNTRLN OF GRADED ROAD, N 83 DEG 08'50''W 97.13FT, S 124.25FT, W 157.00FT, S 358.77FT TO POB. OR 2377-362 OR 2984-3954 OR 3297-4265
  • APN: 14-1S-19-23000-008-0051

Listed by The Premier Property Group and Mainsail Realty Company

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agents

— 16463 S US Hwy 331 S —

  • The Premier Property Group

  • Mainsail Realty Company

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 16463 S US Hwy 331 S

School District:Walton County School District
NameGradesDistance
Freeport Elementary School
15381 U.S. 331, Freeport, FL 32439
PK-50.3 mi
Freeport Middle School
360 Kylea Laird Drive, Freeport, FL 32439
6-81.2 mi
Freeport Senior High School
12615 U.S. 331, Freeport, FL 32439
9-124.9 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 16463 S US Hwy 331 S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/04/2025
Listed
$1,400,000
47.37%
MLS
8/01/2023
Sold
$950,000
—
Public Record
Get Price Alerts and Save Property
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 for 16463 S US Hwy 331 S

Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,761
—
$479,160
67%
2024
$3,761
68%
$287,496
-15%
2023
$2,241
102%
$336,458
269%
2022
$1,112
11%
$91,181
24%
2021
$1,006
—
$73,312
17%
2021
$1,006
13%
$62,791
3%
2019
$892
9%
$60,817
10%
2018
$819
-7%
$55,288
2%
2017
$879
21%
$54,038
1%
2016
$727
—
$53,473
—
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 for 16463 S US Hwy 331 S

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by The Premier Property Group and Mainsail Realty Company

Similar Properties near 16463 S US Hwy 331 S

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

10 N Co Hwy 395 N, Santa Rosa Beach, FL 32459 - Photo 1
$1,495,000

10 N Co Hwy 395 N  Santa Rosa Beach, FL 32459

  • Vacant Land
  • Active
  • 2.2
    Acres
62 W Wilson Street W, Santa Rosa Beach, FL 32459 - Photo 1
$1,400,000

62 W Wilson Street W  Santa Rosa Beach, FL 32459

  • Vacant Land
  • Active
  • 1.28
    Acres
13 13th St, Santa Rosa Beach, FL 32459 - Photo 1
$1,500,000

13 13th St  Santa Rosa Beach, FL 32459

  • Vacant Land
  • Active
  • 0.86
    Acres
632 N Church Street N, Santa Rosa Beach, FL 32459 - Photo 1
$1,475,000

632 N Church Street N  Santa Rosa Beach, FL 32459

  • Vacant Land
  • Active
  • 10
    Acres

Just Listed near 16463 S US Hwy 331 S

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

5009 Kendrick St, Panama City, FL 32404 - Photo 1 Just Listed
$220,000

5009 Kendrick St  Panama City, FL 32404

  • Single Family
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 2
    Total Baths
Listed by Alice de La Penha (850) 771-3150
121 Rusty Gans Dr, Panama City, FL 32408 - Photo 1 Just Listed
$979,500

121 Rusty Gans Dr  Panama City, FL 32408

  • Single Family
  • Active
  • Updated 2 days ago
  • 4
    Beds
  • 4
    Total Baths
Listed by Marina Grigoryan (850) 200-0834
4421 Mill Bayou Rd, Panama City, FL 32404 - Photo 1 Just Listed
$365,000

4421 Mill Bayou Rd  Panama City, FL 32404

  • Single Family
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 2
    Total Baths
Listed by Yvette Colona (850) 832-6893
4455 W 19th St, Panama City, FL 32405 - Photo 1 Just Listed
$180,000

4455 W 19th St  #16  Panama City, FL 32405

  • Townhouse
  • Active
  • Updated 2 days ago
  • 2
    Beds
  • 2
    Total Baths
Listed by Luisa Dick (850) 819-4049 and Alice de La Penha (850) 771-3150

Price Reduced near 16463 S US Hwy 331 S

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

3695 Cedar Park Dr, Panama City, FL 32404 - Photo 1 Price Reduced
-$5,100 (-1.32%)
$379,900
Open House

3695 Cedar Park Dr  Panama City, FL 32404

  • Single Family
  • Active
  • Updated 3 days ago
  • 3
    Beds
  • 2
    Total Baths
Listed by Luisa Dick (850) 819-4049 and Alice de La Penha (850) 771-3150
6906 S Lagoon Dr, Panama City, FL 32408 - Photo 1 Price Reduced
-$60,000 (-4.8%)
$1,190,000
Open House

6906 S Lagoon Dr  Panama City, FL 32408

  • Single Family
  • Active
  • Updated 4 days ago
  • 3
    Beds
  • 3
    Total Baths
Listed by Frank Trenholm (850) 774-8944 and Terra Sasser (850) 532-0992
2026 Baker Ct, Panama City, FL 32401 - Photo 1 Price Reduced
-$1,000 (-0.38%)
$258,900
Open House

2026 Baker Ct  #4  Panama City, FL 32401

  • Townhouse
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 3
    Total Baths
Listed by Janis Boatright (850) 866-9918
160 Lake Merial Blvd, Panama City, FL 32409 - Photo 1 Price Reduced
-$10,000 (-1.74%)
$565,000

160 Lake Merial Blvd  Panama City, FL 32409

  • Single Family
  • Active
  • Updated 16 hours ago
  • 4
    Beds
  • 3
    Total Baths
Listed by Eva Mullins (850) 527-3269

Recent Sales near 16463 S US Hwy 331 S

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

306 Revana Wy, Freeport, FL 32439 - Photo 1 Sold
$1,315,000

306 Revana Wy  Freeport, FL 32439

  • Single Family
  • Closed
  • 5
    Beds
  • 4
    Total Baths
  • 3,475
    Sq. Ft.
25 Caymus Cv, Freeport, FL 32439 - Photo 1 Sold
$1,243,700

25 Caymus Cv  Freeport, FL 32439

  • Single Family
  • Closed
  • 4
    Beds
  • 4
    Total Baths
  • 3,455
    Sq. Ft.
772 Bay Grove Rd, Freeport, FL 32439 - Photo 1 Sold
$1,200,000

772 Bay Grove Rd  Freeport, FL 32439

  • Single Family
  • Closed
  • 4
    Beds
  • 4
    Total Baths
  • 3,148
    Sq. Ft.
Lot 33 Reserve At Hammock Bay, Freeport, FL 32439 - Photo 1 Sold
$1,299,000

Lot 33 Reserve At Hammock Bay  Freeport, FL 32439

  • Vacant Land
  • Closed
  • 18.64
    Acres

16463 S US Highway 331 S, Freeport, FL 32439 (MLS# 970132) is a Vacant Land property with a lot size of 2.75 acres. 16463 S US Highway 331 S is currently listed for $1,400,000 and was received on March 04, 2025. Want to learn more about 16463 S US Highway 331 S? Do you have questions about finding other Vacant Land real estate for sale in Freeport? You can browse all Freeport real estate or contact a Coldwell Banker agent to request more information.

Tour this property