Date
Details
Price
Change
Source
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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1/21
$4,290,000 Just Listed
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1/21
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
- Price: $4,290,000
- Taxes: $8,873 (2025)
- Status: Active
- Type: Vacant Land
- Source: Emerald_Coast
- MLS ID: 1000855
- Updated: 4/21/2026
- Added to Site: 5 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
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— 5416 W US Hwy 98 —
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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
Tax History
Tax History for 5416 W US Hwy 98
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,614
—
$1,267,632
59%
2024
$6,614
5%
$795,174
—
2023
$6,287
26%
$795,174
48%
2021
$4,995
-23%
$535,753
-38%
2022
$6,483
30%
$870,038
77%
2021
$4,995
20%
$492,375
20%
2019
$4,165
7%
$410,490
10%
2018
$3,880
7%
$373,173
-5%
2017
$3,643
5%
$394,338
4%
2016
$3,458
16%
$380,145
25%
2015
$2,971
8%
$302,957
9%
2014
$2,759
3%
$278,780
—
2013
$2,676
—
$279,821
—
Disclaimer: Historical tax 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 5416 W US Hwy 98
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- Single Family
- Active
- Updated 3 hours ago
- 5Beds
- 4Total Baths
- 2,708Sq. Ft.
- Single Family
- Active
- Updated 8 hours ago
- 3Beds
- 4Total Baths
- 2,762Sq. Ft.
- Condo
- Active
- Updated 8 days ago
- 1Bed
- 1Total Bath
- 820Sq. Ft.
- Condo
- Active
- Updated 3 hours ago
- 3Beds
- 3Total Baths
- 1,479Sq. Ft.
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- Townhouse
- Active
- Updated 6 days ago
- 2Beds
- 3Total Baths
- 1,296Sq. Ft.
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- Single Family
- Closed
- Updated 7 days ago
- 6Beds
- 6Total Baths
- 5,730Sq. Ft.
- Single Family
- Closed
- Updated 7 days ago
- 7Beds
- 9Total Baths
- 5,553Sq. Ft.
- Single Family
- Closed
- Updated 7 days ago
- 7Beds
- 9Total Baths
- 6,005Sq. Ft.
- Single Family
- Closed
- Updated 8 days ago
- 6Beds
- 8Total Baths
- 5,617Sq. Ft.
5416 W US Highway 98, Santa Rosa Beach, FL 32459 (MLS# 1000855) is a Vacant Land property with a lot size of 7.12 acres. 5416 W US Highway 98 is currently listed for $4,290,000 and was received on April 17, 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.