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$299,000 Just Listed
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Property Description
Prime commercial opportunity in rapidly growing Freeport! This .44-acre parcel offers approximately 96 feet of highly visible frontage on busy Highway 331, a major corridor leading to the beaches of South Walton. Zoned commercial with survey available, this property is ready for development or investment. Located in a desirable X flood zone for added peace of mind. Excellent exposure, strong traffic counts averaging over 30,000 per day, and close proximity to the beaches, businesses, and expanding residential communities make this an ideal location for your commercial business. In addition, brand new approved development within 300 feet directly across the street on Hwy 331 will bring a multitude of commercial businesses in the near future including, but not limited to, hotels, restaurants, a storage facility, pickleball facility, multifamily residences, and a daycare. Don't miss this chance to secure a highly desirable commercial lot on Hwy 331 in one of Northwest Florida's fastest-growing areas. *Ordinance to change zoning to commercial was approved Jan. 2024 (on file).
Full Property Details
Full Property Details for Xxxx S S US Hwy 331
General
- Price: $299,000
- Status: Active
- Type: Commercial Land
- Source: Bay_County
- MLS ID: 790512
- Updated: 5/28/2026
- Added to Site: 1 day(s) ago
Location
- County: Walton
- Subdivision: No Named Subdivision
- Driving Directions: From the intersection of Hwy 20 and S. Hwy 331 in Freeport, travel south. Lot is approximately 4.5 miles down on the right.
Community
- Community Name: 12 - Walton County
Lot Features
- Lot Size (Acres): 0.44
- Lot Size (Sq. Ft.): 19,166
- Lot Size: .44
- Frontage: Highway, Paved
- Zoning: General Commercial
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: LOT 2 BLK B LAIRDS S/D PB 3 PG 1 VOL 200-219 LESS: DOT ROW AS DESC IN OR 2788 PG 846.
- Property ID: 34-1S-19-23070-00B-0020
Listed by Triple Crown Realty Team
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Price & Sales History for Xxxx S S US Hwy 331
Date
Details
Price
Change
Source
5/28/2026
Listed
$299,000
—
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 Xxxx S S US Hwy 331
Xxxx S S US Hwy 331, Freeport, FL 32439 (MLS# 790512) is a Commercial Land property with a lot size of 0.44 acres. Xxxx S S US Hwy 331 is currently listed for $299,000 and was received on May 28, 2026. Want to learn more about Xxxx S S US Hwy 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.

