Developer Sales
Garage 30A
Project facts
- Status
- Under Construction
- Address
- 5283 Hwy 98 E
- City
- Santa Rosa Beach, Florida
- Region
- Panhandle
- Submarket
- Destin; Santa Rosa Beach
- Units
- 55
- Average unit size
- 1,200 SF
- Amenity tier
- Premium
- Key amenities
- 18'+ Clear Heights, Mezzanine Capabilities, Climate Control, Gated Access & Security, Owners' Clubhouse/Lounge, Social Programming, Concierge Services
- Construction
- Metal
- Finish level
- Luxury
- Projected delivery
- 2027
- Flood zone
- X
Location Summary
Santa Rosa Beach / Destin; Santa Rosa Beach Overview
Garage 30A occupies 5283 Highway 98 East in the Point Washington section of Santa Rosa Beach, roughly two miles north of Scenic Highway 30A and the Seagrove and WaterColor beach villages. It is the affluent gateway between Grayton Beach to the west and the Inlet Beach and Watersound nodes to the east, fronting the only continuous east to west arterial serving South Walton. That frontage matters: Point Washington State Forest, at more than 15,000 acres, occupies most of the land between US-98 and CR-30A east of Santa Rosa Beach and permanently caps how much dry, highway-served land can ever exist inside the 30A trade area.
The macro frame carries over from the platform's regional and corridor work. The Crestview to Fort Walton Beach to Destin metro reached 315,098 residents in the July 2025 Census estimates, up 9.8 percent since 2020 and roughly triple the national pace, and Florida's absence of a state income tax continues to concentrate discretionary capital on this coast, with IRS data showing a net adjusted gross income gain of about $20.6 billion in the latest filing year. At the corridor level, the Destin and Santa Rosa Beach submarket carries the highest trade-area home values SCK tracks anywhere in the Panhandle, and its buyer base is defined by second-home and estate wealth rather than by payroll employment.
The immediate trade area is small, seasonal and very wealthy. Walton County per capita personal income reached $94,582 in 2024, the county issued 2,883 building permits that year, and state economists project growth from 75,305 residents in 2020 to 134,152 by 2050. US-98 fronts the property, CR-395 and CR-283 reach 30A within minutes, US-331 runs north to I-10 in roughly 35 minutes, and Northwest Florida Beaches International Airport sits about 30 minutes east while Destin to Fort Walton Beach Airport is about 50 minutes west.
Current Events & Infrastructure
- Walton County June 2026 approvals on the US-98 corridor: On June 30, 2026 the Board of County Commissioners approved a 104-room Holiday Inn Express on 2.57 acres fronting the north side of US-98, plus The Preserves at Santa Rosa Beach, 39 single-family lots on 20.06 acres along North Church Street roughly two miles west of the site, and directed staff to return with options for burying utilities along CR-30A. Continued entitlement around the property confirms US-98 as the growth spine of South Walton.
- Middle Bay Road connector: Walton County is delivering a $6 million two-lane connector with multi-use paths from East Hewitt Road to Goldsby Road in Santa Rosa Beach, funded by a county incentive grant and intended to move local trips off US-98. The work protects drive-time access to this address as corridor volumes grow.
Key Demand Drivers
The demand case here is not office or industrial. It is a resident and second-home base that owns more vehicles, boats and trailers than the beach-village housing stock can garage. Half of the housing units within five miles are seasonal, the deed-restricted 30A villages limit on-site storage and street parking, and the nearest secure, climate-controlled, high-clearance space sits well inland. That gap is what this product monetizes.
- Point Washington State Forest: More than 15,000 acres and over 30 miles of trails, established in 1992, spanning between US-98 and CR-30A and framing the site's surroundings as a permanent constraint on competing land supply inside the corridor.
- Watersound Club at Camp Creek: The membership campus roughly four miles east delivered a 12,000 square foot wellness center with a 19-meter lap pool, a resort pool with lazy river, eight lighted tennis courts, eight pickleball courts, multiple dining venues and the Camp Creek Inn, anchoring a dues-paying affluent base within a ten minute drive.
- Timpoochee Trail and the 30A beach villages: The 19-mile paved trail links 12 beach neighborhoods, state parks, the state forest and 15 coastal dune lakes, running roughly two miles south of the property, and is the spine of the second-home belt this project serves.
- Emerald Coast Cruizin': The Panhandle's largest automotive festival runs twice a year, March 12 to 14 and November 12 to 14 in 2026, drawing thousands of hot rods, muscle cars and exotics to the 17-acre Aaron Bessant Park about 35 minutes east, and has run continuously since 2005.
- Walton County beach driving permits: Active permits rose from 446 in 2023 to 854 as of June 2026, a 91 percent increase the commission is now studying, and a direct read on how fast the local specialty-vehicle population is growing.
Location Highlights
- MSA Position: Crestview to Fort Walton Beach to Destin at 315,098 residents, up 9.8 percent since 2020, with Walton County growing 36.8 percent from 2010 to 2020.
- Enthusiast and Collector Culture: Emerald Coast Cruizin' twice annually about 35 minutes east, plus Destin Harbor's charter fleet, the largest in the country, adding a deep boat and trailer owner pool within a 30 minute drive.
- Infrastructure and Recreation: The 19-mile Timpoochee Trail two miles south, the 15,000-plus-acre Point Washington State Forest adjacent, and 15 coastal dune lakes inside the trade area.
- Market-Specific Factor: A projected 134,152 county residents by 2050 means the corridor's owner base is still forming, not fully built out.
- Tax and Quality of Life: No state income tax, per capita personal income of $94,582 in 2024, leisure and hospitality at 24.7 percent of employment, and 3.0 percent unemployment.
- High Net Worth Concentration: 357 households earn $200,000 or more within three miles, 1,380 within five miles and 2,430 within seven miles, against a five-mile resident population of only 12,007, one of the highest wealth-per-resident ratios in the SCK portfolio.
Area Demographics (ACS 2024)
5-Mile Profile: Population 12,007 | Median HH Income $115,531 | HH Earning $150K+ 37.0% | Median Age 48.2 | Age 55+ 39.2% | Seasonal Units 50.0% | Households with 3+ Vehicles 21.1% | YoY Population Growth Not available
Wealth Index: 5.3 / 10 (SCK portfolio-relative)