Investors what an opportunity ...Frontage on US HWY 331 with public water and sewer available in Freeport, one of the fastest growing areas in Florida. Current Rural Village zoning allows for many commercial business ventures including: Professional offices, restaurants, retail stores, medical offices, lodging, and several more options we can share with you. General Commercial zoning is an option if you choose to pursue it. This property includes three full lots with a 3 bedroom/2 Bathroom 2207 square foot brick home.(Potential Office Space) The interior offers a spacious kitchen, large flex space, tastefully updated bathrooms, tile and laminate flooring, and an amazing wood burning fireplace with an exterior load option. There is currently a 300 foot well and septic tank in place. Additionally, outside there is a covered patio, RV hanger, and greenhouse. The home also has a metal roof (20 years old), a tankless water heater (5 years old), and an HVAC (6 years old). The options for this property with its location in Freeport, and proximity to the bay make this a rare find! The city needs many businesses to support its incredible growth!
As of 10/1/23, within the city limits of Freeport we have approx. 4,260 households (x 3 pph*) = 12,780; Residents just outside the city limits/within Freeport Service area; 4953 Households (x 3 pph*) = 14,859. All combined has the Total Freeport Community Population at 27,639. Notes from City of Freeport BIA meeting...*FDEP (person per household) multiplier: 3
We are not done yet!! There is much more to come... As of 10/1/23, there are 5,870 Single Family Residential Units approved*, 1,764 Multi-Family Residential Units approved*. This does not include the Master Planned Development units/square footage which has not yet been submitted for review.
Approved development orders issues for 2024 include the following:
-Custom Portable Buildings of the Panhandle
-Old Miami Residences - 6 Townhome Units
-Express Oil Change (5,673 sqft facility)
-Chelco (28,638 sqft Operations & Service Center Facility & 1000 sqft Storage building)
-Hwy 331 Retail Center (18,030 sqft retail, 7,727 sqft restaurant, 1,228 sqft outdoor seating, 2,155 sqft future drive-thru restaurant)
-Bay-Kissed Holiday Interest - Vending permit for tree sales
-Freeport Community Center (4,000 sqft)
-Genoa Landing Phase I (68 Townhomes Units)
-The Waters at Freeport Multi-Family Development (226 apts, 8,389 sqft of Clubhouse, 1,957 sqft pool, 1,200 sqft maintenance bldg)
-Freeport of Florida POP (350 sqft Presence Facility for Uniti Fiber)
2024 Subdivision Record Plats:
Single Family Owls Head Farms Phase 1-A (42 SF units)
Single Family Owls Head Farms Phase 1-B (148 SF units)
For sale
Price cut: $1K (3/3)
$1,199,000
19228 Us Highway 331 S, Freeport, FL 32439
3beds
2,207sqft
Est.:
Single Family Residence
Built in 1980
1.18 Acres Lot
$-- Zestimate®
$543/sqft
$-- HOA
What's special
Rv hangerTastefully updated bathroomsMetal roofLarge flex spaceAmazing wood burning fireplaceSpacious kitchenTile and laminate flooring
- 390 days
- on Zillow |
- 48 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: April 04, 2025 at 12:46am
Listed by:
Michelle E Thierwechter 864-256-6341,
Coldwell Banker Realty,
Beverly J Buck 850-333-0413,
Coldwell Banker Realty
Source: ECAOR,MLS#: 949219
Originating MLS: Emerald Coast

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Bedroom
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Cooling
- AC - High Efficiency
Appliances
- Included: Cooktop, Dishwasher, Electric Range
- Laundry: Washer/Dryer Hookup
Features
- Split Bedroom, Bedroom, Bonus Room, Kitchen, Living Room
- Flooring: Tile
- Has fireplace: Yes
- Fireplace features: Fireplace, Outside
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,207
- Total interior livable area: 2,207 sqft
Video & virtual tour
Property
Parking
- Total spaces: 8
- Parking features: Converted Garage
- Covered spaces: 2
- Has uncovered spaces: Yes
Features
- Stories: 1
- Patio & porch: Patio Covered
- Pool features: None
Lot
- Size: 1.18 Acres
- Dimensions: 113 x 454
- Features: Level, Survey Available
Details
- Additional structures: Greenhouse
- Parcel number: 341S192307000B0140
- Zoning description: Resid Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick
- Roof: Metal
Condition
- Construction Complete
- Year built: 1980
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Electricity Connected, Cable Connected
Community & HOA
Community
- Subdivision: Lairds
Location
- Region: Freeport
Financial & listing details
- Price per square foot: $543/sqft
- Tax assessed value: $233,159
- Annual tax amount: $1,887
- Date on market: 5/7/2024
- Total actual rent: 0
- Electric utility on property: Yes
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