0 Us Highway 98 Santa Rosa Beach, FL 32459
This exceptional retail space, situated on US Hwy 98 W in Santa Rosa Beach, Florida (zip code 32459), presents a unique investment opportunity. The property boasts a highly visible location on a major thoroughfare with an impressive 44,000 average annual daily traffic count. This newly constructed (2024) retail center comprises two single-story buildings totaling 12,000 square feet. Currently, one space remains available, offering 1,200 square feet of contiguous space, ideal for a variety of restaurant concepts. The minimum divisible space is 1,200 square feet, with a maximum contiguous space of 1,500 square feet. The property sits on a 1.29-acre lot and provides ample parking with a ratio of 4 spaces per 1,000 square feet. This location benefits from its proximity to Scenic Highway 30A and the popular South Walton beaches, surrounded by a high-income demographic and experiencing rapid population growth. The property offers competitive lease terms and excellent accessibility. Don't miss this chance to establish your business in one of Florida's fastest-growing areas.
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.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.