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Listed price in listed location currency (USD).
$15,950,000

000

MLS® 998058

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes 
Days Active 1
Approx. Age 
MLS® Number 998058

Property Address: 24-Acres Highway 98, Santa Rosa Beach, FL, 32459

Average square foot calculated using Size range provided by listing agent.

Description

EXTREMELY RARE NEW DEVELOPMENT OPPORTUNITY in the very scarce and flourishing market of Santa Rosa Beach, Florida! An opportunity to acquire 24.46 prime contiguous acres in South Walton County is virtually non-existent, as most of the remaining larger tracts of undeveloped land Eastward from this assemblage of (3) contiguous parcels, all the way to Bay County, is vast State Forest and Parkland. Expanding 1, 284 feet along Highway 98, this site also contains a median crosscut. An Active Development Order for (240)-units of multi-family apartments has been recently issued by Walton County, yet additional development uses could include a Campus for various Levels of Elderly Care, Big Box Retail with Outparcels (I.E.-Home Depot, Lowe's, Target, Wal-Mart, etc...), which would... Likely require only a 'Less than Minor Development Order' or 'Minor Development Order' to crossover from apartments to a mixed-use retail venue or elderly care campus. The land use and zoning is the most preferred in the local development community, known as V.M.U. (Village Mixed Use). The active development order for apartments involves a site plan accommodating (454)-car parking spaces with an additional (9)-handicap spaces. Please inquire for further details.
MLS® Number998058
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 16, 2026List Date
$15,950,000List Price
  • Commute

Commute

Starting Address
Destination Address
24-Acres Highway 98, Santa Rosa Beach, FL

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