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Freeport 32439
331 N Business
$1,000,000
● Land - In Contract

331 N Business

Freeport, FL 32439
bedrooms
Studio
bathrooms
0 Bath
$5,103
Est. Monthly

About This Property

Great Development Opportunity in the City Limits of Freeport, Florida. 10 +/- acres located on Business Highway 331 in Freeport.  Freeport is considered one of the fastest growing cities in Florida. Approximately 500 feet of highway frontage on Business Highway 331 zoned R-3 High Density Residential with a Flood Zone Rating of X makes this an ideal property for development. City water, city sewer and power are available. Freeport, Elementary, Freeport Middle School and Freeport High School are located within 2 miles of this property.  Freeport Industrial park is located approximately1/2 miles from this property. Additional land is available. Please see MLS#932565 for information. Only 20 minutes to the Beaches of South Walton, 10 minutes to Choctawhatchee Bay, 30 minutes to Eglin Air Force Base, and only 15 minutes to Interstate 10 and DeFuniak Springs. Power, water and sewer are available on this property. Property is ideally located for development.
Unit Size
-
Days on Market
-
Land Size
9.11 acres
Price per sqft
-
Property Type
Land
Property Taxes
$192
HOA Dues
-
Year Built
-

Listed By

Donyer Miller
Brannon Real Estate Services
Elizabeth Brannon
Brannon Real Estate Services

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Last updated: 14 days ago (ECAR #1008702)

Price History

Date / Event Date Event Price
Sep 14, 2026 In contract -
In contract
Jul 29, 2026 Listed by Brannon Real Estate Services $1,000,000
Listed by Brannon Real Estate Services
Feb 27, 2026 Sold
Sold
Oct 12, 2025 In contract -
In contract
Aug 1, 2025 Sold
Sold
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Property Highlights

Exterior Details
Lot Features: Wooded, Addl Land Available, Survey Available
Lot Size Area: 9.11
Lot Size Units: Acres
Lot Size Acres: 9.11
Lot Size Square Feet: 396831.6
Lot Size Dimensions: 500x1000
Water Source: Public
Financial Details
Tax Annual Amount: $2,305
Utilities Details
Sewer : Public Sewer

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 375,923
  • Lot Size Depth Feet: 3,300
  • Lot Size Frontage Feet: 3,300
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: C
  • Land Acres: 0000008630
  • Standard Land Use Code: 0010
  • County Land Use Code: 9900
  • Legal Description 1: N1/2 OF N1/2 NW1/4 OF NE1/4 OF SEC 03-1S-19W OR 2651-4034 OR 2653-4416 OR 2655-4349 OR 2862-359 OR 2994-1140 OR 2994-1143 OR 3159-2324

Neighborhood

  • School District Name: Walton County School District
  • Census Tract: 950502

Zoning

  • Zoning: 3310

Geography

  • Assessors Map Reference: S1-03-19
  • Section: 03
  • Parcel: 03-1S-19-23000-002-0000
  • Block: 200
  • Meridian: SEC 03 TWN 01S RNG 019
  • Municipality: COUNTY
  • Latitude: 30.5304
  • Longitude: -86.1307

    Address

  • Full Address: 331 Business
  • Address - House Number: 331
  • Address - Street Name: Business
  • State: FL
  • City Name: Freeport
  • Zip Code: 32439

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $371,495
  • Tax Rate Code Area: 002

    Market Valuation

  • Market Total Value: $307,641
  • Market Land Value: $307,641

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $307,641
  • Assessed Land Value: $307,641

    Sales

  • Current Sale Contract Date: Apr 06, 2023
  • Current Sale Recording Date: Apr 06, 2023
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 11911
  • Previous Sale Recording Date: Oct 01, 2015
  • Previous Sale Contract Date: Oct 01, 2015
  • Previous Sale Amount: $100
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Freeport


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Frequently Asked Questions

When was property at 331 Business built and last sold?
The property at 331 Business was built in and last sold on Apr 6, 2023 for $470,000.
How much is this home worth?
The estimated value of the home located at 331 Business is $1,010,000.
What are some comparable homes to 331 Business?
There are currently no comparable homes to 331 Business.