331 US Highway 331

Freeport, FL 32439

$500,000
Price
43,560 / 1
Lot Size / Acres
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Owls Head-7
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Owls Head PNG

Description

500k is the per acre price on commercial parcels with limited us hwy 331 frontage depending on subdivision and use! Up to ±350 acres available within a mixed-use development in the growing Owls Head area of Freeport. The property offers flexibility for both commercial and residential uses, including prime outparcel opportunities suitable for QSR, coffee, bank, car wash, automotive, and other retail or service users. Seeking commercial developers! Various commercial parcels available. Residential...500k is the per acre price on commercial parcels with limited us hwy 331 frontage depending on subdivision and use! Up to ±350 acres available within a mixed-use development in the growing Owls Head area of Freeport. The property offers flexibility for both commercial and residential uses, including prime outparcel opportunities suitable for QSR, coffee, bank, car wash, automotive, and other retail or service users. Seeking commercial developers! Various commercial parcels available. Residential potential includes single-family and high-density opportunities. The site can be subdivided to accommodate a wide range of uses and user sizes. Ownership will consider land sales, ground lease, or build-to-suit. Pricing and lot sizes will vary based on subdivision and intended use.
  1. Listed by Marcie L Campbell • Tide & Timber Properties
    P: (214)-543-8225 C: (214)-543-8225 marcie@tideandtimberproperties.com

Property Details for 331 US Highway 331

Zoning
Commercial, Resid Multi-Family, Resid Single Family
Subdivision Name
OWL'S HEAD
LISTING UPDATED: 04/01/2026 10:03 AM

Property Details for 331 US Highway 331

StatusActive
MLS #999375
Days on Market2
Taxes$41,157 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Vacant Land
Year Built-
Lot Size1.00 AC
CountyWalton County
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Location

Listing Courtesy of Tide & Timber Properties
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Building Information for 331 US Highway 331

Lot Size1.00 AC

Payment Calculator

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$5,948 per month

30 year fixed, 6.46% Interest

Principal and Interest

$2,518

Property Taxes

$3,430

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 331 US Highway 331

Summary
Location and General Information
  • Community Features: Golf
  • Directions: The intersection of US 331 and Business 331 and surrounding areas
  • MLS Area Minor: 2006 - N. of 20 to Hwy 331
  • MLS Area Major: 20 - Freeport
  • Latitude: 30.542256
  • Longitude: -86.102055
  • Location Tax and Legal:Sub Area: 2006 - N. of 20 to Hwy 331
  • 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: ANY PORTION OF FOLLOWING LYING IN SECTIONS 24,25 & 36 1N-19: COM SW/COR SEC 36,N 01 DEG 02' 20''E 1321.35 FT TO SW/COR OF N1/2 OF S1/2 SEC 36,S 88 DEG 39'44''E 20.30 FT TO PT ON NON TANGENT CURVE ON E/LY ROW US HWY 331 FOR POB,THENCE RUN NE/LY ALG ARC CURVE CONCAVE E/LY RADIUS 22,753.31 FT, THROUGH CENTRAL ANGLE 124.52 FT ARC DIST 561.68 FT,(CHORD BEARING=N 04 DEG 12'43''E DIST= 561.66 FT)TO PT TA
  • Project Facilities: Golf
Taxes and HOA
  • Tax Legal Description: ANY PORTION OF FOLLOWING LYING IN SECTIONS 24,25 & 36 1N-19: COM SW/COR SEC 36,N 01 DEG 02' 20''E 1321.35 FT TO SW/COR OF N1/2 OF S1/2 SEC 36,S 88 DEG 39'44''E 20.30 FT TO PT ON NON TANGENT CURVE ON E/LY ROW US HWY 331 FOR POB,THENCE RUN NE/LY ALG ARC CURVE CONCAVE E/LY RADIUS 22,753.31 FT, THROUGH CENTRAL ANGLE 124.52 FT ARC DIST 561.68 FT,(CHORD BEARING=N 04 DEG 12'43''E DIST= 561.66 FT)TO PT TA
  • Parcel Number: 25-1N-19-17000-001-0020
  • Association Fee: $0
  • Tax Annual Amount: $41,157
  • Listing Info Tax Legal:Last Taxes: $41,157
  • Listing Info Tax Legal:Last Tax Year: 2025.0
School Information
  • Elementary School: Freeport
  • Middle Or Junior School: Freeport
  • High School: Freeport
Property
Lot Information
  • Lot Size Dimensions: Varied
  • Lot Size Acres: 1.0
  • Lot Size Area: 1.0
  • Lot Size Units: Acres
  • Lot Features: Addl Land Available, Cleared, Survey Available, Build To Suit, Will Divide
  • Lot Size Square Feet: 43560.0
  • General Property Info:Acreage: 1.0
  • Lot Features: Addl Land Available, Build To Suit, Cleared, Survey Available, Will Divide2
Property and Assessments
  • Tax Year: 2025.0
  • 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, None, Other
  • Electric: True
  • Utilities: Electric, Public Sewer, Public Water, None, Other5
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: false

Property History for 331 US Highway 331

DateEvent & SourcePriceAppreciation
Apr 1, 2026

Listed (Active)

ECAR #999432

$750,000—
Apr 1, 2026

Listed (Active)

ECAR #999435

$21,000,000—
Apr 1, 2026

Listed (Active)

ECAR #999438

$3,600,000—
Mar 31, 2026

Listed (Active)

ECAR #999375

$500,000—
DateEvent & SourcePrice
04/01/2026

Listed (Active)

ECAR #999432

$750,000
04/01/2026

Listed (Active)

ECAR #999435

$21,000,000
04/01/2026

Listed (Active)

ECAR #999438

$3,600,000
03/31/2026

Listed (Active)

ECAR #999375

$500,000

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

Schools near 331 US 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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More information about 331 US Highway 331, Freeport, FL 32439

331 US Highway 331 is a 1 ac of land for sale in Freeport, FL 32439. This property was listed for sale on March 31, 2026 by Tide & Timber Properties, it's currently listed at $500,000. This listing's school district is Walton. Nearby schools include Freeport Elementary School, Freeport Middle School and Freeport Senior High School. 331 US Highway 331 is a 0-bed, 0-bath, 1 ac of land on a 43,560 sq. ft. / 1 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 Tide & Timber Properties

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.