$950,000
Price
30,056 / 0.69
Lot Size / Acres

Description

1.2 acres +/- of VACANT COMMERCIAL land. Parcels are located High and Dry in FEMA Flood Zone X. Located 1.2 miles south of HWY 20 and HWY 331 intersection. Across the street from Riverwalk Subdivision, Eglin Federal Credit Union, 1/2 miles to Publix, Less than 1,000ft from the new Walmart that was just approved for build. Current traffic trends indicated upwards of 30,000 vehicles per day on average. Water and Electric are already on site.1.2 acres +/- of VACANT COMMERCIAL land. Parcels are located High and Dry in FEMA Flood Zone X. Located 1.2 miles south of HWY 20 and HWY 331 intersection. Across the street from Riverwalk Subdivision, Eglin Federal Credit Union, 1/2 miles to Publix, Less than 1,000ft from the new Walmart that was just approved for build. Current traffic trends indicated upwards of 30,000 vehicles per day on average. Water and Electric are already on site.
  1. Listed by Terry A Kemp • Brokerage DRE #1012107 • Keller Williams Realty Destin
    P: (850)-225-4188 terrykemp@kw.com

Property Details for S South Us-331

Zoning
County
Subdivision Name
Highway 331
LISTING UPDATED: 12/02/2025 01:29 PM

Property Details for S South Us-331

StatusActive
MLS #990523
Days on Market23
Taxes$1,383 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Vacant Land
Year Built-
Lot Size0.69 AC
CountyWalton County

Location

Listing Courtesy of Keller Williams Realty Destin
Add your commute

Building Information for S South Us-331

Lot Size0.69 AC

Payment Calculator

$4,810 per month

30 year fixed, 6.28% Interest

Principal and Interest

$4,694

Property Taxes

$115

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for S South Us-331

Summary
Location and General Information
  • Directions: Turn South from HWY 20 to HWY 331 S, property is located on East side of HWY 331 approx.. 1.2 miles south of HWY 20
  • Road Frontage Type: State Highway
  • MLS Area Minor: 2009 - S. of 20 to Rd 3280 and Blackcreek
  • MLS Area Major: 20 - Freeport
  • Latitude: 30.480425
  • Longitude: -86.125062
  • 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 THE NW/C OF SEC 23-1S- 19W THENCE RUN E 657.20FT RUN S 215.60FT THENCE RUN S 18 DEG 01'00''W 2,097FT TO THE POB ON THE E ROW OF ST RD #331 CONT ALONG ROW RUN S 18 DEG 01'00''W 75FT RUN S 71 DEG 59'00''E 400 FT RUN N 18 DEG 01'00''E 75FT RUN N 71 DEG 59'00''W 400FT TO THE POB OR 1126-292 OR 2642-4008 LESS: DOT ROW AS DESC IN OR 2808-3269 OR 2873-1426 OR 3311-1154
Taxes and HOA
  • Tax Legal Description: COM AT THE NW/C OF SEC 23-1S- 19W THENCE RUN E 657.20FT RUN S 215.60FT THENCE RUN S 18 DEG 01'00''W 2,097FT TO THE POB ON THE E ROW OF ST RD #331 CONT ALONG ROW RUN S 18 DEG 01'00''W 75FT RUN S 71 DEG 59'00''E 400 FT RUN N 18 DEG 01'00''E 75FT RUN N 71 DEG 59'00''W 400FT TO THE POB OR 1126-292 OR 2642-4008 LESS: DOT ROW AS DESC IN OR 2808-3269 OR 2873-1426 OR 3311-1154
  • Parcel Number: 23-1S-19-23000-001-0110
  • Association Fee: $0
  • Tax Annual Amount: $1,383
  • Listing Info Tax Legal:Last Taxes: $1,383
  • 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: 150x350
  • Lot Size Acres: 0.69
  • Lot Size Area: 0.69
  • Lot Size Units: Acres
  • Lot Size Square Feet: 30056.4
  • General Property Info:Acreage: 0.69
  • Lot Access: State Highway2
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
  • Utilities: None
  • Utilities: None
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 S South Us-331

DateEvent & SourcePriceAppreciation
Dec 1, 2025

Listed (Active)

ECAR #990523

$950,000
DateEvent & SourcePrice
12/01/2025

Listed (Active)

ECAR #990523

$950,000

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

Schools near S South Us-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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S South Us-331 is a 0.69 ac of land for sale in Freeport, FL 32439. This property was listed for sale on December 1, 2025 by Keller Williams Realty Destin, it's currently listed at $950,000. This listing's school district is Walton. Nearby schools include Freeport Elementary School, Freeport Middle School and Freeport Senior High School. S South Us-331 is a 0-bed, 0-bath, 0.69 ac of land on a 30,056 sq. ft. / 0.69 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 Keller Williams Realty Destin

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.