Skip to main contentSkip to navigation
1 / 65

Improved Mixed-Use Land for Sale in Freeport, Florida

19228 S US Highway 331, Freeport, FL 32439

$1,180,000
1.58 acres
Active sale
ago
Est $6,216/mo

INVESTORS & DEVELOPERS--OPPORTUNITY ON US HWY 331\! Positioned along the rapidly growing US 331 corridor in Freeport, this property is located on a canal and offers over 400 feet of road frontage, excellent visibility, public water and sewer availability, and outstanding potential for commercial use\. Current Rural Village zoning allows for a variety of potential business uses, including professional and medical offices, restaurants, retail, lodging and more\. General Commercial zoning may also be an option, subject to applicable Walton County approvals\. The property consists of three full lots and includes an existing 2,207\-square\-foot, 3\-bedroom/2\-bath brick home, providing an excellent opportunity for conversion to professional office space or another permitted use\. The interior features a spacious kitchen, large flex space, updated bathrooms, tile and laminate flooring, and a wood\-burning fireplace with convenient exterior loading access\. A 300\-foot well and septic system are currently in place, while the availability of public water and sewer adds flexibility for future redevelopment\. With canal frontage, over 400 feet of road frontage along US Hwy 331, multiple lots, an existing structure and versatile zoning potential, this is a unique opportunity in one of Northwest Florida's rapidly growing areas\. Buyer to verify zoning, allowable uses, utilities and development potential with Walton County and applicable utility providers.

2,207
Sq feet
3
Beds
2
Full baths
1980
Built

Location

Street address
19228 S US Highway 331
Zip code
32439
Community
Lairds
Elevation
26 feet
Coordinates
30.4483, -86.1334

Directions

Take 331 south of 90 towards 331 Bridge. Property is on southbound side of 331 approximately 3 miles at Brailey.

Property details

Acreage
1.58 acres68,825 sq ft
Zoning
Resid Single Family
MLS #
ECARMLS 1012476
Posted

Property taxes

2025
$2,243

Parcels

  • 34-1S-19-23070-00B-0140

Legal description

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Lot

Features
Level, Survey Available

Exterior

Parking Spaces
6
Parking
Garage
Pool
Patio
Structures
Greenhouse

Structure

Style
Ranch
Stories
1
Water
Well
Sewer
Septic Tank
Materials
Brick

Interior

Room Count
5
Rooms
Bathroom x 2, Bedroom x 3, Bonus Room
Flooring
Tile
Fireplaces
Yes
Appliances
Cooktop, Dishwasher, Stove/Oven Electric
Features
Fireplace, Split Bedroom, Washer/Dryer Hookup

Nearby schools

NameType
FreeportElementary
FreeportMiddle
FreeportHigh

Listing history

DateEventPriceChangeSource
Sept 22, 2026New listing$1,180,000—ECARMLS
Subscribe to listing updates

Payment calculator

This 1.58-acre property is located at 19228 S US Highway 331 in Freeport, FL 32439. The property is available for sale, priced at $1,180,000. It has a 2,207 square foot 3-bedroom, 2-bath house built in 1980.

Listed by Compass, (305) 851-2820

Checked 2 hours agoUpdated Source

Report listing issue

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.

Contact listing agent Rules
By submitting, I agree to the terms of use and to be contacted by real estate professionals. Message and data rates may apply.
Contact