21 Penny Lane
Santa Rosa Beach, FL, 32459
$4,950,000
$826 per ft²
$4,950,000
$826 per ft²
Active
Active
- For Sale10 Beds
11 Baths
5,992 ft²
Residential
Built 2022
PRICE REDUCED, BRING AN OFFER
This incredible Investment Short Term Rental Compound has projected RENTAL PROJECTIONS OF $520K with over $428K so far in Rental Bookings in 2023!!!!
The home is located in the heart of Gulf Place, where 30A begins and just steps from the famous sugar-white sand and turquoise waters of the Emerald Coast has everything you could ask for in a vacation home, and more. This bright, luxurious, modern, coastal beach home has just what you need to complete your beach vacation. This 'COMPLETELY FURNISHED' home can comfortably sleep 24 with eight king master suites, a bunk room that sleeps four on 2 floors , a full-sized laundry on every floor and a state-of-the-art modern kitchen with six burner gas stove and double refrigerator and freeze There is an additional kitchenette on the third floor, multiple balconies, views of the Gulf and an elevator to maneuver from floor to floor. If that wasn't enough, the outdoor entertainment space completes this home with a private pool and spa with custom lighting is just off the living room that includes an outdoor gas grill and fireplace. It's truly stunning!!!
MLS® ID:
901990
Listed:
6/23/22
Updated:
4/1/23
Compass
The Tanika O'Brien Group
Interior Features
Kitchen Appliances
Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Dryer, Freezer, Ice Machine, Microwave, Oven Double, Range Hood, Refrigerator W/Ice Mk, Smoke Detector, Stove/Oven Gas, Washer, Wine Refrigerator
Total Bedrooms
10
Full Bathrooms
9
Half Bathrooms
2
Interior Features
Breakfast Bar, Ceiling Crwn Molding, Ceiling Raised, Elevator, Fireplace, Fireplace 2, Fireplace Gas, Floor Hardwood, Floor Tile, Furnished - All, Hallway Bunk Beds, Kitchen Island, Lighting Recessed, Newly Painted, Owner s Closet, Pantry, Pull Down Stairs, Shelving, Upgraded Media Wing, Washer/Dryer Hookup, Wet Bar, Window Treatmnt Some, Woodwork Painted
Cooling
Ceiling Fan(s)
Exterior/Building Features
Lot Size
10,890 ft² lot
Exterior Features
Balcony, BBQ Pit/Grill, Fenced Back Yard, Fenced Privacy, Hot Tub, Lawn Pump, Patio Covered, Patio Open, Pool - Gunite Concrt, Pool - Heated, Pool - In-Ground, Porch, Shower, Sprinkler System, Summer Kitchen
Architectural Style
Beach House
Lot Details
Level, Survey Available, Within 1/2 Mile to Water
School Information
High School
South Walton
Middle/Jr High
Emerald Coast
Elementary School
Van R Butler
Other Property Details
Area Name
17 - 30A West
Garage
Yes
Garage Spaces
2
Parking
Garage, Golf Cart Enclosed
View
Y
County
Walton
Utilities
Electric, Gas - Natural, Phone, Public Sewer, Public Water, TV Cable
Pool
No
Total Stories
3
Zoning
County, Resid Single
Property History
Date
Event
Price
Value
7/13/22
Price Change
$6,250,000
-2%
7/20/22
Price Change
$5,995,000
-4%
8/22/22
Price Change
$5,695,000
-5%
10/8/22
Price Change
$5,499,999
-3%
10/18/22
Price Change
$5,250,000
-4%
11/9/22
Price Change
$5,150,000
-1%
11/26/22
Price Change
$4,950,000
-3%
12/8/22
Price Change
$4,750,000
-4%
2/2/23
Price Change
$4,699,000
-1%
3/12/23
Price Change
$5,100,000
108%
3/14/23
Price Change
$4,950,000
-2%
Courtesy of The Premier Property Group, Tony Manthey,
Listing Contact:
IDX information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor The Tanika O'Brien Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data last updated 8:25 PM UTC, 4/1/23
Compass
The Tanika O'Brien Group
