17 Penny LN Santa Rosa Beach, FL 32459
UPDATED:
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 $669
Subdivision Penny Lane
MLS Listing ID 991482
Style Beach House
Bedrooms 10
Full Baths 9
Half Baths 2
Year Built 2022
Annual Tax Amount $28,559
Tax Year 2023
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
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. 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.
Location
State FL
County Walton
Area 17 - 30A West
Zoning County, Resid Single Family
Direction Turn South on Highway 393 and head South. Turn left on Penny Lane. Just North of Shunk Gully Restaurant.
Rooms
Kitchen true
Interior
Interior Features Breakfast Bar, Ceiling Crwn Molding, Ceiling Raised, Elevator, Fireplace, Fireplace 2+, Hallway Bunk Beds, Kitchen Island, Lighting Recessed, Newly Painted, Owner's Closet, Pantry, Shelving, Washer/Dryer Hookup, Wet Bar, Woodwork Painted
Heating Central
Cooling Ceiling Fans, Central Air
Flooring Floor Hardwood, Floor Tile
Fireplaces Type Fireplace Gas, Fireplace
Fireplace Yes
Window Features Window Treatment All
Appliance 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, Water Heater - Gas, Water Heater - Tnkls
Laundry true
Exterior
Exterior Feature Balcony, BBQ Pit/Grill, Fenced Back Yard, Hot Tub, Pool - Gunite Concrt, Shower, Sprinkler System, Summer Kitchen, In-Ground Pool, Heated Pool, Gunite Pool, Open Patio, Covered Patio, Porch, Fenced Backyard, Privacy Fence, Summer Kitchen, BBQ / Grill, Exterior Fireplace, Hot Tub, Outdoor Shower, Sprinkler System, Balcony
Parking Features Garage, Golf Cart Covered
Garage Spaces 2.0
Fence Fenced Privacy
Pool Pool - Heated, Pool - In-Ground, Pool Type
Utilities Available Electric, Gas - Natural, Phone, Public Water, TV Cable
View Gulf
Roof Type Tile / Slate
Street Surface Paved
Porch Patio Covered, Patio Open, Porch
Road Frontage County Road
Garage Yes
Building
Lot Description Cleared, Corner, Within 1/2 Mile to Water
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 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.
Virtual Tour https://www.youtube.com/watch?v=f9MCHC_XC1U
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