5416 W US Highway 98, Santa Rosa Beach, FL 32459 - Photo 1

1/1

$3,900,000

Sold
Closed
Vacant Land
7.12 Acres
Updated 13 hours ago

1/1

Property Description

Positioned along the well-traveled corridor of US Highway 98, 5416 W US Highway 98 presents a compelling opportunity within the evolving landscape of Santa Rosa Beach. Comprising just over seven acres across three combined parcels, this offering brings together scale, visibility, and accessibility in a setting primed for thoughtful development. With prominent highway frontage, the property benefits from consistent exposure and ease of access, creating a strong foundation for a wide range of commercial possibilities. The surrounding area continues to experience steady growth, enhancing both the presence and long-term potential of this location. The size and configuration of the land allow for a vision that is both expansive and intentional--whether designed for a single-use concept or a more dynamic, mixed-use environment. The site's visibility from Highway 98 ensures a natural connection to the flow of daily life along the Emerald Coast, while its accessibility supports seamless arrival and departure. Defined by opportunity and positioned for impact, 5416 W US Highway 98 offers a rare canvas in one of the region's most active corridors--an address where thoughtful planning and design can shape something truly lasting.

Full Property Details

Full Property Details for 5416 W US Hwy 98

General

Sold For: $3,900,000
Taxes: $8,873 (2025)
Status: Closed
Type: Vacant Land
Source: Emerald_Coast
MLS ID: 1000855
Added to Site: 130 day(s) ago

Location

Area: 16 - North Santa Rosa Beach
County: Walton
Subdivision: Highway 98
Driving Directions: Traveling West on Highway 98, parcel sits on North side of 98 (right side), between Hunter's Road and Don Bishop Road.

School Information

Elementary School: Van R Butler
Middle School: Emerald Coast
High School: South Walton

Utilities

Sewer: Public Sewer
Water: Well
Well: Yes
Utility Description: Electric, Lift Station, Tap Fee Paid

Additional Structures

Other Structures: Barn - Other

Lot Features

Lot Size (Acres): 7.12
Lot Size (Sq. Ft.): 310,147.2
Lot Dimensions: 220 x 320 | 250 x 325 | 580 x 125 x 553 x 370
Frontage: County Road, US Highway
Lot Features: Cleared, Irregular, Level

Financial Considerations

Price Per Acre: $602,528.09
Tax Amount: $8,873.57
Tax Year: 2025

Disclosures and Reports

Legal Description: COM SE/C LOT 18 FOR POB, N 88 DEG 32' 28'' W 230.38 FT, S 01 DEG 09'31''W 50.72 FT, S 88 DEG 11'09''E 6.98 FT , S 01 DEG 09' 31''W 182.62 FT, N 88 DEG 11' 09''W 7FT, S 01 DEG 09'31''W 99.50 FT TO N R/W ST RD 30, THENCE ELY ALONG R/W TO SE/C LOT 17, THENCE N 330 FT MOL TO SE/C OF LOT 18 & POB. OR 1710-198 LESS ANY OF THE FOLLOWING LYING IN THE ABOVE DESC: COM AT THE SW/C OF THE NE1/4 OF SEC 32-2S-20
APN: 29-2S-20-33000-017-0030
Property ID: 29-2S-20-33000-017-0030

Listed by Corcoran Reverie SRB
Sold by Scenic Sotheby's International Realty

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Schools

Schools serving 5416 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	1.1 mi
Emerald Coast Middle School 4019 US Highway 98 East, Santa Rosa Beach, FL 32459	6-8	9.3 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 5416 W US Hwy 98

Date

Details

Price

Change

Source

7/27/2026

Sold

$3,900,000

-9.09%

MLS

4/17/2026

Listed

$4,290,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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5416 W US Highway 98, Santa Rosa Beach, FL 32459 (MLS# 1000855) is a Vacant Land property that was sold at $3,900,000 on July 27, 2026. Want to learn more about 5416 W US Highway 98? Do you have questions about finding other Vacant Land 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.

5416 W US Hwy 98 Santa Rosa Beach, FL 32459