19228 Highway 331
$1,199,000
Price
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Description
Investors what an opportunity ... Frontage on US HWY 331 with public water and sewer available in Freeport, one of the fastest growing areas in Florida. Current Rural Village zoning allows for many commercial business ventures including: Professional offices, restaurants, retail stores, medical offices, lodging, and several more options we can share with you. General Commercial zoning is an option if you choose to pursue it. This property includes three full lots with a 3 bedroom/2 Bathroom 2207...Investors what an opportunity ... Frontage on US HWY 331 with public water and sewer available in Freeport, one of the fastest growing areas in Florida. Current Rural Village zoning allows for many commercial business ventures including: Professional offices, restaurants, retail stores, medical offices, lodging, and several more options we can share with you. General Commercial zoning is an option if you choose to pursue it. This property includes three full lots with a 3 bedroom/2 Bathroom 2207 square foot brick home. (Potential Office Space) The interior offers a spacious kitchen, large flex space, tastefully updated bathrooms, tile and laminate flooring, and an amazing wood burning fireplace with an exterior load option. There is currently a 300 foot well and septic tank in place. Additionally, outside there is a covered patio, RV hanger, and greenhouse. The home also has a metal roof (20 years old), a tankless water heater (5 years old), and an HVAC (6 years old). The options for this property with its location in Freeport, and proximity to the bay make this a rare find! The city needs many businesses to support its incredible growth! As of 10/1/23, within the city limits of Freeport we have approx. 4,260 households (x 3 pph ) = 12,780; Residents just outside the city limits/within Freeport Service area; 4953 Households (x 3 pph ) = 14,859. All combined has the Total Freeport Community Population at 27,639. Notes from City of Freeport BIA meeting... FDEP (person per household) multiplier: 3
We are not done yet! There is much more to come... As of 10/1/23, there are 5,870 Single Family Residential Units approved , 1,764 Multi-Family Residential Units approved . This does not include the Master Planned Development units/square footage which has not yet been submitted for review. Approved development orders issues for 2024 include the following:
-Custom Portable Buildings of the Panhandle
-Old Miami Residences - 6 Townhome Units
-Express Oil Change (5,673 sqft facility)
-Chelco (28,638 sqft Operations & Service Center Facility & 1000 sqft Storage building)
-Hwy 331 Retail Center (18,030 sqft retail, 7,727 sqft restaurant, 1,228 sqft outdoor seating, 2,155 sqft future drive-thru restaurant)
-Bay-Kissed Holiday Interest - Vending permit for tree sales
-Freeport Community Center (4,000 sqft)
-Genoa Landing Phase I (68 Townhomes Units)
-The Waters at Freeport Multi-Family Development (226 apts, 8,389 sqft of Clubhouse, 1,957 sqft pool, 1,200 sqft maintenance bldg)
-Freeport of Florida POP (350 sqft Presence Facility for Uniti Fiber)
2024 Subdivision Record Plats:
Single Family Owls Head Farms Phase 1-A (42 SF units)
Single Family Owls Head Farms Phase 1-B (148 SF units)
We are not done yet! There is much more to come... As of 10/1/23, there are 5,870 Single Family Residential Units approved , 1,764 Multi-Family Residential Units approved . This does not include the Master Planned Development units/square footage which has not yet been submitted for review. Approved development orders issues for 2024 include the following:
-Custom Portable Buildings of the Panhandle
-Old Miami Residences - 6 Townhome Units
-Express Oil Change (5,673 sqft facility)
-Chelco (28,638 sqft Operations & Service Center Facility & 1000 sqft Storage building)
-Hwy 331 Retail Center (18,030 sqft retail, 7,727 sqft restaurant, 1,228 sqft outdoor seating, 2,155 sqft future drive-thru restaurant)
-Bay-Kissed Holiday Interest - Vending permit for tree sales
-Freeport Community Center (4,000 sqft)
-Genoa Landing Phase I (68 Townhomes Units)
-The Waters at Freeport Multi-Family Development (226 apts, 8,389 sqft of Clubhouse, 1,957 sqft pool, 1,200 sqft maintenance bldg)
-Freeport of Florida POP (350 sqft Presence Facility for Uniti Fiber)
2024 Subdivision Record Plats:
Single Family Owls Head Farms Phase 1-A (42 SF units)
Single Family Owls Head Farms Phase 1-B (148 SF units)
- Listed by Michelle E Thierwechter • Brokerage DRE #2028677 • Real Broker LLCP: (850)-333-6239 C: (850)-333-6239 mtrealtgroup@gmail.com
Property Details for 19228 Highway 331
Zoning
Resid Single Family
Architectural StyleRanch
Subdivision NameLAIRDS
LISTING UPDATED: 12/02/2025 04:01 PM
Property Details for 19228 Highway 331
| Status | Active |
|---|---|
| MLS # | 949219 |
| Days on Market | 610 |
| Taxes | $1,887 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Single Family |
| MLS Type | Residential / Detached Single Family |
| Year Built | 1980 |
| Lot Size | 1.18 AC / 51,400 SF |
| County | Walton County |
Location
Listing Courtesy of Real Broker LLC
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Building Information for 19228 Highway 331
Stories1Year Built1980Building Size-Lot Size1.18 AC / 51,400 SF
Payment Calculator
$6,001 per month
30 year fixed, 6.15% Interest
Principal and Interest
$5,844
Property Taxes
$157
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 19228 Highway 331
Summary
Location and General Information
- Directions: From Santa Rosa Beach HWY 98 make a left on 331 N cross over the bridge and pass Grady Brown Park on your left. Continue on HWY 331 N approximately 3 miles and make a U-turn at Carol Drive. Head south on 331 for .2 miles on the property will be on your right.
- MLS Area Minor: 2007 - Bay Grove
- MLS Area Major: 20 - Freeport
- Latitude: 30.448303
- Longitude: -86.133423
- Location Tax and Legal:Sub Area: 2007 - Bay Grove
- 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 14 BLK B + THOSE PARTS OF LOT 12 + 13 WHICH ARE N OF CENTER OF DRAIN WHICH DRAIN COMMENCES AT US HWY 331 DITCH + EMPTIES INTO CANAL IN LOT 13 IN BLK B LAIRD EDITION BK 3 PG 63 ALSO: LOT 15 BLK B AND ALSO: LOTS 16 & 17 BLK B LESS: NE1/4 OR 906-71 LESS: DOT ROW AS DESC IN OR 2801 PG 3161.
Taxes and HOA
- Tax Legal Description: LOT 14 BLK B + THOSE PARTS OF LOT 12 + 13 WHICH ARE N OF CENTER OF DRAIN WHICH DRAIN COMMENCES AT US HWY 331 DITCH + EMPTIES INTO CANAL IN LOT 13 IN BLK B LAIRD EDITION BK 3 PG 63 ALSO: LOT 15 BLK B AND ALSO: LOTS 16 & 17 BLK B LESS: NE1/4 OR 906-71 LESS: DOT ROW AS DESC IN OR 2801 PG 3161.
- Parcel Number: 34-1S-19-23070-00B-0140
- Association Fee: $0
- Tax Annual Amount: $1,887
- Listing Info Tax Legal:Last Taxes: $1,887
- Listing Info Tax Legal:Last Tax Year: 2023.0
School Information
- Elementary School: Freeport
- Middle Or Junior School: Freeport
- High School: Freeport
Parking
- Carport YN: No
- Attached Garage YN: No
- Parking Features: Converted Garage
- Covered Spaces: 2.0
- General Property Info:Covered Spaces: 2.0
- General Property Info:Driveway Spaces: 6.0
Virtual Tour
- Virtual Tour URL Unbranded: https://my.matterport.com/show/?m=sX6GYZKEF1o
Property
Lot Information
- Building Area Source: Appraiser
- Lot Size Dimensions: 113x454
- Lot Size Acres: 1.18
- Lot Size Area: 1.18
- Lot Size Units: Acres
- Property Condition: Construction Complete
- Other Structures: Greenhouse
- Lot Features: Level, Survey Available
- Building Area Total: 2207.0
- Lot Size Square Feet: 51400.8
- General Property Info:SqFt Source: Appraiser
- LotParcel Access: US Highway
- Lot Features: Level, Survey Available
Property and Assessments
- Tax Year: 2023.0
- Floor Plans Count: 0.0
- Property Type: Residential
- Year Built: 1980.0
- Property Sub Type: Detached Single Family
- New Construction YN: No
- General Property Info:Sub-Type: Detached Single Family
- General Property Info:Design: Ranch
- Listing Info Tax Legal:Homestead: No
- Construction Status: Construction Complete
- Construction Siding: Brick, Roof Metal
Utilities
- Sewer: Septic Tank
- Utilities: Electric, TV Cable
- Water Source: Well
- Electric: True
- Utilities: Electric, Private Well, Septic Tank, TV Cable
- Energy: AC - High Efficiency
Interior and Exterior Features
Exterior Features
- Construction Materials: Brick
- Stories: 1.0
- Patio And Porch Features: Patio Covered
- General Property Info:Pool: No
- General Property Info:Pool Type: None
- Exterior: Fireplace2, Greenhouse, Patio Covered
Interior Features
- Interior Features: Fireplace, Split Bedroom, Washer/Dryer Hookup
- Fireplace Features: Fireplace
- Flooring: Floor Tile
- Room Type: Bedroom, Living Room, Kitchen, Bonus Room
- Rooms Total: 5.0
- Bathrooms Total Integer: 2.0
- Bathrooms Total Decimal: 2.0
- Bathrooms Total Notational: 2.0
- Fireplace YN: Yes
- Bedrooms Total: 3.0
- Bathrooms Full: 2.0
- Bathrooms Half: 0.0
- Interior: Converted Garage, Fireplace, Floor Tile, Split Bedroom, WasherDryer Hookup
- Appliances: Cooktop, Dishwasher, StoveOven Electric
Room Information
Room 1
- Room Type: Bedroom
- Room Level: First
- Room Length: 1.0
- Room Width: 1.0
- Room Dimensions: 1 x 1
Room 2
- Room Type: Bedroom
- Room Level: First
- Room Length: 1.0
- Room Width: 1.0
- Room Dimensions: 1 x 1
Room 3
- Room Type: Living Room
- Room Level: First
- Room Length: 1.0
- Room Width: 1.0
- Room Dimensions: 1 x 1
Room 4
- Room Type: Kitchen
- Room Level: First
- Room Length: 1.0
- Room Width: 1.0
- Room Dimensions: 1 x 1
Room 5
- Room Type: Bonus Room
- Room Level: First
- Room Length: 1.0
- Room Width: 1.0
- Room Dimensions: 1 x 1
Rental
Rent Information
- General Property Info:Immediate Occupancy: No
- Listing Info Tax Legal:Is Subject Leased: Yes
- Listing Info Tax Legal:Lease Expiration Dt: 08-30-2025
Property History for 19228 Highway 331
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Dec 2, 2025 | Listed (Active) ECAR #949219 | $1,200,000 | — |
| Dec 1, 2025 | Expired ECAR #949219 | $1,199,000 | — |
| May 7, 2024 | Listed (Active) ECAR #949219 | $1,200,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 12/02/2025 | Listed (Active) ECAR #949219 | $1,200,000 |
| 12/01/2025 | Expired ECAR #949219 | $1,199,000 |
| 05/07/2024 | Listed (Active) ECAR #949219 | $1,200,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 19228 Highway 331
Taxable ValueLand$154,593Additions$126,028Total$280,621
Tax Record2024$1,977 ($165 / month)
Home Facts
Beds3Total Finished SqFt2,207 SqFtAbove Grade Finished SqFt2,207 SqFtStories1Lot Size51,488 SqFtStyleSingle Family ResidenceYear Built1980Zoning3310CountyWALTONAPN34-1S-19-23070-00B-0140Fireplace TypeHas Fireplace
Schools near 19228 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.
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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 Real Broker LLC
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.