20502 US-331, Freeport, FL 32439 (MLS# 923215)

20502 US-331, Freeport, FL 32439

$2,995,000

Property Type: Commercial for Sale Lot Size (sq. ft.): 148,540 Status: Active

Current Price: $2,995,000 List Date: 5/13/2023 Last Modified: 2/10/2026

Overview

Description

INDUSTRIAL ZONING! Prime acreage along the newly expanded Highway 331, less than a 1/2 mile North of the new bridge crossing the Choctawhatchee Bay in South Walton County of the emerging market of Freeport, Florida! At an expanse of over 3-acres, and approximate 310' of Highway frontage, this parcel will cater to a host of highest and best uses and effective site-planning scenarios. Buyer must verify future land use/zoning via Walton County Planning & Zoning. Please inquire for further details.

Listing Details MLS# 923215

Contract Info

GCCMLS Number: 29655739
Listing Board: Emerald Coast

Location Tax and Legal

Area: 20 - Freeport
Street #: 20502
Street Name: US-331
State: FL
Zip Code: 32439
County: Walton
Parcel ID: 04-2S-19-24000-025-0000

General Property Info

Listed on GCCMLS: Yes
Vacant: No
Immediate Occupancy: Yes
Acreage: 3.41
Lot Frontage: 310

More Information

Location, Tax and Legal

Sub Area: 2007 - Bay Grove
Property Name: All Good Landscape
Legal Description: COM CENTER OF SEC 4, RUN S 0 DEG 20 MIN W 169.9 FT; S 76 DEG 15 MIN E 416.9 FT TO HWY =331; N 26 DEG E100 FT; N 26 DEG 45 MIN E 150 FT; N 29 DEG 30 MIN E 345 FT; N 33 DEG 30 MIN E 50 FT; N 34 DEG E 100 FT TO BEG; N 56 DEG W 300 FT, N 34 DEG 15 MIN E 101.75 FT; N 35 DEG 30 MIN E 105 FT; N 37 DEG E 106.5 FT; S 53 DEG E 300 FT; S 30 DEG 30 MIN W 100 FT; S 35 DEG 30 MIN W TO BEG. V 234-205; ALSO: COM

Listing Info, Tax & Legal

As Is: Yes

Remarks & Misc

Remarks: INDUSTRIAL ZONING! Prime acreage along the newly expanded Highway 331, less than a 1/2 mile North of the new bridge crossing the Choctawhatchee Bay in South Walton County of the emerging market of Freeport, Florida! At an expanse of over 3-acres, and approximate 310' of Highway frontage, this parcel will cater to a host of highest and best uses and effective site-planning scenarios. Buyer must verify future land use/zoning via Walton County Planning & Zoning. Please inquire for further details.

Class

Industrial: Yes
Land: Yes

Property Features

Class: Industrial; Land

Listing Office: Somers & Company

Last Updated: February - 10 - 2026

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.

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