18500 Us Highway 331
Freeport, FL 32439
5.99Acres(Lot)
Positioned at the southwest corner of U.S. Highway 331 South and Sweetwater Lane, this 5.99± acre waterfront development site offers a rare combination of highway exposure, corner visibility and navigable water frontage. The property is located approximately one-half mile north of the U.S. 331 Bridge and just one-half mile south of the new Walmart development, placing it directly along the primary corridor connecting rapidly growing Freeport with South Walton. As development pressures and land values continue to push north from the high-cost South Walton corridor, this location offers an opportunity to capture the accessibility, customer base and growth associated with South Walton at a potentially more attractive development basis. The assemblage features approximately 785 feet of fron
Property Details
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Features
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Lot Information
Main Square Feet: 5.99 Lot Size Acres: 5.99 Lot Size Square Feet: 260,924Property Information
Subdivision: Mallet Bayou Source Property Type: Land MLS Area Minor: 1213 - Walton - Other Zoning Description: General Commercial Property SubType: Commercial
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Listing Price Information
Listing Price: $5995000
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Tax Information
Parcel Number: 27-1S-19-23000-042-0020 Tax Legal Desc: PRCL 5B PRCL OF LAND DESC AS COM AT IN OF S LINE OF SEC27 W/ WEST R/W LINE OF HWY 331, N01DEG05'52
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Utility Information
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Location Information
Direction: At the corner of US 331 South and Sweetwater Lane, one-half mile north of the 311 Bridge and one-half mile south of the new Walmart development. Navigable water borders the property to the south with Gulf access making a perfect backdrop for hospitality or boat-up restaurant uses.
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| Bay Grove Road, Freeport, FL, 32439 | $500,000 | -- | -- | -- | 0.35 Acre(Lot) |
| TBD Hwy 20 Road, Freeport, FL, 32439 | $4,900,000 | -- | -- | -- | 222 Acres(Lot) |
| 000 Joe Dugger Road, Freeport, FL, 32439 | $500,000 | -- | -- | -- | 20.28 Acres(Lot) |
| Co Hwy 3280 Highway, Freeport, FL, 32439 | $129,000 | -- | -- | -- | 0.51 Acre(Lot) |
| Arrowwood, Freeport, FL, 32439 | $85,000 | -- | -- | -- | 0.19 Acre(Lot) |
| 175 Wildwood Drive, Freeport, FL, 32439 | $95,000 | -- | -- | -- | 0.45 Acre(Lot) |
| Old Jolly Bay Road, Freeport, FL, 32439 | $125,000 | -- | -- | -- | 0.60 Acre(Lot) |
| Shadow Lane, Freeport, FL, 32439 | $135,000 | -- | -- | -- | 0.82 Acre(Lot) |
| LOT 10 Mallet Road, Freeport, FL, 32439 | $110,000 | -- | -- | -- | 0.98 Acre(Lot) |
| TBD Mallet Bayou Road #.., Freeport, FL, 32439 | $115,000 | -- | -- | -- | 0.43 Acre(Lot) |
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ByOwner last updated this listing 09/09/2026 @ 06:24
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