485 Old Beach RD, Santa Rosa Beach, FL 32459
485 Old Beach RD, Santa Rosa Beach, FL 32459
485 Old Beach RD, Santa Rosa Beach, FL 32459
485 Old Beach RD, Santa Rosa Beach, FL 32459
485 Old Beach RD, Santa Rosa Beach, FL 32459
485 Old Beach RD, Santa Rosa Beach, FL 32459
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$ 5,500,000
Est. payment | /mo

5 Beds

4 Baths

2,351 SqFt


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$ 5,500,000
Est. payment | /mo
Save

5 Beds

4 Baths

2,351 SqFt

Key Details

Property Type Single Family Home

Sub Type Detached Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,351 sqft

Price per Sqft $2,339

Subdivision Old Florida Beach

MLS Listing ID 1012886

Style Beach House

Bedrooms 5

Full Baths 4

HOA Fees $2,600/ann

HOA Y/N Yes

Year Built 1996

Annual Tax Amount $35,913

Tax Year 2025

Lot Size 0.560 Acres

Acres 0.56

Lot Dimensions 65' by 100'

Property Sub-Type Detached Single Family

Source Emerald Coast Association of REALTORS®

Land Area 2351

Property Description

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.

Location

State FL

County Walton

Community Short Term Rental - Allowed, Beach, Dock, Gated Community, Pets Allowed, Picnic Area, Pool

Area 17 - 30A West

Zoning Resid Single Family

Direction Heading east on County Hwy 30A, TURN RIGHT past onto Gulfview Heights Street, Heading SOUTH 2 Blocks turn LEFT on Old Beach Road into Old Florida Beach neighborhood, thru gate (call for gate code) turn right at stop sign to 485 Old Beach Road (second gulf front home on right).

Rooms

Primary Bedroom Level Upper

Master Bedroom true

Kitchen true

Interior

Furnishings Furnished - All

Window Features Window Treatment All

Appliance Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove/Oven Electric, Washer

Exterior

Exterior Feature Balcony, Shower, Open Patio, Open Deck, Covered Deck, Outdoor Shower, Balcony

Pool Pool Type

Community Features Short Term Rental - Allowed, Beach, Dock, Gated Community, Pets Allowed, Picnic Area, Pool

Utilities Available Community Water, Electric, Gas - Natural, Public Water, TV Cable

Waterfront Description Gulf

View Gulf

Roof Type Metal

Porch Deck Covered, Deck Open, Patio Open

Road Frontage Private Road

Garage No

Building

Lot Description Covenants, Within 1/2 Mile to Water

Faces Heading east on County Hwy 30A, TURN RIGHT past onto Gulfview Heights Street, Heading SOUTH 2 Blocks turn LEFT on Old Beach Road into Old Florida Beach neighborhood, thru gate (call for gate code) turn right at stop sign to 485 Old Beach Road (second gulf front home on right).

Story 2

Sewer Community 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

HOA Fee Include Accounting, Ground Keeping, Management

Tax ID 11-3S-20-34020-000-0060

 Emerald Coast MLS - IDX
Listed by Snelling Team Scenic Sotheby's International Realty

Nearby Locations

GET MORE INFORMATION

Bryan Whitehead
Bryan Whitehead

Broker Associate BK3337792

+1(205) 937-7784 | rbw30a@gmail.com

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485 Old Beach RD