SRB 000 Hwy 98 E

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30500436
Property Subtypes: Hospitality, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Vacation/Resort
Status: Pending
Gross Land Area: 9.62 Acres
Sale Price: $3,885,000
Unit Price: $403,846 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/16/2020

Overview / Comments

Fantastic development assemblage of three parcels in the booming Santa Rosa Beach area. Located along Hwy 98 E with 670 feet of frontage, these parcels are shown to be mostly upland on the Walton County mappers but with some wetlands along the southern perimeter in FDOT ROW and beyond. Just 300 yards from Publix to the east. Zoned VMU. Assemblage consists of east section of 26-2S-20-33200-000-0170, parcel 26-2S-20-33200-000-0183, and parcel 26-2S-20-33200-000-0182. It does not include the 3.06-acre parcel at NE corner of Hwy 98 and Veteran's Rd.

Additional Details

Nearest MSA: Crestview-Fort Walton Beach-Destin
County: Walton
Taxing Authority: Walton County
Tax ID/APN: 26-2S-20-33200-000-0170
Zoning: VILLAGE MIXED USE
Property Located Between: Veteran' Blvd and Publix in Santa Rosa Beach
Property Visibility: Excellent
Legal Description: LONG DESCRIPTIONS IN WALTON COUNTY, FL, 32550 DEED BOOKS MULTIPLE PARCELS
Largest Nearby Street: Hwy 98 e
Feet of Frontage: 670
Traffic/Vehicle Count: 32,500
Highway Access: Direct access to Hwy 98 E Santa Rosa Beach Fl., 32459
Site Description: Wooded level upland (per Walton County GIS map) parcels with mixed soil approx 9.62 acres.
Area Description: Santa Rosa Beach is in the heart of the commercial district along Hwy 98 in the southern portion of Walton County. The area of South Walton is home to many small beach communities, including Inlet Beach, Rosemary Beach, Seacrest, Alys Beach, WaterSound, Seagrove, Seaside, WaterColor, Grayton Beach, Blue Mountain Beach, Dune Allen Beach, Point Washington, Miramar Beach and Sandestin, among others. SouthWalton.com is part of the 30A network.
Lot Frontage: 670'
Lot Depth: 672'
Zoning Description: Village Mixed Use with a potential change to accommodate greater density.
Topography: Level
Soil Type: Mixed

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 5,013 8,579
Median Age: 39.71 40.32
Households: 2,122 3,620

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