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20502 Us-331, Freeport, FL 32439

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For Sale

$2,995,000

3.41 acres

Estimated Payment

$ 15,413 /mo. †

6.67% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Other Residential
    Property type

  • 3.4 acres
    Lot size

Explore this Property

INDUSTRIAL ZONING! Prime acreage along the newly expanded Highway 331, less than a 1/2 mile North of the new bridge crossing the Choctawhatchee Bay in South Walton County of the emerging market of Freeport, Florida! At an expanse of over 3-acres, and approximate 310' of Highway frontage, this parcel will cater to a host of highest and best uses and effective site-planning scenarios. Buyer must verify future land use/zoning via Walton County Planning & Zoning. Please inquire for further details.
MLS# 923215

Courtesy Of Somers &Company

(850) 654-7777

Property Features

  • Architecture Style
    Other
  • Lot Size
    3.41 Acres

Map and Directions

Directions to 20502 Us-331, Freeport, FL 32439

Home seller CENTURY 21 AllPoints Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 AllPoints Realty

(850) 678-5161
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $15,413
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $15,413

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Freeport Elementary School

Grades PK-5 Public School

Freeport, FL 32439 5 miles
15381 us highwayy 331 s

781 total students
14:1 Student teacher ratio

School Rating: A-

School Details

Freeport Middle School

Grades 6-8 Public School

Freeport, FL 32439 4.5 miles
360 kylea laird dr

538 total students
16:1 Student teacher ratio

School Rating: B+

School Details

Freeport High School

Grades 9-12 Public School

Freeport, FL 32439 7.6 miles
12615 331 business

511 total students
17:1 Student teacher ratio

School Rating: A-

School Details
Other Nearby Schools Distance Type Grades School Rating
Sweetbay Montessori School 0.7 miles Private PK-3
South Walton High School 4.4 miles Public 9-12 A-
South Walton Montessori Academy 5.1 miles Private PK-8
Dune Lakes Elementary School 5.2 miles Public KG-5 A-
Bay School 5.2 miles Public PK
The Tree House Episcopal Montessori School 6 miles Private PK-KG
Westonwood Ranch 6 miles Private 7-12

Sweetbay Montessori School

Distance: 0.7 miles

Type Private

Grades: PK-3

South Walton High School

Distance: 4.4 miles

Type Public

Grades: 9-12

A-

South Walton Montessori Academy

Distance: 5.1 miles

Type Private

Grades: PK-8

Dune Lakes Elementary School

Distance: 5.2 miles

Type Public

Grades: KG-5

A-

Bay School

Distance: 5.2 miles

Type Public

Grades: PK

The Tree House Episcopal Montessori School

Distance: 6 miles

Type Private

Grades: PK-KG

Westonwood Ranch

Distance: 6 miles

Type Private

Grades: 7-12

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Freeport, FL 32439

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Freeport, FL 32439

This community’s employment is highest in the construction and administrative support industries. The area’s overall household expenses are above the national average.

91° July
Hottest Average Month
40° January
Coldest Average Month
4,474 Total Households in Area
14.3% Increase in population since the year 2010
38.3%
of households
have children
30 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Freeport, FL 32439

Freeport, FL 32439 has a population of 10,540 people in 4,474 households with a median age of 41.8 years old.

14.3%
Increase in population
since the year 2010
Population is Trending up
3,608
Total households as of 2010
14.7%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 41.8 years old. The smallest percentage group is 25-34 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 83%
Hispanic 10%
Other 4%
Black 2%
Asian 1%
Native American <1%
The most prevalent ethnicity is White at 83%, followed by Hispanic at 10%, Other at 4%, and Black at 2%.

Economics
for Freeport, FL 32439

50 /sq mi
Population Density
$68,451 /yr
Median Household Income
$387,450
Median Sales Price
30 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $75-99,999k representing 20.37% of the households.

Transportation to Work

  • Drive 88%
  • Work from Home 11%
  • Walk or Bike 2%
  • Public Transit 0%

Occupancy by Type

Owned 3,556 71%
Rented 918 18%
Vacant 567 11%

White vs Blue Collar Jobs







White Collar 74%
Blue Collar 26%

Family & Education Facts
for Freeport, FL 32439

41.8 Median Age

Average Household Size

2.4
persons per
household

61%

Married Households

Community Population By Education

High School Graduate 29%
Some College 23%
Bachelors Degree 21%
Associates Degree 12%
Graduate Degree 10%
Some High School 5%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 28.79% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
38.4% of households have children

Weather
for Freeport, FL 32439

The weather for this area ranges from a high of 91° F in July to a low of 40° F in January

91° July
Hottest Average Month
40° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
40°
62°
Feb
43°
65°
Mar
49°
71°
Apr
55°
78°
May
63°
85°
Jun
69°
89°
Jul
72°
91°
Aug
72°
90°
Sep
68°
88°
Oct
57°
80°
Nov
48°
71°
Dec
42°
64°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 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. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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