Price reduced. Accepting backup offers! On Business Highway 331 in Freeport, Florida. City of Freeport is recognized as one of the fastest growing cities in the State of Florida. Property consists of 15+ acres with approximately 750 feet of highway frontage of Business Highway 331. Zoned R-3 High Density Residential plus a flood zone rating of X will accommodate up to several units per acre for future development as per City of Freeport land use guidelines. City water, city sewer and power are available. Three schools, Freeport Elementary, Freeport Middle School and Freeport High School are located within 2 miles of this property. New middle school being built in Hammock Bay is less than 4 miles away. This property features a 2500 square foot custom home that has been meticulo maintained by the same family since it was constructed in 1973. Large open yard and grounds are ideal for large family gatherings, children and pets. Recent upgrades to the house include a complete renovation to the kitchen which includes new cabinets//countertops, flooring and appliances. Open floor plan includes a large family room, separate dining room, three bedrooms, 2 bathrooms and a large back porch/deck. New paint and flooring in most rooms. Roof is less than 10 years old, HVAC is less than 5 years old, hot water heater is approximately 5 years old. There are two large sheds that can accommodate multiple cars, boats, tractors and equipment. This unique house and acreage is located just 20 minutes from the Beaches of South Walton, 30 minutes from Eglin Air Force Base and only 15 minutes from Interstate 10 and DeFuniak Springs, Florida. Freeport Industrial Park with multiple businesses is located approximately 1/2 mile from this property. There are multiple parks and boat launch facilities for your recreational pleasures within minutes of this location.
For sale
$2,199,999
14034 331 Business, Freeport, FL 32439
3beds
1,810sqft
Single Family Residence
Built in 1973
15 Acres Lot
$-- Zestimate®
$1,215/sqft
$-- HOA
What's special
Three bedroomsLarge family roomOpen floor planSeparate dining room
- 172 days |
- 123 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Donyer R Miller 850-598-4250,
Brannon Real Estate Services,
Elizabeth L Brannon 850-585-8016,
Brannon Real Estate Services
Source: ECAOR,MLS#: 932565
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: First
- Area: 165 Square Feet
- Dimensions: 15 x 11
Bedroom
- Level: First
- Area: 110 Square Feet
- Dimensions: 10 x 11
Bedroom
- Level: First
- Area: 110 Square Feet
- Dimensions: 10 x 11
Bathroom
- Level: First
- Area: 40 Square Feet
- Dimensions: 8 x 5
Bathroom
- Level: First
- Area: 42 Square Feet
- Dimensions: 7 x 6
Dining room
- Level: First
- Area: 144 Square Feet
- Dimensions: 12 x 12
Family room
- Level: First
- Area: 546 Square Feet
- Dimensions: 26 x 21
Kitchen
- Level: First
- Area: 150 Square Feet
- Dimensions: 15 x 10
Utility room
- Level: First
- Area: 40 Square Feet
- Dimensions: 10 x 4
Heating
- Heat Pump
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Cooktop, Dishwasher, Disposal, Microwave, Range Hood, Electric Water Heater
- Laundry: Washer/Dryer Hookup
Features
- Newly Painted, Walls Paneled
- Flooring: Tile, Vinyl
- Windows: Double Pane Windows
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,810
- Total interior livable area: 1,810 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
- Attached garage spaces: 2
Features
- Stories: 1
- Patio & porch: Deck, Porch
Lot
- Size: 15 Acres
- Dimensions: 730 x 1120
- Features: Addl Land Available, Level, Survey Available, Wooded
Details
- Additional structures: Workshop, Barn(s), Yard Building
- Parcel number: 031S19230000050010
- Zoning description: City, Commercial
- Special conditions: Accept Backup Offers
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Frame, Brick, Trim Vinyl
- Foundation: Slab
- Roof: Composition
Condition
- Construction Complete,Renovated
- New construction: No
- Year built: 1973
Community & HOA
Community
- Features: TV Cable
- Subdivision: 03-1S-19-23000-005-0010
Location
- Region: Freeport
Financial & listing details
- Price per square foot: $1,215/sqft
- Tax assessed value: $306,629
- Annual tax amount: $1,711
- Date on market: 1/9/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 1/9/2026 | Listed for sale | $2,199,999$1,215/sqft |
Source: | ||
| 1/1/2026 | Listing removed | $2,199,999$1,215/sqft |
Source: | ||
| 11/28/2025 | Price change | $2,199,999-12%$1,215/sqft |
Source: | ||
| 1/22/2025 | Listed for sale | $2,499,999$1,381/sqft |
Source: | ||
| 11/5/2024 | Listing removed | $2,499,999$1,381/sqft |
Source: | ||
| 6/21/2024 | Pending sale | $2,499,999$1,381/sqft |
Source: | ||
| 9/18/2023 | Listed for sale | $2,499,999$1,381/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,874 -0.7% | $185,539 +2.9% |
| 2024 | $1,887 +4.1% | $180,310 +3% |
| 2023 | $1,813 +5.9% | $175,058 +3.3% |
| 2022 | $1,711 -15% | $169,474 +15.2% |
| 2021 | $2,013 +12.3% | $147,067 +15.3% |
| 2020 | $1,793 +2.4% | $127,520 +2.1% |
| 2019 | $1,751 | $124,861 +2.1% |
| 2018 | $1,751 +1.7% | $122,252 +1.3% |
| 2017 | $1,721 +0.9% | $120,714 +0.5% |
| 2016 | $1,704 +4.4% | $120,135 +1.2% |
| 2015 | $1,633 +0% | $118,695 -0.8% |
| 2014 | $1,632 | $119,671 -0.8% |
| 2013 | -- | $120,647 -4.5% |
| 2012 | -- | $126,333 -1.3% |
| 2011 | -- | $128,011 -5.2% |
| 2010 | -- | $135,009 -6.3% |
| 2009 | -- | $144,056 -4.5% |
| 2008 | -- | $150,863 -0.5% |
| 2007 | -- | $151,688 +54.7% |
| 2005 | -- | $98,028 +32% |
| 2004 | -- | $74,273 +0.9% |
| 2003 | -- | $73,626 +0.9% |
| 2002 | -- | $72,944 +36.4% |
| 2001 | -- | $53,473 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 32439
Nearby schools
GreatSchools rating
- 6/10Freeport Elementary SchoolGrades: K-4Distance: 3 mi
- 7/10Freeport Middle SchoolGrades: 5-8Distance: 3 mi
- 8/10Freeport Senior High SchoolGrades: 9-12Distance: 2.5 mi
Schools provided by the listing agent
- Elementary: Freeport
- Middle: Freeport
- High: Freeport
Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Walton County
- Freeport
- 32439
- 14034 331 Business







