1.5 Acres W Highway 98, SANTA ROSA BEACH

$1,995,000

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0 Bed
0 Bath
65,340 Sqft
1½ Acres
0 Garage

DEVELOPMENT ORDER in HAND for the construction of an 11,132 SF Subdividable Building with Drive-Thru! 239' of Highway 98 frontage enjoying the benefits of a existing deceleration lane! Rough-graded pad site maximizing buildable yield through its valuable offsite water retention system! Currently, one of the most premier, vertical build-ready sites located in South Walton County, Florida. This 1.5-acre parcel, zoned Village Mixed Use, is identified on the uploaded plat as 'Parcel B' of the mixed-use development along Highway 98 in Santa Rosa Beach, Florida known as The Shops at 393, which offers access to the traffic light at CR 393 and Highway 98. This outparcel commands significant visibility from a traffic count of approximately +/-50,000 vehicles daily. The exceptional...developer has committed over $350,000.00 to the specific site's infrastructural improvements and soft development costs to obtain the existing development order, not to mention the likely 1+ year timeline to obtain most development orders anywhere in South Walton County! This opportunity would cater well to the development of retail, medical, or professional office uses. The synergistic retail venue is within +/-2 miles North from Scenic 30A at Gulf Place and its multitude of beach-front parks and beach walkovers. Please inquire for further details.

Essential Information

Status
Active
MLS® #
923750
Price
$1,995,000
Days On Website
394
Square Footage
65,340
Acres
1.50
Type
Commercial Sales

Community Information

Address
1.5 Acres W Highway 98
Area
North Santa Rosa Beach
SubArea
04 CHURCHILL BAYOU TO HWY 393
City
SANTA ROSA BEACH
County
WALTON
State
FL
Zip Code
32459

Additional Information

Days on Website
394
Zoning
Commercial

Listing Details

Office
Somers & Company
Property History
Price Increased from $1,950,000 to $1,995,000
Price Increased from $1,800,000 to $1,950,000
Price Increased from $1,795,000 to $1,800,000

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Listing information last updated on June 17th, 2024 at 7:45pm CDT.