$1,200,000
$1,750,000
31.4%For more information regarding the value of a property, please contact us for a free consultation.
653,400 SqFt
SOLD DATE : 10/01/2026
Key Details
Sold Price $1,200,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 653,400 sqft
Price per Sqft $1
MLS Listing ID 977667
Sold Date 10/01/26
Lot Size 15.000 Acres
Acres 15.0
Source Emerald Coast Association of REALTORS®
Property Description
Price reduced on 11 July 2026. Sellers are motivated. Bring offers! Located on Business Highway 331 in Freeport, Florida this property consists of 15+ acres with approximately 750 feet of highway frontage on Business Highway 331. Zoned R-3 High Density Residential plus a flood zone rating of X will accommodate up to several units per acre for future development as per City of Freeport land use guidelines. City water, city sewer. and power are available. Three schools, Freeport Elementary, Freeport Middle School and Freeport High School are located within 2 miles of this property. New middle school is being built in Hammock Bay is less than 4 miles away. This property includes a 2500 square foot custom built home and two large sheds for vehicles, boats or equipment. This unique property is located just 20 minutes from the Beaches of South Walton, 30 minutes from Eglin Air Force Base and only 15 minutes from Interstate 10 and DeFuniak Springs, Florida. Freeport Industrial Park with multiple businesses ais located approximately 1/2 mile from this property. There are multiple parks and boat launch facilities for recreational pleasure within minutes of this location.
Location
State FL
County Walton
Area 20 - Freeport
Zoning R-3
Direction From Highway 20 turn North onto Highway 331 Business. Travel 2.8 miles property is on the west side of Highway 331.
Exterior
Garage No
Building
Faces From Highway 20 turn North onto Highway 331 Business. Travel 2.8 miles property is on the west side of Highway 331.
Others
Pets Allowed No
Tax ID 03-1S-19-23000-005-0010
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