Santa Rosa Beach, FL 32459
Property Inquiry
Contact The Dixon Team about this property!

Property Details
Discover the epitome of beachfront living in Watercolor. Embrace the essence of family retreat with pristine dunes, expansive sandy beaches, and inviting communal spaces. Having produced over $167,000 in rental income last year, Unit 5 is a premier investment property in one of 30A's finest communities. Capturing sweeping Gulf views across a 33ft beachfront balcony, this coastal escape displays the best that Watercolor has to offer. Enjoying unmatched amenities and a prime location, this rare four bedroom unit has over 2,800 SF & a two level floor plan that lives like a home. Nestled in an exclusive gulf-front development, Unit 5 enjoys a private community pool as well as a private parking garage. This outstanding unit is just a short stroll from the private beach access, Watercolor Beach Club, Camp Watercolor, Seaside and all the amazing dining & shopping options nearby. The second level showcases striking Gulf views from the oversized beachfront balcony. The first level also has a huge covered deck offering direct access out to the pool & beach. The development has an elevator from the parking garage. The unit comes with a dedicated parking space in the garage and an outside space as well. This gorgeous beachfront residence will be sold fully-furnished making for a seamless purchase. This wonderful escape can host up to 10 guests and has proven success as a vacation rental with official rental projections at $162,350 per year. Rental income history, rental income projections & estimated expenses are available by request. Reach out to set up a virtual tour or in-person showing. Also inquire to receive more details on an assumable loan from the seller for $1,750,000 at 3.99% interest. Schedule a tour today!
UNIT # | Unit 5 |
COUNTY | Walton |
SUBDIVISION | WATERCOLOR |
PARCEL ID | 15-3S-19-25409-000-0050 |
TYPE | Condominium |
STYLE | N/A |
ACREAGE | 0 |
LOT ACCESS | N/A |
LOT SIZE | N/A |
HOA INCLUDE | Accounting,Insurance,Internet Service,Sewer,Trash |
HOA FEE | 9272.16 (Quarterly) |
UTILITIES | Electric,Gas - Natural,Public Sewer,Public Water |
PROJECT FACILITIES | BBQ Pit/Grill,Beach,Deed Access,Dock,Elevators,Pool,Short Term Rental - Allowed,Waterfront |
ZONING | N/A |
PARKING FEATURES | Garage |
APPLIANCES | Cooktop,Dishwasher,Dryer,Microwave,Oven Self Cleaning,Refrigerator,Stove/Oven Gas,Washer |
ENERGY | AC - Central Elect |
INTERIOR | Furnished - All,Renovated |
EXTERIOR | Balcony |
ROOM DIMENSIONS | Kitchen : 13 x 16 Balcony : 33 x 8 Balcony : 33 x 8 Master Bedroom : 15 x 20 Master Bathroom : 9 x 15 Bonus Room : 12 x 9 |
Schools
Location & Map
Watercolor Beachside is on the south side of 30A.