TBD Hwy 331, Freeport, FL 32439 (MLS# 911376)

TBD Hwy 331, Freeport, FL 32439

$775,000

Property Type: Commercial for Sale Lot Size (sq. ft.): 74,488 Status: Sold

Current Price: $950,000 List Date: 11/04/2022 Last Modified: 10/13/2024

Description

A prime commercial development opportunity, this parcel features 387 feet of frontage of U.S. Highway 331 with a high daily traffic count of nearly 16,000 vehicles thanks to the road's new four-lane expansion. Situated at the corner of 331 and Old Jolly Bay Road, this is an ideal tract for an investor or developer looking for commercial land. Just north of the lot is a traffic light with a Publix-anchored retail development that includes Dairy Queen, two banks, Waffle House, Ace Hardware and McDonald's. On the east side of 331 and just north of this lot is a new Cefco, Taco Bell and Otto's Car Wash in addition to new retail coming soon. An engineer working with the seller is finalizing an initial plan to show the buyer how a building could be positioned on the lot.

Supplements: A wetlands report and survey are available upon request.

More Information MLS# 911376

Contract Info

GCCMLS Number: 30823323 Listing Board: Emerald Coast List Date: 2022-11-04 List Price: $950,000

Location, Tax and Legal

Sub Area: 2009 - S. of 20 to Rd 3280 and Blackcreek Legal Description: COM NW/COR OF NW1/4 OF NW1/4 SEC 23,S 88 DEG 47'39''E 600.19 FT TO W/LY ROW US HWY 331,S 71 DEG 07'45''E 60.00 FT TO CENTER ROW US HWY 331,S 18 DEG 52'15'' W 1280.00 FT,DPRT CNTRLN S 71 DEG 07'45''E 165.00 FT FOR POB, ALG E/LY ROW N 18 DEG 52'15''E 516.22 FT,DPRT ROW S 71 DEG 07'45''E 59.88 FT,S 08 DEG 48' 45''E 60.47 FT,N 71 DEG 05'45''E 203.99 FT TO ROW JOLLY BAY RD, ALONG ROW S 15 DEG 55'00''E

General Property Info

Listed on GCCMLS: Yes Vacant: Yes Immediate Occupancy: Yes Zoning: Commercial Acreage: 1.71

Listing Info, Tax & Legal

As Is: Yes

Remarks & Misc

Remarks: A prime commercial development opportunity, this parcel features 387 feet of frontage of U.S. Highway 331 with a high daily traffic count of nearly 16,000 vehicles thanks to the road's new four-lane expansion. Situated at the corner of 331 and Old Jolly Bay Road, this is an ideal tract for an investor or developer looking for commercial land. Just north of the lot is a traffic light with a Publix-anchored retail development that includes Dairy Queen, two banks, Waffle House, Ace Hardware and McDonald's. On the east side of 331 and just north of this lot is a new Cefco, Taco Bell and Otto's Car Wash in addition to new retail coming soon. An engineer working with the seller is finalizing an initial plan to show the buyer how a building could be positioned on the lot.

Class

Land: 1 Office: 1 Retail: 1

Construction Status

N/A: 1

Land

Property Type: Commercial

None

Current Price: $775,000

Status Change Info

Status: Sold Under Contract Date: 2023-04-04 Sold Date: 2024-05-01 Sold Price: $775,000

Location Tax and Legal

Area: 20 - Freeport Street #: TBD Street Name: Hwy 331 State: FL Zip Code: 32439 County: Walton Parcel ID: 23-1S-19-23000-001-0011

Property Features

Class: Land; Office; Retail Construction Status: N/A

Listing Office: Scenic Sotheby's International Realty

Last Updated: October - 13 - 2024

Broker Attribution: debbie@debbiejames.com

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.