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    19228 Us-331 Freeport, FL 32439

    Sponsored
    For Sale
    $1,200,000

    Prime Freeport retail space, huge potential!

    Property size:
    2,207 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Freeport, Florida property presents a unique investment opportunity. Located at 19228 US-331, this 2,207 square foot storefront sits on a 1.18-acre lot (APN: 34-1S-19-23070-00B-0140) and boasts a compelling blend of residential and commercial possibilities. Currently zoned Resid Single Family and General Commercial, the property is undergoing rezoning efforts to achieve full General Commercial status, unlocking significant potential for various business ventures. The existing structure is a 3-bedroom, 2-bathroom brick home built in 1980, featuring a spacious kitchen, large flex space, updated bathrooms, tile and laminate flooring, and a wood-burning fireplace with an exterior load option. Improvements include a metal roof (20 years old), tankless water heater (5 years old), and HVAC system (6 years old). Utilities include a 300-foot well and septic tank, with city water access also available. Exterior amenities include a covered patio, RV hangar, and greenhouse. The asking price is $1,200,000, translating to $543.72 per square foot. Given Freeport's phenomenal growth and the property's strategic location near the bay, this represents a rare chance to capitalize on a thriving market. A Matterport virtual tour is available for a detailed view of the property.

    Property Features for 19228 Us-331

    General Information

    Property type
    Individual retail properties
    Square Feet
    2,207 SF
    Lot Size
    51,401 SF

    Building Details

    Year Built
    1980
    Stories
    1

    HighLights

    • High‑quality Matterport 3D virtual tour available.
    • Prime location in a thriving commercial district.
    • Modern, efficient floor plan ideal for various businesses.
    • Abundant natural light throughout the space.
    • Recently renovated with high‑end finishes.
    • Competitive lease terms available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Freeport
    County
    Walton
    State
    Florida
    Longitude
    -86.1334669
    Latitude
    30.4481875

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    FAQs

    What type of property is this?
    Individual retail property - Prime Freeport retail space, huge potential!
    Where is this individual retail property located?
    The property is located at 19228 Us-331 Freeport, FL.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: High-quality Matterport 3D virtual tour available.; Prime location in a thriving commercial district.; Modern, efficient floor plan ideal for various businesses.
    Request Owner's contact information
    19228 Us-331 Freeport, FL 32439
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    Freeport, FL 32439
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    19228 Us-331 Freeport, FL 32439
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