Retail and Flex Space
For Lease
$28 SF/Yr
4935 W 98 Hwy, Santa Rosa Beach, FL 32459
New commercial complex with retail, showroom, warehouse, and flex spaces.
Space SizeContact for details
Property Size33,508 SF
Lot Size2.40 Acres
Days on Market271
Property Features for 4935 W 98 Hwy
General Information
Standard status
Active
Size
33,508 SF
Lot size
2.40 Acres
Property subtype
Commercial
Building Details
Building Size
33,508 SF
Year Built
2025
Listing Agency:
CENTURY 21 ALLPOINTS REALTY
(850) 685-2925
Listed By:
Jim Ball · License #3253519
(850) 685-2925
Source:
Elliman
Added: Nov 28, 2025
Changed: Aug 14
Last Checked: Aug 26 at 9:12AM
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 CENTURY 21 ALLPOINTS REALTY
Investment Insights
Based on property information with market context.
A commercial retail complex is pre-leasing for spaces becoming available in 2025. The property features three street-front retail spaces, one of which is a stand-alone building that can be divided into up to three spaces. Additionally, there are six Class A commercial retail, showroom, warehouse, and flex spaces with 24-foot ceilings and roll-up doors. The property is located in Santa Rosa Beach along the Hwy 98 corridor in South Walton, offering high visibility. The retail spaces range from 3700 to 5200 square feet and feature modern coastal finishes. Each flex space includes a second floor with 730 square feet of office space. The property offers direct access to Hwy 98 for deliveries and customer access. It is suitable for retail, service, and wholesale businesses. Space W1 is pending.
Key Highlights
- Prime location in booming Santa Rosa Beach with high visibility along Hwy 98.
- New commercial retail complex coming in 2025.
- Six Class A commercial flex spaces with 24' ceilings and full roll‑up doors.
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.20 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
50
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Retail space - New commercial complex with retail, showroom, warehouse, and flex spaces.
Where is this retail space located?
The property is located at 4935 W 98 Hwy Santa Rosa Beach, FL.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: Prime location in booming Santa Rosa Beach with high visibility along Hwy 98.; New commercial retail complex coming in 2025.; Six Class A commercial flex spaces with 24' ceilings and full roll‑up doors.
