Currently under contract, seller considering back up offers. Prime commercial property situated perfectly in a prime location on Highway 331. Located just 3 miles from the Choctawhatchee Bay Bridge, 2 miles from Hwy 20 this location is ideal to support the fast-growing communities in Freeport and South Walton. This parcel is 2.06 acres with 300 feet fronting Highway 331. Property is currently zoned general commercial with an impressive daily traffic count of 25,000. General Commercial uses include, but not limited to, lodging, restaurant, accommodations, multi-family, professional services, office, and so many more.