15324 331 Business, Freeport

$445,000

2 Beds
1 Bath
1,165 Sqft
0 Acre
2 Garages

0.77 acres located on Business Highway 331, directly across from Freeport Elementary School, within the City of Freeport. Property features mixed-use zoning allowing for both residential and select commercial uses, subject to city approval and permitting. The 1,165 SF residence has been completely remodeled and is move-in ready. Additional storage building on site. High-visibility location offering flexibility for owner-occupants, investors, or future redevelopment in a growing Freeport market. Due to its mixed-use zoning, the property is also listed in the MLS under the Commercial category (MLS 991530). Buyer to obtain all required permits for any change of use. All information to be verified by buyer during due diligence.

Essential Information
MLS® #991530
Price$445,000
Sold Price$380,000
Date Sold$2026-04-10
Bedrooms2
Bathrooms1.00
Full Baths1
Square Footage1,165
Year Built1943
TypeResidential
Sub-TypeDetached Single Family
StyleFlorida Cottage
StatusSold
Community Information
Address15324 331 Business
Area20 - Freeport
SubdivisionNO RECORDED SUBDIVISION
CityFreeport
CountyWalton
StateFL
Zip Code32439
Amenities
ParkingGarage
# of Garages2
Utilities

Public Sewer, Public Water, Sewer Available

Interior
CoolingCentral Air
# of Stories1
Appliances

Dishwasher, Disposal, Freezer, Range Hood, Electric Water Heater

Exterior
RoofMetal
ConstructionAluminum Siding
School Information
ElementaryFreeport
MiddleFreeport
HighFreeport
Additional Information
Days on Website316
Zoning

Commercial, Resid Single Family

Listing Details
OfficeCompass
Property History
Price Reduced from $465,000 to $445,000
Price Reduced from $480,000 to $465,000
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All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2026, All rights reserved.

Listing information last updated on October 26th, 2026 at 12:52am CDT.