
TBD US HWY 331, Freeport, FL 32439
OWL'S HEAD · Walton County
Key Facts
Description
$1M IS THE PER ACRE PRICE for HWY US 331 Frontage DEPENDING ON SUBDIVISION AND USE! Up to ±350 acres available within a mixed-use development in the growing Owls Head area of Freeport. The property offers flexibility for both commercial and residential uses, including prime outparcel opportunities suitable for QSR, coffee, bank, car wash, automotive, and other retail or service users. SEEKING COMMERCIAL DEVELOPERS! Various commercial parcels available. Residential potential includes single-family and high-density opportunities. The site can be subdivided to accommodate a wide range of uses and user sizes. Ownership will consider land sales, ground lease, or build-to-suit. Pricing and lot sizes will vary based on subdivision and intended use.
Property Information
Property Type
Land
Sub-Type
Unimproved Land
Lot Size
1.00 acres
Lot Dimensions
Varied
Zoning
Commercial, Resid Multi-F
Days on Market
56
MLS® Listing#
999375
Property Features
Lot Features
Community
Utilities
Sewer
Water Source
Schools
- Elementary:
- Freeport
- Middle:
- Freeport
- High:
- Freeport
Financial Details
Annual Taxes
$41,157
Tax year 2025
Parcel Number
25-1N-19-17000-001-0020
Directions
The intersection of US 331 and Business 331 and surrounding areas
Affordability Calculator
$200,000
Estimated monthly payment
$5,322/mo
Principal $800,000 · Est. interest $1,116,071 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Freeport, FL
- $458,523
- Median Listing Price
- 79
- Median Days on Market
- 2,108
- Median Sq Ft
- $206
- Median Price / Sq Ft
- 397
- Active Listings
- This home’s price is 118% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Freeport, FL.
Location
Points of Interest in Freeport, FL
Showing the Freeport area map.
Nearby Schools
Paxton School
School · 8.3 mi away
Mossy Head School
Elementary · 9.7 mi away
Maude Saunders Elementary School
Elementary · 10.9 mi away
Florala High School
Secondary · 10.9 mi away
Florala Head Start-Unofficial
School · 11.0 mi away
Walton Middle School
Elementary · 11.2 mi away
Walton Initiative for Success in Education (Wise)
School · 11.2 mi away
Cornerstone Church of Defuniak Springs
School · 11.3 mi away
Walton High School
Secondary · 11.3 mi away
Emerald Coast Technical College
Secondary School · 11.6 mi away
West Defuniak Elementary School
Elementary · 11.8 mi away
Galilean Academy
School · 12.0 mi away
W.S. Harlan Elementary School
Elementary · 12.2 mi away
Walton Middle School
Secondary · 13.3 mi away
Walton Education Foundation
Secondary · 13.4 mi away
Freeport High School
Secondary · 13.4 mi away
Walton Academy
School · 13.5 mi away
Laurel Hill School
School · 14.1 mi away
Laurel Hill Head Start Center
School · 14.7 mi away
Walker Elementary School
Elementary · 18.4 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 342 Eastern Street, Freeport, FL | $714,900 | 4 | 4 | 2,804 |
| 69 Fairway Crossing, Freeport, FL | $715,000 | 4 | 3 | 2,947 |
| Lot 7 Reserve at Hammock Bay, Freeport, FL | $735,000 | — | — | — |
| 200 Sweet Tea Lane, Freeport, FL | $735,000 | 4 | 3 | 2,895 |
| 14 Madiera Drive, Freeport, FL | $735,000 | 4 | 3 | 3,319 |
| 448 Holly Point Road, Freeport, FL | $739,500 | — | — | — |
Moving Cost Estimate
EXIT Agents in Freeport
Listing Courtesy: Tide & Timber Properties - 2145438225















