S US-331, Freeport, FL 32439 (MLS# 990523)

S US-331, Freeport, FL 32439

$899,000

Property Type: Land Lot Size (sq. ft.): 52,272 Status: Active

Current Price: $899,000 List Date: 12/01/2025 Last Modified: 2/23/2026

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.

More Information MLS# 990523

Contract Info

Listing Board: Emerald Coast List Price/Acre: 749166.67 List Date: 2025-12-01 List Price: $899,000

Location, Tax and Legal

Sub Area: 2009 - S. of 20 to Rd 3280 and Blackcreek Elementary School: Freeport Middle School: Freeport High School: Freeport 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''W 2,097FT TO THE POB ON THE E ROW OF ST RD #331 CONT ALONG ROW RUN S 18 DEG 01'00''W 75FT RUN S 71 DEG 59'00''E 400 FT RUN N 18 DEG 01'00''E 75FT RUN N 71 DEG 59'00''W 400FT TO THE POB OR 1126-292 OR 2642-4008 LESS: DOT ROW AS DESC IN OR 2808-3269 OR 2873-1426 OR 3311-1154

General Property Info

Sub-Type: Vacant Land Acreage: 1.2

Listing Info, Tax & Legal

Is Subject Leased: No Assessment Fees: No New Buyer Fee: No Last Taxes: 1383.26 Last Tax Year: 2025 Brokerage Interest: Familial Interest - Listing Broker/Licensee related to owner. 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.

Lot Access

State Highway: 1

Utilities

None: 1

Zoning

County: 1

None

Current Price: $899,000

Status Change Info

Status: Active

Location Tax and Legal

Street #: S Street Name: US-331 Area: 20 - Freeport State: FL Zip Code: 32439 County: Walton Project Name/Subdivision: Highway 331 Parcel ID: 23-1S-19-23000-001-0110

Property Features

Lot Access: State Highway Zoning: County Utilities: None

Listing Office: Coldwell Banker Realty

Last Updated: February - 23 - 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.