15324 331 Business, Freeport, FL 32439

New Listing
$480,000
Property Type: Residential Bedrooms: 2 Baths: 1 Square Footage: 1,165 Status: Active
Current Price: $480,000 List Date: 12/19/2025 Last Modified: 12/19/2025

Description

0.77 acres located on Business Highway 331, directly across from Freeport Elementary School, within the City of Freeport. Property features mixed-use zoning allowing for both residential and select commercial uses, subject to city approval and permitting. The 1,165 SF residence has been completely remodeled and is move-in ready. Additional storage building on site. High-visibility location offering flexibility for owner-occupants, investors, or future redevelopment in a growing Freeport market. Due to its mixed-use zoning, the property is also listed in the MLS under the Commercial category (MLS 991530). Buyer to obtain all required permits for any change of use. All information to be verified by buyer during due diligence.

More Information MLS# 991530

Status Change Info

Status: Active

Contract Info

List Date: 2025-12-14 Current Price: $480,000 List Price: $480,000 List Price/SqFt: 412.02 Listing Board: Emerald Coast

Location Tax and Legal

Area: 20 - Freeport Street #: 15324 331 Street Name: Business State: FL Zip Code: 32439 County: Walton Project Name/Subdivision: NO RECORDED SUBDIVISION Parcel ID: 10-1S-19-23000-020-0000

General Property Info

Sub-Type: Detached Single Family Design: Florida Cottage Apx SqFt(Htd/Cooled): 1165 SqFt Source: County PA Records Bedrooms: 2 Full Baths: 1 Total Bathrooms: 1 # Stories: 1 Year Built: 1943 Garage: Yes Carport: No Garage Spaces: 2 Driveway Spaces: 4 Pool: No Pool Type: None

Property Features

Construction Status: Construction Complete Zoning: Commercial; Resid Single Family Parking Features: Garage Project Facilities: Handicap Provisions; Pets Allowed; Separate Storage Interior: Floor Tile; Renovated Appliances: Dishwasher; Disposal; Freezer; Ice Machine; Range Hood; Smoke Detector; Stove/Oven Electric; Wine Refrigerator Utilities: Public Sewer; Public Water; Sewer Available Energy: AC - Central Elect; Water Heater - Elect Master Bedroom: First Bedroom: First Living Room: First Rooms: Bedroom; Living Room; Master Bedroom Financing: Conventional; FHA; VA

Room Information

Master Bedroom Level: First Dimensions: 14 x 12 Length: 14.00 Width: 12.00 Dimensions: 14 x 12 Bedroom Level: First Dimensions: 12 x 12 Length: 12.00 Width: 12.00 Dimensions: 12 x 12 Living Room Level: First Dimensions: 14 x 14 Length: 14.00 Width: 14.00 Dimensions: 14 x 14 Bedroom Level: First Dimensions: 12 x 12 Length: 12.00 Width: 12.00 Dimensions: 12 x 12
Listing Office: Compass
Last Updated: December - 19 - 2025
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.

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