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    5201 W Us Highway 98 Santa Rosa Beach, FL 32459

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    For Sale
    $3,450,000

    5.67-acre commercial parcel in Santa Rosa Beach, Florida.

    Property Features for 5201 W Us Highway 98

    General Information

    Standard status
    Active

    Source: VPR UNITED REAL ESTATE Agent EVAN C WAGNER

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

    Overview

    Prime Commercial Land on US-98

    This 5.67-acre commercial parcel features over 300 feet of frontage on US Highway 98, situated in the rapidly developing area of Santa Rosa Beach. Zoned Village Mixed Use (VMU), the property presents various development opportunities, including retail centers, office spaces, hospitality venues, or multi-use commercial projects. Located west of Scenic Highway 30A and a short distance from the beaches, the site benefits from high visibility, substantial daily traffic, and direct access from both eastbound and westbound lanes. The land is noted as high and dry, with a favorable elevation and a developable area. Major utilities, including public water, sewer, electric, and natural gas, are available at the road.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Building Supply Wholesale Shop Auto Repair Shop Accounting Firm Bakery Catering Service

    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
    -86.096022
    Latitude
    30.355914

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    FAQs

    What type of property is this?
    Commercial land - 5.67-acre commercial parcel in Santa Rosa Beach, Florida.
    Where is this commercial land located?
    The property is located at 5201 W Us Highway 98 Santa Rosa Beach, FL.
    What is the asking price?
    The asking price for this property is $3,450,000.
    What are key features of this property?
    This property features: - Strategic location on US Highway 98 in the rapidly growing Santa Rosa Beach corridor.; - Versatile Village Mixed Use (VMU) zoning allows for diverse development options.; - Over 300 feet of frontage on US Highway 98 with high visibility and strong daily traffic counts.
    Request Owner's contact information
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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
    5201 W Us Highway 98 Santa Rosa Beach, FL 32459
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