CALLING ALL BUILDERS AND DEVELOPERS! Prime land opportunity in Freeport! PLEASE NOTE: This parcel was originally listed as 7.5 acres, as County records reflect. However, after having a survey and wetlands study done, there are in fact 6.18 acres. The county also does not show the presence of wetlands. However, it has been identified that there is a very pretty creek on the property as well as wetlands that will need to be permitted or built around. Sellers are motivated, and the price has been dropped significantly to reflect the findings. BRING YOUR OFFERS! * Welcome to a rare opportunity for 6.18 acres of land nestled along Hwy 331 in Freeport, offering unlimited potential for residential or commercial development. This property presents a lucrative investment opportunity in the rapidly growing Freeport area. * Zoned Rural Village, which allows for residential and neighborhood commercial use. There is approx. 427 of frontage on Hwy 331 S with excellent potential for a new subdivision, and possibly for general commercial construction if rezoned!
Property Details
Property Features
Listing Office:
Office Name: Coldwell Banker Realty
Office Email: ftwaltonbeachfl@cbrealty.com
Listing Agent: Rachael Baker
Exterior Features
Exterior Information:
Private Pool: No
Lot Features
Lot Information:
Lot: Wooded, Build To Suit
Lot Size: 6.18 Acres
Other
Directions Information:
Directions: The property is located on the East side of Hwy 331. *FROM HWY 20, travel South for 2.9 miles & property will be on your Left . *FROM HWY 3280, travel North 0.6 miles & property will be on your Right. To easily find the property with GPS: Parcel is located directly next to 19121 US Hwy 331.
Price Information
Listing Price Info
Price Summary:
List Price: $729,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Freeport, FL.
This property is $339K more than the Median Sold Price in Freeport, FL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Emerald Coast Association of REALTORS®
MLS Number: #953301
Listing Office:
Office Name: Coldwell Banker Realty
Office Email: ftwaltonbeachfl@cbrealty.com
Listing Agent: Rachael Baker
Information Deemed Reliable but not guaranteed. The 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. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2024. All rights reserved. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/22/2024, 11:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,706
Per Month
Principal & Interest
$3,639
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,252
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Dune Lakes Elementary School
6565 US Highway 98 E
Distance between this listing and this school4.89 miles
Public District Grades KG-5
6
/10
Freeport Elementary School
15381 US Highwayy 331 S
Distance between this listing and this school5.51 miles
Public District Grades PK-5
8
/10
Van R. Butler Elementary School
6694 W County Highway 30A
Distance between this listing and this school8.04 miles
Public District Grades KG-5
Nearby Schools
6
/10
Freeport Middle School
360 Kylea Laird Dr
Distance between this listing and this school4.95 miles
Public District Grades 6-8
6
/10
Emerald Coast Middle School
4019 US Highway 98 E
Distance between this listing and this school5.52 miles
Public District Grades 6-8
7
/10
Destin Middle School
4608 Legendary Marina Dr
Distance between this listing and this school16.34 miles
Public District Grades 5-8
Nearby Schools
7
/10
South Walton High School
645 Greenway Trl
Distance between this listing and this school3.98 miles
Public District Grades 9-12
10
/10
Seaside Neighborhood School
10 Smolian Cir
Distance between this listing and this school7.68 miles
Public Charter Grades 5-12
8
/10
Freeport High School
12615 331 Business
Distance between this listing and this school8.08 miles
The neighbors living near this home have an average income of $43,222. Typical income of Freeport, FL residents is between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About TBD S US Highway 331
What is the listing price of this property?
The listing price of TBD S US Highway 331 property is $729,000.
What type of property is this?
The property TBD S US Highway 331 is land located in Freeport, Florida, 32439.
Is this property for sale now?
Active Listing: TBD S US Highway 331 is For Sale (Active/New) which means the seller is accepting offers.
How much acreage is this property?
The property TBD S US Highway 331 is 6.18 acres.
Interested in TBD S US Highway 331? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at TBD S US Highway 331 in Freeport, FL and zip code 32439. This home sits on a 6.18 acre lot. It has been listed on Rocket Homes since June 28, 2024 and is currently priced at $729,000.
While more than 1 listings in Freeport, FL in October 2024 were sold above asking price, there were more than 11 listings sold at asking price, and more than 10 were sold below. In October 2024 in Freeport, FL there were 0.9% more homes for sale than in September 2024. In October 2024, listings were on the market for 72 days. During the same period, the median list price in this real estate market was $389,998.
From Rocket Homes Real Estate and based on county public records data.
Information Deemed Reliable but not guaranteed. The 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. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2024. All rights reserved.
Pro Wrestling
Pro Wrestling
Hunting
NASCAR
Wal-Mart
Dollar General
Academy Sports & Outdoors
Hardee's
Jimmy Johns
Applebees
Dodge
Ram
GMC
Country
New Country