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. There is currently a one-story brick building on the property that can be renovated into an office or for multi-use purposes. Building will convey as-is. Seller will provide current survey of property. See the Walton County Economic Development Corridor Plan for information about potential development opportunities that may have benefits with funding and development. Buyer to verify all dimensions, information.