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Incredible Investment Opportunity! This 100' waterfront property on Mack Bayou features 5 fully renovated, income-producing units across 3 buildings—a large triplex and two charming cottages. Enjoy a private dock, multiple lush green space's, and a resort-style pool and patio added in 2022. New metal roof in 2022. Each unit is turnkey with coastal finishes, including soft-close cabinetry, quartz countertops, and stainless steel appliances. Ideal for short- or long-term rentals, this rare property blends charm, location, and strong rental potential in one of Santa Rosa Beach's most desirable areas. 
Located a short 11 min drive to the Gulf of America and 3 minutes to Grand Blvd/Publix/Scared Heart Hospital.

Property is on short term rental program, call to schedule showing appointment.
#978164

Santa Rosa Beach

1120 Mack Bayou Road

11 Beds

8 Baths

4,515 Sq.Ft.

$1,900,000

MLS#: 978164

Opportunity abounds with this gorgeous five-bedroom home completed in 2019, prominently located in the highly desirable gated community of Palmeira Villas in the heart of Seagrove Beach adjacent to exemplary beach access and in close proximity to all of the world class restaurants and boutique shopping that 30A has to offer. This beautiful mediterranean villa has never been rented and presides over a gorgeous gulf view corridor and is characterized by an impressive three story vertical footprint providing beautiful coastal decor and professional furnishings throughout this five bedroom retreat. Notable features include an open floor plan complete with 12' ceilings on the first level as well as ample space in the front parking court and a recently added splash pool and comfortable outdoor patio area. The thoughtfully designed layout optimizes living space designed with a chef's kitchen and living room on the first level complete with stainless appliances, quartz countertops and custom cabinetry as well as a built in wet bar and beverage station adjacent to the oversized living room. The second level features 3 bedroom suites primely situated for ideal privacy and enjoying well appointed ensuite bathrooms. The master suite is a true retreat located on the third level and offering beautiful gulf views as well as an ensuite master bathroom complete with soaking tub, walk in shower & dual vanities. The third floor also offers an additional guest suite with ensuite bathroom as well as rare gulf views from the south facing elevation. Palmeira Villas is one of the few truly gated enclaves along scenic highway 30A and is centrally located within a short bike ride to Seaside and Watercolor with easy access to Highway 98 and walking distance to a few local restaurant favorites including Angelina's and Cafe 30A. This property was designed for flexible use and would make an ideal short term rental income producer or second home.
#887976

Santa Rosa Beach

106 Palmeira Way

5 Beds

5 Baths

2,892 Sq.Ft.

$1,900,000

MLS#: 887976

Highly desirable locale south side of 30-A, offering 130' of frontage with immense customer/client exposure and high traffic count.  This building is located adjacent to the highly popular scenic Bike Path in Seagrove Beach Florida. The building is presently being utilized as a real estate office, offering 1600 sq-ft. of interior space. Currently the building layout features a reception area, conference room, private office, a spacious, open-concept work area with nine custom built workstations plus a dedicated administrative desk with workstation area, an efficiency kitchen, and  2 supply rooms.   The property's exterior features include a lighted display case, immaculately maintained landscape areas with beautiful oak trees, fruit trees, two raised-bed gardens and seven parking spaces.  This offering is for the property only, not the business. Seller is Licensed Florida Real Estate Broker. ***Buyer is responsible for personally verifying details about this property. Any information contained in this listing is believed to be accurate but is not guaranteed. ***
#889328

Santa Rosa Beach

4130 E County Hwy 30A

None Beds

None Baths

N/A

$1,900,000

MLS#: 889328

None
#797588

Santa Rosa Beach

159 Defuniak Street

5 Beds

4 Baths

3,721 Sq.Ft.

$1,900,000

MLS#: 797588

ENTERED FOR COMP PURPOSES.
#959800

Santa Rosa Beach

357 N Andalusia Avenue

3 Beds

5 Baths

2,650 Sq.Ft.

$1,900,000

MLS#: 959800

Entered for comp purposes
#861071

Santa Rosa Beach

72 Royal Fern Way

4 Beds

5 Baths

3,250 Sq.Ft.

$1,900,000

MLS#: 861071

None
#801755

Inlet Beach

100 S Bridge Lane UNIT 316C

3 Beds

3 Baths

2,164 Sq.Ft.

$1,900,000

MLS#: 801755

BUILD YOUR DREAM BEACH HOME with FOREVER GULF VIEWS on this lot off the beaten path in Inlet Beach. 000 Emerald Cove, is located one tier back from the Gulf, offering expansive views of its emerald waters and gorgeous beaches. There is a unique opportunity to purchase this lot along with the home next door which offers great rental potential. With no HOA fees or community dues, this area allows the flexibility for you all to take your time with building, to ensure you create the home of your dreams.
This lot is conveniently located near the new 30Avenue shopping center, as well as the nearby to local communities such as Rosemary Beach where you can enjoy entertainment and activities perfect for family and friends. The Pier Park shopping center is less than 10 miles east of this area, and includes shops, dining, a movie theater, and more! 

Buyer is responsible for personally verifying details about this property. Any information contained in this listing is believed to be accurate but is not guarantee
#798537

Inlet Beach

000 Emerald Cove Lane Lane

None Beds

None Baths

0.14 acres

$1,900,000

MLS#: 798537

A unique homesite at Kaiya Beach Resort, Lot 34 offers a luxury sized lot for a custom designed Kaiya Villa. Situated on Kaiya Avenue, this homesite is right in the heart of the resort with close proximity to parks and green spaces as well as the Beach House, now under construction just south of Highway 30A.
#868348

Inlet Beach

TBD Kaiya Avenue Lot 34

None Beds

None Baths

0.19 acres

$1,900,000

MLS#: 868348

Fabulous Gulf view home, directly across the street from the beach with unobstructed views! ICF poured concrete construction with tons of upgrades and custom features including ruffled travertine floors, raised ceilings, trayed ceilings, crown molding, venetian plaster walls, stone showers, vessel sinks, granite counters, professional grade stainless appliances, elevator and more. First level has family room, complete with pool table, wet bar and fireplace, one bedroom, a bunk room, and access to the covered patio, summer kitchen and large, sparkling pool and spa. On the second level is an open leisure room/gourmet kitchen/dining area which opens to a large balcony, one master suite and a powder room. The third level has the grand master suite, two additional bedrooms and two baths. Finely appointed throughout, tastefully furnished and beautifully decorated. Very impressive rental income!
#723586

Miramar Beach

906 SCENIC GULF Drive

5 Beds

5 Baths

5,272 Sq.Ft.

$1,900,000

MLS#: 723586

Comp Purposes
#888124

Santa Rosa Beach

4923 E County Hwy 30A A

None Beds

None Baths

N/A

$1,900,000

MLS#: 888124

Nestled along the shores of Eastern Lake, one of South Walton's rare coastal dune lakes, 120 Shannon Drive is a waterfront retreat offering stunning sunset views and expansive lakefront scenery. Located on a quiet cul-de-sac in Seagrove Beach along Scenic Highway 30A, this home provides direct water access with a private dock and boat lift, allowing for kayaking, paddle boarding, and boating straight to the beach, where you can pull your boat onto the sandy shore and carry your chairs and beach gear for a day of relaxation. Designed for comfortable and inviting waterfront living, this four-bedroom, two-bathroom home features an efficient open layout with large windows that maximize natural light and lake views. The kitchen is well-appointed, offering high-end appliances, quartz countertops, and custom cabinetry, all flowing into the living and dining areas for an easygoing, functional space. The primary suite provides a peaceful lakeside retreat with expansive water views and an en-suite bath featuring a jetted tub, walk-in shower, and dual vanities.

Outdoor living is a highlight, with a spacious back deck that seamlessly connects to the newly built, oversized dock, perfect for enjoying lakefront sunsets and entertaining. The sandy backyard blends naturally with the lakefront setting, and the fenced yard offers convenience for pets.

Offering low-maintenance coastal living, 120 Shannon Drive is a rare opportunity to own a true lakefront retreat with direct Gulf access.
#974942

Santa Rosa Beach

120 Shannon Drive

4 Beds

2 Baths

1,714 Sq.Ft.

$1,900,000

MLS#: 974942

Income Producing Corner lot.  This is 3 parcels in total being sold together for a total of 1.68 acres.  Multiple Business spaces and 3 homes are included.  Call Listing Agent Justin Myers @ 850-685-6481 for more information.
#868859

Fort Walton Beach

186 Eglin Parkway

None Beds

None Baths

N/A

$1,900,000

MLS#: 868859

Rental or Residence!  No association!  Now includes lots 8 and 9 so you can build on the vacant lot!!! Rest easy being the owner of this concrete and metal-stud home with a 40-kilowatt Generac whole-house automatic gas back-up generator! This turnkey, 4-bedroom, 3-bath, fully furnished property can be your rental machine or your residence. Located roughly 300 steps from dune walkover in Seabreeze East just off Highway 30A, there are no rental restrictions! Custom built with tons of features this elegant home features a spacious climatized 3-4 car garage (roughly 1600 square feet in the garage in addition to the 3600 square foot living area) with plenty of room for three cars plus a separate entrance for your golf cart, ten-foot high garage doors, immense driveway, heated pool and hot tub. There are so many extras in this property that you must see it in person to understand the extent to which the owner went to in making a comfortable, strong and safe home!  First off, it is actually two lots!  The water tap has been paid on the buildable vacant lot.  Seabreeze East withdrew from the homeowners association in 2009 therefore there are no yearly or monthly dues payable to the neighboring associations on other streets in this subdivision.  There are also, in contrast to the neighboring streets, no rental restrictions as a result of not being in a homeowners association.  This ICF (insulated rebar-reinforced concrete walls approximately 8 inches thick plus three inches of drywall) home, sold completely furnished just as you see it, was built to 2004 hurricane construction standards with hurricane windows, Hardy plank, and cement fiberboard.  The concrete walls are coated with a cosmetic stucco surface.  With ten- and twelve-foot ceilings throughout the home, the great room combines a formal sitting area, kitchen, informal dining area, and den. The spacious, custom kitchen features a gas range, kitchen island, and convection microwave. The kitchen and all bathrooms contain custom kitchen cabinetry.  A natural gas on-demand hot water heater provides hot water throughout the property and includes a separate instant hot water pump so you don't have to wait for hot water at the spigots! Adjacent to the kitchen is the large walk-in pantry and formal dining area. The master bedroom features a beautiful tray ceiling and access to the pool/hot tub patio. The master bath boasts a separate tub and shower as well as his and her walk-in closets. The remaining bedrooms are adjacent to the den as well as the full, separate laundry with cabinets and a utility sink.  In addition to the four bedrooms, there is a bonus room, located adjacent to the entry foyer, which you can use as an additional bedroom, office or library.  The security system including a pool alert alarm is in place and ready for your choice of security provider.  The spacious pool and adjacent hot tub are covered by a lanai, rescreened in 2018.  The pool has an automatic vacuum and gas heater. But the pièce de résistance is the three-car garage plus a fourth 10' high garage door for your golf cart, motorcycle, smart car, scooter, etc.  Outside there is ample driveway with at least six parking spaces.  The lots are fully-enclosed and have an automatic sprinkler system. The roof, advertised as a 50-year rubber roof (extra shingles in attic) is foam-insulated throughout the attic.  Save big time on your power bills!  The attic contains tons of extra storage space accessible by the interior pull-down stairs (see photos). Don't miss this great opportunity to own a truly unique home and property.  Make an appointment with your agent today to see it!
#839829

Inlet Beach

74 Seabreeze Boulevard

4 Beds

3 Baths

3,376 Sq.Ft.

$1,900,000

MLS#: 839829

This location is one of the most sought after in the Highly desirable Delos Development. With 3 levels of breathtaking views. Located on the Gulf of Mexico. Boasts 10' ceilings with crown molding and private beach access. The first floor has a summer bunk room as well as a large suite that boasts an outdoor inset hot tub overlooking the Gulf. And sunset views that some could only dream of
Also has a rare low maintenance all concrete construction with a rental cash machine of 158k at 50% owner occupied. New air conditioners and recently updated. Sleeps up to 14. Unit is 19' above sea level
#859430

Miramar Beach

1767 Scenic Gulf Drive 1767

5 Beds

4 Baths

2,289 Sq.Ft.

$1,900,000

MLS#: 859430

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* Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request. © 2024. First Multiple Listing Service, Inc.
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