About This Home

This 3-bedroom, 2-bathroom single family at 19228 S US Highway 331 in Freeport, FL is listed for $1,180,000 ($535 per sqft). Built in 1980, the home offers 2,207 sqft of living space on a 1.58 acres lot.

Key Features

  • Built in 1980
  • 1.58 acre lot
  • 6 parking spaces
  • Fireplace

Property Details

1 story
2 full
6 spaces
1980

Amenities

Fireplace
Listing 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.

Monthly Cost Estimate

$6,311/mo

20% down · 6.5% · 30 years

Principal$853
Interest$5,113
Insurance$344

Estimates only. Actual payments may vary.

Location

19228 S US Highway 331

Freeport, FL 32439

LAIRDS

Features & Amenities

Interior Features

FireplaceSplit BedroomWasher/Dryer Hookup

Property Details

Flooring

Tile

Construction

Brick

Outdoor Features

Patio

Parking

Garage

Appliances

CooktopDishwasherStove/Oven Electric

Questions & Answers

This 3-bedroom, 2-bathroom single family at 19228 S US Highway 331 is listed at $1,180,000 ($535/sqft). The estimated monthly payment is $6,311 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1980, 1.58 acre lot, 6 parking spaces, Fireplace. Interior Features: Fireplace, Split Bedroom, Washer/Dryer Hookup.

This property is listed by S Kimberly Maxwell and can be reached at (305) 851-2820.

SM

S Kimberly Maxwell

License 3350339

Agent at Compass Florida, LLC

(305) 851-2820
Agent website

Listed by Compass Florida, LLC · Broker phone: (305) 851-2820 · View on Broker Site · Broker website

MLS# 1012476· Source: Emerald Coast Association of Realtors· 1 day on PropertySimple

Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

19228 S US Highway 331, Freeport, FL 32439

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