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$5,500,000

Perched atop a sugar-white dune in the private, gated enclave of Old Florida Beach, this rare gulf-front lot offers both immediate rental income and long-term development potential. The existing home, spanning only half of the buildable footprint, generates nearly $200,000 in annual rental revenue and comfortably accommodates up to 14 guests. Priced at lot value based on recent sales on the west end of Scenic Highway 30A, this is a compelling opportunity to hold, collect, and plan. The current residence offers classic coastal charm, featuring breezy porches, multiple balconies, and a walkway that leads directly to the shoreline. Inside, the open-concept main floor includes a large living area, dining space for six, and a generous kitchen with wraparound butcher block counters. Two guest rooms with twin queen beds share a hall bath on this level, while upstairs features two additional queen bedrooms with balcony access, a shared bath, and a spacious gulf-facing primary suite. The primary includes its own beachfront balcony, wet bar, and an ensuite with marble-tiled walk-in shower and granite-topped vanities. Beyond the home itself, Old Florida Beach is a coveted low-density community with private beach access, a neighborhood pool, and a dock on Draper Lake -- one of the area's rare coastal dune lakes. From this tranquil location, you're minutes from Gulf Place, Seaside, Florida, and the Village of Baytowne Wharf, with dining, shops, and entertainment close by. Bring a buyer, builder, or investor ready to envision a future gulf-front masterpiece, while letting the current home pay its way in the meantime.

5 Beds ⋅ 4 Baths ⋅ 1012886 MLS

485 Old Beach Rd, Santa Rosa Beach

$2,790,000

100 yards from the sand with private neighborhood beach access, this home delivers the coveted south-of-30A lifestyle. Gulf views and breathtaking sunsets - Magazine Worthy - from this fully furnished coastal retreat seem like a dream. Its time to make it your Reality. Multiple covered balconies on the second and third floors frame amazing water views. The second-floor living and dining spaces are tiered toward the Gulf, creating a backdrop of blue from nearly every angle. The kitchen is equipped with custom cabinets, Cambria quartz counters, gas cooktop, and oven for the perfect dining experience. A breakfast bar flows into the dining area, while the living room offers a fireplace, Cambria-topped wet bar, and French doors opening to the balcony. The third-floor master suite spans the entire level, featuring hardwood floors, a private fireplace, walk-in closet, spa-style bath with jetted tub and glass shower, and a balcony overlooking the Gulf. A added bunk room with full bath enhances guest accommodations, while two additional bedrooms occupy the first floor with access to a shaded backyardoffering space to add a private pool. Additional highlights include a beachy exterior, lush landscaping, two-car garage, and a metal roof replaced just 3 years ago. Owning a home on 30A has never been more attainablethis property is already producing rental income, allowing buyers to walk into a money-making opportunity from day one. Old Florida Beach also offers a heated community pool, multiple beach access points, and a prime location close to shopping, dining, and entertainment at Gulf Place. has heated community pool, Draper lake dock, and 3 private beach accesses. Full-time residents or as a vacation rental it is the best opportunity on the beach.

4 Beds ⋅ 4 Baths ⋅ 986098 MLS

505 Old Beach Rd, Santa Rosa Beach

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