Santa Rosa Beach, FL 32459
- Land
- 1.50 lot acres
Current Use by Public Records
- Land
Property Details
- Lot size
- 1.50 lot acres
- Property type
- Land
Description
This exceptional 1.5-acre commercial lot in Santa Rosa Beach, Florida, presents a unique development opportunity. Located on US Highway 98, this property boasts 239 feet of prime highway frontage, benefiting from an existing deceleration lane and an estimated daily traffic count of approximately 150,000 vehicles. Zoned Village Mixed Use, the site is identified as 'Parcel B' within The Shops at 393 development, providing convenient access to the CR 393 and Highway 98 traffic light. A significant advantage is the existing development order for an 11,132 square foot sub-dividable building with a drive-thru, already approved. Over $350,000 has been invested in infrastructural improvements and soft development costs, saving a considerable amount of time and expense compared to typical development timelines in South Walton County (often exceeding one year). The rough-graded pad site maximizes buildable area thanks to an efficient offsite water retention system. This location offers exceptional visibility and is ideally suited for retail, medical, or professional office uses. Situated approximately 2 miles north of Scenic 30A and Gulf Place, the property benefits from proximity to beach-front parks and beach access. The asking price is $2,495,000. The APN is 27-2S-20-33210-000-0165.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Santa Rosa Beach
- County
- Walton
- State
- Florida
- Longitude
- -86.2321
- Latitude
- 30.3742
