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Key Facts

Type Single Family Residence
Levels Residential
Size -
Garage No
Taxes $1,535
Days Active 155
Lot Size 
Approx. Age 2006
MLS® Number 973018

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

INVESTORS AND BUYERS SELLER IS NOW OFFER $5, 000 BUYER CREDIT! Use your credit toward a rate buy down, for closing costs, or decorating allowance! This highly versatile, income-producing property is now offered at a reduced price, making it a rare find just minutes from 30A. Zoned for both short-term and long-term rentals, this opportunity offers flexibility and value rarely found this close to the beach—without the 30A price tag. Set on a .28-acre lot and bordered by a 255-acre conservation buffer that will never be developed, the property includes two fully furnished, coastal-inspired cottages plus a 30-amp RV hookup with sewer connection. With ample parking, no HOA, and room to add a pool or garden, the potential here is exceptional. The Blue Cottage features 2 bedrooms, 1 bath, 868 square feet of heated and cooled living space, plus a 178-square-foot screened porch, totaling 1, 046 square feet of usable space. Recent updates include a 2023 metal roof, new kitchen appliances, island, countertops, flooring, interior and exterior paint, water heater, washer/dryer, and a new laundry room door. The cottage also includes a screened-in porch with a flat-screen TV, grilling deck, and is plumbed for a future outdoor shower, pool, or spa. The last long-term lease grossed $2, 100 per month, and it grossed $29, 000 as a short-term rental in 2023. On the opposite side of the property sits "Crab Island, " a one-bedroom, one-bath studio cottage built in 2014. The studio offers 350 square feet of interior space plus a 236-square-foot screened porch with large sliding glass doors that create an open-air flow between indoor and outdoor living. The porch features a sink, mini fridge, storage, and ceiling fans, making it ideal for entertaining. Additional features include a wraparound deck, outdoor shower, fenced backyard, and storage area. The studio grossed $19, 000 as a short-term rental in 2023, and its last long-term lease brought in $1, 650 per month. Located just minutes from the white-sand beaches of South Walton, parks, Grand Boulevard, Miramar & Destin this property is ideal for investors, multi-generational living, or those seeking a personal retreat with strong rental income potential.Show Description
MLS® Number973018
Laundry Level
Central VacNo
FireplaceNo
Acreage0.28
Exterior
GarageNo
Approx. Age2006
Basement
Driveway
Garage Spaces
HeatHeat - Wall/Window, Central
A/CWall/Window Unit(s), Central Air
Heating Fuel

Extras

Rooms

Show Details
Master Bedroom:First10.1 × 13.3 ft
Other:First9.7 × 9.9 ft
Other:First10.9 × 23.3 ft
Living Room:First15.4 × 15.4 ft
Other:First15.9 × 11.7 ft

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