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13331 HWY 98 Destin, FL 32550

Sponsored
Source: https://www.saltercompany.com
For Sale
$6,900,000

6 Acres, High Traffic, Divisible

Property size:
261,360 SF

Description

Added:
Feb 13, 2025
Days on Market:
333
This exceptional 6.06-acre commercial parcel presents a prime development opportunity in Destin, Florida. Located directly on Highway 98, this high-and-dry property boasts over 500 feet of road frontage and benefits from exceptional visibility and accessibility. With a daily traffic count exceeding 53,000 vehicles (FDOT 2023 data), this site offers unparalleled exposure for any commercial venture. The property is zoned for mixed-use development with a density allowance of 125,000 square feet. This flexibility allows for a wide range of development possibilities, from large-scale projects to smaller, subdivided outparcels. The seller is open to various transaction structures, including outright sale, ground lease, or build-to-suit arrangements, providing considerable flexibility for potential buyers. This is a rare opportunity to acquire a significant commercial land holding in a high-growth area with excellent infrastructure and high traffic volume. The property's location in Destin, a renowned tourist destination, further enhances its investment potential. Serious inquiries are encouraged to explore the possibilities of this remarkable development site. The asking price is $6,900,000.

Property Features for 13331 HWY 98

General Information

Property type
Other land
Square Feet
261,360 SF
Price / Square Foot
$26
Elevators
N/A
Lot Size
261,360 SF

HighLights

  • High‑traffic location on Highway 98 in Destin, FL, boasting 53,000 cars daily.
  • 6.06 acres of prime commercial land, divisible into smaller parcels.
  • Mixed‑use development potential with 125,000 square feet density entitlement.
Property Profile Location Intelligence

Current Use by Public Records

Land

Suggested Use

Law Firm Restaurant Realty agency Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

City
Destin
State
Florida

FAQs

What type of property is this?
Land - 6 Acres, High Traffic, Divisible
Where is this land located?
The property is located at 13331 HWY 98 Destin, FL.
What is the asking price?
The asking price for this property is $6,900,000.
What are key features of this property?
This property features: High-traffic location on Highway 98 in Destin, FL, boasting 53,000 cars daily.; 6.06 acres of prime commercial land, divisible into smaller parcels.; Mixed-use development potential with 125,000 square feet density entitlement.
More about this property
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