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5-Unit Specialty Property
For Sale
$4,999,999

38 Thompson Road, Santa Rosa Beach, FL 32459

Commercial for Sale, Santa Rosa Beach, FL

Property Size9,791 SF
Lot Size1.10 Acres
Price / SF$510.67
Days on Market122

Property Features for 38 Thompson Road

General Information

Property type Commercial Sale
Property subtype Other
Directions Turn left onto US-98 E/Emerald Coast Pkwy W, Continue to follow US-98 E 8.2 mi Turn right onto Thompson Rd, Destination will be on the right
Subdivision 17 - 30A West
Standard status Active
APN 33-2S-20-33260-001-0004
Lot size 1.10 Acres

Taxes and HOA fees

Tax Description COM NE/C LOT 1 SEC 33-2S-20W, S 00 DEG 57'00''E 280.80FT, N 89 DEG 59'24''W 161.96FT, N 00 DEG 56'17''W 280.77FT, E 161.89FT TO POB. OR 41-541 LESS 33FT FOR ROW LESS & EXCEPT DOT ROW IN OR 2022-36 OR 3160-3500 OR 3241-1992
Legal Description COM NE/C LOT 1 SEC 33-2S-20W, S 00 DEG 57'00''E 280.80FT, N 89 DEG 59'24''W 161.96FT, N 00 DEG 56'17''W 280.77FT, E 161.89FT TO POB. OR 41-541 LESS 33FT FOR ROW LESS & EXCEPT DOT ROW IN OR 2022-36 OR 3160-3500 OR 3241-1992
Listing Agency: EXP Realty LLC
Listed By: Christopher S Roberts · License #3387172
Added: May 13 Changed: Sep 11 Last Checked: Sep 11 at 5:06PM
MLS# 1003065

Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located at 38 Thompson Road in Santa Rosa Beach, this specialty commercial property was constructed in 2024 and is configured as five leased units. The building uses 16' thick ICF exterior walls designed for Category 5 hurricane resistance, while the interior has no load-bearing walls, allowing the existing layout to be reconfigured.

The 1.1-acre property provides approximately 440 feet of direct Highway 98 frontage and sits 1.5 miles from the Gulf. A future traffic signal at the Thompson Road and Highway 98 intersection has been confirmed by the DOT, adding a planned access improvement to the site context.

Key Highlights

  • Five fully leased units in a 2024 construction property
  • 1.1‑acre site with +/-440 feet of Highway 98 frontage
  • 16' thick ICF exterior walls with Category 5 hurricane resistance

Property Analytics

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Current Use

Specialty properties

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Big Box & Wholesale Store Pharmacy Dental Office HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

152
Businesses Nearby

Demographics for 32459, FL

20,567
Population
17,700
Households
1.2
Avg Household Size
43
Median Age
48%
College-Educated
96%
High-School Grad
54.5 sq mi
ZIP Area
377
Density / Sq Mi
$101,067
Median Household Income
$53,393
Median Earnings
$2,165
Median Rent
$613,100
Median Home Value
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Frequently Asked Questions

What type of property is this?
Specialty property - Built in 2024 with reinforced ICF exterior walls and adaptable interiors.
Where is this specialty property located?
The property is located at 38 Thompson Road Santa Rosa Beach, FL.
What is the asking price?
The asking price for this property is $4,999,999.
What are key features of this property?
This property features: Five fully leased units in a 2024 construction property; 1.1‑acre site with +/-440 feet of Highway 98 frontage; 16' thick ICF exterior walls with Category 5 hurricane resistance
More about this property
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