TBD S 331 Highway, Freeport, FL 32439

$3,200,000
Property Type: Commercial for Sale Lot Size (sq. ft.): 96,703 Status: Active
Current Price: $3,200,000 List Date: 10/16/2025 Last Modified: 7/30/2026

Overview

Description

'Gateway to South Walton'. Prime corner location consists of 2.2-acre parcel with 650 feet of highway frontage on 331S just before crossing the 331 Bridge. The daily FDOT traffic count is 34,000 vehicles. Key infrastructure features include a deceleration lane, signalized intersection, and three paved access points, creating excellent ingress and egress. The property is entirely 'high & dry' and sits adjacent to Grady Brown Park, a public recreational area offering direct access to Choctawhatchee Bay with swimming, fishing, and boat launch facilities. A view of the Bay is possible from the property. Terrific location for retail, restaurant, motel, convenience store, or similar business where high traffic visibility is important. Location within Freeport's rapidly expanding commercial corridor with major developments recently announced including Walmart, Aldi, WaWa, Chick-fil-A, Holiday Inn, and others. Survey, Traffic Impact Analysis avail.

Listing Details MLS# 979313

Contract Info

GCCMLS Number
42824600
Listing Board
Emerald Coast

Location Tax and Legal

Area
20 - Freeport
Street #
TBD
Street Direction
S
Street Name
331
Street Suffix
Highway
State
FL
Zip Code
32439
County
Walton
Parcel ID
04-2S-19-24000-023-0000

General Property Info

Listed on GCCMLS
Yes
Vacant
Yes
Immediate Occupancy
Yes
Acreage
2.22

More Information

Location, Tax and Legal

Sub Area
2007 - Bay Grove
Legal Description
Long Legal.

Listing Info, Tax & Legal

As Is
Yes

Remarks & Misc

Remarks
'Gateway to South Walton'. Prime corner location consists of 2.2-acre parcel with 650 feet of highway frontage on 331S just before crossing the 331 Bridge. The daily FDOT traffic count is 34,000 vehicles. Key infrastructure features include a deceleration lane, signalized intersection, and three paved access points, creating excellent ingress and egress. The property is entirely 'high & dry' and sits adjacent to Grady Brown Park, a public recreational area offering direct access to Choctawhatchee Bay with swimming, fishing, and boat launch facilities. A view of the Bay is possible from the property. Terrific location for retail, restaurant, motel, convenience store, or similar business where high traffic visibility is important. Location within Freeport's rapidly expanding commercial corridor with major developments recently announced including Walmart, Aldi, WaWa, Chick-fil-A, Holiday Inn, and others. Survey, Traffic Impact Analysis avail.

Class

Land
Yes

Property Features

Class: Land
Listing Office: Gilbert Realty
Last Updated: July - 30 - 2026
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.

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