Property Attributes
- MLS#1012476
- TypeSingle Family
- Listing Status Active
- CountyWalton
- CityFreeport
- AreaFreeport
- NeighborhoodLAIRDS
- Zip32439
- StyleRanch
- Year Built1980
- Taxes$ 2243
- Price$ 1,180,000
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage2207
- Lot Size1.58 Acres
Data Source:
Emerald Coast MLS (ECAR)
Property Description
**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.
| Elementary School | Middle School | High School |
|---|---|---|
| Freeport Elementary School | Freeport Middle School | Freeport High School |
| Price History | |
|---|---|
| 9/22/2026 | Listed $1,180,000 |
General Features
| Utilities | Electric,TV Cable |
|---|---|
| Zoning | Resid Single Family |
| Property Subtype | Detached Single Family |
| County | Walton |
| Property Type | Residential |
| Subdivision Name | LAIRDS |
| Status | Active |
| Directions | Take 331 south of 90 towards 331 Bridge. Property is on southbound side of 331 approximately 3 miles at Brailey. |
| High School | Freeport |
| City | Freeport |
| MLS Area | 20 - Freeport |
| Lot Size Units | Acres |
| Lot Size Square Feet | 68824.8 |
| Elementary School | Freeport |
| Middle/Junior High School | Freeport |
| MLS Area Minor | 2005 - S. of 20 to Hwy 331 |
| Standard Status | Active |
| Sewer | Septic Tank |
| Patio/Porch Features | Patio Covered |
| Architectural Style | Ranch |
| Construction Materials | Brick |
| Year Built | 1980 |
| Stories Count | 1 |
| Tax Year | 2025 |
| New Construction | false |
| Attached Garage | false |
| Total Rooms | 5 |
| Carport Y/N | false |
| Property Condition | Construction Complete |
| Other Structures | Greenhouse |
Interior Features
| Total Baths | 2 |
|---|---|
| Interior Amenities | Fireplace,Split Bedroom,Washer/Dryer Hookup |
| Flooring | Floor Tile |
| Fireplace Features | Fireplace |
| Fireplace Y/N | true |
Exterior Features
| Lot Features | Level,Survey Available |
|---|---|
| Lot Size Area | 1.58 |
| Lot Dimensions | see appraisal |
| Lot Size Acres | 1.58 |
| Building Area Total | 2207 |
| Parking Features | Converted Garage |
| Water Source | Well |
| Total Parking | 6 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
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Listing data provided by: Central Panhandle Association of Realtors (CPAR)
Information deemed reliable but not guaranteed. The information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.