Lot 16B is over 1/3 acre of prime South Walton real estate less than 100 yards to the bay and just minutes to the 331 bridge where you'll find an upgraded county park which offers a boat launch, restrooms, and fishing is within a mile from this lot. Bring your house plans and build your Emerald Coast retreat with no HOA or build out time! Conveniently located to the panhandle's stunning beaches, state parks, restaurants, and shopping you will find the value in this developing area of Santa Rosa Beach. Adjacent lot 16A is also for sale! This is an excellent Builder's opportunity to acquire adjacent buildable vacant lots in the heart of South Walton, or for someone to obtain an even larger parcel (parcels have different owners and are sold separately).