0 County Highway 393 Santa Rosa Beach, FL 32459
This exceptional 3.97-acre commercial land parcel in Santa Rosa Beach, Florida, presents a unique pre-leasing opportunity for a single tenant. The property boasts 172,933 square feet of vacant space, ideal for a build-to-suit warehouse/office development. Located on N County Hwy 393, with a Walton County APN of 26-2S-20-33200-000-0610, the site is zoned Vacant Commercial, offering significant flexibility for development. The prime location provides easy access to a variety of amenities, including high-end shopping, fine dining, beautiful beaches, and entertainment. Nearby attractions include numerous golf courses (Watersound Origins, Camp Creek, Santa Rosa Golf & Beach Club, Seascape, Raven, and Burnt Pine Golf Club), Topsail Hill Preserve State Park, Ascension Medical Group Sacred Heart Hospital, Sandestin, Publix, and Grand Boulevard. The property's proximity to schools—Van R Butler Elementary (3 miles), Destin Middle School and Emerald Coast Middle School (14 miles), and South Walton High School (5 miles)—further enhances its appeal. This presents a rare chance to establish a presence in one of Florida's most desirable coastal markets. The property's size and zoning provide ample opportunity for a substantial and impactful development.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.