5416 W US Highway 98, Santa Rosa Beach, FL 32459 (MLS# 1000855)

5416 W US Highway 98, Santa Rosa Beach, FL 32459

$4,290,000

Property Type: Land Lot Size (sq. ft.): 310,147 Status: Active

Current Price: $4,290,000 List Date: 4/17/2026 Last Modified: 4/17/2026

Overview

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.

Supplements: 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 ... (Read more)

Listing Details MLS# 1000855

Contract Info

Listing Board: Emerald Coast
List Price/Acre: 602528.09

Location Tax and Legal

Street #: 5416
Street Direction: W
Street Name: US Highway 98
Area: 16 - North Santa Rosa Beach
State: FL
Zip Code: 32459
County: Walton
Project Name/Subdivision: Highway 98
Parcel ID: 29-2S-20-33000-017-0030

General Property Info

Sub-Type: Vacant Land
Acreage: 7.12

Location, Tax and Legal

Sub Area: 1601 - SRB NW of Hwy 98 to Church Hill Bayou
Elementary School: Van R Butler
Middle School: Emerald Coast
High School: South Walton
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

More Information

Listing Info, Tax & Legal

Is Subject Leased: No
Assessment Fees: No
New Buyer Fee: No
Last Taxes: 8873.57
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: Yes

Remarks & Misc

Remarks: 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.

Farm Info

Barn - Other: Yes
Irrigation System: Yes

Lot Features

Cleared: Yes
Irregular: Yes
Level: Yes

Lot Access

Controlled Access: Yes
County Road: Yes
U.S. Highway: Yes

Utilities

Electric: Yes
Lift Station: Yes
Private Well: Yes
Public Sewer: Yes
Tap Fee Paid: Yes

Zoning

See Remarks: Yes

Property Features

Farm Info: Barn - Other; Irrigation System Lot Access: Controlled Access; County Road; U.S. Highway Lot Features: Cleared; Irregular; Level Zoning: See Remarks Utilities: Electric; Lift Station; Private Well; Public Sewer; Tap Fee Paid

Listing Office: Corcoran Reverie SRB

Last Updated: April - 17 - 2026

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.