13331 HWY 98 Destin, FL 32550

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.