14.4 Acres on US
For Sale
$4,250,000
19494 Us Highway 331, Freeport, FL 32439
14.4 acres with commercial and residential land use.
Property SizeContact for details
Lot Size14.44 Acres
Days on Market842
Property Features for 19494 Us Highway 331
General Information
Standard status
Active
Lot size
14.44 Acres
Property subtype
Commercial
Listing Agency:
MERRIFIELD & PILCHER REALTY
(850) 892-9650
Listed By:
SALLY R MERRIFIELD · License #492292
(850) 865-0640
Source:
Corcoran
Added: May 14, 2024
Changed: Aug 14
Last Checked: Aug 14 at 6:01AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MERRIFIELD & PILCHER REALTY
Investment Insights
Based on property information with market context.
This 14.4-acre property is located just north of the Clyde Wells Bridge, providing convenient access to South Walton and the beach. The front portion of the property is designated for commercial use, while the remaining area is zoned as Rural Residential, according to the Walton County Land Use map. Approximately 68% of the property is located in Zone X, according to the NWFWMD Flood map. The property borders Mallet Bayou, which flows into Choctawhatchee Bay, and includes a small pond with a dam. It features approximately 300 feet of frontage on US Highway 331 and approximately 550 feet on Laird Dr. Davis Rd, a private drive into the property owned by the seller, is referenced on several maps and legal documents. The land remains untouched, showcasing mature oak trees representative of "Old Florida", presenting numerous possibilities. The property is located within the County.
Key Highlights
- 14.4 acres with commercial and rural residential land use, offering diverse development potential.
- Easy access to South Walton and the beach due to its location just North of the Clyde Wells Bridge.
- 68% of the property is in flood zone X, indicating lower flood risk.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
40
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 - 14.4 acres with commercial and residential land use.
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: 14.4 acres with commercial and rural residential land use, offering diverse development potential.; Easy access to South Walton and the beach due to its location just North of the Clyde Wells Bridge.; 68% of the property is in flood zone X, indicating lower flood risk.
