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Commercial Land on Highway 331
For Sale
$895,000

S US Highway 331, Freeport, FL 32439

LAND - Freeport, FL

Lot Size1.72 Acres
Days on Market94

Property Features for S US Highway 331

General Information

Property type Land
Property subtype Other
Zoning Business, Coastal Center,
Lot features Addl Land Available, Irregular
Elementary school Freeport
Middle school Freeport
High school Freeport
Directions Google & Signs.. Hwy 331 South, just south of County Hwy 3280. Property is on the east side of the Hwy 331, Five lots north of Norris Cutoff Road, between County Hwy 3280 and the 331 Bridge.
Subdivision 20 - Freeport
Standard status Active
APN 04-2S-19-24000-001-0011
Lot size 1.72 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Lot 6: Com At The Se/C Of Ne4 Thence N 00 Deg 23'37
Tax Annual Amount 371
Legal Description Lot 6: Com At The Se/C Of Ne4 Thence N 00 Deg 23'37
Listing Agency: Real Broker LLC
Listed By: Seth A Matthews · License #3191771
Added: May 1 Changed: May 3 Last Checked: Aug 2 at 8:06AM
MLS# 1002116

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 1.72-acre vacant commercial land parcel is located on Highway 331. The property has business and coastal center zoning and offers potential for various business ventures. It features road frontage and high traffic counts, with over 35,000 cars per day, providing exposure suitable for retail, office space, or service-based development. The land is level and buildable, allowing for flexible site planning. The location is approximately 5 miles from the intersection of Highway 98 and Highway 331, ensuring accessibility for local and through traffic.

Key Highlights

  • High Traffic Counts: Over 35,000 cars per day provide exceptional exposure.
  • Prime Location: Highly visible on Highway 331.
  • Sizeable Land Parcel: 1.61 acres offers ample space for development.

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

193
Businesses Nearby

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - 1.72-acre commercial land with high visibility on Highway 331.
Where is this commercial land located?
The property is located at S US Highway 331 Freeport, FL.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: High Traffic Counts: Over 35,000 cars per day provide exceptional exposure.; Prime Location: Highly visible on Highway 331.; Sizeable Land Parcel: 1.61 acres offers ample space for development.
More about this property
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