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$5,000,000 Just Listed

  • For Sale
  • Active
  • Commercial
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Fully Leased 2024 Construction | Future Signalized Intersection Invest in a property designed to dominate the Santa Rosa Beach corridor. Positioned at 38 Thompson Rd, this 9,791 sq. ft. asset is a fortress of efficiency and visibility. The owner spared no expense, upgrading the structure to Category 5 hurricane resistance with 16' thick ICF exterior walls, ensuring a maintenance-free life cycle and superior insurance advantages. Future Signalized Access: The DOT has confirmed a new traffic light at this intersection, guaranteeing significantly increased traffic counts and effortless ingress/egress for tenants. Maximum Flexibility: With zero interior load-bearing walls, the 5 fully leased units offer a 'future-proof' layout that can be easily reconfigured. Unrivaled Frontage: ±440 feet of direct Highway 98 exposure just 1.5 miles from the Gulf.

Full Property Details for 38 Thompson Rd

General

  • Price: $5,000,000
  • Status: Active
  • Type: Commercial
  • Source: Emerald_Coast
  • MLS ID: 1003065
  • Updated: 5/14/2026
  • Added to Site: 5 day(s) ago

Location

  • Area: 17 - 30A West
  • County: Walton
  • Driving 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

Lot Features

  • Lot Size (Acres): 1.1
  • Lot Size (Sq. Ft.): 47,916
  • Lot Dimensions: 150' x 440'

Disclosures and Reports

  • Legal Description: COM NE/C LOT 1 SEC 33-2S-20W, S 00 DEG 57'00''E 280.80FT, N 89 DEG 59'24''W 161.96FT, N 00 DEG 56'17''W 280.77FT, E 161.89FT TO POB. OR 41-541 LESS 33FT FOR ROW LESS & EXCEPT DOT ROW IN OR 2022-36 OR 3160-3500 OR 3241-1992
  • APN: 33-2S-20-33260-001-0004
  • Property ID: 33-2S-20-33260-001-0004

Listed by EXP Realty LLC

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Listing agent

— 38 Thompson Rd —

  • EXP Realty LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 38 Thompson Rd

School District:Walton County School District
NameGradesDistance
Van R. Butler Elementary School
6694 West County Highway 30A, Santa Rosa Beach, FL 32459
K-51.3 mi
Emerald Coast Middle School
4019 US Highway 98 East, Santa Rosa Beach, FL 32459
6-88 mi
South Walton High School
645 Greenway Trail, Santa Rosa Beach, FL 32459
9-123.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 38 Thompson Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/14/2026
Listed
$5,000,000
4835.83%
MLS
3/01/2022
Sold
$101,300
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 38 Thompson Rd

Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,663
—
$518,144
78%
2024
$2,663
1%
$291,533
—
2023
$2,649
51%
$291,533
61%
2021
$1,758
-7%
$181,575
-12%
2022
$1,885
7%
$207,460
50%
2021
$1,758
60%
$138,240
35%
2019
$1,100
7%
$102,568
10%
2018
$1,024
7%
$93,244
-14%
2017
$961
5%
$108,544
4%
2016
$913
11%
$104,448
16%
2015
$819
8%
$90,112
10%
2014
$757
10%
$81,920
11%
2013
$690
—
$73,728
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by EXP Realty LLC

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38 Thompson Road, Santa Rosa Beach, FL 32459 (MLS# 1003065) is a Commercial property. 38 Thompson Road is currently listed for $5,000,000 and was received on May 14, 2026. Want to learn more about 38 Thompson Road? 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.

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