5416 Us-98, SANTA ROSA BEACH

$4,300,000

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0 Bed
0 Bath
309,276 Sqft
7.1 Acres
0 Garage

Discover an exceptional commercial property strategically positioned on Highway 98, just east of the west end of Highway 30A. This prime 7+ acre location offers unparalleled convenience with a highway crossover, ensuring effortless access from both east and westbound lanes of traffic. The property comprises three parcels, each presenting unique opportunities.Parcel 1, spanning 1.54 acres, boasts Village Mixed zoning, 225 feet of Highway 98 frontage, and features a fully operational office building. Complete with an inviting entry/waiting area, conference room, bathroom, two offices, and a storage room, this parcel also includes a barn and aquafer with a well. Parcel 2, extending over 1.95 acres, is zoned conservation residential and is undergoing enhancements, including the installation of a pipe to replace the mosquito ditch. Lastly, Parcel 3 encompasses 3.63 acres, zoned conservation residential. The application process with Walton County for Parcels 2 and 3 has begun to have them both re-zoned to Village Mixed Use. Envision the potential of this location, poised to become a prime spot for retail space along the Highway 98 frontage, complemented by a community of townhomes behinda lucrative opportunity for those seeking a versatile and dynamic investment in the heart of thriving development.

Essential Information

Status
Active
MLS® #
938443
Price
$4,300,000
Days On Website
133
Square Footage
309,276
Acres
7.10
Type
Land
Sub-Type
Residential Land

Community Information

Address
5416 Us-98
Area
North Santa Rosa Beach
SubArea
01 MACK BAYOU
Subdivision
Highway 98
City
SANTA ROSA BEACH
County
WALTON
State
FL
Zip Code
32459

Amenities

Features
Cleared, Level, Irregular

Utilities

Electric Available, Private Well, Lift Station, Public Sewer Available, Tap Fee Paid

Exterior

Lot Description
Cleared, Level, Irregular

School Information

Elementary
VAN R. BUTLER
Middle
EMERALD COAST
High
SOUTH WALTON

Additional Information

Days on Website
133
Zoning
See Remarks
HOA Fees
0.00

Office

Berkshire Hathaway HomeServices

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All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2024, All rights reserved.

Listing information last updated on April 27th, 2024 at 4:45pm CDT.