About 5416 Us-98
Discover an exceptional commercial property strategically positioned on Highway 98, just east of the west end of Highway 30A. This prime 7+ acre location offers unparalleled convenience with a highway crossover, ensuring effortless access from both east and westbound lanes of traffic. The property comprises three parcels, each presenting unique opportunities.Parcel 1, spanning 1.54 acres, boasts Village Mixed zoning, 225 feet of Highway 98 frontage, and features a fully operational office building. Complete with an inviting entry/waiting area, conference room, bathroom, two offices, and a storage room, this parcel also includes a barn and aquafer with a well. Parcel 2, extending over 1.95 acres, is zoned conservation residential and is undergoing enhancements, including the installation of a pipe to replace the mosquito ditch. Lastly, Parcel 3 encompasses 3.63 acres, zoned conservation residential. The application process with Walton County for Parcels 2 and 3 has begun to have them both re-zoned to Village Mixed Use. Envision the potential of this location, poised to become a prime spot for retail space along the Highway 98 frontage, complemented by a community of townhomes behinda lucrative opportunity for those seeking a versatile and dynamic investment in the heart of thriving development.
Features of 5416 Us-98
| MLS® # | 938443 |
|---|---|
| Price | $4,300,000 |
| Square Footage | 309,276 |
| Acres | 7.10 |
| Type | Land |
| Sub-Type | Residential Land |
| Status | Active |
Community Information
| Address | 5416 Us-98 |
|---|---|
| Area | North Santa Rosa Beach |
| Subdivision | Highway 98 |
| City | SANTA ROSA BEACH |
| County | WALTON |
| State | FL |
| Zip Code | 32459 |
Amenities
| Utilities | Electric Available, Private Well, Lift Station, Public Sewer Available, Tap Fee Paid |
|---|---|
| Features | Cleared, Level, Irregular |
| Is Waterfront | No |
Exterior
| Lot Description | Cleared, Level, Irregular |
|---|
School Information
| Elementary | VAN R. BUTLER |
|---|---|
| Middle | EMERALD COAST |
| High | SOUTH WALTON |
Additional Information
| Zoning | See Remarks |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 0.00 |
Listing Details
| Office | Berkshire Hathaway HomeServices |
|---|