17 Penny LN Santa Rosa Beach, FL 32459

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Key Details
Property Type Single Family Home
Sub Type Detached Single Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,413 sqft
Price per Sqft $622
Subdivision Penny Lane
MLS Listing ID 992482
Style Beach House
Bedrooms 10
Full Baths 9
Half Baths 2
Year Built 2022
Annual Tax Amount $27,854
Tax Year 2025
Lot Size 0.340 Acres
Acres 0.34
Lot Dimensions 77x100
Property Sub-Type Detached Single Family
Source Emerald Coast Association of REALTORS®
Land Area 6413
Property Description
Say goodbye to HOA restrictions and embrace the freedom of owning this incredible investment property, which has an impressive rental history. The current rental management company is projecting nearly $400,000 in rental income this year, providing you with a fantastic return on your investment.
As you explore this home, you'll appreciate the exquisite, custom details and beautiful woodwork that elevate its elegance. Each floor features generous living spaces, allowing everyone to enjoy their privacy while still coming together for fun-filled gatherings. Step outside to your private pool and soak in the sun, or relax on one of the balconies that offer breathtaking views of the Gulf. Watching the sunrise and sunset from the comfort of your own home will become a cherished part of your daily routine.
Just a short 3-minute walk away, you'll find the famous Shunk Gulley and the pristine beaches along Scenic Highway 30A. The nearby Ed Walline regional beach access is an ADA-accessible treasure, complete with restrooms, picnic shelters, and a unique two-story viewing platform that allows you to fully appreciate the stunning Gulf vistas.
This home isn't just a property; it's an investment in your family's happiness and a lucrative rental opportunity, where countless memories will be made and cherished for years to come. Don't miss this chance to claim your slice of paradise!
Location
State FL
County Walton
Area 17 - 30A West
Zoning Resid Single Family
Direction Turn South on Highway 393 and head South. Turn left on Penny Lane. Just North of Shunk Gully Restaurant
Rooms
Family Room true
Interior
Interior Features Breakfast Bar, Ceiling Crwn Molding, Ceiling Raised, Elevator, Fireplace 2+, Hallway Bunk Beds, Kitchen Island, Lighting Recessed, Pantry, Shelving, Washer/Dryer Hookup, Woodwork Painted
Cooling Ceiling Fans, Central Air
Flooring Floor Tile
Fireplaces Type Fireplace Gas
Fireplace Yes
Window Features Window Treatment All
Appliance Auto Garage Door Opn, Dishwasher, Disposal, Dryer, Freezer, Ice Machine, Microwave, Range Hood, Refrigerator, Security System, Stove/Oven Gas, Wine Refrigerator, Water Heater - Gas, Water Heater - Tnkls
Exterior
Garage Spaces 2.0
Pool Pool Type
Utilities Available Gas - Natural, Public Water
Roof Type Tile / Slate
Garage Yes
Building
Faces Turn South on Highway 393 and head South. Turn left on Penny Lane. Just North of Shunk Gully Restaurant
Story 3
Foundation Slab
Sewer Public Sewer
Architectural Style Beach House
New Construction No
Schools
Elementary Schools Van R Butler
Middle Schools Emerald Coast
High Schools South Walton
Others
Pets Allowed No
Tax ID 02-3S-20-34160-000-0251
Miscellaneous Welcome to your dream getaway! This stunning property boasts 10 spacious bedrooms and 11 bathrooms, making it the perfect retreat for large families or groups of friends looking to create unforgettable memories together. With the ability to comfortably sleep up to 28 people, your family reunions, friend getaways, or vacation rentals will be a breeze! Say goodbye to HOA restrictions and embrace the freedom of owning this incredible investment property, which has an impressive rental history. The current rental management company is projecting nearly $400,000 in rental income this year, providing you with a fantastic return on your investment. As you explore this home, you'll appreciate the exquisite, custom details and beautiful woodwork that elevate its elegance.
Special Listing Condition Accept Backup Offers

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