5201 Highway 98

Santa Rosa Beach, FL 32459

$3,450,000
Price
246,985 / 5.67
Lot Size / Acres
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Description

Exceptional 5.67-acre commercial parcel with over 300 feet of frontage on US Highway 98, strategically positioned in the fast-growing corridor of Santa Rosa Beach. Zoned Village Mixed Use (VMU), this versatile property offers endless development potential — including retail centers, office space, hospitality, or multi-use commercial projects. Located just west of Scenic Highway 30A and minutes from the beaches, this site boasts outstanding visibility, strong daily traffic counts, and direct access...Exceptional 5.67-acre commercial parcel with over 300 feet of frontage on US Highway 98, strategically positioned in the fast-growing corridor of Santa Rosa Beach. Zoned Village Mixed Use (VMU), this versatile property offers endless development potential — including retail centers, office space, hospitality, or multi-use commercial projects. Located just west of Scenic Highway 30A and minutes from the beaches, this site boasts outstanding visibility, strong daily traffic counts, and direct access from both

eastbound and westbound lanes. The land is high and dry with a favorable elevation and a
clean, developable footprint. All major utilities are available at the road — including public water, sewer, electric, and natural gas. Simplifying the development
process.
  1. Listed by Evan C Wagner • VPR United Real Estate

Property Details for 5201 Highway 98

Subdivision Name
[No Recorded Subdiv]
Zoning Description
Unrestricted
LISTING UPDATED: 12/02/2025 06:10 AM

Property Details for 5201 Highway 98

StatusActive
MLS #776956
Days on Market230
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Commercial / Commercial
Year Built-
Lot Size5.67 AC
CountyWalton County
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Location

Listing Courtesy of VPR United Real Estate
Add your commute

Building Information for 5201 Highway 98

Lot Size5.67 AC

Payment Calculator

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$16,815 per month

30 year fixed, 6.15% Interest

Principal and Interest

$16,815

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 5201 Highway 98

Summary
Location and General Information
  • City: Santa Rosa Beach
  • County Or Parish: Walton
  • Directions: From the West (Destin): Head east on US Hwy 98 E toward Santa Rosa Beach. After passing the intersection with Don Bishop Rd, continue approximately 1.3 miles. The property will be on your right just past Blenheim Lane. Look for signage or turn-in just before the curve toward Scenic Hwy 30A.
  • State Region: FL
  • Postal Code: 32459
  • Latitude: 30.374215
  • Longitude: -86.266258
  • State Or Province: FL
  • Road Frontage Type: Highway
  • MLS Area Major: 12 - Walton County
Taxes and HOA Information
  • Parcel Number: 32-2S-20-33250-000-0020
  • Association: No
  • Tax Legal Description: COMMENCE AT THE NE/C OF SEC. ''THENCE N 87 DEG 41'15'''' W ALONG'' THE N LINE OF SAID SECTION A DISTANCE OF 1321.48 FT TO THE NW/C OF LOT THENCE S 01 DEG ''50'31'''' W A DISTANCE OF 50 FT'' THENCE CONTINUE S 01 DEG 50 ''31'''' W A DISTANCE OF 159.60 FT'' TO THE S/LY LINE OF STATE ROAD 30 (U.S. 98) AND THE P.O.B. ''THENCE S 01 DEG 50'31''''W A DIS-'' TANCE OF 780.40 FT TO THE SW/C OF LOT 3 THENCE S
Property
Lot Information
  • Lot Size Acres: 5.67
  • Lot Size Area: 5.67
  • Lot Size Units: Acres
  • Lot Size Square Feet: 246985.0
Property and Assessments
  • Human Modified: No
Utilities
  • Sewer: Community Coop Sewer, Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Community Coop
Mobile Home
Mobile Home Information
  • Mobile Dim Units: Feet

Property History for 5201 Highway 98

DateEvent & SourcePriceAppreciation
Jul 30, 2025

Listed (Active)

CPAR #776956

$3,450,000—
DateEvent & SourcePrice
07/30/2025

Listed (Active)

CPAR #776956

$3,450,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 5201 Highway 98

This home is within Walton.
Rating
School
Type
Grades
Distance
Van R. Butler Elementary School
Public - K to 5
Emerald Coast Middle School
Public - 6 to 8
South Walton High School
Public - 9 to 12
Seaside Neighborhood School
Charter - 5 to 12
Rating
School
Distance
Van R. Butler Elementary School
PublicK to 5

Emerald Coast Middle School
Public6 to 8

South Walton High School
Public9 to 12

Seaside Neighborhood School
Charter5 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 5201 Highway 98, Santa Rosa Beach, FL 32459

5201 Highway 98 is a 5.67 ac of land for sale in Santa Rosa Beach, FL 32459. This property was listed for sale on July 30, 2025 by VPR United Real Estate, it's currently listed at $3,450,000. This listing's school district is Walton. Nearby schools include Van R. Butler Elementary School, Emerald Coast Middle School and South Walton High School. 5201 Highway 98 is a 0-bed, 0-bath, 5.67 ac of land on a 246,985 sq. ft. / 5.67 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of VPR United Real Estate

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2026 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.