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40 Jones Drive, Freeport, FL 32439

New Listing
$790,000
Property Type: Commercial for Sale Lot Size (sq. ft.): 64,033 Status: Active
Current Price: $790,000 List Date: 3/18/2026 Last Modified: 3/18/2026

Overview

Description

Hwy 331S - Fantastic opportunity for this corner 1.47 acre site just 1/4 mile south of the incoming Walmart in Freeport, FL. Located inside the city limits with appx 171 front feet on Hwy 331 and frontage on Jones Dr also. Zoned Rural Village with C-1 and C-2 zoning surrounding the property, so rezoning would be a distinct possibility (buyer to do all due diligence). Property has 2 dwellings - one brick home, one manufactured home plus a nice 30x40 utility building with rollup door. MLS documents section details zoning, possible future zoning and other useful data. Freeport is booming, with TDOT traffic count of just over 23,800 per day. Join the others who see that it is no longer merely holds potential for growth - it's a current reality.

Listing Details MLS# 998296

Contract Info

GCCMLS Number
44544301
Listing Board
Emerald Coast

Location Tax and Legal

Area
20 - Freeport
Street #
40
Street Name
Jones
Street Suffix
Drive
State
FL
Zip Code
32439
County
Walton
Parcel ID
22-1S-19-23030-000-0240

General Property Info

Listed on GCCMLS
Yes
Vacant
Yes
Immediate Occupancy
Yes
Acreage
1.47
Zoning
See remarks
Future Land Use
See remarks

Location, Tax and Legal

Sub Area
2005 - S. of 20 to Hwy 331
Legal Description
See deed

More Information

Listing Info, Tax & Legal

As Is
Yes

Remarks & Misc

Remarks
Hwy 331S - Fantastic opportunity for this corner 1.47 acre site just 1/4 mile south of the incoming Walmart in Freeport, FL. Located inside the city limits with appx 171 front feet on Hwy 331 and frontage on Jones Dr also. Zoned Rural Village with C-1 and C-2 zoning surrounding the property, so rezoning would be a distinct possibility (buyer to do all due diligence). Property has 2 dwellings - one brick home, one manufactured home plus a nice 30x40 utility building with rollup door. MLS documents section details zoning, possible future zoning and other useful data. Freeport is booming, with TDOT traffic count of just over 23,800 per day. Join the others who see that it is no longer merely holds potential for growth - it's a current reality.

Class

Other
Yes

Construction Status

Existing
Yes

Property Features

Class: Other Construction Status: Existing
Listing Office: Kim & Company
Last Updated: March - 18 - 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.

Grayton Corners | 32 East County Highway 30-A, Suite J | Santa Rosa Beach, FL 32459
Office: 850.231.7896 | Toll Free: 866.533.3429 | Email Us
G. Gay Landreth, Managing Member and Broker

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