98 HwySanta Rosa Beach, FL 32459

Property Details for 98 Hwy

Property type

Other commercial real estate

Property subtype

Other land

Description

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.

Location Insight

City

Santa Rosa Beach

County

Walton

State

Florida

Latitude

30.3745

Longitude

-86.2497

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