$4,295,000
Price
10
Beds
6,413 Sq. Ft.
$670 / Sq. Ft.
6,413
Sq. Ft.
$670
per Sq. Ft.

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
...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. 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.
  1. Listed by Christy R Leipprandt • The Premier Property Group
    P: (850)-543-3930 C: (850)-543-3930 christy@premierfl.com
  2. Listed by Tony R Manthey • The Premier Property Group
    P: (850)-585-5501 C: (850)-585-5501 tony@flmtg.us

Property Details for 17 Penny Lane

View
Gulf
Zoning
County, Resid Single Family
Architectural Style
Beach House
Subdivision Name
Penny Lane
LISTING UPDATED: 12/18/2025 03:51 PM

Property Details for 17 Penny Lane

StatusActive
MLS #991482
Days on Market7
Taxes$28,559 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Detached Single Family
Year Built2022
Lot Size0.34 AC / 14,810 SF
CountyWalton County

Location

Listing Courtesy of The Premier Property Group
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Building Information for 17 Penny Lane

Stories3Year Built2022Building Size-Lot Size0.34 AC / 14,810 SF

Payment Calculator

$23,603 per month

30 year fixed, 6.28% Interest

Principal and Interest

$21,223

Property Taxes

$2,380

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 17 Penny Lane

Summary
Location and General Information
  • Directions: Turn South on Highway 393 and head South. Turn left on Penny Lane. Just North of Shunk Gully Restaurant.
  • Road Frontage Type: County Road
  • MLS Area Minor: 1703 - Santa Rosa Beach and S of 98 East of 393
  • MLS Area Major: 17 - 30A West
  • Latitude: 30.349006
  • Longitude: -86.229713
  • Location Tax and Legal:Sub Area: 1703 - Santa Rosa Beach and S of 98 East of 393
  • Location Tax and Legal:Elementary School: Van R Butler
  • Location Tax and Legal:Middle School: Emerald Coast
  • Location Tax and Legal:High School: South Walton
  • Location Tax and Legal:Legal Description: BEG SW/COR GOV LOT 25,N 02 DEG 55'43''E 109.83FT,S 87 DEG 57'11''E 133.00FT,S 02 DEG 25'03''W 110.08FT TO S LN LOT 25 W 133.00FT TO POB BEING IN SEC 02-3S-20W
Taxes and HOA
  • Tax Legal Description: BEG SW/COR GOV LOT 25,N 02 DEG 55'43''E 109.83FT,S 87 DEG 57'11''E 133.00FT,S 02 DEG 25'03''W 110.08FT TO S LN LOT 25 W 133.00FT TO POB BEING IN SEC 02-3S-20W
  • Parcel Number: 02-3S-20-34160-000-0251
  • Association Fee: $0
  • Tax Annual Amount: $28,559
  • Listing Info Tax Legal:Last Taxes: $28,559
  • Listing Info Tax Legal:Last Tax Year: 2023.0
School Information
  • Elementary School: Van R Butler
  • Middle Or Junior School: Emerald Coast
  • High School: South Walton
Parking
  • Carport YN: No
  • Attached Garage YN: Yes
  • Parking Features: Garage, Golf Cart Covered
  • Garage Spaces: 2.0
  • General Property Info:Driveway Spaces: 4.0
  • Parking Features: Garage3, Garage Attached, Golf Cart Covered
Virtual Tour
Property
Lot Information
  • Building Area Source: County PA Records
  • Lot Size Dimensions: 77x100
  • Lot Size Acres: 0.34
  • Lot Size Area: 0.34
  • Lot Size Units: Acres
  • Property Condition: Construction Complete
  • Lot Features: Cleared, Corner, Within 1/2 Mile to Water
  • Building Area Total: 6413.0
  • Lot Size Square Feet: 14810.4
  • General Property Info:SqFt Source: County PA Records
  • Waterview: Gulf2
  • LotParcel Access: County Road, Paved Road
  • Lot Features: Cleared, Corner, Within 12 Mile to Water
  • Lot Features:Coastal Barrier Zone: No
Property and Assessments
  • Road Surface Type: Paved
  • Tax Year: 2023.0
  • Floor Plans Count: 0.0
  • Property Type: Residential
  • Year Built: 2022.0
  • Property Sub Type: Detached Single Family
  • New Construction YN: No
  • General Property Info:Sub-Type: Detached Single Family
  • General Property Info:Design: Beach House
  • Listing Info Tax Legal:Homestead: No
  • Construction Status: Construction Complete
  • Construction Siding: Roof TileSlate, Slab, Stucco, Trim Wood
Utilities
  • Sewer: Public Sewer
  • Utilities: Electric, Gas - Natural, Phone, Public Water, TV Cable
  • Electric: True
  • Utilities: Electric, Gas - Natural, Phone2, 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
Interior and Exterior Features
Exterior Features
  • Exterior Features: Balcony, BBQ Pit/Grill, Fenced Back Yard, Hot Tub, Pool - Gunite Concrt, Shower, Sprinkler System, Summer Kitchen
  • Construction Materials: Stucco, Trim Wood
  • Foundation Details: Slab
  • Stories: 3.0
  • Pool Features: Pool - Heated, Pool - In-Ground, Pool Type
  • Patio And Porch Features: Patio Covered, Patio Open, Porch
  • Fencing: Fenced Privacy
  • General Property Info:Pool: Yes
  • General Property Info:Pool Type: Private
  • Exterior: Balcony, BBQ PitGrill, Fenced Back Yard, Fenced Privacy, Fireplace2, Hot Tub, Patio Covered, Patio Open, Pool - Gunite Concrt, Pool - Heated, Pool - In-Ground, Porch, Shower, Sprinkler System, Summer Kitchen
Interior Features
  • Heating: Central
  • Cooling: Ceiling Fans, Central Air
  • 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
  • Fireplace Features: Fireplace Gas, Fireplace
  • Flooring: Floor Hardwood, Floor Tile
  • Window Features: Window Treatment All
  • Room Type: Bedroom, Full Bathroom, Play Room, Laundry, Bunk Room, Living Room, Kitchen, Balcony
  • Rooms Total: 19.0
  • Bathrooms Total Integer: 11.0
  • Bathrooms Total Decimal: 10.0
  • Bathrooms Total Notational: 9.2
  • Cooling YN: Yes
  • Heating YN: Yes
  • Fireplace YN: Yes
  • Bedrooms Total: 10.0
  • Bathrooms Full: 9.0
  • Bathrooms Half: 2.0
  • 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, WasherDryer 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 WIceMk, Smoke Detector, StoveOven Gas, Wine Refrigerator
Room Information
Room 1
  • Room Type: Bedroom
  • Room Level: First
  • Room Length: 13.0
  • Room Width: 15.4
  • Room Dimensions: 13 x 15.4
Room 2
  • Room Type: Full Bathroom
  • Room Level: First
  • Room Length: 6.4
  • Room Width: 8.7
  • Room Dimensions: 6.4 x 8.7
Room 3
  • Room Type: Play Room
  • Room Level: First
  • Room Length: 31.1
  • Room Width: 19.11
  • Room Description: Game Room
  • Room Dimensions: 31.1 x 19.11
Room 4
  • Room Type: Bedroom
  • Room Level: First
  • Room Length: 14.0
  • Room Width: 14.8
  • Room Dimensions: 14 x 14.8
Room 5
  • Room Type: Full Bathroom
  • Room Level: First
  • Room Length: 7.1
  • Room Width: 9.0
  • Room Dimensions: 7.1 x 9
Room 6
  • Room Type: Laundry
  • Room Level: First
  • Room Length: 13.7
  • Room Width: 14.0
  • Room Dimensions: 13.7 x 14
Room 7
  • Room Type: Full Bathroom
  • Room Level: First
  • Room Length: 8.0
  • Room Dimensions: 8 x 8.11
Room 8
  • Room Type: Bunk Room
  • Room Level: First
  • Room Length: 18.3
  • Room Width: 11.3
  • Room Dimensions: 18.3 x 11.3
Room 9
  • Room Type: Bedroom
  • Room Level: Second
  • Room Length: 14.0
  • Room Width: 18.0
  • Room Dimensions: 14 x 18
Room 10
  • Room Type: Full Bathroom
  • Room Level: Second
  • Room Length: 7.5
  • Room Width: 20.0
  • Room Dimensions: 7.5 x 20
Room 11
  • Room Type: Living Room
  • Room Level: Second
  • Room Length: 25.0
  • Room Width: 20.0
  • Room Dimensions: 25 x 20
Room 12
  • Room Type: Kitchen
  • Room Level: Second
  • Room Length: 18.5
  • Room Width: 18.8
  • Room Dimensions: 18.5 x 18.8
Rental
Rent Information
  • General Property Info:Immediate Occupancy: No
  • Listing Info Tax Legal:Is Subject Leased: No

Property History for 17 Penny Lane

DateEvent & SourcePriceAppreciation
Dec 18, 2025

Listed (Active)

ECAR #991482

$4,295,000—
Nov 14, 2025

Withdrawn

ECAR #956267

$4,295,000—
Feb 7, 2025

Listed (Active)

ECAR #956267

$4,999,999—
Jun 1, 2022

Sold (Public Record)

Public Record #1491535098

$3,350,000

+134.9% / yr

Jun 1, 2022

Sold

ECAR #874778

$3,350,000—
Jun 18, 2021

Pending

ECAR #874778

—
Jun 18, 2021

Listed (Active)

ECAR #874778

$3,400,000—
Dec 9, 2020

Sold (Public Record)

Public Record #686209751

$950,000

+15.8% / yr

Jan 30, 2013

Sold (Public Record)

Public Record #349458240

$300,000—
DateEvent & SourcePrice
12/18/2025

Listed (Active)

ECAR #991482

$4,295,000
11/14/2025

Withdrawn

ECAR #956267

$4,295,000
02/07/2025

Listed (Active)

ECAR #956267

$4,999,999
06/01/2022

Sold (Public Record)

Public Record #1491535098

$3,350,000

+134.9% / yr

06/01/2022

Sold

ECAR #874778

$3,350,000
06/18/2021

Pending

ECAR #874778

—
06/18/2021

Listed (Active)

ECAR #874778

$3,400,000
12/09/2020

Sold (Public Record)

Public Record #686209751

$950,000

+15.8% / yr

01/30/2013

Sold (Public Record)

Public Record #349458240

$300,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 17 Penny Lane

Taxable ValueLand$495,000Additions$2,587,758Total$3,082,758
Tax Record2024$31,941 ($2,662 / month)
Home Facts
Beds8Total Finished SqFt6,413 SqFtAbove Grade Finished SqFt6,413 SqFtStories3Lot Size14,593 SqFtStyleSingle Family ResidenceYear Built2022CountyWALTONAPN02-3S-20-34160-000-0251

Schools near 17 Penny Lane

This home is within Walton.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Dune Lakes Elementary School
PublicK to 5

Emerald Coast Middle School
Public6 to 8

South Walton High School
Public9 to 12

WALTON VIRTUAL SCHOOL WCSD-7023
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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17 Penny Lane is a single family home for sale in Santa Rosa Beach, FL 32459. This property was listed for sale on December 18, 2025 by The Premier Property Group, it's currently listed at $4,295,000. It has been on the market for a total of 7 days and was last sold on June 1, 2022. This listing's school district is Walton. Nearby schools include Dune Lakes Elementary School, Emerald Coast Middle School and South Walton High School. 17 Penny Lane is a 10-bed, 11-bath, 6,413 sqft single family home built in 2022.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Premier Property Group

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2025 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.