0 S Us Highway 331, Freeport, FL 32439

New Listing
$950,000
Property Type: Commercial for Sale Lot Size (sq. ft.): 52,272 Status: Active
Current Price: $950,000 List Date: 6/01/2026 Last Modified: 6/01/2026

Description

1.2 acres +/- of VACANT COMMERCIAL land. Parcels are located High and Dry in FEMA Flood Zone X. Located 1.2 miles south of HWY 20 and HWY 331 intersection. Across the street from Riverwalk Subdivision, Eglin Federal Credit Union, 1/2 miles to Publix, Less than 1,000ft from the new Walmart that was just approved for build. Current traffic trends indicated upwards of 30,000 vehicles per day on average. Water and Electric are already on site. Sellers are currently in the process of Annexing into the City of Freeport and changing zoning from Rural Residential to Commercial.

More Information MLS# 1004358

Contract Info

Listing Board: Emerald Coast List Date: 2026-06-01 List Price: $950,000

Location, Tax and Legal

Sub Area: 2009 - S. of 20 to Rd 3280 and Blackcreek Legal Description: Com At The Nw/C Of Sec 23-1S- 19W Thence Run E 657.20Ft Run S 215.60Ft Thence Run S 18 Deg 01'00

General Property Info

Listed on GCCMLS: No Vacant: Yes Immediate Occupancy: Yes Acreage: 1.2

Listing Info, Tax & Legal

As Is: Yes

Remarks & Misc

Remarks: 1.2 acres +/- of VACANT COMMERCIAL land. Parcels are located High and Dry in FEMA Flood Zone X. Located 1.2 miles south of HWY 20 and HWY 331 intersection. Across the street from Riverwalk Subdivision, Eglin Federal Credit Union, 1/2 miles to Publix, Less than 1,000ft from the new Walmart that was just approved for build. Current traffic trends indicated upwards of 30,000 vehicles per day on average. Water and Electric are already on site. Sellers are currently in the process of Annexing into the City of Freeport and changing zoning from Rural Residential to Commercial.

Class

Land: 1

Construction Status

N/A: 1

Land

Property Type: Commercial

None

Current Price: $950,000

Status Change Info

Status: Active

Location Tax and Legal

Area: 20 - Freeport Street Direction: S Street Name: Us Highway 331 State: FL Zip Code: 32439 County: Walton Parcel ID: 23-1S-19-23000-001-0110

Property Features

Class: Land Construction Status: N/A
Listing Office: Coldwell Banker Realty
Last Updated: June - 01 - 2026
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.