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19228 S US Highway 331, Freeport, FL - photo 1

$1,180,000

19228 S US Highway 331

Freeport, FL 32439

Estimated payment $7,080/month

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3Beds
2Baths
—Sq Ft
—Price/Sq Ft

Preferred partner

Kinsfolk Realty

Kinsfolk Signature Realty

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Highlights

No HOA
Fireplace
Built in 1980
68,825 sqft Lot

About This Home

**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.

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Facts & features

Bedrooms & bathrooms

  • •Bedrooms:3
  • •Bathrooms:2
  • •Full bathrooms:0

Heating

  • •Has Heating:Yes

Interior area

  • •Total structure area:0 sqft
  • •Total interior livable area:0 sqft

Parking

  • •Parking features:N/A
  • •Garage spaces:0
  • •Has attached garage:No

Lot

  • •Size:68,825 sqft

Details

  • •Parcel number:N/A

Type & style

  • •Home type:Detached Single Family
  • •Property subtype:Residential

Materials

  • • N/A

Condition

  • •Year built:1980

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Price history

DateEventPrice
2026-09-22T00:00:00.000ZListed for sale$1,180,000$0/sqft

Listing Agent

S Kimberly Maxwell

Compass

Brokerage Phone: 850-296-9769

Source: Emerald Coast MLS · MLS #1012476

Data Powered by Home Junction, Inc.

Nearby

Dining

Beach Island

0.0 mi

331 Forum

0.3 mi

Chapman's Seafood and Steak Hse

0.6 mi

Parks

Grady Brown Park

1.7 mi

Beaches

Grayton Beach State Park

8.2 mi

Seacrest Beach

11.4 mi

Alys Beach

12.9 mi

Nearby amenity locations include data © OpenStreetMap contributors.