19228 S Us Highway 331, Freeport

$1,180,000

3 Beds
2 Baths
2,207 Sqft
1.58 Acres
0 Garage

**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.

Essential Information
MLS® #1012476
Price$1,180,000
Bedrooms3
Bathrooms2.00
Full Baths2
Square Footage2,207
Acres1.58
Year Built1980
TypeResidential
Sub-TypeDetached Single Family
StyleRanch
StatusActive
Community Information
Address19228 S Us Highway 331
Area20 - Freeport
SubdivisionLAIRDS
CityFreeport
CountyWalton
StateFL
Zip Code32439
Amenities
ParkingConverted Garage
Utilities

Electric, Private Well, Septic Tank, TV Cable

Interior
AppliancesCooktop, Dishwasher
FireplaceYes
FireplacesEPA Qualified Fireplace
# of Stories1
Interior Features

Fireplace, Split Bedroom, Washer/Dryer Hookup

Exterior
Lot DescriptionLevel, Survey Available
RoofMetal
ConstructionBrick
School Information
ElementaryFreeport
MiddleFreeport
HighFreeport
Additional Information
ZoningResid Single Family
Listing Details
OfficeCompass
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All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2026, All rights reserved.
Vendors Member Number : 28325

Listing information last updated on October 16th, 2026 at 11:22am CDT.