For Sale
$2,395,000

98 HwySanta Rosa Beach, FL 32459

Prime 2.29-Acre Hotel Site

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 2.29-acre commercial lot, located in Santa Rosa Beach, Florida (APN 33-2S-20-33260-001-0003), presents a rare investment opportunity. Priced at $2,395,000, this already entitled site is perfectly positioned along Highway 98, boasting approximately 328 feet of frontage. Part of the approved Sandbar community's commercial plat, it serves as the gateway to a larger 30+ acre development, offering unparalleled visibility and accessibility. With an estimated 40,000+ vehicles passing daily, this location benefits from high traffic volume and synergy with surrounding mixed-use developments. The site is entitled for a 100-key hotel, totaling 56,000 square feet of buildable space. The favorable topography and existing entitlements should significantly streamline the development process, making this a cost-effective project. This prime location in one of Florida's fastest-growing markets, Santa Rosa Beach, near Scenic 30A, ensures strong potential for return on investment. The property is situated in Walton County, Florida, zip code 32459. Additional contiguous land may be available for buyers seeking a larger parcel. Contact for details.

Highlights

  • $2,395,000 asking price for a commercial land parcel.
  • Entitled 100-key hotel site.
  • ±2.29 acres of uplands with ±328' of Highway 98 frontage in Santa Rosa Beach, FL.
  • Located in the master-planned Sandbar community, offering high visibility and convenient access to Scenic 30A.
  • 56,000 square feet of entitled intensity.

Property Details for 98 Hwy

Property type
Land

Location Insight

City
Santa Rosa Beach
County
Walton
State
Florida
Latitude
30.374498662866
Longitude
-86.249653515872
98 Hwy, Santa Rosa Beach, Florida

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
98 Hwy
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message