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Property profile

98 1.05 Acres Us Hwy Santa Rosa Beach, FL 32459

OFF-MARKET
Land
1.05 ac lot
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Property summary

AI-generated overview

This exceptional 1.05-acre commercial lot presents a rare development opportunity in the thriving Santa Rosa Beach, Florida market. Located on Highway 98, this nearly pad-site ready parcel boasts a prime corner location with convenient access via Church Street. The property's strategic placement ensures high visibility, benefiting from the approximately 40,000 vehicles that travel Highway 98 daily. Its location within a mixed-use area, experiencing significant economic growth fueled by the expansion of Santa Rosa Beach and Scenic 30A, offers exceptional synergy and potential. The lot is zoned for commercial use and features a convenient curb cut, providing excellent ingress and egress. This offering represents an unparalleled chance to capitalize on the booming South Walton County real estate market. The APN is 27-2S-20-33213-000-0050. The asking price for this exceptional property is $1,595,000. Don't miss this opportunity to secure a piece of prime commercial real estate in one of Florida's most desirable locations. This is a truly unique offering in South Walton County.

Property profile

Verified
Property type Land
Lot 1.05 ac (45,738 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

98 1.05 Acres Us Hwy Santa Rosa Beach, FL 32459
Santa Rosa Beach metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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