377 Canal Street, Santa Rosa Beach, FL 32459 (MLS# 1000551)

Description

Rare opportunity to own a beautifully updated 5BR/4BA residence in coveted Old Seagrove, bordering Seaside--where irreplaceable location and quality converge. Situated on nearly a quarter-acre, this 2,825 SF home with additional attic expansion potential offers exceptional privacy, scale, and flexibility just moments from the beach. The first level features an open living and dining area filled with natural light from four sets of French doors, complemented by a well-appointed kitchen with KitchenAid appliances, custom cabinetry with Blum drawer systems, and bar seating. A main-level bedroom with ensuite provides flexibility for guests or additional living space.

Supplements: Upstairs, the oversized primary suite offers a sitting area, private balcony, and a spacious bath with dual vanities. Additional bedrooms are thoughtfully arranged with a mix of ensuite and Jack-and-Jill configurations, including a versatile fifth bedroom ideal for a bunk room or media space. Outdoors, the property expands its appeal with an oversized two-car garage with potential carriage house addition and an expansive, fenced yard with ample room for a resort-style pool, putting green, and outdoor entertaining. With no HOA, fewer restrictions, and favorable taxes, the property presents a strong investment profile--projected rental income up to $343K with enhancements of a pool and golf cart--while remaining private enough for a primary or second home. An adjoining quarter-acre lot is also available for purchase, creating a rare opportunity to assemble a near half-acre legacy estate. Positioned along one of 30A's most desirable corridors, owners benefit from walkable access to dining, shopping, and multiple beach access points, combined with the flexibility and long-term upsides that define Old Seagrove.

General Property Info

Sub-Type: Detached Single Family Design: Contemporary SqFt Source: Appraiser Immediate Occupancy: No Garage: Yes Carport: Yes Covered Spaces: 1 Driveway Spaces: 3 Pool: No Pool Type: None Apx SqFt(Htd/Cooled): 2825 Bedrooms: 5 Full Baths: 4 Total Bathrooms: 4 # Stories: 2 Year Built: 2005 Garage Spaces: 2 Acreage: 0.24

Contract Info

Listing Board: Emerald Coast List Price/SqFt: 1044.25 List Date: 2026-04-13 Current Price: $2,950,000 List Price: $2,950,000

Location, Tax and Legal

Sub Area: 1802 - S. of 98 W of Camp Creek Elementary School: Dune Lakes Middle School: Emerald Coast High School: South Walton Legal Description: Lot 2 Blk M Seagrove 5th Add Or 377-830 Or 2305-331 Or 2825-1993 Or 2850-2169 Or 2860-2025

Listing Info, Tax & Legal

Homestead: Yes Is Subject Leased: No Assessment Fees: No New Buyer Fee: No New Buyer Fee Paid: % Last Taxes: 13845.07 Last Tax Year: 2025 Brokerage Interest: No Interest As Is: No

Remarks & Misc

Remarks: Rare opportunity to own a beautifully updated 5BR/4BA residence in coveted Old Seagrove, bordering Seaside--where irreplaceable location and quality converge. Situated on nearly a quarter-acre, this 2,825 SF home with additional attic expansion potential offers exceptional privacy, scale, and flexibility just moments from the beach. The first level features an open living and dining area filled with natural light from four sets of French doors, complemented by a well-appointed kitchen with KitchenAid appliances, custom cabinetry with Blum drawer systems, and bar seating. A main-level bedroom with ensuite provides flexibility for guests or additional living space.

Sale Type

Accept Backup Offers: 1

Construction Status

Construction Complete: 1

Parking Features

Carport Attached: 1 Covered: 1 Garage Attached: 1 Oversized: 1

Lot/Parcel Access

County Road: 1 Graded/Maintained: 1 Gravel/Oyster Shell: 1

Lot Features

Cul-De-Sac: 1 Dead End: 1 Survey Available: 1

Construction/Siding

Frame: 1 Roof Metal: 1 Slab: 1 Trim Wood: 1

Utilities

Electric: 1 Phone: 1 Public Sewer: 1 Public Water: 1 TV Cable: 1

Zoning

County: 1 Resid Single Family: 1

Exterior

Balcony: 1 Columns: 1 Deck Covered: 1 Fenced Lot-All: 1 Fenced Privacy: 1 Patio Covered: 1 Renovated: 1 Shower: 1

Interior

Breakfast Bar: 1 Built-In Bookcases: 1 Ceiling Crwn Molding: 1 Ceiling Raised: 1 Floor Laminate: 1 Furnished - Some: 1 Lighting Recessed: 1 Newly Painted: 1 Owner's Closet: 1 Renovated: 1 Shelving: 1 Split Bedroom: 1 Washer/Dryer Hookup: 1 Window Treatment All: 1 Woodwork Painted: 1

Financing

Conventional: 1 FHA: 1 VA: 1

Appliances

Auto Garage Door Opn: 1 Dishwasher: 1 Disposal: 1 Dryer: 1 Microwave: 1 Oven Double: 1 Oven Self Cleaning: 1 Refrigerator W/IceMk: 1 Smoke Detector: 1 Stove/Oven Electric: 1 Washer: 1

Energy

AC - 2 or More: 1 AC - Central Elect: 1 Ceiling Fans: 1 Double Pane Windows: 1 Heat Cntrl Electric: 1 Heat Pump Wtr to Air: 1 Roof Vent: 1 Water Heater - Elect: 1

Mstr Bdrm/Mstr Bath

MBath Double Vanity: 1 MBath Separate Shwr: 1 MBath Tile: 1 MBath Walk-In Closet: 1 MBed Balcony: 1 MBed Walk-in Closet: 1 See Remarks: 1

Master Bedroom

Second: 1

Bedroom

First: 1 Second: 1

Kitchen

First: 1

Living Room

First: 1

Rooms

Bedroom: 1 Dining Room: 1 Garage: 1 Kitchen: 1 Laundry: 1 Living Room: 1 Master Bathroom: 1 Master Bedroom: 1

Status Change Info

Status: Active

Location Tax and Legal

Area: 18 - 30A East Street #: 377 Street Name: Canal Street Suffix: Street State: FL Zip Code: 32459 County: Walton Project Name/Subdivision: SEAGROVE 5TH ADDN Parcel ID: 14-3S-19-25170-00M-0020

Property Features

Sale Type: Accept Backup Offers Construction Status: Construction Complete Lot Features: Cul-De-Sac; Dead End; Survey Available Zoning: County; Resid Single Family Parking Features: Carport Attached; Covered; Garage Attached; Oversized Exterior: Balcony; Columns; Deck Covered; Fenced Lot-All; Fenced Privacy; Patio Covered; Renovated; Shower Interior: Breakfast Bar; Built-In Bookcases; Ceiling Crwn Molding; Ceiling Raised; Floor Laminate; Furnished - Some; Lighting Recessed; Newly Painted; Owner's Closet; Renovated; Shelving; Split Bedroom; Washer/Dryer Hookup; Window Treatment All; Woodwork Painted Appliances: Auto Garage Door Opn; Dishwasher; Disposal; Dryer; Microwave; Oven Double; Oven Self Cleaning; Refrigerator W/IceMk; Smoke Detector; Stove/Oven Electric; Washer Utilities: Electric; Phone; Public Sewer; Public Water; TV Cable Energy: AC - 2 or More; AC - Central Elect; Ceiling Fans; Double Pane Windows; Heat Cntrl Electric; Heat Pump Wtr to Air; Roof Vent; Water Heater - Elect Master Bedroom: Second Bedroom: First; Second Kitchen: First Living Room: First Rooms: Bedroom; Dining Room; Garage; Kitchen; Laundry; Living Room; Master Bathroom; Master Bedroom Financing: Conventional; FHA; VA

Room Information

Bedroom Level: First Dimensions: 13.5 x 13 Length: 13.50 Width: 13.00 Dimensions: 13.5 x 13 Kitchen Level: First Dimensions: 12 x 12 Length: 12.00 Width: 12.00 Dimensions: 12 x 12 Living Room Level: First Dimensions: 24 x 17 Length: 24.00 Width: 17.00 Remarks: Shared with Dining Area Dimensions: 24 x 17 Dining Room Level: First Dimensions: 24 x 17 Length: 24.00 Width: 17.00 Remarks: Shared with Living Room Dimensions: 24 x 17 Garage Level: First Dimensions: 24 x 24 Length: 24.00 Width: 24.00 Dimensions: 24 x 24 Laundry Level: First Dimensions: 6 x 12 Length: 6.00 Width: 12.00 Dimensions: 6 x 12 Master Bedroom Level: Second Dimensions: 17 x 15 Length: 17.00 Width: 15.00 Dimensions: 17 x 15 Master Bathroom Level: Second Dimensions: 11 x 15 Length: 11.00 Width: 15.00 Dimensions: 11 x 15 Bedroom Level: Second Dimensions: 15 x 11 Length: 15.00 Width: 11.00 Dimensions: 15 x 11 Bedroom Level: Second Dimensions: 13 x 16 Length: 13.00 Width: 16.00 Dimensions: 13 x 16 Bedroom Level: Second Dimensions: 11 x 8 Length: 11.00 Width: 8.00 Dimensions: 11 x 8