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    98 S Santa Rosa Beach, FL

    For Sale
    $4,400,000

    New retail/flex building with income and high-traffic frontage.

    Property size:
    9,791 SF
    Lot size:
    1.05 Acres

    Property Features for 98 S

    General Information

    Size
    9,791 SF
    Lot size
    1.05 Acres

    Source: EXP Realty, LLC Agent Christopher Roberts

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

    Overview

    Modern Retail/Flex Investment Opportunity

    Located at Thompson Rd & U.S. 98 in Santa Rosa Beach, Florida, this commercial property presents an investment opportunity. Constructed in 2024, the 9,791-square-foot building is designed as a retail/flex space. The building consists of 5 individual units, all currently leased and generating income. The property benefits from approximately 440 feet of frontage on Highway 98, a heavily traveled road. A future traffic light, confirmed by the DOT, is planned for this location, which should increase traffic flow and accessibility. Situated 1.5 miles from the Gulf of America, the property is positioned in a rapidly expanding area. The building features durable and energy-efficient ICF construction.
    Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Realty agency Spa & Massage Clothing Store Gym & Fitness Auto Repair Shop Skin Care Clinic Accounting Firm Wholesale Shop Kitchen & Bath Department Store

    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
    -86.1547
    Latitude
    30.3512

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    FAQs

    What type of property is this?
    Flex space - New retail/flex building with income and high-traffic frontage.
    Where is this flex space located?
    The property is located at 98 S Santa Rosa Beach, FL.
    What is the asking price?
    The asking price for this property is $4,400,000.
    What are key features of this property?
    This property features: - Income-producing property with 5 individual units currently leased.; - **Prime location with approximately 440 feet of frontage on Highway 98.**; - Future traffic light confirmed by DOT, increasing accessibility and traffic flow.
    (850) 225-9219
    Request Owner's contact information
    98 S Santa Rosa Beach, FL
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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
    98 S Santa Rosa Beach, FL
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