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5283 US Highway 98 E, Santa Rosa Beach, FL

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5283 US Highway 98 E

Santa Rosa Beach, FL 32459

Property Type:Land Parcel Size:4.68 Acres
For Sale Price:$1,700,000 Price/Acre:$363,248 Price/SF:$8.34

Proposed Use:Commercial, MultiFamily, Planned Unit Development

On-Site Improv:Raw land

Sale Notes:
Developer's dream! 4.68 acres of uplands with approx 345 feet of frontage on Hwy 98. This parcel is in flood zone 'X' and, according to Walton County website maps, has NO wetlands! Zoned Village Mixed Use which is suitable 12 Units/acre residential/multifamily project OR general commercial uses, including health club, sports club, limited lodging (inn with no more than 75 rooms)to mention a few. Close to the communities of WaterColor, Seaside, Rosemary Beach, WaterSound and Alys Beach.

This parcel does not have a current development order. However, current owner has site plans for 48 unit townhome project that was to final D.O. stages.
From Santa Rosa Beach, travel east on Highway 98. Property is on northside of Hwy 98 approximately 2 miles from intersection of Hwy 98 and Hwy 395.

Keller Williams Realty Emerald Coast
Jim Springer
(850) 654-2900

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