Sand that can't be built on is the dollar value worth what we're talking about.Really? Value government pays is fair market value. Given 900 parcels, or about 21 miles (110,880 feet) have legal title to the MHWL. Beachfront market value is what? Walton paid $7,427,000 for 186 feet of beachfront in 1996 - about $40,000 per linear foot.... times 110,800 feet.