Santa Rosa Beach, FL 32459
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Property Details
Price Improvement! This highly versatile, income-producing property is now offered at a reduced price, making it a rare find just minutes from 30A. Zoned for both short-term and long-term rentals, this opportunity offers flexibility and value rarely found this close to the beach--without the 30A price tag.Set on a .28-acre lot and bordered by a 255-acre conservation buffer that will never be developed, the property includes two fully furnished, coastal-inspired cottages plus a 30-amp RV hookup with sewer connection. With ample parking, no HOA, and room to add a pool or garden, the potential here is exceptional.The Blue Cottage features 2 bedrooms, 1 bath, 868 square feet of heated and cooled living space, plus a 178-square-foot screened porch, totaling 1,046 square feet of usable space. Recent updates include a 2023 metal roof, new kitchen appliances, island, countertops, flooring, interior and exterior paint, water heater, washer/dryer, and a new laundry room door. The cottage also includes a screened-in porch with a flat-screen TV, grilling deck, and is plumbed for a future outdoor shower, pool, or spa. The last long-term lease grossed $2,100 per month, and it grossed $29,000 as a short-term rental in 2023.
On the opposite side of the property sits "Crab Island," a one-bedroom, one-bath studio cottage built in 2014. The studio offers 350 square feet of interior space plus a 236-square-foot screened porch with large sliding glass doors that create an open-air flow between indoor and outdoor living. The porch features a sink, mini fridge, storage, and ceiling fans, making it ideal for entertaining. Additional features include a wraparound deck, outdoor shower, fenced backyard, and storage area. The studio grossed $19,000 as a short-term rental in 2023, and its last long-term lease brought in $1,650 per month.
Located just minutes from the white-sand beaches of South Walton, parks, Grand Boulevard, Miramar & Destin this property is ideal for investors, multi-generational living, or those seeking a personal retreat with strong rental income potential.
| COUNTY | Walton |
| SUBDIVISION | NONESUCH WAY |
| PARCEL ID | 30-2S-20-33308-000-0250 |
| TYPE | Detached Single Family |
| STYLE | Cabin |
| ACREAGE | 0 |
| LOT ACCESS | Gravel/Oyster Shell |
| LOT SIZE | 141.75 x 86.07 x 139.39 x 89.92 |
| HOA INCLUDE | N/A |
| HOA FEE | N/A |
| UTILITIES | Electric,Public Water |
| PROJECT FACILITIES | Short Term Rental - Allowed |
| ZONING | Resid Single Family |
| PARKING FEATURES | N/A |
| APPLIANCES | N/A |
| ENERGY | AC - Central Elect,AC - Window/Wall,Heat - Wall/Window,Heat Cntrl Electric,Water Heater - Elect |
| INTERIOR | N/A |
| EXTERIOR | Fenced Lot-Part,Fenced Privacy,Guest Quarters,Porch Screened |
| ROOM DIMENSIONS | Master Bedroom : 13.3 x 10.1 Bedroom : 9.8 x 11.3 Bedroom : 9.9 x 9.7 Living Room : 15.4 x 15.4 Screened Porch : 11.7 x 15.9 Separate Apartment : 12.5 x 10.7 Separate Apartment : 8 x 4.8 Separate Apartment : 8.4 x 8.1 Separate Apartment : 10.1 x 6.2 Separate Apartment : 23.3 x 10.9 |
Schools
Location & Map
Take HWY 98 to East Hewitt Rd., and then take a left on Long Leaf Circle. Property is second home on the right. Sale includes BOTH Cottages.