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Mixed-Use Land for Sale in Miramar Beach, Florida

~ Highway 98 Frontage, Miramar Beach, FL 32550

$6,495,000
6 acres
pending
Under contract

Price Reduced...Prime Commercial / Mixed Use Development Opportunity in Miramar Beach, FL. This High & Dry 6.06 acres sits along Highway 98 with a traffic count over 53,000 cars per day (FDOT 2023). This property can be purchased as a whole or subdivided into outparcels. The seller is willing to entertain a Sale, Ground Lease or Build to Suit. This parcel has 125,000 SF Mixed Use density entitled within this PUD. Frontage Outparcels @ $30/SF; Rear Parcels @ $24/SF. Offsite Retention creating more buildable square footage.

Location

Street address
~ Highway 98 Frontage
Community
Miramar/Sandestin Resort
Elevation
20 feet
Coordinates
30.3847, -86.3943

Directions

Property is located along the southside of Highway 98 at the county line between Okaloosa / Walton County. Also, across the street from Emerald Bay S/D.

Property details

Acreage
6.06 acres
Zoning
Coastal Center
MLS #
ECARMLS 915930
Posted

Parcels

  • 30-2S-21-42000-005-0000

Legal description

Details and features

Listing

Type
Residential
Subtype
Condominium

Listing history

DateEventPriceChangeSource
Nov 11, 2025Under contract$6,495,000ECARMLS
Feb 19, 2025Price drop$6,495,000$405,000 -5.9%ECARMLS
Feb 4, 2025Relisted$6,900,000ECARMLS
Feb 2, 2025Listing removed$6,900,000Listing agent
July 30, 2024New listing$6,900,000ECARMLS
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This 6.06-acre property is located at ~ Highway 98 Frontage in Miramar Beach, FL 32550. The property is pending sale.

Checked 1 hour ago — Updated

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Copyright (C) 2025 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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