Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    13161 Hwy 98e Inlet Beach, FL

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    0.65 acre commercial land with highway frontage in Inlet Beach.

    Type:LAND
    Lot size:
    0.65 Acres
    Added:
    Feb 20, 2025
    Days on Market:
    434
    Last Refresh:
    Apr 5 at 10:41 pm

    Property Features for 13161 Hwy 98e

    General Information

    Standard status
    Active
    Lot size
    0.65 Acres
    Property subtype
    LAND

    We can help!

    Listing Contact
    Maurice Gilbert
    Maurice Gilbert

    Listing agent Maurice Gilbert License #619746

    Listing office Gilbert Realty

    Listing date Feb 20, 2025

    Source Moodyscre

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

    All listing content including descriptions, pricing, images are the copyrighted material of Gilbert Realty

    Overview

    Inlet Beach Vacant Land

    This 0.65-acre vacant land is zoned "neighborhood commercial" and features 194 feet of frontage on Highway 98. The property is located in Inlet Beach and has no HOA. Its location provides walking distance access to 30Avenue, 30A, and Rosemary Beach via the Highway 98 underpass, as well as to the beaches, restaurants, and shops of South Walton. The property experiences a high traffic count on Highway 98 and is approximately 20 minutes from the ECP airport.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Inlet Beach
    County
    Walton
    State
    Florida
    Longitude
    -85.6602
    Latitude
    30.1588

    Nearby Similar for Sale

    • $584,000

      Inlet Beach Homesite Opportunity

      Premium 0.34-acre homesite near Camp Creek Lake.
      51 COVE CREEK LANE, INLET BEACH, FL 32413
      View Details
    • $589,000

      Inlet Beach Homesite Opportunity

      Premium homesite near Camp Creek Lake and 30A.
      51 COVE CREEK Lane, Inlet Beach, FL 32413
      View Details
    • $949,000
      1,747 SF

      Inlet Beach Townhome in Prominence

      Charming 3-bedroom townhome in Prominence community near Scenic 30A.
      25 E Pine Lands Loop, Inlet Beach, FL 32461
      View Details
    • $725,000
      1,293 SF

      Inlet Beach Townhome Investment Opportunity

      Two-bedroom townhome in Prominence on 30A, fully furnished.
      94 York Lane, Inlet Beach, FL 32461
      View Details
    • $895,000
      1,677 SF

      Furnished Townhome in Prominence Community

      Coastal retreat with rental potential in desirable 30A neighborhood.
      26 E Milestone Drive, Inlet Beach, FL 32461
      View Details
    • $329,000

      Inlet Beach Homesite Opportunity

      Homesite in Grande Pointe near beach access and Lake Powell.
      W Grande Pointe Drive lot: 68, Inlet Beach, FL 32461
      View Details
    • $723,900
      1,293 SF

      Furnished Condo Near 30A Beaches

      Meticulously maintained, fully furnished condo near beaches and local restaurants.
      197 Milestone Drive, Inlet Beach, FL 32461
      View Details
    • $329,000

      Inlet Beach Homesite Opportunity

      Homesite in Grande Pointe near beach access and coastal amenities.
      W Grande Pointe lot: 68, Inlet Beach, FL 32461
      View Details
    • $925,000
      1,747 SF

      Inlet Beach Turnkey Rental Property

      Fully furnished 3-bedroom home with strong rental history near 30-A.
      23 E York Lane, Inlet Beach, FL 32461
      View Details
    • $3,900,000

      Inlet Beach Homesites Opportunity

      Three adjacent homesites near the Gulf in Inlet Beach, FL.
      Jan Lane lot: 1,2,3, Inlet Beach, FL 32461
      View Details
    • $695,000

      Cleared Lot Near Inlet Beach

      0.5-acre lot ready for development near the beach.
      41 Wildwood Trail, Inlet Beach, FL 32461
      View Details
    • $525,000

      Inlet Beach Residential Lot

      Large lot near beach access and 30A shops.
      326 Pinewood Lane, Inlet Beach, FL 32461
      View Details

    FAQs

    What type of property is this?
    Land - 0.65 acre commercial land with highway frontage in Inlet Beach.
    Where is this land located?
    The property is located at 13161 Hwy 98e Inlet Beach, FL.
    What is the asking price?
    The asking price for this property is $2,999,000.
    What are key features of this property?
    This property features: Prime "neighborhood commercial" zoned vacant land (0.65 Acres) with **194 feet of Hwy 98 frontage**.; Highly desirable Inlet Beach location, walking distance to 30Avenue, 30A, Rosemary Beach, restaurants, and shops via Hwy 98 underpass.; No HOA fees.
    (850) 830-7159 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Maurice Gilbert
    Maurice Gilbert
    Real Estate License ID: 619746
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!