$4,295,000

17 Penny Lane, Santa Rosa Beach, FL 32459

  • 10 beds |
  • 11 baths |
  • 6,413 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 2022
  • Property Lot Size Icon0.34acre lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $670/sqft
  • Property List Date Icon Listed 7 days ago

Property 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 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.

Listing Status:
Active
Date Added:
December 18, 2025 at 06:00AM
Listing Office:
The Premier Property Group : 850-337-1555
Listing Agent:
Christy R Leipprandt : 850-543-3930
MLS ID:
991482
  • General: Breakfast BarCrown MoldingVaulted Ceiling(s)FireplaceFireplace 2+Hallway Bunk BedsKitchen IslandRecessed LightingNewly PaintedOwner's ClosetPantryShelvingWasher/Dryer HookupWet BarWoodwork PaintedElevator
  • Appliances: CooktopDishwasherDisposalDryerFreezerMicrowaveDouble OvenRange HoodRefrigeratorGas Water HeaterTankless Water Heater
  • Flooring: HardwoodTile
  • A/C: Central AirCeiling Fan(s)
  • Heating: CentralGas - Natural
  • Fireplace: EPA Qualified FireplaceFireplace GasFireplace
  • General: Outdoor GrillBalconyPrivate YardHot TubPool - Gunite ConcrtOutdoor ShowerSprinkler SystemOutdoor Kitchen
  • Style: Beach House
  • Pool: HeatedIn Ground
  • Parking: Garage Door OpenerGolf Cart GarageGarage
  • Windows: Window Treatments
  • General: StuccoTrim Wood3Slab
  • Road/Access: County Road
  • Originating MLS: Emerald Coast Association of REALTORS®
  • County: Walton
  • Zoning: CountyResid Single Family02-3S-20-34160-000-0251
  • View: Gulf
  • Fencing: Privacy
  • Water: 0
  • Source: Emerald Coast Association of REALTORS®

This listing courtesy of Christy R Leipprandt, The Premier Property Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

V

Van R. Butler Elementary School

6694 W County Highway 30A, Santa Rosa Beach, FL, 32459

Grades KG-5

2.07 miles away

E

Emerald Coast Middle School

4019 US Highway 98 E, Santa Rosa Beach, FL, 32459

Grades 6-8

6.92 miles away

S

South Walton High School

645 Greenway Trl, Santa Rosa Beach, FL, 32459

Grades 9-12

3.57 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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