17 Penny Lane, Santa Rosa Beach, FL 32459

New Listing
$4,295,000
Property Type: Residential Bedrooms: 10 Baths: 11 Square Footage: 6,413 Lot Size (sq. ft.): 14,810 Status: Active
Current Price: $4,295,000 List Date: 12/18/2025 Last Modified: 12/18/2025

Description

TURNKEY GULF-VIEW INVESTMENT | SLEEPS 28 |$387K+ ANNUAL RENTAL INCOME | NO HOA Located 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.

Supplements: 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.

More Information MLS# 991482

Status Change Info

Status: Active

Contract Info

List Date: 2025-12-18 Current Price: $4,295,000 List Price: $4,295,000 List Price/SqFt: 669.73 Listing Board: Emerald Coast

Location Tax and Legal

Area: 17 - 30A West Street #: 17 Street Name: Penny Street Suffix: Lane State: FL Zip Code: 32459 County: Walton Project Name/Subdivision: Penny Lane Parcel ID: 02-3S-20-34160-000-0251

General Property Info

Sub-Type: Detached Single Family Design: Beach House Apx SqFt(Htd/Cooled): 6413 SqFt Source: County PA Records Bedrooms: 10 Full Baths: 9 Half Baths: 2 Total Bathrooms: 11 # Stories: 3 Year Built: 2022 Immediate Occupancy: No Garage: Yes Carport: No Garage Spaces: 2 Driveway Spaces: 4 Acreage: 0.34 Pool: Yes Pool Type: Private

Lot Features

Coastal Barrier Zone: No

Property Features

Construction Status: Construction Complete Lot Features: Cleared; Corner; Within 1/2 Mile to Water Zoning: County; Resid Single Family Waterview: Gulf Parking Features: Garage; Garage Attached; Golf Cart Covered 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 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 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 Utilities: Electric; Gas - Natural; Phone; Public Sewer; Public Water; TV Cable Energy: AC - 2 or More; AC - Central Elect; Ceiling Fans; Heat Cntrl Electric; Water Heater - Gas; Water Heater - Tnkls Bedroom: First; Second; Third Kitchen: Second Living Room: Second; Third Full Bathroom: First; Second; Third Rooms: Balcony; Bedroom; Bunk Room; Full Bathroom; Kitchen; Laundry; Living Room; Play Room Financing: Conventional; VA

Room Information

Bedroom Level: First Dimensions: 13 x 15.4 Length: 13.00 Width: 15.40 Dimensions: 13 x 15.4 Full Bathroom Level: First Dimensions: 6.4 x 8.7 Length: 6.40 Width: 8.70 Dimensions: 6.4 x 8.7 Play Room Level: First Dimensions: 31.1 x 19.11 Length: 31.10 Width: 19.11 Remarks: Game Room Dimensions: 31.1 x 19.11 Bedroom Level: First Dimensions: 14 x 14.8 Length: 14.00 Width: 14.80 Dimensions: 14 x 14.8 Full Bathroom Level: First Dimensions: 7.1 x 9 Length: 7.10 Width: 9.00 Dimensions: 7.1 x 9 Laundry Level: First Dimensions: 13.7 x 14 Length: 13.70 Width: 14.00 Dimensions: 13.7 x 14 Full Bathroom Level: First Dimensions: 8 x 8.11 Length: 8.00 Width: 8.11 Dimensions: 8 x 8.11 Bunk Room Level: First Dimensions: 18.3 x 11.3 Length: 18.30 Width: 11.30 Dimensions: 18.3 x 11.3 Bedroom Level: Second Dimensions: 14 x 18 Length: 14.00 Width: 18.00 Dimensions: 14 x 18 Full Bathroom Level: Second Dimensions: 7.5 x 20 Length: 7.50 Width: 20.00 Dimensions: 7.5 x 20 Living Room Level: Second Dimensions: 25 x 20 Length: 25.00 Width: 20.00 Dimensions: 25 x 20 Kitchen Level: Second Dimensions: 18.5 x 18.8 Length: 18.50 Width: 18.80 Dimensions: 18.5 x 18.8 Bedroom Level: Second Dimensions: 14.8 x 14.8 Length: 14.80 Width: 14.80 Dimensions: 14.8 x 14.8 Full Bathroom Level: Second Dimensions: 7.7 x 18 Length: 7.70 Width: 18.00 Dimensions: 7.7 x 18 Balcony Level: Second Dimensions: 14 x 6 Length: 14.00 Width: 6.00 Dimensions: 14 x 6 Bedroom Level: Third Dimensions: 14 x 18.9 Length: 14.00 Width: 18.90 Dimensions: 14 x 18.9 Full Bathroom Level: Third Dimensions: 12 x 7 Length: 12.00 Width: 7.00 Dimensions: 12 x 7 Balcony Level: Third Dimensions: 15 x 6.5 Length: 15.00 Width: 6.50 Dimensions: 15 x 6.5 Living Room Level: Third Dimensions: 23.4 x 12 Length: 23.40 Width: 12.00 Dimensions: 23.4 x 12
Listing Office: The Premier Property Group
Last Updated: December - 18 - 2025
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