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$750,000 Just Listed

  • For Sale
  • Active
  • Commercial Land
  • 1.15 Acres
  • Updated 2 days ago
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Prime commercial opportunity in rapidly growing Freeport! This approximately 1.15-acre vacant parcel offers an impressive 278 feet of frontage along high-traffic US Highway 331, providing excellent visibility for a future business or investment. Zoned General Commercial and conveniently located near the planned new Walmart development, the property is positioned along one of Freeport's expanding commercial corridors. Its location near Rodney Drive provides convenient access to Freeport, South Walton, and surrounding communities. Potential for a variety of commercial uses, subject to county approval. Buyer to independently verify zoning, permitted uses, access, utilities, wetlands, dimensions, frontage, and all information deemed important.

Full Property Details for Lots 7-8 S US Hwy 331

General

  • Price: $750,000
  • Taxes: $1,586 (2025)
  • Status: Active
  • Type: Commercial Land
  • Source: Emerald_Coast
  • MLS ID: 1009709
  • Updated: 8/12/2026
  • Added to Site: 3 day(s) ago

Location

  • Area: 20 - Freeport
  • County: Walton
  • Subdivision: NONESUCH WAY
  • Driving Directions: Heading south on Hwy 331, vacant lot can be located on the south side of Rodney Circle.

School Information

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

Lot Features

  • Property View: Canal
  • Lot Size (Acres): 1.15
  • Lot Size (Sq. Ft.): 50,094
  • Lot Dimensions: 192 x 278 x 184 x 243
  • Frontage: Private Road, State Highway
  • Lot Features: Within 1/2 Mile to Water
  • Zoning: Commercial

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Type: Canal

Financial Considerations

  • Price Per Acre: $652,173.91
  • Tax Amount: $1,586.58
  • Tax Year: 2025

Disclosures and Reports

  • Legal Description: LOTS 7, 8 & THE S1/2 OF LOT 9 BLK B LAIRDS S/D. LESS & EXC: COM AT THE SE/C OF THE SW1/4; N 05DEG 31'42''E 1, 234.19 FT ALONG THE EAST LINE OF THE SW 1/4 TO THE CENTRLINE OF ST RD 83 (US 331) AND TO A PT ON A CURVE TO THE RIGHT (CONCAVE NWLY); THENCE SWLY ALONG CENTR LINE & CURVE HAVEING A RADIUS OF 2, 864.93 FT, 230.51 FT, THROUGH A CENTRAL ANGLE OF 04 DEG 36'36''TO THE END OF CURVE; THENCE DEPART
  • APN: 34-1S-19-23070-00B-0070
  • Property ID: 34-1S-19-23070-00B-0070

Listed by Real Broker LLC

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Listing agents

— Lots 7-8 S US Hwy 331 —

  • Real Broker LLC

  • Real Broker LLC

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving Lots 7-8 S US Hwy 331

School District:Walton County School District
NameGradesDistance
West Defuniak Elementary School
815 Lincoln Avenue, DeFuniak Springs, FL 32435
K-51 mi
Maude Saunders Elementary School
416 John Baldwin Road, DeFuniak Springs, FL 32433
K-51.8 mi
Walton Middle School
605 Bruce Avenue, DeFuniak Springs, FL 32435
6-80.9 mi
Walton High School
449 Walton Road, DeFuniak Springs, FL 32433
9-121.1 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 Lots 7-8 S US Hwy 331 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/12/2026
Listed
$750,000
495.24%
MLS
1/28/2025
Sold
$126,000
—
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 Lots 7-8 S US Hwy 331

Year
Property Taxes
Change
Tax Assessment
Change
2024
$191
—
$87,615
284%
2024
$191
5%
$22,845
—
2023
$182
6%
$22,845
9%
2021
$172
-9%
$20,897
-18%
2022
$190
10%
$25,358
45%
2021
$172
22%
$17,523
23%
2019
$141
18%
$14,278
10%
2018
$120
-68%
$12,980
-68%
2017
$376
-1%
$40,590
—
2016
$380
-2%
$40,590
—
2015
$386
-2%
$40,590
—
2014
$392
-1%
$40,590
—
2013
$396
—
$40,590
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Real Broker LLC

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Recent Sales near Lots 7-8 S US Hwy 331

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4319 S US Hwy 331, Defuniak Springs, FL 32435 - Photo 1 Sold
$640,000

4319 S US Hwy 331  Defuniak Springs, FL 32435

  • Commercial Residential Facility
  • Closed
4319 S US Hwy 331, Defuniak Springs, FL 32433 - Photo 1 Sold
$640,000

4319 S US Hwy 331  Defuniak Springs, FL 32433

  • Vacant Land
  • Closed
  • 5.41
    Acres
0 St Hwy 83, Defuniak Springs, FL 32433 - Photo 1 Sold
$649,000

0 St Hwy 83  Defuniak Springs, FL 32433

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  • 231.36
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331 331 Business  Freeport, FL 32439

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Lots 7-8 S US Highway 331, Freeport, FL 32439 (MLS# 1009709) is a Commercial Land property with a lot size of 1.15 acres. Lots 7-8 S US Highway 331 is currently listed for $750,000 and was received on August 12, 2026. Want to learn more about Lots 7-8 S US Highway 331? Do you have questions about finding other Commercial Land real estate for sale in Freeport? You can browse all Freeport real estate or contact a Coldwell Banker agent to request more information.

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