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 $584
Subdivision Penny Lane
MLS Listing ID 992482
Style Beach House
Bedrooms 10
Full Baths 9
Half Baths 2
HOA Y/N No
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 - Deductible operating expenses: management fees, maintenance, utilities, insurance, and interest.
- Ownership flexibility: short-term rental, seasonal vacation home, long-term income property; compatible with 1031 exchange and portfolio diversification strategies (confirm with your tax advisor).
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
Special Listing Condition Accept Backup Offers
NEARBY SCHOOL & BUSINESS
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