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

New Listing
$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

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 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.

More Information MLS# 1000855

Contract Info

Listing Board: Emerald Coast List Price/Acre: 602528.09 List Date: 2026-04-17 List Price: $4,290,000

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

General Property Info

Sub-Type: Vacant Land Acreage: 7.12

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: 1 Irrigation System: 1

Lot Features

Cleared: 1 Irregular: 1 Level: 1

Lot Access

Controlled Access: 1 County Road: 1 U.S. Highway: 1

Utilities

Electric: 1 Lift Station: 1 Private Well: 1 Public Sewer: 1 Tap Fee Paid: 1

Zoning

See Remarks: 1

None

Current Price: $4,290,000

Status Change Info

Status: Active

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

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.