Freeport Land on Highway
For Sale
$2,650,000
Pending
20.2 Acres US-331, Freeport, FL 32439
LAND - Freeport, FL
Lot Size19.82 Acres
Days on Market877
Property Features for 20.2 Acres US-331
General Information
Property type
Land
Property subtype
Other
Zoning
Business, Commercial, Res
Lot features
Irregular, Survey Available, Within 1/2 Mile to Water, Wooded
Elementary school
Freeport
Middle school
Freeport
High school
Freeport
Directions
Hwy 331 South. Pass Freeport Publix. This land is just south of Waterside Ln. 120 ft of this property is on Waterside Ln and can be accessed from Waterside Ln.
Subdivision
20 - Freeport
Standard status
Pending
APN
34-1S-19-23000-001-0100
Lot size
19.82 Acres
Taxes and HOA fees
Tax Year
2023
Tax Description
COM NE/C SEC, RUN W 1879 FT, S 620.73 FT TO POB, N 87 DEG 09' 15'' W 345 FT, N 88 DEG 36'58'' W 215.38 FT, N 79 DEG 43'33'' W 174.33 FT, N 68 DEG 41'10'' W 204.09 FT, N 62 DEG 09'12'' W 108.10 FT, N 79 DEG 14'16'' W 326.5 FT, S 946.5 FT, N 89 DEG 38'45'' E 1318.6 FT TO W R/W ST RD 83, N 1 DEG 08'00'' E 698.91 FT TO POB. (23.51 AC) ALSO COM NE/C SEC, RUN W 1879 FT TO W R/W ST RD 83, S 1 DEG 08'00''
Tax Annual Amount
3684
Legal Description
COM NE/C SEC, RUN W 1879 FT, S 620.73 FT TO POB, N 87 DEG 09' 15'' W 345 FT, N 88 DEG 36'58'' W 215.38 FT, N 79 DEG 43'33'' W 174.33 FT, N 68 DEG 41'10'' W 204.09 FT, N 62 DEG 09'12'' W 108.10 FT, N 79 DEG 14'16'' W 326.5 FT, S 946.5 FT, N 89 DEG 38'45'' E 1318.6 FT TO W R/W ST RD 83, N 1 DEG 08'00'' E 698.91 FT TO POB. (23.51 AC) ALSO COM NE/C SEC, RUN W 1879 FT TO W R/W ST RD 83, S 1 DEG 08'00''
Listing Agency:
Keller Williams Realty Destin
(850) 654-2900
Listed By:
John A King · License #440464
(850) 585-4537
Added: Mar 5, 2024
Changed: Apr 27
Last Checked: Jul 30 at 4:06PM
MLS# 943946
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 19.82-acre property is zoned Rural Village and features 700 feet of frontage on Highway 331, along with 120 feet of access along Waterside Lane. The land offers the potential for division into approximately 6 acres for commercial shopping or business use and 12 acres for a residential subdivision. An alternative development option includes a live, work, play community. The property is located in Freeport, Florida. Available documentation from the seller includes a boundary survey, TOPO survey, and wetland delineation.
Key Highlights
- 700ft of frontage on Hwy 331 offers high visibility and accessibility.
- Zoned Rural Village allows for diverse development options.
- Potential for commercial (6 acres) and residential (12 acres) development.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
24
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 - 19.82 acres in Freeport, Florida with development potential.
Where is this commercial land located?
The property is located at 20.2 Acres US-331 Freeport, FL.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: 700ft of frontage on Hwy 331 offers **high visibility and accessibility**.; Zoned Rural Village allows for diverse development options.; Potential for **commercial (6 acres) and residential (12 acres) development**.
