USAFLFreeportMallet Bayou18500 Us Highway 331

18500 Us Highway 331 S, Freeport, FL

Name: 18500 Us Highway 331 S, For Sale in Freeport - Zoocasa
Brand: Clubbs Real Estate Group LLC
SKU: 795036
Price: 5995000 USD

House

For Sale

Listed price in listed location currency (USD).

$5,995,000

000

MLS® 795036

Overview

Key Facts

Type Commercial Land

Levels Land

Size -

Garage

Taxes

Days Active 26

Lot Size 5.99 Acres

Approx. Age

MLS® Number 795036

Property Address: 18500 Us Highway 331, Freeport, FL, 32439

Average square foot calculated using Size range provided by listing agent.

Description

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 frontage on U.S. 331 and 420 feet along Mallet Bayou, which borders the property to the south and provides navigable access through Choctawhatchee Bay to the Gulf of America. The waterfront creates an exceptional setting for hospitality, dining or boat-accessible restaurant uses, while the extensive highway frontage supports multiple retail, medical, financial and service-oriented development pads. Despite its waterfront setting, the vast majority of the property appears high and dry and is shown within Flood Zone X, allowing developers to capitalize on water views without sacrificing substantial usable upland area.

MLS® Number795036

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age

Basement

Driveway

Garage Spaces

Heat

A/C

Extras

Map

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