Commercial Land for Sale in Santa Rosa Beach, Florida

Highway 98 Santa Rosa Beach, FL 32459

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$2,395,000
2.29 acres
Active sale agoEst $18,891/mo

ENTITLED 100-Key HOTEL SITE on an extremely PRIME 2.29 Acres of 100% UPLANDS containing an astounding ~328' along Highway 98, which is located in one of Florida's fastest growing markets! This coveted site is part of the approved, master-planned Sandbar community's commercial plat, the ''front door'' to a 30+ acre community, convenient in proximity and connectivity to Scenic 30A without having to cross Highway 98! The strategic location will benefit not only from high visibility captured by the approximate 40,000+ vehicles passing the site daily along Highway 98, but also the synergy with the mixed-uses surrounding the exceptional parcel, all economically fueled by the phenomenal growth that is occurring in Santa Rosa Beach and Scenic 30A, Florida. The superb quality of this... offering is an extremely rare opportunity in the local real estate market. The uploaded illustration reveals the subject land as "Lot 4", which is entitled for 100-keys of hotel rooms; totaling 56,000 SF of entitled intensity. The development of this parcel should be more cost-effective, as the topographic grade is favorable, and the existing entitlements should allow for a dramatic advancement to reach fruition for vertical construction. Additional contiguous upland land may be available should a buyer require a larger parcel. Please inquire for further details.

Directions

4379 US Highway 98 W, Santa Rosa Beach, FL 32459

Location

Street Address
Highway 98
Community
A West
Elevation
13 feet
Coordinates
30.3736, -86.2501

Property details

MLS Number
ECARMLS 948711
Date Posted

Parcels

  • 33-2S-20-33260-001-0003

Legal description

This 2.29-acre property is located at Highway 98 in Santa Rosa Beach, FL 32459 with latitude 30.3736 and longitude -86.2501. The property is currently available for sale for $2,395,000 with a price per acre of $1,045,852. Listing data is sourced from Emerald Coast Association of Realtors # 948711.

Verify sale details at the property source or contact Somers & Company at (850) 654-7777.

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Copyright (C) 2024 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.

Updated . Checked 2 hours ago. Parcel data by Regrid.

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