5416 US-98 West

Off Market

5416 US-98 West

Walton County FL 32459

310147.2 sq. ft.

Land

Last sold for $3,900,000

Hilary Farnum-Fasth, last sold this property on 27 July 2026 after 1769 days on market.

Overview

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. 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 and departure. Defined by opportunity and positioned for impact, 5416 W US Highway 98 offers a rare canvas in one of the region's most active corridors--an address where thoughtful planning and design can shape something truly lasting.

Features

310147.2 sq. ft. lot size

Land

Estimated Value

Based on this property and similar land plots sold in Walton County over the last 12 months, the estimated median property value of 5416 US-98 West is $295k.

Median value

$295k

Estimated value range

$30k - $6.5m

Median days on market

Estimated value trend

-2%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Walton County. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5416 US-98 West

2026

Sold

$3,900,000

27 Jul 2026 by Hilary Farnum-Fasth, of CORCORAN REVERIE

Happy sellers in Walton County

86%

86% of sellers in Walton County reported that their sale price either exceeded or met their price expectations.

Walton County stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 21 reviews in Walton County over the last 12 months.

Local market activity for land plots in Walton County

In the last 12 months, 209 land plots similar to 5416 US-98 West, have been sold.

This represents a 8% increase in land plots sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Walton County for a market analysis.

Casey Porter

at Engel & Volkers 30A Beaches

(18 reviews)

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Katelyn Wilcox

at Barbee Realty Inc

(9 reviews)

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Jennifer Crawford

at Keller Williams Realty SRB

(39 reviews)

Get a market analysis

Michele Bailey

at Compass

(21 reviews)

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Walton County

Casey Porter

Sellers who recommend Casey Porter have praised them for being local expert

5 (18 reviews)
12 Reviews in Walton County
4 Sales in Walton County

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Katelyn Wilcox

Katelyn Wilcox is an award winning recommended agent for Walton County. They have 4 local sales and collected 4 local reviews across the last 12 months.

5 (9 reviews)
4 Reviews in Walton County
4 Sales in Walton County

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Jennifer Crawford

Sellers who recommend Jennifer Crawford have praised them for being local expert, clear communication, proactive, friendly, attentive, and dedicated

5 (39 reviews)
4 Reviews in Walton County
6 Sales in Walton County

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Michele Bailey

Michele Bailey is an award winning recommended agent for Walton County. They have 9 local sales and collected 2 local reviews across the last 12 months.