TBD 331 Business, Freeport, FL 32439 (MLS# 959175)

TBD 331 Business, Freeport, FL 32439

$45,000

Property Type: Land Lot Size (sq. ft.): 234,788 Status: Sold

Current Price: $1,299,000 List Date: 9/15/2024 Last Modified: 5/29/2025

Description

We are proud to offer this fantastic 5.39-acre development opportunity located in the heart of one of Florida's fastest growing cities. The city of Freeport - only 15 miles from the Gulf of Mexico - has worked diligently to keep the fast-paced growth compatible with the spirit of a small town. Zoned Residential / Commercial, the land uses are vast, with options ranging from apartment complexes to government buildings, hospitals, storage facilities, restaurants or retail! Presently, two properties have income-earning potential for your benefit. In addition, a usable woodworking shed and plenty of storage space convey. This 5.39-acre parcel comprises two lots, one 5.15 and the other .24 acres. This .24 acre parcel is being priced and sold with a larger 5.15 acre parcel MLS# 959174.

More Information MLS# 959175

Status Change Info

Sold Price/Acre: 8348.79 Status: Sold Under Contract Date: 2025-03-10 Sold Date: 2025-05-29 Sold Price: $45,000

Contract Info

Listing Board: Emerald Coast List Price/Acre: 241001.86 List Date: 2024-09-15 List Price: $1,299,000

Location, Tax and Legal

Sub Area: 2006 - N. of 20 to Hwy 331 Elementary School: Freeport Middle School: Freeport High School: Freeport Legal Description: COM NE/C OF NW1/4 OF SE1/4, N 89 DEG 10'28'W 1078.06 FT TO PT ON W R/W OF SR 83 (US 331), THENCE ALONG R/W S 07 DEG 43' 49'W 211.53 FT, N 89 DEG 10' 28'W 392.78 FT, N 00 DEG 20' 08'E 105 FT FOR POB,N 00 DEG 20'08'W 105 FT,S 80 DEG 10'28' E 100.00 FT,S 00 DEG 20'08'W 105.00 FT,N 89 DEG 10'28'W 100.00 FT TO POB. OR 458-96 OR 3111-3450 OR 3159-1458

General Property Info

Sub-Type: Vacant Land Acreage: 5.39

Listing Info, Tax & Legal

Who Paid Doc Stamps: Buyer Who Paid Title: Buyer Is Subject Leased: No Assessment Fees: No New Buyer Fee: No Last Taxes: 90.27 Last Tax Year: 2023 Brokerage Interest: No Interest As Is: No

Remarks & Misc

Remarks: We are proud to offer this fantastic 5.39-acre development opportunity located in the heart of one of Florida's fastest growing cities. The city of Freeport - only 15 miles from the Gulf of Mexico - has worked diligently to keep the fast-paced growth compatible with the spirit of a small town. Zoned Residential / Commercial, the land uses are vast, with options ranging from apartment complexes to government buildings, hospitals, storage facilities, restaurants or retail! Presently, two properties have income-earning potential for your benefit. In addition, a usable woodworking shed and plenty of storage space convey. This 5.39-acre parcel comprises two lots, one 5.15 and the other .24 acres. This .24 acre parcel is being priced and sold with a larger 5.15 acre parcel MLS# 959174.

Lot Features

Addl Land Available: 1

Lot Access

No Access: 1 No Road: 1

Utilities

None: 1

Zoning

Commercial: 1 See Remarks: 1

None

Current Price: $45,000

Location Tax and Legal

Street #: TBD Street Name: 331 Business Area: 20 - Freeport State: FL Zip Code: 32439 County: Walton Project Name/Subdivision: Development Opportunity Parcel ID: 10-1S-19-23000-020-0020

Property Features

Lot Access: No Access; No Road Lot Features: Addl Land Available Zoning: Commercial; See Remarks Utilities: None

Listing Office: Ocean Reef Realty Inc

Last Updated: May - 29 - 2025

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.