16463 Highway 331

$1,400,000
Price
119,790 / 2.75
Lot Size / Acres

Description

Fantastic commercial parcel offered for sale. This 2.75 acre piece is ideally situated in the center of fast developing Freeport, Florida. The parcel is zoned C-1 commercial, allowing for a host of potential development opportunities from flex warehouse / office to lodging or dining. Ingress / egress to the parcel is available via roughly 100' of frontage on Joe Campbell Rd as well as around 254' of frontage on Marquis Way, a signaled intersection of US Hwy 331. Don't miss the unique commercial opportunity!Fantastic commercial parcel offered for sale. This 2.75 acre piece is ideally situated in the center of fast developing Freeport, Florida. The parcel is zoned C-1 commercial, allowing for a host of potential development opportunities from flex warehouse / office to lodging or dining. Ingress / egress to the parcel is available via roughly 100' of frontage on Joe Campbell Rd as well as around 254' of frontage on Marquis Way, a signaled intersection of US Hwy 331. Don't miss the unique commercial opportunity!
  1. Listed by Charlie Hoffner • The Premier Property Group
    P: (850)-499-6144 C: (850)-499-6144 charlie@premierfl.com
  2. Listed by Andy McAlexander • Brokerage DRE #223788 • Mainsail Realty Company
    P: (850)-259-8283 C: (850)-259-8283 andymcalexander@gmail.com

Property Details for 16463 Highway 331

Zoning
City, Commercial
Subdivision Name
N/A
LISTING UPDATED: 12/26/2025 11:21 AM

Property Details for 16463 Highway 331

StatusActive
MLS #970132
Days on Market299
Taxes$3,761 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Vacant Land
Year Built-
Lot Size2.75 AC
CountyWalton County

Location

Listing Courtesy of The Premier Property Group; Mainsail Realty Company
Add your commute

Building Information for 16463 Highway 331

Lot Size2.75 AC

Payment Calculator

$7,231 per month

30 year fixed, 6.28% Interest

Principal and Interest

$6,918

Property Taxes

$313

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 16463 Highway 331

Summary
Location and General Information
  • Directions: 331 North to Marquis. Turn right at CEFCO, parcel behind CEFCO on left
  • Road Frontage Type: County Road
  • MLS Area Minor: 2009 - S. of 20 to Rd 3280 and Blackcreek
  • MLS Area Major: 20 - Freeport
  • Latitude: 30.487171
  • Longitude: -86.120992
  • Location Tax and Legal:Sub Area: 2009 - S. of 20 to Rd 3280 and Blackcreek
  • 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: COM AT SW/C OF SEC, E 1207.20FT TO POB; CONT E 253.44FT, N 471.43FT TO CNTRLN OF GRADED ROAD, N 83 DEG 08'50''W 97.13FT, S 124.25FT, W 157.00FT, S 358.77FT TO POB. OR 2377-362 OR 2984-3954 OR 3297-4265
Taxes and HOA
  • Tax Legal Description: COM AT SW/C OF SEC, E 1207.20FT TO POB; CONT E 253.44FT, N 471.43FT TO CNTRLN OF GRADED ROAD, N 83 DEG 08'50''W 97.13FT, S 124.25FT, W 157.00FT, S 358.77FT TO POB. OR 2377-362 OR 2984-3954 OR 3297-4265
  • Parcel Number: 14-1S-19-23000-008-0051
  • Association Fee: $0
  • Tax Annual Amount: $3,761
  • Listing Info Tax Legal:Last Taxes: $3,761
  • 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: 255'x427'x92'x68'x158'x370.9
  • Lot Size Acres: 2.75
  • Lot Size Area: 2.75
  • Lot Size Units: Acres
  • Lot Features: Cleared, Level, Survey Available, Build To Suit
  • Lot Size Square Feet: 119790.0
  • General Property Info:Acreage: 2.75
  • Lot Features: Build To Suit, Cleared, Level, Survey Available
  • Lot Access: County Road2, Paved Road2
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
  • Utilities: Sewer Available, Gas Available
  • Utilities: Gas Available, Sewer Available
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 16463 Highway 331

DateEvent & SourcePriceAppreciation
Mar 4, 2025

Listed (Active)

ECAR #970132

$1,400,000
Aug 1, 2023

Sold (Public Record)

Public Record #1517017051

$950,000

+12.7% / yr

Aug 1, 2023

Sold

ECAR #904797

$950,000
Mar 1, 2023

Pending

ECAR #904797

Jan 13, 2023

Listed (Active)

ECAR #904797

$1,180,000
Nov 30, 2020

Expired

ECAR #835649

$1,750,000
Nov 20, 2019

Listed (Active)

ECAR #835649

$1,750,000
Jan 15, 2002

Sold (Public Record)

Public Record #84071585

$73,000
DateEvent & SourcePrice
03/04/2025

Listed (Active)

ECAR #970132

$1,400,000
08/01/2023

Sold (Public Record)

Public Record #1517017051

$950,000

+12.7% / yr

08/01/2023

Sold

ECAR #904797

$950,000
03/01/2023

Pending

ECAR #904797

01/13/2023

Listed (Active)

ECAR #904797

$1,180,000
11/30/2020

Expired

ECAR #835649

$1,750,000
11/20/2019

Listed (Active)

ECAR #835649

$1,750,000
01/15/2002

Sold (Public Record)

Public Record #84071585

$73,000

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

Public Records for 16463 Highway 331

Taxable ValueLand$479,160Additions-Total$479,160
Tax Record2024$3,761 ($313 / month)
Home Facts
Beds2Total Finished SqFt880 SqFtAbove Grade Finished SqFt880 SqFtStories1Lot Size119,790 SqFtStyleSingle Family ResidenceYear Built1958CountyWALTONAPN14-1S-19-23000-008-0051

Schools near 16463 Highway 331

This home is within Walton.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
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.

Similar Homes

Similar Sold Homes

16463 Highway 331 is a 2.75 ac of land for sale in Freeport, FL 32439. This property was listed for sale on March 4, 2025 by The Premier Property Group, it's currently listed at $1,400,000. It has been on the market for a total of 299 days and was last sold on August 1, 2023. This listing's school district is Walton. Nearby schools include Freeport Elementary School, Freeport Middle School and Freeport Senior High School. 16463 Highway 331 is a 0-bed, 0-bath, 2.75 ac of land on a 119,790 sq. ft. / 2.75 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 The Premier Property Group; Mainsail Realty Company

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© 2025 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.