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Miramar Beach Commercial Development Opportunity

1.5 Acres ~ Highway 98 Frontage Miramar Beach, FL 32550

1.5 Acres ~ Highway 98 Frontage, Miramar Beach, FL, 32550
$1,960,000
For Sale
$1,960,000

1.5-acre commercial land for sale in Miramar Beach, Florida.

Lot Size1.50 Acres
Days on Market232

Property Features for 1.5 Acres ~ Highway 98 Frontage

General Information

Standard status
Active
Lot size
1.50 Acres
Property subtype
Commercial
Listing Agency Taylor Allen Properties LLC
Listed by Brett D Stuart · License #678851
Source Elliman
Added: Nov 28, 2025 Checked: Jul 17 at 6:31 am

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 Taylor Allen Properties LLC


Investment Insights

Based on property information with market context.

This 1.5-acre commercial land is located in Miramar Beach, Florida. It is part of a larger 6.06-acre site along Highway 98, which sees over 53,000 cars per day based on FDOT 2023 data. The property is high and dry, offering a prime opportunity for commercial or mixed-use development. The seller is open to various arrangements, including a sale, ground lease, or build-to-suit agreement. This parcel is situated within a master-planned Planned Unit Development (PUD) with mixed-use density entitlements. Frontage outparcels are available at approximately $30 per square foot, while rear parcels are offered at around $24 per square foot. Offsite retention is in place, which increases the buildable square footage.

Key Highlights

  • Prime commercial/mixed‑use development opportunity.
  • Located on Highway 98 with high traffic count (53,000 cars per day).
  • 1.5 acres of high and dry land.

Property Analytics

Location Intelligence

Current Use by Public Records

Commercial land

FAQs

What type of property is this?
Commercial land - 1.5-acre commercial land for sale in Miramar Beach, Florida.
Where is this commercial land located?
The property is located at 1.5 Acres ~ Highway 98 Frontage Miramar Beach, FL.
What is the asking price?
The asking price for this property is $1,960,000.
What are key features of this property?
This property features: Prime commercial/mixed‑use development opportunity.; Located on Highway 98 with **high traffic count (53,000 cars per day)**.; 1.5 acres of high and dry land.
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