$2,395,000
Santa Rosa Beach, FL 32459
MLS# 948711
Status: Pending
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Property Description
ENTITLED 100-Key HOTEL SITE on an extremely PRIME 2.29 Acres of 100% UPLANDS containing an astounding ~328' along Highway 98, which is located in one of Florida's fastest growing markets! This coveted site is part of the approved, master-planned Sandbar community's commercial plat, the ''front door'' to a 30+ acre community, convenient in proximity and connectivity to Scenic 30A without having to cross Highway 98! The strategic location will benefit not only from high visibility captured by the approximate 40,000+ vehicles passing the site daily along Highway 98, but also the synergy with the mixed-uses surrounding the exceptional parcel, all economically fueled by the phenomenal growth that is occurring in Santa Rosa Beach and Scenic 30A, Florida. The superb quality of this...
Details
Documents
Contract Info
GCCMLS Number: 40261076
Listing Board: Emerald Coast
List Date: 2024-04-30
List Price: $2,395,000
Location, Tax and Legal
Sub Area: 1701 - Santa Rosa Beach S of 98 West of 393
Property Name: Lot 4, Sandbar Commercial
Legal Description: Lot 4, Sandbar Commercial Plat; Walton County, Florida / South Santa Rosa Beach
General Property Info
Listed on GCCMLS: Yes
Vacant: Yes
Immediate Occupancy: No
Lot Frontage: 328
Acreage: 2.29
Listing Info, Tax & Legal
As Is: Yes
Remarks & Misc
Remarks: ENTITLED 100-Key HOTEL SITE on an extremely PRIME 2.29 Acres of 100% UPLANDS containing an astounding ~328' along Highway 98, which is located in one of Florida's fastest growing markets! This coveted site is part of the approved, master-planned Sandbar community's commercial plat, the ''front door'' to a 30+ acre community, convenient in proximity and connectivity to Scenic 30A without having to cross Highway 98! The strategic location will benefit not only from high visibility captured by the approximate 40,000+ vehicles passing the site daily along Highway 98, but also the synergy with the mixed-uses surrounding the exceptional parcel, all economically fueled by the phenomenal growth that is occurring in Santa Rosa Beach and Scenic 30A, Florida. The superb quality of this...
Class
Hotel/Motel: 1
Land: 1
Construction Status
Proposed: 1
Land
Property Type: Mixed Use
Hotel/Motel
Building SqFt: 56000
# of Rooms: 100
None
Current Price: $2,395,000
Status Change Info
Status: Pending
Under Contract Date: 2024-12-30
Location Tax and Legal
Area: 17 - 30A West
Street #: 2.29 Acres
Street Name: Highway 98
State: FL
Zip Code: 32459
County: Walton
Parcel ID: 33-2S-20-33260-001-0003
Property Features
Class: Hotel/Motel; Land
Construction Status: Proposed
Supplements
offering is an extremely rare opportunity in the local real estate market. The uploaded illustration reveals the subject land as "Lot 4", which is entitled for 100-keys of hotel rooms; totaling 56,000 SF of entitled intensity. The development of this parcel should be more cost-effective, as the topographic grade is favorable, and the existing entitlements should allow for a dramatic advancement to reach fruition for vertical construction. Additional contiguous upland land may be available should a buyer require a larger parcel. Please inquire for further details.
Plat Listing Office: Somers & Company
Last Updated: September - 20 - 2025
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.
