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    3480 US-98 Gulf Breeze, FL 32561

    Source: https://www.saltercompany.com
    For Sale
    $450,000

    High-traffic, HCD-zoned lot, prime location.

    Property size:
    29,544 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional 0.68-acre commercial lot presents a unique investment opportunity in Gulf Breeze, Florida. Located on highly trafficked US-98 (Gulf Breeze Parkway), this property boasts 100 feet of frontage and 299 feet of depth, providing ample space for diverse commercial development. The site benefits from a daily traffic count of 40,500 vehicles, ensuring high visibility and accessibility. Its High Commercial District (HCD) zoning allows for a wide range of commercial uses. The property's strategic location within a thriving commercial corridor is surrounded by established businesses, including Publix, Walmart, Lowe's, Winn-Dixie, and Bealls, indicating a strong retail presence and high consumer demand. Furthermore, the area's growth is fueled by nearby upscale residential communities and new high-density residential developments, creating a substantial and expanding customer base. This prime location offers exceptional value and significant potential for a variety of commercial ventures, making it an attractive investment in a high-growth area. The property is situated in Santa Rosa County, Florida, with a zip code of 32561. The asking price is $450,000.

    Property Features for 3480 US-98

    General Information

    Property type
    Other land
    Square Feet
    29,544 SF
    Price / Square Foot
    $15
    Elevators
    N/A
    Lot Size
    29,621 SF

    HighLights

    • High Commercial District (HCD) zoning allows diverse commercial development opportunities.
    • 100‑foot frontage on Highway 98 boasts 40,500 cars daily, ensuring high visibility.
    • 0.68‑acre lot, 100' x 299', situated near Publix, Walmart, and other major retailers.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Gulf Breeze
    State
    Florida
    Longitude
    -87.222409
    Latitude
    30.475597

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    FAQs

    What type of property is this?
    Land - High-traffic, HCD-zoned lot, prime location.
    Where is this land located?
    The property is located at 3480 US-98 Gulf Breeze, FL.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: High Commercial District (HCD) zoning allows diverse commercial development opportunities.; 100-foot frontage on Highway 98 boasts 40,500 cars daily, ensuring high visibility.; 0.68-acre lot, 100' x 299', situated near Publix, Walmart, and other major retailers.
    (850) 564-0120
    Request Owner's contact information
    3480 US-98 Gulf Breeze, FL 32561
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    Gulf Breeze, FL 32561
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3480 US-98 Gulf Breeze, FL 32561
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