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Commercial Land for Sale in Freeport, Florida

S US Highway 331, Freeport, FL 32439

$699,000
1.15 acres
Active sale
$51k drop
Est $5,052/mo

PRIME COMMERCIAL REAL ESTATE in one of Florida's fastest-growing cities! This approximately 1.15-acre vacant parcel offers an impressive 278 feet of frontage along high-traffic US Highway 331, providing exceptional visibility and exposure for a future business or investment. Ideally positioned directly across the highway from the cleared parcel planned for Chick-fil-A, ALDI, and Wawa--and conveniently located near the planned new Walmart development--this property sits in the heart of Freeport's rapidly expanding commercial corridor. Zoned General Commercial and located near Rodney Drive, the parcel provides convenient access to Freeport, South Walton, and surrounding communities. Potential for a variety of commercial uses, subject to county approval. Buyer to independently verify all proposed surrounding developments, zoning, permitted uses, access, utilities, wetlands, dimensions, frontage, and any information deemed important. Seller is motivated!

Location

Street address
S US Highway 331, Lot 7-8
Zip code
32439
Community
Nonesuch Way
Elevation
36 feet
Coordinates
30.4454, -86.137

Directions

Heading south on Hwy 331, vacant lot can be located on the south side of Rodney Circle.

Property details

Acreage
1.15 acres50,094 sq ft
Zoning
Commercial
MLS #
ECARMLS 1009709
Posted

Property taxes

2025
$1,587

Parcels

  • 34-1S-19-23070-00B-0070

Legal description

Details and features

Listing

Type
Land

Lot

Waterfront
Yes
Features
Within 1/2 Mile to Water

Nearby schools

NameType
FreeportElementary
FreeportMiddle
FreeportHigh

Listing history

DateEventPriceChangeSource
Sept 16, 2026Price drop$699,000$51,000 -6.8%ECARMLS
Aug 12, 2026New listing$750,000—ECARMLS
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This 1.15-acre property is located at S US Highway 331 Lot 7-8 in Freeport, FL 32439. The land is available for sale, priced at $699,000 — $607,826 per acre.

Listed by Real Broker, (855) 450-0442

Checked 1 hour agoUpdated Source

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