40 Jones Drive, Freeport, FL 32439

$790,000
Property Type: Land Lot Size (sq. ft.): 64,033 Status: Active
Current Price: $790,000 List Date: 3/18/2026 Last Modified: 3/18/2026

Description

Hwy 331S - Fantastic opportunity for this corner 1.47 acre site just 1/4 mile south of the incoming Walmart in Freeport, FL. Located inside the city limits with appx 171 front feet on Hwy 331 and frontage on Jones Dr also. Zoned Rural Village with C-1 and C-2 zoning surrounding the property, so rezoning would be a distinct possibility (buyer to do all due diligence). Property has 2 dwellings - one brick home, one manufactured home plus a nice 30x40 utility building with rollup door. MLS documents section details zoning, possible future zoning and other useful data. Freeport is booming, with TDOT traffic count of just over 23,800 per day. Join the others who see that it is no longer merely holds potential for growth - it's a current reality.

More Information MLS# 998290

Contract Info

Listing Board: Emerald Coast List Price/Acre: 537414.97 List Date: 2026-03-18 List Price: $790,000

Location, Tax and Legal

Sub Area: 2005 - S. of 20 to Hwy 331 Elementary School: Freeport Middle School: Freeport High School: Freeport Legal Description: See deed

General Property Info

Sub-Type: Vacant Land Acreage: 1.47

Listing Info, Tax & Legal

Is Subject Leased: No Assessment Fees: No New Buyer Fee: No Last Taxes: 1259.48 Last Tax Year: 2025 Brokerage Interest: No Interest As Is: Yes

Remarks & Misc

Remarks: Hwy 331S - Fantastic opportunity for this corner 1.47 acre site just 1/4 mile south of the incoming Walmart in Freeport, FL. Located inside the city limits with appx 171 front feet on Hwy 331 and frontage on Jones Dr also. Zoned Rural Village with C-1 and C-2 zoning surrounding the property, so rezoning would be a distinct possibility (buyer to do all due diligence). Property has 2 dwellings - one brick home, one manufactured home plus a nice 30x40 utility building with rollup door. MLS documents section details zoning, possible future zoning and other useful data. Freeport is booming, with TDOT traffic count of just over 23,800 per day. Join the others who see that it is no longer merely holds potential for growth - it's a current reality.

Lot Features

Level: 1 Within 1/2 Mile to Water: 1

Construction/Siding

Brick: 1 Roof Metal: 1 Trim Vinyl: 1

Lot Access

Paved Road: 1 U.S. Highway: 1

Utilities

Electric: 1 Gas - Propane: 1 Public Water: 1

Zoning

City: 1 See Remarks: 1

Financing

Conventional: 1

None

Current Price: $790,000

Status Change Info

Status: Active

Location Tax and Legal

Street #: 40 Street Name: Jones Street Suffix: Drive Area: 20 - Freeport State: FL Zip Code: 32439 County: Walton Project Name/Subdivision: METES & BOUNDS Parcel ID: 22-1S-19-23030-000-0240

Property Features

Lot Access: Paved Road; U.S. Highway Lot Features: Level; Within 1/2 Mile to Water Zoning: See Remarks Utilities: Electric; Gas - Propane; Public Water Financing: Conventional
Listing Office: Kim & Company
Last Updated: March - 18 - 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.