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$3,450,000
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Property Description
Exceptional 5.67-acre commercial parcel with over 300 feet of frontage on US Highway 98, strategically positioned in the fast-growing corridor of Santa Rosa Beach. Zoned Village Mixed Use (VMU), this versatile property offers endless development potential - including retail centers, office space, hospitality, or multi-use commercial projects. Located just west of Scenic Highway 30A and minutes from the beaches, this site boasts outstanding visibility, strong daily traffic counts, and direct access from both eastbound and westbound lanes. The land is high and dry with a favorable elevation and a clean, developable footprint. All major utilities are available at the road - including public water, sewer, electric, and natural gas. Simplifying the development process.
Full Property Details
Full Property Details for 5201 W US Hwy 98
General
- Price: $3,450,000
- Status: Active
- Type: Commercial
- Source: Emerald_Coast
- MLS ID: 981078
- Updated: 4/13/2026
- Added to Site: 149 day(s) ago
Location
- Area: 17 - 30A West
- County: Walton
- Driving Directions: From the West (Destin): Head east on US Hwy 98 E toward Santa Rosa Beach. After passing the intersection with Don Bishop Rd, continue approximately 1.3 miles. The property will be on your right just past Blenheim Lane. Look for signage or turn-in just before the curve toward Scenic Hwy 30A.
Lot Features
- Lot Size (Acres): 5.67
- Lot Size (Sq. Ft.): 246,985.2
- Lot Dimensions: 273 x 660 x 273 x 660
- Zoning: VMU
Disclosures and Reports
- Legal Description: COMMENCE AT THE NE/C OF SEC. THENCE N 87 DEG 41'15'' W ALONG THE N LINE OF SAID SECTION A DISTANCE OF 1321.48 FT TO THE NW/C OF LOT THENCE S 01 DEG 50'31'' W A DISTANCE OF 50 FT THENCE CONTINUE S 01 DEG 50' 31'' W A DISTANCE OF 159.60 FT TO THE S/LY LINE OF STATE ROAD 30 (U.S. 98) AND THE P.O.B. THENCE S 01 DEG 50'31''W A DIS- TANCE OF 780.40 FT TO THE SW/C OF LOT 3 THENCE S 87 DEG 41' 16'' E ALO
- APN: 32-2S-20-33250-000-0020
- Property ID: 32-2S-20-33250-000-0020
Listed by VPR United Real Estate
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Schools
Schools serving 5201 W US Hwy 98
School District:Walton County School District
| Name | Grades | Distance |
|---|---|---|
Van R. Butler Elementary School 6694 West County Highway 30A, Santa Rosa Beach, FL 32459 | K-5 | 1 mi |
Emerald Coast Middle School 4019 US Highway 98 East, Santa Rosa Beach, FL 32459 | 6-8 | 9.2 mi |
South Walton High School 645 Greenway Trail, Santa Rosa Beach, FL 32459 | 9-12 | 5.1 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 5201 W US Hwy 98
Date
Details
Price
Change
Source
7/16/2025
Listed
$3,450,000
—
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 5201 W US Hwy 98
5201 W US Highway 98, Santa Rosa Beach, FL 32459 (MLS# 981078) is a Commercial property. 5201 W US Highway 98 is currently listed for $3,450,000 and was received on November 17, 2025. Want to learn more about 5201 W US 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.

