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Freeport Flex Space Development
For Lease
$21 SF/Yr

20431 Us Highway 331 S, Freeport, FL 32439

40,000 SF development with high visibility and easy highway access.

Space Size2,400 SF
Property Size39,986 SF
Days on Market211

Property Features for 20431 Us Highway 331 S

General Information

Standard status Active
Size 2,400 SF
Class A
Property subtype Office
Lease Term Starting From

Building Details

Building Size 39,986 SF
Year Built 2025

Spaces For Lease

at 20431 Us Highway 331 S Contact us

331 Commercial District $21/SF/Yr

Size
2,400 SF
Type
Office Warehouse
Term
Negotiable
Contact us
Listing Agency: Bellcore Commercial LLC
Listed By: Harry Bell Jr. · License #FL #BK3026917
Source: Bellcorecommercial
Added: Jan 27 Changed: Aug 8 Last Checked: Aug 26 at 5:56AM

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 Bellcore Commercial LLC

Investment Insights

Based on property information with market context.

This 40,000 SF development is located on a key corridor to South Walton, offering high visibility and convenient highway access within a rapidly growing market. The property features three warehouse buildings, comprising a total of 16 units. Lease options include individual units or entire buildings. The garage doors measure 12' wide by 14' high. The development is strategically located in Freeport, Florida, an area experiencing high demand for flex space. The surrounding community offers proximity to beaches, dining options such as the Freeport Café and The Bay Restaurant & Oyster Bar, and recreational opportunities including Hammock Bay Golf Course and nearby state parks. The estimated completion date is Spring 2026.

Key Highlights

  • Strategic location in a rapidly growing market with high demand for flex space and limited warehouse availability.
  • Versatile lease options: individual units or full buildings are available.
  • High visibility and easy highway access on a key corridor to South Walton.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick HVAC Service Real Estate Agency Storage Facility Carpet & Flooring Store Hair Salon Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.15 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

44
Businesses Nearby
Well-served
Demand for This Use

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

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - 40,000 SF development with high visibility and easy highway access.
Where is this flex space located?
The property is located at 20431 Us Highway 331 S Freeport, FL.
What is the lease rate?
The lease rate is $21 SF/Yr.
What are key features of this property?
This property features: Strategic location in a rapidly growing market with high demand for flex space and limited warehouse availability.; Versatile lease options: individual units or full buildings are available.; High visibility and easy highway access on a key corridor to South Walton.
More about this property
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