4401 Us-98Santa Rosa Beach, FL 32459

Property Details for 4401 Us-98

Lot size

65.00 AC

Property type

Other commercial real estate

Property subtype

Other land

Description

This exceptional 65-acre parcel presents a unique investment opportunity in the rapidly growing South Walton County, Florida. Strategically located on US Highway 98, this property boasts significant frontage on this major thoroughfare, offering unparalleled visibility and accessibility. A substantial portion, approximately 20 acres, directly abuts US-98, providing ideal space for commercial development. The remaining 45 acres are zoned for residential use, allowing for up to two residential units per acre, based on the permitted zoning. This dual-use zoning potential maximizes development flexibility and return on investment. A key feature is the property's access to Peach Creek, a deep-water waterway leading to the Intracoastal Waterway, adding significant value and potential for waterfront-related ventures. The asking price for this expansive tract is $23,000,000. Given South Walton's status as one of the nation's fastest-growing counties, this property represents a compelling opportunity for both immediate and long-term growth. The address is 4401 US-98, Santa Rosa Beach, FL 32459. This is a rare chance to acquire a large, strategically located parcel with diverse development potential in a high-demand area.

Location Insight

City

Santa Rosa Beach

County

Walton

State

Florida

Latitude

30.3585

Longitude

-86.1105

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