18500 Us Highway 331, Freeport, FL 32439

Freeport
Local realty services provided by:Better Homes and Gardens Real Estate Historic
18500 Us Highway 331,Freeport, FL 32439
$5,995,000
  • 5.99 Acres
  • Lots / Land
  • Active
Listed by: christopher clubbs
Office: clubbs real estate group llc.
MLS#:795036
Source:FL_BCMLS

Price summary

  • Price:$5,995,000

About this home

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...

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Home facts

  • Subdivision & Development:Mallet Bayou
  • Listing ID #:795036
  • Added:17 day(s) ago
  • Updated:September 22, 2026 at 02:36 PM

Structure and exterior

  • Lot area:5.99 Acres

Finances and disclosures

  • Price:$5,995,000
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