Prime Land on Highway
For Sale
$2,995,000
20502 US-331, Freeport, FL 32439
Over 3 acres with highway frontage in Freeport, Florida.
Property SizeContact for details
Lot Size3.41 Acres
Days on Market267
Property Features for 20502 US-331
General Information
Standard status
Active
Lot size
3.41 Acres
Property subtype
Commercial
Listing Agency:
SOMERS & COMPANY
(850) 654-7777
Listed By:
John Paul Somers · License #3210089
(850) 654-7777
Source:
Elliman
Added: Nov 28, 2025
Changed: Aug 8
Last Checked: Aug 8 at 5:54AM
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 SOMERS & COMPANY
Investment Insights
Based on property information with market context.
This property features over 3 acres of land with industrial zoning along the newly expanded Highway 331. It is located less than a half mile north of the new bridge crossing the Choctawhatchee Bay in South Walton County, within the emerging market of Freeport, Florida. The parcel includes approximately 310 feet of highway frontage, potentially catering to a variety of uses and site-planning scenarios. Intended use of the property is not specified. Future land use and zoning should be verified with Walton County Planning & Zoning.
Key Highlights
- Industrial zoning offers development opportunities.
- Prime location on Highway 331 in Freeport, Florida.
- Approximately 310' of highway frontage provides excellent visibility and access.
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 - Over 3 acres with highway frontage in Freeport, Florida.
Where is this commercial land located?
The property is located at 20502 US-331 Freeport, FL.
What is the asking price?
The asking price for this property is $2,995,000.
What are key features of this property?
This property features: Industrial zoning offers development opportunities.; Prime location on Highway 331 in Freeport, Florida.; Approximately 310' of highway frontage provides excellent visibility and access.
