Property Details

Listing # 991482 Details

$4,295,000
17 Penny Lane
Santa Rosa Beach, FL 32459

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6,413 Sq Ft.
Built 2022
10 Bed
11 Bath

Property Details

TURNKEY GULF-VIEW INVESTMENT | SLEEPS 28 |$387K+ ANNUAL RENTAL INCOME | NO HOALocated just steps from Ed Walline Beach Access, this 10-bedroom, 11-bath luxury Gulf-view home is a rare opportunity to acquire a high-performing short-term rental on the West End of Scenic Highway 30A. With $387,936 in documented 2024 rental income, this property delivers immediate cash flow and proven ROI in one of 30A's strongest rental corridors.Designed for large-group accommodations, the home features a living area on every floor, allowing guests to spread out while maintaining comfort and privacy. Multiple primary suites offer private balconies with Gulf views, creating premium booking appeal and maximizing nightly rental rates. An elevator services all levels, and laundry rooms on every floor add convenience for high-occupancy stays and extended bookings.

The property includes expansive open-concept gathering spaces, multiple Gulf-view balconies, a private pool and spa, and seamless indoor-outdoor living. The layout is optimized for retreats, multi-family vacations, and group travel--driving consistent demand and repeat bookings.

Situated in one of 30A's most desirable communities, guests enjoy immediate access to beaches, restaurants, shopping, coffee shops, and entertainment. The combination of beach proximity, Gulf views, and high sleeping capacity makes this home a standout among luxury vacation rentals.

Offered fully furnished and turnkey, this property allows investors to step directly into income production. Priced at one of the lowest price-per-square-foot opportunities on the West End of 30A, this is a rare chance to own a premier Gulf-view investment property with scale, efficiency, and proven performance.

A top-tier 30A short-term rental with luxury amenities, operational efficiency, and exceptional income history.

COUNTY Walton
SUBDIVISION Penny Lane
PARCEL ID 02-3S-20-34160-000-0251
TYPE Detached Single Family
STYLE Beach House
ACREAGE 0
LOT ACCESS County Road,Paved Road
LOT SIZE 77x100
HOA INCLUDE N/A
HOA FEE N/A
UTILITIES Electric,Gas - Natural,Phone,Public Sewer,Public Water,TV Cable
PROJECT FACILITIES N/A
ZONING County,Resid Single Family
PARKING FEATURES Garage,Garage Attached,Golf Cart Covered
APPLIANCES Auto Garage Door Opn,Cooktop,Dishwasher,Disposal,Dryer,Freezer,Ice Machine,Microwave,Oven Double,Range Hood,Refrigerator,Refrigerator W/IceMk,Smoke Detector,Stove/Oven Gas,Wine Refrigerator
ENERGY AC - 2 or More,AC - Central Elect,Ceiling Fans,Heat Cntrl Electric,Water Heater - Gas,Water Heater - Tnkls
INTERIOR Breakfast Bar,Ceiling Crwn Molding,Ceiling Raised,Elevator,Fireplace,Fireplace 2+,Fireplace Gas,Floor Hardwood,Floor Tile,Hallway Bunk Beds,Kitchen Island,Lighting Recessed,Newly Painted,Owner's Closet,Pantry,Shelving,Washer/Dryer Hookup,Wet Bar,Window Treatment All,Woodwork Painted
EXTERIOR Balcony,BBQ Pit/Grill,Fenced Back Yard,Fenced Privacy,Fireplace,Hot Tub,Patio Covered,Patio Open,Pool - Gunite Concrt,Pool - Heated,Pool - In-Ground,Porch,Shower,Sprinkler System,Summer Kitchen
ROOM DIMENSIONS Bedroom : 13 x 15.4
Full Bathroom : 6.4 x 8.7
Play Room : 31.1 x 19.11
Bedroom : 14 x 14.8
Full Bathroom : 7.1 x 9
Laundry : 13.7 x 14
Full Bathroom : 8 x 8.11
Bunk Room : 18.3 x 11.3
Bedroom : 14 x 18
Full Bathroom : 7.5 x 20
Living Room : 25 x 20
Kitchen : 18.5 x 18.8
Bedroom : 14.8 x 14.8
Full Bathroom : 7.7 x 18
Balcony : 14 x 6
Bedroom : 14 x 18.9
Full Bathroom : 12 x 7
Balcony : 15 x 6.5
Living Room : 23.4 x 12

Schools

Elementry, Van R Butler
Middle, Emerald Coast
High, South Walton

Location & Map

Turn South on Highway 393 and head South. Turn left on Penny Lane. Just North of Shunk Gully Restaurant.