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    4688 Us Highway 98 Santa Rosa Beach, FL 32459

    For Sale
    $7,178,000

    Prime commercial retail investment opportunity in Santa Rosa Beach, Florida.

    Lot size:
    1.46 Acres

    Property Features for 4688 Us Highway 98

    General Information

    Lot size
    1.46 Acres

    Source: CBRE, Inc. Agent Thomas D. Watson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Retail Space in Florida

    Located in Santa Rosa Beach, Florida, 98 Central presents a commercial retail investment opportunity within the Beaches of South Walton and Scenic Highway 30A market. Constructed in 2024, the property includes two buildings, each spanning 6,000 square feet, totaling 12,000 square feet of Class A retail space. The property is fully occupied and features a diverse tenant mix. The property is intended for retail use.
    Insight Report Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Auto Repair Shop Nail Salon Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Santa Rosa Beach
    County
    Walton
    State
    Florida
    Longitude
    -86.265671
    Latitude
    30.372809

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    FAQs

    What type of property is this?
    Shopping center - Prime commercial retail investment opportunity in Santa Rosa Beach, Florida.
    Where is this shopping center located?
    The property is located at 4688 Us Highway 98 Santa Rosa Beach, FL.
    What is the asking price?
    The asking price for this property is $7,178,000.
    What are key features of this property?
    This property features: - Prime commercial retail investment opportunity in Santa Rosa Beach, Florida (Scenic Highway 30A market).; - Newly built in 2024, offering **12,000 square feet of Class A retail space.**; - Property is 100% occupied.
    (850) 527-3524
    Request Owner's contact information
    4688 Us Highway 98 Santa Rosa Beach, FL 32459
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    Santa Rosa Beach, FL 32459
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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
    4688 Us Highway 98 Santa Rosa Beach, FL 32459
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