Residential Land for Sale in Santa Rosa Beach, Florida
38 W Thompson Rd, Santa Rosa Beach, FL 32459
Discover an exceptional commercial investment opportunity at 38 Thompson Rd, Santa Rosa Beach. Built in 2024, this substantial 9,791 sq ft retail/flex building features durable and energy-efficient ICF construction. The property is comprised of 5 individual units, with 4 already generating income through existing leases. Enjoy unparalleled exposure with approximately 440 feet of valuable frontage along heavily traveled Highway 98. Adding to the appeal, the DOT has confirmed a future traffic light at this location, promising increased traffic flow and accessibility. Situated just 1.5 miles from the Gulf of America, this property is located in a dynamic and rapidly expanding area. This is a unique chance to acquire a modern, income-producing asset with significant growth potential.
Location
- Street address
- 38 W Thompson Rd
- County
- Walton County
- Community
- A West
- Elevation
- 16 feet
Directions
Turn left onto US-98 E/Emerald Coast Pkwy W, Continue to follow US-98 E 8.2 mi Turn right onto Thompson Rd, Destination will be on the right
Property details
- Acreage
- 1.1 acres
- Zoning
- Village Mixed U
- MLS #
- ECARMLS 973962
- Posted
Parcels
- 33-2S-20-33260-001-0002
Legal description
COM NE/C LOT 1 SEC 33-2S-20W,W ALG HWY 98 161.89FT TO POB;W 161.89FT,S 00 DEG 55'25''E 280.74FT,S 89 DEG 59'24''E 161.96FT,N 0 DEG 56'17''W 280.77FT TO POB. OR 50-465 LESS ANY OF THE ABOVE DESC. LYING IN THE FOLLOWING DESC. BOUNDARIES: COM AT SE/C OF SEC N 01 DEG 27'42''E 5290.23FT ALG E LN OF SADI SEC TO PT ON CENTERLINE OF ST RD 30,DPRT E SEC LN N 87 DEG 41'16''W 33FT,S 01 DEG 27'42''W 50.01FT T
Details and features
Listing
- Type
- Residential
- Subtype
- Condominium
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Oct 29, 2025 | Back on market | $4,400,000 | — | ECARMLS |
| Oct 7, 2025 | Under contract | $4,400,000 | — | ECARMLS |
| Apr 15, 2025 | New listing | $4,400,000 | — | ECARMLS |