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$1,180,000
Preferred partner

Kinsfolk Signature Realty
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**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.
Tour with a local agent
Contact agent
| Date | Event | Price |
|---|---|---|
| 2026-09-22T00:00:00.000Z | Listed for sale | $1,180,000$0/sqft |
S Kimberly Maxwell
Compass
Brokerage Phone: 850-296-9769
Source: Emerald Coast MLS · MLS #1012476
Data Powered by Home Junction, Inc.
Beach Island
0.0 mi
331 Forum
0.3 mi
Chapman's Seafood and Steak Hse
0.6 mi
Grady Brown Park
1.7 mi
Grayton Beach State Park
8.2 mi
Seacrest Beach
11.4 mi
Alys Beach
12.9 mi
Nearby amenity locations include data © OpenStreetMap contributors.