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2.29 Acres Highway 98, Santa Rosa Beach, FL 32459
$2,395,000
2.29 Acres Highway 98, Santa Rosa Beach, FL 32459View this property at 2.29 Acres Highway 98, Santa Rosa Beach, FL 32459
2.29 Acres Highway 98Santa Rosa BeachFL32459
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Property Description
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.
Full Property Details
Full Property Details for 2 29 Acres Hwy 98
General
- Price: $2,395,000
- Status: Active
- Type: Commercial
- MLS ID: 948711
- Updated: 4/30/2024
- Added to Site: 16 day(s) ago
Location
- Area: 17 - 30A West
- County: Walton
- Driving Directions: 4379 US Highway 98 W, Santa Rosa Beach, FL 32459
Lot Features
- Lot Size (Acres): 2.29
Disclosures and Reports
- Legal Description: Lot 4, Sandbar Commercial Plat; Walton County, Florida / South Santa Rosa Beach
- APN: 33-2S-20-33260-001-0003
Listed by Somers & Company
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Price & Sales History for 2 29 Acres Hwy 98
Date
Details
Price
Change
Source
4/30/2024
Listed
$2,395,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2 29 Acres Hwy 98
2.29 Acres Highway 98, Santa Rosa Beach, FL 32459 (MLS# 948711) is a Commercial property. 2.29 Acres Highway 98 is currently listed for $2,395,000 and was received on April 30, 2024. Want to learn more about 2.29 Acres Highway 98? Do you have questions about finding other Commercial real estate for sale in Santa Rosa Beach? You can browse all Santa Rosa Beach real estate or contact a Coldwell Banker agent to request more information.