17 Penny Lane, Santa Rosa Beach 32459 (Active)

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Listing Information

Property Type: Detached Single Family
MLS #: 991482 Price: $4,295,000.00 Year Built: 2022
Square Feet: 6413 Bedrooms: 10 Bathrooms: 9 Full/2 Half
HOA Fees: Not available Lot Size: 0.34 acres Lot Dimensions: 77x100

Subdivision: Penny Lane

Description:

TURNKEY GULF-VIEW INVESTMENT | SLEEPS 28 |$387K+ ANNUAL RENTAL INCOME | NO HOALocated 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.

Photos

Features

Waterview: Gulf

Parking Features: Garage, Garage Attached, Golf Cart Covered

Construction/Siding: Roof Tile/Slate, Trim Wood

Exterior Features: Balcony, BBQ Pit/Grill, Fenced Back Yard, Fenced Privacy, Fireplace, Hot Tub, Patio Covered, Patio Open, Pool - Gunite Concrt, Pool - Heated, Pool - In-Ground, Porch, Shower, Sprinkler System, Summer Kitchen

Interior Features: 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, Washer/Dryer 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 W/IceMk, Smoke Detector, Stove/Oven Gas, Wine Refrigerator

Utilities: Electric, Gas - Natural, Phone, 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

Master Suite: MBath Double Vanity, MBath Dressing Area, MBath Separate Shwr, MBath Tile, MBath Walk-In Closet, MBed Balcony, MBed First Floor, MBed Sitting Area, MBed Walk-in Closet

Financing: Conventional, VA

Lot/Parcel Access: County Road, Paved Road

Lot Features: Cleared, Corner, Within 1/2 Mile to Water

Zoning: County, Resid Single Family

Schools

Elementary School: Van R Butler Middle School: Emerald Coast High School: South Walton

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This listing provided courtesy of The Premier Property Group.
This information was last updated on 12/18/2025 10:00:28 PM.

All information in this listing is approximate. Buyers are expected to verify any specific information prior to signing any contract. Neither Brandon Jordan, ERA American Real Estate, ECAR, nor any other Realtor is liable for any inaccuracies herein.
All listings are provided courtesy of the Emerald Coast Association of Realtors, copyright 2025. All rights reserved.


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