Commercial Land on Highway
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
(855) 450-0442
Listed By:
Seth A Matthews · License #3191771
(850) 830-7208
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
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
193
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 - 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.