1.46 Acres Highway 98

Description

NEW LISTING! Approximately 1.46 prime acres ('Lot 3') fronting Highway 98 in Santa Rosa Beach, Florida; an exceptional corner parcel, adjacent to a future curb cut in addition to its eventual connectivity to secondary points of ingress and egress from Sugar Drive and Thompson Road, thus offering exceptional flow around the parcel. 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 rare parcel, all economically fueled by the phenomenal growth that is occurring in Santa Rosa Beach and Scenic 30A, Florida. The superb quality of this offering is an extremely rare opportunity in the local real estate market. The pictured... illustration reveals the subject land as "Lot 3", which is entitled for potentially 15,000 square feet, accommodating commercial / retail use. 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 in terms of timeline to gain the approvals for the development and construction of infrastructure and vertical improvements. "Pond A" indicates the stormwater retention area that will be shared by "Lot 3". Please inquire for further details.