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$1,199,000
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Property Description
Investors what an opportunity ...Frontage on US HWY 331 with public water and sewer available in Freeport, one of the fastest growing areas in Florida. Current Rural Village zoning allows for many commercial business ventures including: Professional offices, restaurants, retail stores, medical offices, lodging, and several more options we can share with you. General Commercial zoning is an option if you choose to pursue it. This property includes three full lots with a 3 bedroom/2 Bathroom 2207 square foot brick home.(Potential Office Space) The interior offers a spacious kitchen, large flex space, tastefully updated bathrooms, tile and laminate flooring, and an amazing wood burning fireplace with an exterior load option. There is currently a 300 foot well and septic tank in place. Additionally, outside there is a covered patio, RV hanger, and greenhouse. The home also has a metal roof (20 years old), a tankless water heater (5 years old), and an HVAC (6 years old). The options for this property with its location in Freeport, and proximity to the bay make this a rare find! The city needs many businesses to support its incredible growth! As of 10/1/23, within the city limits of Freeport we have approx. 4,260 households (x 3 pph*) = 12,780; Residents just outside the city limits/within Freeport Service area; 4953 Households (x 3 pph*) = 14,859. All combined has the Total Freeport Community Population at 27,639. Notes from City of Freeport BIA meeting...*FDEP (person per household) multiplier: 3 We are not done yet!! There is much more to come... As of 10/1/23, there are 5,870 Single Family Residential Units approved*, 1,764 Multi-Family Residential Units approved*. This does not include the Master Planned Development units/square footage which has not yet been submitted for review. Approved development orders issues for 2024 include the following: -Custom Portable Buildings of the Panhandle -Old Miami Residences - 6 Townhome Units -Express Oil Change (5,673 sqft facility) -Chelco (28,638 sqft Operations & Service Center Facility & 1000 sqft Storage building) -Hwy 331 Retail Center (18,030 sqft retail, 7,727 sqft restaurant, 1,228 sqft outdoor seating, 2,155 sqft future drive-thru restaurant) -Bay-Kissed Holiday Interest - Vending permit for tree sales -Freeport Community Center (4,000 sqft) -Genoa Landing Phase I (68 Townhomes Units) -The Waters at Freeport Multi-Family Development (226 apts, 8,389 sqft of Clubhouse, 1,957 sqft pool, 1,200 sqft maintenance bldg) -Freeport of Florida POP (350 sqft Presence Facility for Uniti Fiber) 2024 Subdivision Record Plats: Single Family Owls Head Farms Phase 1-A (42 SF units) Single Family Owls Head Farms Phase 1-B (148 SF units)
Full Property Details
Full Property Details for 19228 US-331
General
- Price: $1,199,000
- Taxes: $1,887 (2023)
- Status: Active
- Type: Single Family
- Source: Emerald_Coast
- MLS ID: 949219
- Updated: 12/2/2025
- Added to Site: 619 day(s) ago
Interior
- Rooms/Areas: Bedroom, Bonus Room, Kitchen, Living Room
- Interior Features: Converted Garage, Fireplace, Floor Tile, Split Bedroom, Washer/Dryer Hookup
- Appliances: Cooktop, Dishwasher, Stove/Oven Electric
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Living Room: Living Room
- Kitchen: Kitchen
Exterior
- Exterior Features: Fireplace, Greenhouse, Patio Covered
Location
- Area: 20 - Freeport
- County: Walton
- Subdivision: Lairds
- Driving Directions: From Santa Rosa Beach HWY 98 make a left on 331 N cross over the bridge and pass Grady Brown Park on your left. Continue on HWY 331 N approximately 3 miles and make a U-turn at Carol Drive. Head south on 331 for .2 miles on the property will be on your right.
School Information
- Elementary School: Freeport
- Middle School: Freeport
- High School: Freeport
Heating & Cooling
- Heating/Cooling: AC - High Efficiency
Utilities
- Utility Description: Electric, Private Well, Septic Tank, TV Cable
Structural Information
- Architectural Style: Ranch
- Construction: Brick, Roof Metal
- Stories/Levels: 1
- Square Feet: 2,207
- Sq. Ft. Source: Appraiser
- Year Built: 1980
Lot Features
- Lot Size (Acres): 1.18
- Lot Dimensions: 113 x 454
- Street/Road Desc.: U.S. Highway
- Lot Features: Level, Survey Available
- Zoning: Resid Single Family
Financial Considerations
- Tax Amount: $1,887
- Tax Year: 2023
Disclosures and Reports
- Legal Description: LOT 14 BLK B + THOSE PARTS OF LOT 12 + 13 WHICH ARE N OF CENTER OF DRAIN WHICH DRAIN COMMENCES AT US HWY 331 DITCH + EMPTIES INTO CANAL IN LOT 13 IN BLK B LAIRD EDITION BK 3 PG 63 ALSO: LOT 15 BLK B AND ALSO: LOTS 16 & 17 BLK B LESS: NE1/4 OR 906-71 LESS: DOT ROW AS DESC IN OR 2801 PG 3161.
- APN: 34-1S-19-23070-00B-0140
Listed by Real Broker LLC
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Schools
Schools serving 19228 US-331
School District:Walton County School District
| Name | Grades | Distance |
|---|---|---|
Freeport Elementary School 15381 U.S. 331, Freeport, FL 32439 | PK-5 | 3 mi |
Freeport Middle School 360 Kylea Laird Drive, Freeport, FL 32439 | 6-8 | 3.6 mi |
Freeport Senior High School 12615 U.S. 331, Freeport, FL 32439 | 9-12 | 7.6 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 19228 US-331
Date
Details
Price
Change
Source
3/03/2025
Price Reduced
$1,199,000
-0.08%
MLS
5/06/2024
Listed
$1,200,000
—
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 19228 US-331
19228 Us-331, Freeport, FL 32439 (MLS# 949219) is a Single Family property with 3 bedrooms and 2 full bathrooms. 19228 Us-331 is currently listed for $1,199,000 and was received on May 06, 2024. Want to learn more about 19228 Us-331? 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.

