Great Development Opportunity in the City Limits of Freeport, Florida. 10 +/- acres located on Business Highway 331 in Freeport. Freeport is considered one of the fastest growing cities in Florida. Approximately 500 feet of highway frontage on Business Highway 331 zoned R-3 High Density Residential with a Flood Zone Rating of X makes this an ideal property for development. City water, city sewer and power are available. Freeport, Elementary, Freeport Middle School and Freeport High School are located within 2 miles of this property. Freeport Industrial park is located approximately1/2 miles from this property. Additional land is available. Please see MLS#932565 for information. Only 20 minutes to the Beaches of South Walton, 10 minutes to Choctawhatchee Bay, 30 minutes to Eglin Air Force Base, and only 15 minutes to Interstate 10 and DeFuniak Springs. Power, water and sewer are available on this property. Property is ideally located for development.
Lot/land
$1,000,000
331 Business, Freeport, FL 32439
--beds
0baths
9.11Acres
Unimproved Land
Built in ----
9.11 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 19 days |
- 48 |
- 3 |
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#: 1008702
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Lot
- Size: 9.11 Acres
- Dimensions: 500 x 1000
- Features: Addl Land Available, Survey Available, Wooded
Details
- Parcel number: 031S19230600000000
- Zoning description: City, Resid Multi-Family
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: 03-1S-19-23060-000-0000
Location
- Region: Freeport
Financial & listing details
- Tax assessed value: $210,213
- Annual tax amount: $2,304
- Date on market: 7/29/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/29/2026 | Listed for sale | $1,000,000+426.6% |
Source:  ECAOR #1008702 Report a problem | ||
| 8/12/2021 | Sold | $189,900+8.5% |
Source: Public Record Report a problem | ||
| 1/21/2005 | Sold | $175,000+1300% |
Source: Public Record Report a problem | ||
| 4/17/2003 | Sold | $12,500 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,305 +13.8% | $170,372 +10% |
| 2024 | $2,026 +0.3% | $154,884 |
| 2023 | $2,021 -8% | $154,884 -9.9% |
| 2022 | $2,197 +105.5% | $171,920 +117.7% |
| 2021 | $1,069 +10.4% | $78,969 +10% |
| 2020 | $968 +3.4% | $71,790 +3% |
| 2019 | $936 | $69,694 +2% |
| 2018 | $936 +1.7% | $68,337 +3% |
| 2017 | $921 +2.7% | $66,335 |
| 2016 | $896 -0.6% | $66,335 |
| 2015 | $902 -1.2% | $66,335 |
| 2014 | $912 | $66,335 |
| 2013 | -- | $66,335 |
| 2012 | -- | $66,335 |
| 2011 | -- | $66,335 |
| 2010 | -- | $66,335 |
| 2009 | -- | $66,335 |
| 2008 | -- | $66,335 |
| 2007 | -- | $66,335 +68.4% |
| 2005 | -- | $39,384 +320.9% |
| 2004 | -- | $9,358 -73.9% |
| 2003 | -- | $35,810 |
| 2002 | -- | $35,810 -1.6% |
| 2001 | -- | $36,380 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 32439
Nearby schools
GreatSchools rating
- 6/10Freeport Elementary SchoolGrades: K-4Distance: 2.4 mi
- 7/10Freeport Middle SchoolGrades: 5-8Distance: 2.4 mi
- 8/10Freeport Senior High SchoolGrades: 9-12Distance: 3.1 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.
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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