Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    0.35 Acres Fl-83 Santa Rosa Beach, FL 32459
    Back to Search
    Property profile & analytics

    0.35 Acres Fl-83 Santa Rosa Beach, FL 32459

    View on Map
    • Land
    • 0.35 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 0.35 Acres Fl-83

    Lot size
    0.35 lot acres
    Property type
    Land

    Description

    This exceptional 0.35-acre commercial land parcel presents a unique investment opportunity in the highly desirable Santa Rosa Beach, Florida. Located on a high-visibility corner of Scenic Highway 30A and County Road 83, this property boasts an enviable location directly across from the popular Blue Mountain Beach Creamery and within a quarter-mile of a coveted South Walton County beachfront park and access. The property is designated Village Mixed Use (VMU) zoning per the Walton County Land Use Map, offering considerable development potential. A comprehensive boundary and topographic survey is available for review. The property's address is 0.35 Acres FL-83, situated in Walton County, Florida, zip code 32459, with the APN 12-3S-20-34000-001-0021. The asking price is $1,995,000. Given its prime location and zoning, this parcel represents a rare chance to acquire a highly visible and versatile commercial property in one of Florida's most sought-after coastal destinations. Serious inquiries only, please. No unauthorized entry onto the property is permitted.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Santa Rosa Beach
    County
    Walton
    State
    Florida
    Longitude
    -86.2012
    Latitude
    30.3405

    Comparable in this City

    • Value Estimation by Request
      65.00 Acres

      4401 Us-98

      Land • 65.00 Acres
      4401 Us-98, Santa Rosa Beach, FL 32459
      View Details
    • Value Estimation by Request

      5 County Highway 30A

      Land
      5 County Highway 30A, Santa Rosa Beach, FL 32459
      View Details
    • Value Estimation by Request
      1.09 Acres

      Us Highway 98

      Land • 1.09 Acres
      0 Us Highway 98, Santa Rosa Beach, FL 32459
      View Details
    • Value Estimation by Request
      1.50 Acres

      Santa Rosa Beach, FL 32459

      Land • 1.50 Acres
      Santa Rosa Beach, FL 32459
      View Details
    • Value Estimation by Request
      1.46 Acres

      Us-98

      Land • 1.46 Acres
      0 Us-98, Santa Rosa Beach, FL 32459
      View Details
    • Value Estimation by Request

      98 Hwy

      Land
      98 Hwy, Santa Rosa Beach, FL 32459
      View Details

    Similar Nearby for Sale

    • $59,500

      Land For Sale

      Land available for purchase in Santa Rosa Beach, Florida.
      8 5 St, Santa Rosa Beach, FL 32459
      View Details
    • Contact for pricing

      9.75 Acre Wooded Land Tract

      9.75 acre wooded land tract with frontage on Hwy 393.
      N County Highway 393, Santa Rosa Beach, FL 32459
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale in Santa Rosa Beach, Florida.
      Bay Magnolia Ln, Santa Rosa Beach, FL 32459
      View Details
    • $65,000

      Land Near Choctawhatchee Bay

      Land ideal for primary home, vacation getaway, or investment.
      17 13Th St, Santa Rosa Beach, FL 32459
      View Details
    • $959,900

      Land For Sale

      Land available in Santa Rosa Beach, Florida.
      2 Birmingham St, Santa Rosa Beach, FL 32459
      View Details
    • $5,950,000

      Land on Scenic Highway 30A

      Land available on Scenic Highway 30A, Santa Rosa Beach.
      4499 W County Highway 30A, Santa Rosa Beach, FL 32459
      View Details

    Similar Nearby for Lease

    • $3 SF/Yr

      Prime Corner Land Lease Opportunity

      Land lease opportunity in Santa Rosa Beach, Florida.
      2556 Us Highway 98 W, Santa Rosa Beach, FL 32459
      View Details
    • $1.00 SF/Yr
      172,933 SF

      Prime Santa Rosa Beach Commercial Space

      172,933 SF Warehouse/Office Pre-Leasing
      0 N County 393 Highway, Santa Rosa Beach, FL 32459
      View Details
    • $2,713 /Mo
      11,211 SF

      Class A Office Space Available

      Well-maintained Class A office space near Sacred Heart Emerald Coast.
      249 Mack Bayou Loop, Santa Rosa Beach, FL 32459
      View Details
    • $32 SF/Yr
      1,740 SF

      Prime 30A Office Space Available

      1740 SF Office, Ground Floor, NNN Lease
      1732 W County Highway 30a, Santa Rosa Beach, FL 32459
      View Details
    • Contact for pricing

      Professional Office Suite For Rent

      Well-maintained office suite near hospital, retail, and resort amenities.
      141 Mack Bayou Rd, Santa Rosa Beach, FL 32459
      View Details
    • $18 SF/Yr
      2,500 SF

      Santa Rosa Beach Warehouse Space

      Versatile warehouse space with mezzanine and easy access to major routes.
      605 N Co Hwy 393, Santa Rosa Beach, FL 32459
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    0.35 Acres Fl-83
    Santa Rosa Beach, FL 32459
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    0.35 Acres Fl-83, Santa Rosa Beach, FL, 32459
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!