Date
Details
Price
Change
Source
7/29/2026
Listed
$1,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
Great Development Opportunity in the City Limits of Freeport, Florida. 10 +/- acres located on Business Highway 331 in Freeport. Freeport is considered one of the fastest growing cities in Florida. Approximately 500 feet of highway frontage on Business Highway 331 zoned R-3 High Density Residential with a Flood Zone Rating of X makes this an ideal property for development. City water, city sewer and power are available. Freeport, Elementary, Freeport Middle School and Freeport High School are located within 2 miles of this property. Freeport Industrial park is located approximately1/2 miles from this property. Additional land is available. Please see MLS#932565 for information. Only 20 minutes to the Beaches of South Walton, 10 minutes to Choctawhatchee Bay, 30 minutes to Eglin Air Force Base, and only 15 minutes to Interstate 10 and DeFuniak Springs. Power, water and sewer are available on this property. Property is ideally located for development.
Full Property Details
Full Property Details for 331 N Business
General
- Price: $1,000,000
- Taxes: $2,304 (2025)
- Status: Active
- Type: Residential Lots
- Source: Emerald_Coast
- MLS ID: 1008702
- Updated: 8/1/2026
- Added to Site: 5 day(s) ago
Location
- Area: 20 - Freeport
- County: Walton
- Subdivision: 03-1S-19-23060-000-0000
- Driving Directions: From Highway 20 take Business Highway 331 N. Property is located approximately 2.5 miles on west side of Business Highway 331.
School Information
- Elementary School: Freeport
- Middle School: Freeport
- High School: Freeport
Utilities
- Sewer: Public Sewer
- Utility Description: Electric, Public Water, TV Cable
Structural Information
- Current Bldg. Use: Timber
Lot Features
- Lot Size (Acres): 9.11
- Lot Size (Sq. Ft.): 396,831.6
- Lot Dimensions: 500 x 1000
- Frontage: Private Road, US Highway, City Road
- Lot Features: Addl Land Available, Survey Available, Wooded
- Zoning: City, Resid Multi-Family
Financial Considerations
- Price Per Acre: $109,769.48
- Tax Amount: $2,304.75
- Tax Year: 2025
Disclosures and Reports
- Legal Description: N3/4 OF S1/2 OF NW1/4 OF NE1/4 BEING BLK A & B PALMETTO EST S/D UNREC LESS LOTS 3, 7, 8 BLK A & LOT 1 BLK B LESS: THE S1/2 OF N1/2 OF S1/2 OF S1/2 OF NW1/4 OF NE1/4 & N1/2 OF S1/2 OF NW1/4 OF NE1/4 & N1/4 OF S1/2 OF S1/2 OF NW1/4 OF NE1/4; ALL LYING EAST OF ST RD 83 OR 2491-84 OR 2650-3682 OR 2977-3634 OR 3211-2856
- APN: 03-1S-19-23060-000-0000
- Property ID: 03-1S-19-23060-000-0000
Listed by Brannon Real Estate Services
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Listing agents
— 331 N Business —
Brannon Real Estate Services
Brannon Real Estate Services
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Price & Sales History for 331 N Business
Estimate the Cost
Estimate the Cost for 331 N Business
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- Residential Lots
- Active
- Updated 2 days ago
- 0.15Acres
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- Single Family
- Active
- Updated 4 hours ago
- 3Beds
- 2Total Baths
Listed by Catriese Johnson (850) 687-7487
- Single Family
- Active
- Updated 5 days ago
- 3Beds
- 3Total Baths
- Single Family
- Active
- Updated 2 days ago
- 4Beds
- 2Total Baths
Listed by Alice de La Penha (850) 771-3150
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- Single Family
- Closed
- 4Beds
- 3Total Baths
- 2,628Sq. Ft.
331 N Business, Freeport, FL 32439 (MLS# 1008702) is a Residential Lots property with a lot size of 9.11 acres. 331 N Business is currently listed for $1,000,000 and was received on July 29, 2026. Want to learn more about 331 N Business? Do you have questions about finding other Residential Lots real estate for sale in Freeport? You can browse all Freeport real estate or contact a Coldwell Banker agent to request more information.