For Sale
$2,495,000

0Santa Rosa Beach, FL 32459

1.5-Acre Commercial Lot, Hwy 98

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 1.5-acre commercial lot in Santa Rosa Beach, Florida, presents a unique development opportunity. Located on US Highway 98, this property boasts 239 feet of prime highway frontage, benefiting from an existing deceleration lane and an estimated daily traffic count of approximately 150,000 vehicles. Zoned Village Mixed Use, the site is identified as 'Parcel B' within The Shops at 393 development, providing convenient access to the CR 393 and Highway 98 traffic light. A significant advantage is the existing development order for an 11,132 square foot sub-dividable building with a drive-thru, already approved. Over $350,000 has been invested in infrastructural improvements and soft development costs, saving a considerable amount of time and expense compared to typical development timelines in South Walton County (often exceeding one year). The rough-graded pad site maximizes buildable area thanks to an efficient offsite water retention system. This location offers exceptional visibility and is ideally suited for retail, medical, or professional office uses. Situated approximately 2 miles north of Scenic 30A and Gulf Place, the property benefits from proximity to beach-front parks and beach access. The asking price is $2,495,000. The APN is 27-2S-20-33210-000-0165.

Highlights

  • $2,495,000 asking price for 1.5 acres of commercial land.
  • Located on US 98 in Santa Rosa Beach, Florida (Walton County, 32459).
  • Village Mixed Use zoning.
  • Development order in hand for an 11,132 sq ft building with drive-thru.
  • 239 feet of Highway 98 frontage with deceleration lane.

Property Details

Property type
Land
Lot Size (sq. ft)
65,340 SF

Location Insight

City
Santa Rosa Beach
County
Walton
State
Florida
Latitude
30.374184082161
Longitude
-86.232136493869
Santa Rosa Beach, Florida

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