Waterfront Commercial
For Sale
$4,250,000
19494 Us Highway 331, Freeport, FL 32439
Land, Freeport, FL
Property SizeContact for details
Lot Size14.44 Acres
Days on Market846
Property Features for 19494 Us Highway 331
General Information
Property type
Land
Property subtype
Other
Zoning
Commercial, County, Resid
Subdivision
METES & BOUNDS
Lot features
Interior, Wetlands, Wooded
Elementary school
Freeport
Middle school
Freeport
High school
Freeport
Directions
Property is located just North of Laird Dr on the West side of US Hwy 331. Please note, Rodney Dr does NOT border this property.
Standard status
Active
APN
34-1S-19-23000-014-0000
Lot size
14.44 Acres
Taxes and HOA fees
Tax Year
2023
Tax Description
COM AT THE SW/C OF SEC 34-1S- 19W THENCE N 87 DEG 35'E ALONG THE S BDY OF SEC 34 A DISTANCE OF 551.67FT TO IT'S INTER- SECTION WITH THE NW ROW LINE OF FLORIDA STATE HWY #83 (AKA US HWY 331) THENCE N 59 DEG 27'E ALONG SAID ROW LINE A DISTANCE OF 471.04FT TO A CONCRETE MONUMENT THENCE N 01 DEG 41'W 343.70FT TO A CONCRETE MONUMENT THENCE N 59 DEG 28'E 695.15FT TO POB OF THE FOLLOWING DESC TRACT OF L
Tax Annual Amount
2981
Legal Description
COM AT THE SW/C OF SEC 34-1S- 19W THENCE N 87 DEG 35'E ALONG THE S BDY OF SEC 34 A DISTANCE OF 551.67FT TO IT'S INTER- SECTION WITH THE NW ROW LINE OF FLORIDA STATE HWY #83 (AKA US HWY 331) THENCE N 59 DEG 27'E ALONG SAID ROW LINE A DISTANCE OF 471.04FT TO A CONCRETE MONUMENT THENCE N 01 DEG 41'W 343.70FT TO A CONCRETE MONUMENT THENCE N 59 DEG 28'E 695.15FT TO POB OF THE FOLLOWING DESC TRACT OF L
Utilities
Sewer type
Septic Tank
Water source
Well
Water front features
Pond
Water front
1
Listing Agency:
Merrifield & Pilcher Realty
(850) 892-9650
Listed By:
Sally R Merrifield · License #492292
(850) 865-0640
Added: May 13, 2024
Changed: Aug 19
Last Checked: Sep 5 at 4:06PM
MLS# 949762
Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 14.44-acre land tract includes a commercial land-use area across the front portion, while the balance is designated Rural Residential on the Walton County Land Use Map. The property remains undeveloped and features mature oak trees, a pond with a dam, and a boundary along Mallet Bayou, which connects to Choctawhatchee Bay. Flood mapping indicates that 68% of the tract is in Zone X.
Access includes approximately 300 feet along US Hwy 331 and approximately 550 feet along Laird Dr. Davis Rd is identified in some maps as the private drive serving the property and is included in the legal description. The site is in the county and is served by a well and septic tank.
Access includes approximately 300 feet along US Hwy 331 and approximately 550 feet along Laird Dr. Davis Rd is identified in some maps as the private drive serving the property and is included in the legal description. The site is in the county and is served by a well and septic tank.
Key Highlights
- 14.44 acres with commercial land use on the front portion and Rural Residential designation across the remainder
- Approximately 300 ft on US Hwy 331 and approximately 550 ft on Laird Dr
- Borders Mallet Bayou, which feeds into Choctawhatchee Bay
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
41
Businesses Nearby
Explore this area
Business Placement
Demographics for 32439, FL
12,943
Population
6,772
Households
1.9
Avg Household Size
41
Median Age
30%
College-Educated
92%
High-School Grad
96.5 sq mi
ZIP Area
134
Density / Sq Mi
$77,500
Median Household Income
$40,358
Median Earnings
$1,657
Median Rent
$343,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Wooded commercial acreage with bayou and pond frontage, dual-road access, and mixed land-use designations.
Where is this commercial land located?
The property is located at 19494 Us Highway 331 Freeport, FL.
What is the asking price?
The asking price for this property is $4,250,000.
What are key features of this property?
This property features: 14.44 acres with commercial land use on the front portion and Rural Residential designation across the remainder; Approximately 300 ft on US Hwy 331 and approximately 550 ft on Laird Dr; Borders Mallet Bayou, which feeds into Choctawhatchee Bay
