$2,950,000
Santa Rosa Beach, FL 32459
MLS# 994090
Status: Pending

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Property Description
Introducing a remarkable investment opportunity in the heart of Dune Allen Beach! This expansive 5.5-acre parcel presents a rare canvas for creative development, with neighborhood infill zoning. Situated along the tranquil shores of Allen Lake, supplying a picturesque backdrop for potential homesites. Benefiting from its coveted location, this property offers proximity to pristine beaches, upscale amenities, and the vibrant coastal lifestyle that 30A is known for. The versatility of this land is unparalleled, offering the potential to construct multiple waterfront and non-waterfront residences, ranging from 2 to 8 homes per acre (more info can be provided). With the ability to subdivide the land, investors have the opportunity to tap into the growing demand for premium real estate in the
Details
Contract Info
Listing Board: Emerald Coast
List Price/Acre: 536363.64
List Date: 2026-01-30
List Price: $2,950,000
Location, Tax and Legal
Sub Area: 1701 - Santa Rosa Beach S of 98 West of 393
Elementary School: Van R Butler
Middle School: Emerald Coast
High School: South Walton
Legal Description: COM NW/C LOT 24,S 00 DEG 15' 00 W 230 FT,S 88 DEG 31'00E 225.48 FT TO POB,S 88 DEG 31' 00E 107 FT,S 00 DEG 15'00W 200 FT,N 88 DEG 31'00W 107 FT N 00 DEG 15'OOE 200 FT TO POB OR 954-198 OR 1439-319 OR 2274-93 OR 2598-397 OR 2887-4888 ALSO LOT 26 S/D LOT 2 4-3S-20 OR 2420-1173 OR 2420-1174 OR 2682-2384 OR 2905-1777 ALSO LOT 23 S/D SEC 4-3S- 20 OR 2883-4974 OR 2950-92 OR 3028-2762
General Property Info
Sub-Type: Vacant Land
Acreage: 5.5
Listing Info, Tax & Legal
Is Subject Leased: No
Assessment Fees: No
New Buyer Fee: No
Last Taxes: 7862.53
Last Tax Year: 2022
Brokerage Interest: No Interest
As Is: No
Remarks & Misc
Remarks: Introducing a remarkable investment opportunity in the heart of Dune Allen Beach! This expansive 5.5-acre parcel presents a rare canvas for creative development, with neighborhood infill zoning. Situated along the tranquil shores of Allen Lake, supplying a picturesque backdrop for potential homesites. Benefiting from its coveted location, this property offers proximity to pristine beaches, upscale amenities, and the vibrant coastal lifestyle that 30A is known for. The versatility of this land is unparalleled, offering the potential to construct multiple waterfront and non-waterfront residences, ranging from 2 to 8 homes per acre (more info can be provided). With the ability to subdivide the land, investors have the opportunity to tap into the growing demand for premium real estate in the
Waterfront
Coastal Dune Lakes: 1
Waterview
Coastal Dune Lakes: 1
Gulf: 1
Lot Features
Coastal Setback: 1
Dead End: 1
Wetlands: 1
Within 1/2 Mile to Water: 1
Wooded: 1
Construction/Siding
Roof Metal: 1
Stucco: 1
Lot Access
Gravel/Oyster Shell: 1
Utilities
Electric: 1
Public Sewer: 1
Public Water: 1
TV Cable: 1
Zoning
Resid Single Family: 1
See Remarks: 1
None
Current Price: $2,950,000
Status Change Info
Status: Pending
Under Contract Date: 2026-03-08
Location Tax and Legal
Street #: 108
Street Name: Woodward
Street Suffix: Drive
Area: 17 - 30A West
State: FL
Zip Code: 32459
County: Walton
Project Name/Subdivision: UNRECORDED SUBDIVISION
Parcel ID: 04-3S-20-34140-000-024C
Property Features
Lot Access: Gravel/Oyster Shell
Lot Features: Coastal Setback; Dead End; Wetlands; Within 1/2 Mile to Water; Wooded
Zoning: Resid Single Family; See Remarks
Waterfront: Coastal Dune Lakes
Waterview: Coastal Dune Lakes; Gulf
Utilities: Electric; Public Sewer; Public Water; TV Cable
Supplements
area. The property also includes a three story home with pool. The property is graced by natural wetlands, adding an extra layer of environmental significance. Mitigation is required to preserve this valuable ecosystem to allow for thoughtful development. Rarely does a parcel of this size, location, and zoning become available, making this an extraordinary chance for visionary developers.
Listing Office: Compass
Last Updated: March - 09 - 2026
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.