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

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

$3,900,000

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

Current Price: $3,900,000 List Date: 4/17/2026 Last Modified: 8/10/2026

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

Status Change Info

Under Contract Date: 2026-05-11
Sold Date: 2026-07-27
Sold Price/Acre: 547752.81

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

More Information

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: August - 10 - 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.