90 Acres Highway 331 S & Jolly Bay Road, Freeport, FL 32439

New Listing
$29,700,000
Property Type: Commercial for Sale Lot Size (sq. ft.): 3,949,150 Status: Active
Current Price: $29,700,000 List Date: 2/07/2026 Last Modified: 2/07/2026

Description

Rare Opportunity! Bayfront Acreage Tract with Almost 2000 Feet on Choctawhatchee Bay! Located in Central Walton County and directly on the Gateway to South Walton Beaches. Hard Corner with approx. 150' on Hwy 331 along with a signalized intersection on US Highway 331 & Jolly Bay Road. Across the Highway from Grady Brown County Bayfront Park and Boat Launch. Jolly Bay Road is paved County road and has City water & sewer available. Numerous opportunities for development of Recreational & Community services. Cultural Arts, Marine Activities and Combined Use of Residential and Commercial possibilities. Property has two tracts and is being sold together as one tract. One of the last remaining large waterfront Parcels & none this close to the Highway & Bridge!!

More Information MLS# 994779

None

Current Price: $29,700,000

Status Change Info

Status: Active

Contract Info

GCCMLS Number: 44249706 List Date: 2026-02-07 List Price: $29,700,000 Listing Board: Emerald Coast

Location Tax and Legal

Area: 20 - Freeport Street #: 90 Acres Street Name: Highway 331 S & Jolly Bay Road State: FL Zip Code: 32439 County: Walton Parcel ID: 04-2S-19-24000-023-0010

General Property Info

Listed on GCCMLS: Yes Description: Vacant Waterfront Acreage Vacant: Yes Immediate Occupancy: Yes Acreage: 90.66 Lot Frontage: 2100 Lot Depth: 1900 Zoning: Rural Village Future Land Use: Rural Residential

Land

Price P/Acre: 330000 Property Type: Other (See Notes)

Waterfront

Waterfront Feet: 2000+/-

Property Features

Class: Land; Other Waterfront: Bay; Intracoastal Wtrwy; Shore - Natural
Listing Office: Palmetto Properties & Realty LLC
Last Updated: February - 07 - 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.

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