0 Hwy 331 Freeport

Freeport, FL 32439

$799,900
Price
74,923 / 1.72
Lot Size / Acres
a close up of a mirror

Description

Prime Commercial Opportunity on HWY 331 South! This 1.72 acre offers exceptionally high visibility and access, fronting HWY 331 South of Freeport. Located just minutes from Freeport and Santa Rosa Beach, this property is perfectly positioned for development. if you are looking to build retail or office space this is the perfect place for you. Utilities are out front and can easily be connected. Don't miss the chance to own a property in one of the fasted growing corridors in the area. This property...Prime Commercial Opportunity on HWY 331 South! This 1.72 acre offers exceptionally high visibility and access, fronting HWY 331 South of Freeport. Located just minutes from Freeport and Santa Rosa Beach, this property is perfectly positioned for development. if you are looking to build retail or office space this is the perfect place for you. Utilities are out front and can easily be connected. Don't miss the chance to own a property in one of the fasted growing corridors in the area. This property is showing a land use of Rural Residential with the county and bordered by Commercial. The land use would need to be changed.
  1. Listed by Terry J Pilcher • Brokerage DRE #1021152 • Merrifield & Pilcher Realty
    P: (850)-865-2541 C: (850)-865-2541 pilcher2002@yahoo.com

Property Details for 0 Hwy 331 Freeport

Zoning
County
Subdivision Name
None
LISTING UPDATED: 08/18/2025 11:28 AM

Property Details for 0 Hwy 331 Freeport

StatusActive
MLS #983328
Days on Market171
Taxes$376 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Vacant Land
Year Built-
Lot Size1.72 AC
CountyWalton County

Location

Listing Courtesy of Merrifield & Pilcher Realty
Add your commute

Building Information for 0 Hwy 331 Freeport

Lot Size1.72 AC

Payment Calculator

$3,930 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,899

Property Taxes

$31

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 0 Hwy 331 Freeport

Summary
Location and General Information
  • Directions: Take 331 south of Freeport to HWY 3280, follow just past 3280 and property is located on the left. If coming from south, proceed over the bridge to just past Norris Cut Off Road and property will be on the right. See parcel map!!!!
  • Road Frontage Type: State Highway
  • MLS Area Minor: 2008 - Jolly Bay
  • MLS Area Major: 20 - Freeport
  • Latitude: 30.440014
  • Longitude: -86.14496
  • Location Tax and Legal:Sub Area: 2008 - Jolly Bay
  • Location Tax and Legal:Elementary School: Freeport
  • Location Tax and Legal:Middle School: Freeport
  • Location Tax and Legal:High School: Freeport
  • Location Tax and Legal:Legal Description: LOT 6: COM AT THE SE/C OF NE4 THENCE N 00 DEG 23'37''E 981.23 FT TO POB, CONT N 00 DEG 23' 37''E 151.84 FT, N 40 DEG 44'W TO THE ELY ROW LINE OF ST RD 83 US 331, S 56 DEG 46'56''W 100 FT, S 40 DEG 44'E TO POB OR 1274-90 OR2325-1639 & 1641 LESS DOT ROW AS DESC IN OR 2780 PG 2135.
Taxes and HOA
  • Tax Legal Description: LOT 6: COM AT THE SE/C OF NE4 THENCE N 00 DEG 23'37''E 981.23 FT TO POB, CONT N 00 DEG 23' 37''E 151.84 FT, N 40 DEG 44'W TO THE ELY ROW LINE OF ST RD 83 US 331, S 56 DEG 46'56''W 100 FT, S 40 DEG 44'E TO POB OR 1274-90 OR2325-1639 & 1641 LESS DOT ROW AS DESC IN OR 2780 PG 2135.
  • Parcel Number: 04-2S-19-24000-001-0011
  • Association Fee: $0
  • Tax Annual Amount: $376
  • Listing Info Tax Legal:Last Taxes: $376
  • Listing Info Tax Legal:Last Tax Year: 2024.0
School Information
  • Elementary School: Freeport
  • Middle Or Junior School: Freeport
  • High School: Freeport
Property
Lot Information
  • Lot Size Dimensions: TBD
  • Lot Size Acres: 1.72
  • Lot Size Area: 1.72
  • Lot Size Units: Acres
  • Lot Features: Wooded
  • Lot Size Square Feet: 74923.2
  • General Property Info:Acreage: 1.72
  • Lot Features: Wooded
  • Lot Access: Paved Road2, State Highway2
Property and Assessments
  • Road Surface Type: Paved Road
  • Tax Year: 2024.0
  • Floor Plans Count: 0.0
  • Property Type: Land
  • Property Sub Type: Vacant Land
  • General Property Info:Sub-Type: Vacant Land
Utilities
  • Sewer: Public Sewer
  • Utilities: Electric, Public Water, Tap Fee Due
  • Electric: True
  • Utilities: Electric, Public Sewer, Public Water, Tap Fee Due
Interior and Exterior Features
Interior Features
  • Bathrooms Total Integer: 0.0
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Notational: 0.0
Rental
Rent Information
  • Listing Info Tax Legal:Is Subject Leased: No

Property History for 0 Hwy 331 Freeport

DateEvent & SourcePriceAppreciation
Aug 18, 2025

Listed (Active)

ECAR #983328

$799,900—
Jan 17, 2024

Sold

ECAR #939975

—
Jan 12, 2024

Listed (Active)

ECAR #939975

$315,000—
Apr 29, 2023

Expired

ECAR #870613

—
Dec 24, 2021

Price Change

ECAR #870613

$549,000—
Sep 26, 2021

Price Change

ECAR #870613

$599,000—
Apr 29, 2021

Listed (Active)

ECAR #870613

$499,000—
Mar 23, 2021

Sold

ECAR #853064

$45,000—
Mar 12, 2021

Listed (Active)

ECAR #853064

$50,000—
Feb 3, 2013

Expired

ECAR #558416

—
May 16, 2011

Listed (Active)

ECAR #558416

$119,000—
Dec 31, 2006

Expired

ECAR #389471

—
Feb 17, 2006

Expired

ECAR #380180

$450,000—
Dec 31, 2005

Expired

ECAR #405677

—
Nov 9, 2005

Listed (Active)

ECAR #380180

$450,000—
Aug 16, 2005

Listed (Active)

ECAR #405677

$11,999,999—
Jun 1, 2005

Sold

ECAR #378275

$1,500,000—
Apr 11, 2005

Listed (Active)

ECAR #389471

$5,600,000—
Jan 25, 2005

Pending

ECAR #378275

—
Jan 25, 2005

Listed (Active)

ECAR #378275

$1,500,000—
Dec 11, 2003

Expired

ECAR #344523

—
Oct 1, 2003

Expired

ECAR #154517

$395,000—
Jun 18, 2003

Listed (Active)

ECAR #344523

$25,000—
Mar 14, 2003

Expired

ECAR #332018

—
Nov 13, 2002

Listed (Active)

ECAR #154517

$395,000—
Sep 13, 2002

Listed (Active)

ECAR #332018

$269,900—
DateEvent & SourcePrice
08/18/2025

Listed (Active)

ECAR #983328

$799,900
01/17/2024

Sold

ECAR #939975

—
01/12/2024

Listed (Active)

ECAR #939975

$315,000
04/29/2023

Expired

ECAR #870613

—
12/24/2021

Price Change

ECAR #870613

$549,000
09/26/2021

Price Change

ECAR #870613

$599,000
04/29/2021

Listed (Active)

ECAR #870613

$499,000
03/23/2021

Sold

ECAR #853064

$45,000
03/12/2021

Listed (Active)

ECAR #853064

$50,000
02/03/2013

Expired

ECAR #558416

—
05/16/2011

Listed (Active)

ECAR #558416

$119,000
12/31/2006

Expired

ECAR #389471

—
02/17/2006

Expired

ECAR #380180

$450,000
12/31/2005

Expired

ECAR #405677

—
11/09/2005

Listed (Active)

ECAR #380180

$450,000
08/16/2005

Listed (Active)

ECAR #405677

$11,999,999
06/01/2005

Sold

ECAR #378275

$1,500,000
04/11/2005

Listed (Active)

ECAR #389471

$5,600,000
01/25/2005

Pending

ECAR #378275

—
01/25/2005

Listed (Active)

ECAR #378275

$1,500,000
12/11/2003

Expired

ECAR #344523

—
10/01/2003

Expired

ECAR #154517

$395,000
06/18/2003

Listed (Active)

ECAR #344523

$25,000
03/14/2003

Expired

ECAR #332018

—
11/13/2002

Listed (Active)

ECAR #154517

$395,000
09/13/2002

Listed (Active)

ECAR #332018

$269,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 0 Hwy 331 Freeport

This home is within Walton.
Rating
School
Type
Grades
Distance
Freeport Elementary School
Public - PK to 4
Freeport Middle School
Public - 5 to 8
Freeport Senior High School
Public - 9 to 12
Seaside Neighborhood School
Charter - 5 to 12
Rating
School
Distance
Freeport Elementary School
PublicPK to 4

Freeport Middle School
Public5 to 8

Freeport Senior High School
Public9 to 12

Seaside Neighborhood School
Charter5 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 0 Hwy 331 Freeport, Freeport, FL 32439

0 Hwy 331 Freeport is a 1.72 ac of land for sale in Freeport, FL 32439. This property was listed for sale on August 18, 2025 by Merrifield & Pilcher Realty, it's currently listed at $799,900. It has been on the market for a total of 171 days and was last sold on January 17, 2024. This listing's school district is Walton. Nearby schools include Freeport Elementary School, Freeport Middle School and Freeport Senior High School. 0 Hwy 331 Freeport is a 0-bed, 0-bath, 1.72 ac of land on a 74,923 sq. ft. / 1.72 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Merrifield & Pilcher Realty

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2026 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.