With an excellent location along heavily traveled U.S. Highway 331 corridor in Freeport, Florida this +/-4.28-acre parcel sits directly adjacent to the Bay Vita master-planned development, approved by Walton County under an active Development Order. Bay Vita is entitled for a large-scale mixed-use project consisting of hundreds of hotel rooms, commercial/retail space, convenience store, restaurants, storage facility, pickleball facility and more. Highway 331 carries an average daily traffic count of approximately 17,000 vehicles (FDOT), offering strong visibility and exposure. The property also benefits from an existing highway cut-out for access. Walmart has recently secured a nearby location for a future supercenter as well, reinforcing the area's emergence as a regional retail and service hub with several major planned residential developments emerging as well bringing thousands of new single family homes to the area. Located just minutes north of Scenic Highway 30A's incredible beaches, the property combines coastal proximity with exceptional accessibility. This offering represents a prime opportunity to capitalize on Freeport's next wave of growth, anchored by major development, rising traffic counts, and expanding retail demand.