Just Listed
Address
485 Old Beach Road, Santa Rosa Beach, FL
Price
$ 5,500,000
Property Attributes
- MLS#1012886
- TypeSingle Family
- Listing Status Active
- CountyWalton
- CitySanta Rosa Beach
- Area30A West
- NeighborhoodOLD FLORIDA BEACH
- Zip32459
- StyleBeach House
- Year Built1996
- Taxes$ 35913
- Price$ 5,500,000
- Bedrooms5
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage2351
- Lot Size0.56 Acres
Data Source:
Emerald Coast MLS (ECAR)
Property Description
Perched atop a sugar-white dune in the private, gated enclave of Old Florida Beach, this rare gulf-front lot offers both immediate rental income and long-term development potential. The existing home, spanning only half of the buildable footprint, generates nearly $200,000 in annual rental revenue and comfortably accommodates up to 14 guests. Priced at lot value based on recent sales on the west end of Scenic Highway 30A, this is a compelling opportunity to hold, collect, and plan. The current residence offers classic coastal charm, featuring breezy porches, multiple balconies, and a walkway that leads directly to the shoreline. Inside, the open-concept main floor includes a large living area, dining space for six, and a generous kitchen with wraparound butcher block counters. Two guest rooms with twin queen beds share a hall bath on this level, while upstairs features two additional queen bedrooms with balcony access, a shared bath, and a spacious gulf-facing primary suite. The primary includes its own beachfront balcony, wet bar, and an ensuite with marble-tiled walk-in shower and granite-topped vanities. Beyond the home itself, Old Florida Beach is a coveted low-density community with private beach access, a neighborhood pool, and a dock on Draper Lake -- one of the area's rare coastal dune lakes. From this tranquil location, you're minutes from Gulf Place, Seaside, Florida, and the Village of Baytowne Wharf, with dining, shops, and entertainment close by. Bring a buyer, builder, or investor ready to envision a future gulf-front masterpiece, while letting the current home pay its way in the meantime.
| Elementary School | Middle School | High School |
|---|---|---|
| Van R Butler Elementary School | Emerald Coast Middle School | South Walton High School |
| Price History | |
|---|---|
| 9/28/2026 | Listed $5,500,000 |
General Features
| Utilities | Community Water,Electric,Gas - Natural,Public Water,TV Cable |
|---|---|
| Zoning | Resid Single Family |
| Property Subtype | Detached Single Family |
| Community Features | Short Term Rental - Allowed,Beach,Dock,Gated Community,Pets Allowed,Picnic Area,Pool |
| County | Walton |
| Property Type | Residential |
| Subdivision Name | OLD FLORIDA BEACH |
| Status | Active |
| Directions | Heading east on County Hwy 30A, TURN RIGHT past onto Gulfview Heights Street, Heading SOUTH 2 Blocks turn LEFT on Old Beach Road into Old Florida Beach neighborhood, thru gate (call for gate code) turn right at stop sign to 485 Old Beach Road (second gulf front home on right). |
| High School | South Walton |
| City | Santa Rosa Beach |
| MLS Area | 17 - 30A West |
| Lot Size Units | Acres |
| Lot Size Square Feet | 24393.6 |
| Elementary School | Van R Butler |
| Middle/Junior High School | Emerald Coast |
| MLS Area Minor | 1705 - SRB South of 30A |
| Standard Status | Active |
| Sewer | Community Sewer |
| View | Gulf |
| Waterfront Features | Gulf |
| Tax Assessed Value | 2600 |
| Patio/Porch Features | Deck Covered,Deck Open,Patio Open |
| Architectural Style | Beach House |
| Construction Materials | Siding CmntFbrHrdBrd |
| Year Built | 1996 |
| Stories Count | 2 |
| Tax Year | 2025 |
| New Construction | false |
| Total Rooms | 8 |
| Carport Y/N | false |
| Property Condition | Construction Complete |
| Association Fee Includes | Accounting,Ground Keeping,Land Recreation,Management,Recreational Faclty |
| Pool Features | Pool Type |
| HOA | true |
Interior Features
| Total Baths | 4 |
|---|---|
| Window Features | Window Treatment All |
| Furnished Y/N | Furnished - All |
Exterior Features
| Lot Features | Covenants,Within 1/2 Mile to Water |
|---|---|
| Lot Size Area | 0.56 |
| Lot Dimensions | 65' by 100' |
| Lot Size Acres | 0.56 |
| Road Frontage Type | Private Road |
| Waterfront Y/N | true |
| Exterior Amenities | Balcony,Shower |
| Building Area Total | 2351 |
| Total Parking | 5 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 32459
Price
Taxes
Year Built
Emerald Coast Association of REALTORS®, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
Listing data provided by: Central Panhandle Association of Realtors (CPAR)
Information deemed reliable but not guaranteed. The information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
