# US-331 BUS, Freeport, FL 32439

> **TL;DR:** land, $1,250,000. Est. $6,686/mo. Listed 1 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,250,000 |
| Lot Size | 375,923 sqft (8.63 acres) |
| Property Type | Land (Other) |
| Status | Active |
| Days on Market | 1 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $6,321 |
| Estimated Insurance | $365 |
| **Total** | **$6,686** |

## Nearby Schools

- **Elementary:** Freeport
- **Middle:** Freeport
- **High:** Freeport

## Property Highlights

- 8.63 acre lot

## Description

### Agent Description
This 8.63 parcel is zoned R-3 High Density Residential, layout is for 50 apartments/townhomes but could be bumped to 70 units if you decide to impact the wetlands.

## Location

- **Address:** US-331 BUS, Freeport, FL 32439
- **County:** Walton
- **Coordinates:** 30.530261, -86.129993
- **Google Maps:** https://www.google.com/maps?q=30.530261,-86.129993

## Listing Agent

- **Name:** Jon G Harstvedt · **License:** 3069672
- **Brokerage:** Ocean Reef Realty, Inc.
- **Phone:** 8504193641
- **Broker Phone:** (850) 259-8261
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/331-Business_Freeport_FL_32439_M99238-36685?f=listhub&s=ECARMLSFL&m=1012396&c=propsimple)

## Photos

![US-331 BUS - Photo 1](http://lh.rdcpix.com/c565020561acbed40d6ec5d80d4f3ce0l-f3073604080r.jpg)

![US-331 BUS - Photo 2](http://lh.rdcpix.com/c565020561acbed40d6ec5d80d4f3ce0l-f1428308969r.jpg)

![US-331 BUS - Photo 3](http://lh.rdcpix.com/c565020561acbed40d6ec5d80d4f3ce0l-f1166052701r.jpg)

![US-331 BUS - Photo 4](http://lh.rdcpix.com/c565020561acbed40d6ec5d80d4f3ce0l-f1063315468r.jpg)

![US-331 BUS - Photo 5](http://lh.rdcpix.com/c565020561acbed40d6ec5d80d4f3ce0l-f3111462551r.jpg)

![US-331 BUS - Photo 6](http://lh.rdcpix.com/c565020561acbed40d6ec5d80d4f3ce0l-f2231482489r.jpg)

![US-331 BUS - Photo 7](http://lh.rdcpix.com/c565020561acbed40d6ec5d80d4f3ce0l-f4133878784r.jpg)

---

**MLS#:** 1012396 | **Updated:** 2026-09-21
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.ai/listing/us-331-bus-freeport-fl-32439-1012396)

---

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