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Mixed-Use Land for Sale in Freeport, Florida

S 331 Hwy, Freeport, FL 32439

$3,200,000
2.22 acres
Active
Est $24,028/mo

This offering consists of a 2.2-acre parcel with 650 feet of highway frontage on 331S just before entering the 331 Bridge. This area is commonly known as the 'Gateway to South Walton'. The daily FDOT traffic count is 34,000 vehicles. Key infrastructure features include a deceleration lane, signalized intersection, and three paved access points, creating 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. Survey, Traffic Impact Analysis avail.

Location

Street address
S 331 Hwy
Community
Freeport
Elevation
7 feet
Coordinates
30.4346, -86.153

Directions

From the intersection of SR20 & 331S, take 331S toward the Clyde Wells Bridge (commonly called the 331 bridge). This property is on the West side of 331 just before you enter the bridge and next to Walton County Grady Brown Public Park.

Property details

Acreage
2.22 acres
MLS #
ECARMLS 979313
Posted

Parcels

  • 04-2S-19-24000-023-0000

Details and features

Listing

Type
Residential
Subtype
Condominium

Listing history

DateEventPriceChangeSource
Oct 16, 2025Back on market$3,200,000ECARMLS
Aug 20, 2025Under contract$3,200,000ECARMLS
June 21, 2025New listing$3,200,000ECARMLS
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This 2.22-acre property is located at S 331 Hwy in Freeport, FL 32439. The property is available for sale for $3,200,000 with a price per acre of $1,441,441.

Checked 38 mins ago — Updated

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