24-Acres Highway 98, Santa Rosa Beach, FL 32459
24-Acres Highway 98, Santa Rosa Beach, FL 32459
24-Acres Highway 98, Santa Rosa Beach, FL 32459
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$15,950,000
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1,065,477 SqFt
Active

24-Acres Highway 98 Santa Rosa Beach, FL 32459

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 1,065,477 sqft

Price per Sqft $14

MLS Listing ID 998058

Lot Size 24.460 Acres

Acres 24.46

Source Emerald Coast Association of REALTORS®

Property 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.

Location

State FL

County Walton

Area 16 - North Santa Rosa Beach

Zoning VMU

Direction This acreage is located approximately 1.7 West from the intersection at Highway 331 & Highway 98. and approximately 300' Eastward from the Publix Supermarket in Santa Rosa Beach on the North side of Highway 98.

Exterior

Garage No

Building

Faces This acreage is located approximately 1.7 West from the intersection at Highway 331 & Highway 98. and approximately 300' Eastward from the Publix Supermarket in Santa Rosa Beach on the North side of Highway 98.

New Construction No

Others

Pets Allowed No

Tax ID 36-2S-20-33290-000-0330

Miscellaneous 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...


 Emerald Coast MLS - IDX
Listed by John Paul Somers Somers & Company

NEARBY SCHOOL & BUSINESS

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Hudson "Mitch" Willis

Hudson "Mitch" Willis

Team Leader of The Hudson Willis Group | License ID: 3508506

+1(850) 756-1823

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24-Acres Highway 98