5,992 Sq. Ft.
$751 / Sq. Ft.
5,992
Sq. Ft.
$751
per Sq. Ft.

Description

This incredible Multi-Family STR Luxury Compound is expecting over $530K in Rental Projections for 2023, with over $519K currently Completed/Pending so far this year! Indulge in the ultimate luxury beachside living experience! This stunning property comes fully furnished in high-end finishes and features every amenity imaginable. This spacious home also boasts an elevator that makes moving between floors a breeze, adding an extra touch of convenience and luxury. Located just steps from the turquoise...This incredible Multi-Family STR Luxury Compound is expecting over $530K in Rental Projections for 2023, with over $519K currently Completed/Pending so far this year! Indulge in the ultimate luxury beachside living experience! This stunning property comes fully furnished in high-end finishes and features every amenity imaginable. This spacious home also boasts an elevator that makes moving between floors a breeze, adding an extra touch of convenience and luxury. Located just steps from the turquoise waters and the white quartz sand beaches of Florida's famous Emerald Coast, this spacious home can accommodate extra large groups by comfortably sleeping 24; making it ideal for exclusive retreats, rentals, and events This extraordinary home is situated across from the sought after Gulf Place District of 30A. Relax in the many beautifully appointed living areas or unwind in one of the luxurious bedrooms. The incredibly designed 8 king master suites, 2 built in bunk rooms which each sleep 4, full-sized laundry on every floor, and all of the 9 full bathrooms are the ultimate in luxury. The spa-like bathrooms feature designer tile and quartz surfaces, as well as the 2 additional half baths add plenty of options for large amounts of guests. The state-of-the-art modern kitchen with a six burner gas stove, double refrigerator freezer, and quartz counters make it the ultimate in modern luxury for the largest of stay and play gatherings. This home even features an additional kitchenette on the 3rd floor living area, along with multiple balconies to enjoy the gulf view! Outside, the stunning patio area is complete with a private refreshing swimming pool, outdoor shower, built-in gas grill, and seating for al fresco dining. Light up the night with glowing pool lights and the built in outdoor gas fireplace. NO HOA, so you'll have the complete freedom to enjoy your time and unrestricted rental ability. Whether you're lounging in the stylish living areas, relaxing in the well-appointed bedrooms, or cooking up a feast in the gourmet kitchen, you'll appreciate the high-end finishes and attention to detail throughout. Don't feel like cooking? The popular Shunk Gulley Oyster Bar of 30A is right nearby along with all the other Gulf Place hot spots. This property is completely turnkey ready, making it the perfect choice for those who want to enjoy the ultimate luxury lifestyle without the hassle of furnishing and decorating. New owner's can also opt to continue with the elite 30A Beach Girls management company, who have continued to bring exclusive guests and a continuous revenue stream to this sought after property with $428k in current reservations already on the books. The Emerald Coast is home to some of the best beaches, golf, dining, attractions, and luxury in the U. S. This is your chance to own such a large and incredible piece of beachside paradise with incredible ROI potential! This ultimate investment not only can pay you, but you have the ability to enjoy it for yourself as well! Schedule your visit or video tour with us today!
  1. Listed by Tony R Manthey • The Premier Property Group
    P: (850)-585-5501 C: (850)-585-5501 tony@flmtg.us

Property Details for 21 Penny Lane

View
Gulf
Zoning
County, Resid Single
Architectural Style
Beach House
Subdivision Name
Colleen's Cove
LISTING UPDATED: 10/25/2024 09:45 PM

Property Details for 21 Penny Lane

StatusSold
MLS #901990
Days on Market474
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Detached Single Family
Year Built2022
Lot Size0.25 AC / 10,890 SF
CountyWalton County

Location

Listing Courtesy of The Premier Property Group

Sold By The Premier Property Group

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Building Information for 21 Penny Lane

Stories3Year Built2022Building Size-Lot Size0.25 AC / 10,890 SF

Payment Calculator

$25,405 per month

30 year fixed, 6.46% Interest

Principal and Interest

$22,660

Property Taxes

$2,745

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 21 Penny Lane

Summary
Location and General Information
  • Directions: From US Hwy 98 turn South onto Hwy 393. Turn left on Penny Lane. The home is north of Shunk Gully and Ed Walline Park
  • 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: 30.34887
  • Longitude: -86.229655
  • 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: COM SW/COR GOV LOT 25,S 87 DEG 52'57''E 133.00 FT FOR POB,N 02 DEG 58'03''E 110.08 FT,S 87 DEG 57'11''E 100.00 FT,S 02 DEG 55' 29''W 110.20 FT,N 87 DEG 52'57'' W 100.00 FT TO POB BEING IN SEC02-3S-20W OR 1241-59 OR 2905-2577 OR 2911-1409 OR 2933-4637 OR 3172-4806 OR 3183-1633
Taxes and HOA
  • Tax Legal Description: COM SW/COR GOV LOT 25,S 87 DEG 52'57''E 133.00 FT FOR POB,N 02 DEG 58'03''E 110.08 FT,S 87 DEG 57'11''E 100.00 FT,S 02 DEG 55' 29''W 110.20 FT,N 87 DEG 52'57'' W 100.00 FT TO POB BEING IN SEC02-3S-20W OR 1241-59 OR 2905-2577 OR 2911-1409 OR 2933-4637 OR 3172-4806 OR 3183-1633
  • Parcel Number: 02-3S-20-34160-000-0254
  • Association Fee: $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 Enclosed
  • Garage Spaces: 2.0
  • General Property Info:Driveway Spaces: 5.0
  • Parking Features: Garage3, Garage Attached, Golf Cart Enclosed
Property
Lot Information
  • Building Area Source: Building Plan
  • Lot Size Dimensions: 110' X 100'
  • Lot Size Acres: 0.25
  • Lot Size Area: 0.25
  • Lot Size Units: Acres
  • Property Condition: Construction Complete
  • Lot Features: Level, Survey Available, Within 1/2 Mile to Water
  • Building Area Total: 5992.0
  • Lot Size Square Feet: 10890.0
  • General Property Info:SqFt Source: Building Plan
  • Waterview: Gulf2
  • LotParcel Access: County Road, Paved Road
  • Lot Features: Level, Survey Available, Within 12 Mile to Water
Property and Assessments
  • Road Surface Type: Paved
  • 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: false
  • Construction Status: Construction Complete
  • Construction Siding: Frame, Roof Pitched, Roof TileSlate, Stucco, Trim Vinyl
  • Occupancy Status: Vacation Rental
Green Features
  • Green Energy Efficient: Doors
Utilities
  • Utilities: Electric, Gas - Natural, Phone, Public Sewer, 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, Double Pane Windows, Heat Cntrl Electric, Insulated Doors, Water Heater - Gas, Water Heater - Tnkls
Interior and Exterior Features
Exterior Features
  • Exterior Features: Balcony, BBQ Pit/Grill, Fenced Back Yard, Fenced Privacy, Hot Tub, Lawn Pump, Patio Covered, Patio Open, Pool - Gunite Concrt, Pool - Heated, Pool - In-Ground, Porch, Shower, Sprinkler System, Summer Kitchen
  • Construction Materials: Frame, Roof Pitched, Roof Tile/Slate, Stucco, Trim Vinyl
  • Stories: 3.0
  • Pool Features: Pool Type
  • General Property Info:Pool: Yes
  • General Property Info:Pool Type: Private
  • Exterior: Balcony, BBQ PitGrill, Fenced Back Yard, Fenced Privacy, Hot Tub, Lawn Pump, Patio Covered, Patio Open, Pool - Gunite Concrt, Pool - Heated, Pool - In-Ground, Porch, Shower, Sprinkler System, Summer Kitchen
Interior Features
  • Heating: Central
  • Cooling: Ceiling Fan(s), Central Air
  • Interior Features: Breakfast Bar, Ceiling Crwn Molding, Ceiling Raised, Elevator, Fireplace, Fireplace 2+, Fireplace Gas, Floor Hardwood, Floor Tile, Furnished - All, Hallway Bunk Beds, Kitchen Island, Lighting Recessed, Newly Painted, Owner's Closet, Pantry, Pull Down Stairs, Shelving, Upgraded Media Wing, Washer/Dryer Hookup, Wet Bar, Window Treatmnt Some, Woodwork Painted
  • Window Features: Double Pane Windows
  • Room Type: Bedroom, Recreation Room, Living Room, Kitchen, Bonus Room
  • Rooms Total: 12.0
  • Bathrooms Total Integer: 11.0
  • Bathrooms Total Decimal: 10.0
  • Bathrooms Total Notational: 9.2
  • Cooling YN: Yes
  • Heating 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, Furnished - All, Hallway Bunk Beds, Kitchen Island, Lighting Recessed, Newly Painted, Owner's Closet, Pantry, Pull Down Stairs, Shelving, Upgraded Media Wing, WasherDryer Hookup, Wet Bar, Window Treatmnt Some, Woodwork Painted
  • Appliances: Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Dryer, Freezer, Ice Machine, Microwave, Oven Double, Range Hood, Refrigerator WIceMk, Smoke Detector, StoveOven Gas, Washer, Wine Refrigerator
Room Information
Room 1
  • Room Type: Bedroom
  • Room Level: First
  • Room Length: 13.17
  • Room Width: 15.33
  • Room Dimensions: 13.17 x 15.33
Room 2
  • Room Type: Bedroom
  • Room Level: First
  • Room Length: 14.17
  • Room Width: 14.67
  • Room Dimensions: 14.17 x 14.67
Room 3
  • Room Type: Bedroom
  • Room Level: First
  • Room Length: 13.58
  • Room Width: 14.25
  • Room Dimensions: 13.58 x 14.25
Room 4
  • Room Type: Recreation Room
  • Room Level: First
  • Room Length: 31.83
  • Room Width: 19.9
  • Room Dimensions: 31.83 x 19.9
Room 5
  • Room Type: Bedroom
  • Room Level: Second
  • Room Length: 14.75
  • Room Width: 18.75
  • Room Dimensions: 14.75 x 18.75
Room 6
  • Room Type: Bedroom
  • Room Level: Second
  • Room Length: 14.67
  • Room Width: 14.67
  • Room Dimensions: 14.67 x 14.67
Room 7
  • Room Type: Living Room
  • Room Level: Second
  • Room Length: 25.17
  • Room Dimensions: 25.17 x 19.9
Room 8
  • Room Type: Kitchen
  • Room Level: Second
  • Room Length: 18.42
  • Room Width: 18.67
  • Room Dimensions: 18.42 x 18.67
Room 9
  • Room Type: Bedroom
  • Room Level: Third
  • Room Length: 14.58
  • Room Width: 18.75
  • Room Dimensions: 14.58 x 18.75
Room 10
  • Room Type: Bedroom
  • Room Level: Third
  • Room Length: 14.33
  • Room Width: 11.42
  • Room Dimensions: 14.33 x 11.42
Room 11
  • Room Type: Bedroom
  • Room Level: Third
  • Room Length: 14.33
  • Room Width: 13.17
  • Room Dimensions: 14.33 x 13.17
Room 12
  • Room Type: Bonus Room
  • Room Level: Third
  • Room Length: 23.33
  • Room Width: 12.0
  • Room Dimensions: 23.33 x 12
Rental
Rent Information
  • General Property Info:Immediate Occupancy: true
  • Listing Info Tax Legal:Is Subject Leased: false
  • Existing Leases: DailyWeekly

Property History for 21 Penny Lane

DateEvent & SourcePriceAppreciation
Mar 19, 2026

Expired

ECAR #985492

$3,950,000—
Sep 16, 2025

Listed (Active)

ECAR #985492

$4,150,000—
Nov 22, 2023

Sold

ECAR #901990

$4,500,000—
Nov 21, 2023

Sold (Public Record)

Public Record #1523147339

$4,500,000

+14.1% / yr

Oct 16, 2023

Pending

ECAR #901990

—
Aug 28, 2023

Listed (Active)

ECAR #901990

$6,400,000—
Apr 22, 2022

Sold (Public Record)

Public Record #1489041727

$3,650,000—
Apr 22, 2022

Sold

ECAR #885671

$3,650,000—
Nov 11, 2021

Listed (Active)

ECAR #885671

$3,995,000—
DateEvent & SourcePrice
03/19/2026

Expired

ECAR #985492

$3,950,000
09/16/2025

Listed (Active)

ECAR #985492

$4,150,000
11/22/2023

Sold

ECAR #901990

$4,500,000
11/21/2023

Sold (Public Record)

Public Record #1523147339

$4,500,000

+14.1% / yr

10/16/2023

Pending

ECAR #901990

—
08/28/2023

Listed (Active)

ECAR #901990

$6,400,000
04/22/2022

Sold (Public Record)

Public Record #1489041727

$3,650,000
04/22/2022

Sold

ECAR #885671

$3,650,000
11/11/2021

Listed (Active)

ECAR #885671

$3,995,000

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

Public Records for 21 Penny Lane

Taxable ValueLand$495,000Additions$2,544,315Total$3,039,315
Tax Record2024$32,938 ($2,745 / month)
Home Facts
Beds8Total Finished SqFt6,413 SqFtAbove Grade Finished SqFt6,413 SqFtStories3Lot Size10,977 SqFtStyleSingle Family ResidenceYear Built2022CountyWALTONAPN02-3S-20-34160-000-0254

Schools near 21 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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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© 2026 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.