17
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$4,400,000
Est. payment /mo
10,778 SqFt
Active
38 W Thompson Rd Santa Rosa Beach, FL 32459
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UPDATED:
Key Details
Property Type Single Family Home, Commercial
Sub Type Other (See Remarks)
Listing Status Active
Purchase Type For Sale
Square Footage 10,778 sqft
Price per Sqft $408
MLS Listing ID 973962
Lot Size 1.100 Acres
Acres 1.1
Property Sub-Type Other (See Remarks)
Property Description
Discover an exceptional commercial investment opportunity at 38 Thompson Rd, Santa Rosa Beach. Built in 2024, this substantial 9,791 sq ft retail/flex building features durable and energy-efficient ICF construction. The property is comprised of 5 individual units, with 4 already generating income through existing leases. Enjoy unparalleled exposure with approximately 440 feet of valuable frontage along heavily traveled Highway 98. Adding to the appeal, the DOT has confirmed a future traffic light at this location, promising increased traffic flow and accessibility. Situated just 1.5 miles from the Gulf of America, this property is located in a dynamic and rapidly expanding area. This is a unique chance to acquire a modern, income-producing asset with significant growth potential.
Location
State FL
County Walton
Area 17 - 30A West
Zoning Village Mixed U
Listed by EXP Realty LLC