17661 Highway 331

Sold 11/23/22
Sold 11/23/22
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Sold
Last Sold Price
$350,000
1 bed964 sqft$363/sqft
17661 Highway 331, Freeport, FL 32439
Single FamilyProperty Type
1.01 acresLot Size
1943Year Built
$363/sq ftPrice per sq ft

Description

Catch spectacular sunrises and sunsets from this unique 1.012 acres Commercial property offering 262' of frontage on the Lagrange Bayou which leads to Choctawhatchee Bay and 98' of Paved Road frontage US Hwy 331 S. This beautiful property offers many options for Commercial use property as well as gorgeous setting for a restaurant, doctor's office/law office or a lovely new residential home. (The general commercial use allows for (1) residential home to be built.) Property is being sold ''As Is''....Catch spectacular sunrises and sunsets from this unique 1.012 acres Commercial property offering 262' of frontage on the Lagrange Bayou which leads to Choctawhatchee Bay and 98' of Paved Road frontage US Hwy 331 S. This beautiful property offers many options for Commercial use property as well as gorgeous setting for a restaurant, doctor's office/law office or a lovely new residential home. (The general commercial use allows for (1) residential home to be built.) Property is being sold ''As Is''. Not eligible for a home loan due to the condition of the home. The existing old cabin on the property has not been given any value. It needs extensive repairs and may not meet currently zoning requirements. It is the buyer's responsibility to verify building codes & zoning regulations. Zoned General Commercial. However, property is partially located in within the Freeport city limits & partially within the county.
Listing closed: 11/23/2022 12:00 AM • Source: ECAR, MLS#: 887200

Recent comparable sales

Median sold price

$300,000

Avg days on market

115

Sale-to-list ratio

89.8%

Freeport, FL

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$1,861 per month

30 year fixed, 6.71% Interest

Principal and Interest

$1,809

Property Taxes

$52

HOA Dues

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Property Information for 17661 Highway 331

Property Details
  • Taxes: $624 / year
  • MLS Type: Residential / Detached Single Family
  • County: Walton County
  • Waterfront Features: Bayou
  • Zoning: City, Commercial,
  • Architectural Style: Cabin
  • Subdivision Name: None
  • Waterfront YN: Yes
Building Information
  • Stories: 1
  • Year Built: 1943
  • Lot Size: 1.01 AC / 43,995 SF
Summary
Location and General Information
  • Directions: From Hwy 98 Take US Hwy 331 North towards Freeport FL to Approx 8 miles. Property will be on the right.
  • Road Frontage Type: County Road, State Road
  • MLS Area Minor: 2009 - S. of 20 to Rd 3280 and Blackcreek
  • MLS Area Major: 20 - Freeport
  • Latitude: 30.469849
  • Longitude: -86.1292
  • 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 NE COR SEC, RUN W 888 FT TO HWY =83 S 17 DEG W 861.7 FT, S 73 DEG E 50 FT TO BEG, S 73 DEG E 210 FT, S 17 DEG W 210 FT, N-WLY 210 FT, N 17 DEG 210 FT TO BEG, IN LOT 1
  • Garage: false
Taxes and HOA
  • Tax Legal Description: COM NE COR SEC, RUN W 888 FT TO HWY =83 S 17 DEG W 861.7 FT, S 73 DEG E 50 FT TO BEG, S 73 DEG E 210 FT, S 17 DEG W 210 FT, N-WLY 210 FT, N 17 DEG 210 FT TO BEG, IN LOT 1
  • Parcel Number: 27-1S-19-23000-004-0000
  • Association Fee: $0
  • Tax Annual Amount: $624
  • Listing Info Tax Legal:Last Taxes: $624
  • Listing Info Tax Legal:Last Tax Year: 2021.0
School Information
  • Elementary School: Freeport
  • Middle Or Junior School: Freeport
  • High School: Freeport
Parking
  • Carport YN: No
Property
Lot Information
  • Building Area Source: Appraiser
  • Lot Size Dimensions: 98' x 260' x 114' x 261'
  • Lot Size Acres: 1.01
  • Lot Size Area: 1.01
  • Lot Size Units: Acres
  • Property Condition: Construction Complete
  • Lot Features: Flood Insurance Req, Survey Available, Wetlands, Wooded
  • Building Area Total: 964.0
  • Lot Size Square Feet: 43995.6
  • General Property Info:SqFt Source: Appraiser
  • Waterfront: Bayou
  • Waterfront Feet 2: 262
  • LotParcel Access: County Road, Paved Road, State Highway
  • Lot Features: Flood Insurance Req, Survey Available, Wetlands, Wooded
Property and Assessments
  • Road Surface Type: Paved
  • Tax Year: 2021.0
  • Floor Plans Count: 0.0
  • Property Type: Residential
  • Year Built: 1943.0
  • Property Sub Type: Detached Single Family
  • New Construction YN: No
  • General Property Info:Sub-Type: Detached Single Family
  • General Property Info:Design: Cabin
  • Listing Info Tax Legal:Homestead: false
  • Construction Status: Construction Complete
  • Construction Siding: Foundation On Piling, Frame
  • Occupancy Status: Occupied
Utilities
  • Utilities: Public Water, Septic Tank, Tap Fee Paid, Underground
  • Utilities: Public Water, Septic Tank, Tap Fee Paid, Underground
  • Energy: See Remarks
Interior and Exterior Features
Exterior Features
  • Exterior Features: Dock, Needs Work, Porch
  • Construction Materials: Foundation On Piling, Frame
  • Stories: 1.0
  • General Property Info:Pool: No
  • General Property Info:Pool Type: None
  • Exterior: Dock, Needs Work, Porch
Interior Features
  • Room Type: Kitchen, Bedroom
  • Rooms Total: 3.0
  • Bathrooms Total Integer: 1.0
  • Bathrooms Total Decimal: 1.0
  • Bathrooms Total Notational: 1.0
  • Bedrooms Total: 1.0
  • Bathrooms Full: 1.0
  • Bathrooms Half: 0.0
Room Information
Room 1
  • Room Type: Kitchen
  • Room Level: First
  • Room Length: 0.0
  • Room Width: 0.0
  • Room Description: Cabin considered no value. No measurements taken.
  • Room Dimensions: 0 x 0
Room 2
  • Room Type: Bedroom
  • Room Level: First
  • Room Length: 0.0
  • Room Width: 0.0
  • Room Description: Cabin considered no value. No measurements taken.
  • Room Dimensions: 0 x 0
Room 3
  • Room Type: Bedroom
  • Room Level: First
  • Room Length: 0.0
  • Room Width: 0.0
  • Room Description: Cabin considered no value. No measurements taken.
  • Room Dimensions: 0 x 0
Rental
Rent Information
  • General Property Info:Immediate Occupancy: true
  • Listing Info Tax Legal:Is Subject Leased: true
  • Listing Info Tax Legal:Rent/Mo: $475
  • Listing Info Tax Legal:Lease Expiration Dt: 02-01-2022

Property History for 17661 Highway 331

DateEvent & SourcePriceAppreciation
Nov 23, 2022

Sold (Public Record)

Public Record #1502210449

$350,000—
Nov 23, 2022

Sold

ECAR #887200

$350,000—
Oct 22, 2022

Pending

ECAR #887200

—
DateEvent & SourcePrice
11/23/2022

Sold (Public Record)

Public Record #1502210449

$350,000
11/23/2022

Sold

ECAR #887200

$350,000
10/22/2022

Pending

ECAR #887200

—

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

Public Records for 17661 Highway 331

Taxable ValueLand$264,600Additions$136,247Total$400,847
Tax Record2024$5,598 ($466 / month)
Home Facts
Total Finished SqFt2,706 SqFtAbove Grade Finished SqFt2,706 SqFtStories1Lot Size44,083 SqFtStyleOffice BuildingYear Built1943Year Renovated2000Zoning3310CountyWALTONAPN27-1S-19-23000-004-0000

Schools near 17661 Highway 331

This home is within Walton.
Rating
School
Type
Grades
Distance
Freeport Elementary School
Public - K 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
PublicK 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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 17661 Highway 331, Freeport, FL 32439
$350,000
1
964
43,995
17660 Highway 331, Freeport, FL 32439
$240,100
–
2
2,236
27,007
17725 Highway 331, Freeport, FL 32439
–
–
–
–
85,465
17656 Highway 331, Freeport, FL 32439
–
–
1.5
1,978
40,816
17598 Highway 331, Freeport, FL 32439
$290,000
5
2
752
25,091
121 Ramsey Br Road, Freeport, FL 32439
$400,000
3
1,676
30,492

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

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.