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With an average review of 4.8 stars, plus 2018 gross rental income of 224K and 2019 of 213K, this income-generating property is a must see! The 10-unit community is beautifully landscaped and each cottage has been well-maintained with upgrades to kitchens and bathrooms in late 2019. There are 8 one-bedroom, one bathroom (396 square feet, sleeps 4) and 2 two bedroom, one bathroom (728 square feet, sleeps 6) modular built cottages. All cottages have a full kitchen, walk-in shower, sleeper sofa, dining area and A/C. Each cottage has a private sitting porch, dedicated parking space, outdoor grill, picnic table, Direct TV and high-speed wireless internet. There is potential for a buyer to remove the existing cottages and built 10 single-family dwellings. Buyer to verify all information.

Miramar Beach

2 Miramar Court

None Beds

None Baths

N/A

$2,450,000

MLS#: 848861

Alys Beach

57 Governors Court

4 Beds

4 Baths

3,096 Sq.Ft.

$2,450,000

MLS#: 753665

When someone says a ''house is a unicorn,'' it means they are describing a home that is considered nearly impossible to find, with perfect features, qualities, and development possibilities that it's essentially mythical like a unicorn.

You will love the open floor plan! Stained concrete floors, vaulted ceilings, quartz counter tops. A full chef's kitchen with stainless and solid surfaces . Just down the hallway is the Primary Suite with a King bed which includes a totally renovated Primary bathroom.(new pictures coming soon) There is a large walk-in closet. The other two spacious guest bedrooms have Queen beds. Wake up in any of these bedrooms to the warming sunlight draping in from your adjoining doors that leads you out to the beautiful courtyard. Another full bathroom sits between the two bedrooms and the adorable twin bunk-bed located in the main hallway. Outside the cottage is 821 sf of relaxing outdoor living area and covered porch and loggia. The home is directly across from the Owner's Pavilion.
Based upon the information reviewed by Town Architect it appears that there is 811 SF remaining that could be constructed as impervious and result in in the allowed 50% impervious coverage. Add a carriage house and/or pool. On expanding the house footprint, the Urban regulations limits the width of the house wings to 25'. Enlarging the footprint would need to comply with the Urban and Architectural Regulations adding a second story to the house. Any house on the Type IX House/Lot type is allowed to be two stories.

Inlet Beach

20 W Kingston Road

3 Beds

2 Baths

1,530 Sq.Ft.

$2,450,000

MLS#: 969290

Home is located in the Gulf front community of Carillon Beach. This fabulous beach home could be your ''perfect'' second home or an excellent vacation rental home. It is not currently a rental but has a good rental history. The house is across the street from the beach crossover. The home has double loaded front porches, two large Master Bedrooms upstairs with ensuite bathrooms, a first floor guest room, an additional bunk room, full bath, living room, dining area, wet bar, and great kitchen with island. Lot is large enough for a guest house, pool or garage

Panama City Beach

309 Beachside Drive

4 Beds

3 Baths

1,792 Sq.Ft.

$2,450,000

MLS#: 1006803

Nestled within the sought-after and quiet community of Lakeview, this exceptional custom residence, built by Turner Custom Homes and thoughtfully designed by Archiscapes, offers the ideal blend of craftsmanship, privacy, and coastal living. Situated along the peaceful shores of Tresca Lake, the property enjoys no neighbors directly behind and generous separation from surrounding homes, creating a rare sense of seclusion just moments from the beach.
Designed with both everyday living and entertaining in mind, the spacious open-concept floor plan features a large living area that flows seamlessly from the oversized kitchen, creating a welcoming space for gathering with family and friends. A first-floor bedroom provides flexibility for guests or multigenerational living, while the primary suite offers added convenience with a secondary laundry area located within the expansive walk-in closet.
Outdoor living takes center stage with a large private pool, screened-in porch ideal for year-round dining and relaxation, and a private setting that embraces the natural beauty of the lakefront surroundings. The oversized garage is a rare find, offering enough space to accommodate a bay boat while still providing room for vehicles, storage, and recreational equipment. An expansive driveway further enhances the property's functionality, providing ample parking for family and guests alike. With no HOA, beach access within walking distance, and a floor plan equally suited for a primary residence, vacation retreat, or investment property, 376 Lakewood Drive presents a rare opportunity to own a thoughtfully crafted home in one of the area's most desirable coastal neighborhoods. From its quality construction and timeless design to its unmatched privacy and location, this is coastal beach living at its finest.

Santa Rosa Beach

376 Lakewood Drive

4 Beds

4 Baths

3,056 Sq.Ft.

$2,450,000

MLS#: 1005325

Miramar Beach

17 Boswells Court

7 Beds

6 Baths

4,100 Sq.Ft.

$2,450,000

MLS#: 995142

Santa Rosa Beach

385 Wilderness Way

4 Beds

3 Baths

2,128 Sq.Ft.

$2,450,000

MLS#: 981965

Inlet Beach

36 Green Street

None Beds

None Baths

0.17 acres

$2,450,000

MLS#: 1003687

Investors Dream with rental projections of over $260,000.00! This home was completed in 2017 and features 8 bedrooms 8 1/2 baths and 5,643 sq. ft. of living space. Home is permitted to sleep 30 and has parking for 8 cars. The home is fully upgraded with high end features to include custom pool with hot tub, swim up bar and covered outdoor kitchen, Chef's kitchen, elevator, custom baths and large master suite. Dunes of Destin is an exclusive gated community in the heart of Destin and offers private beach access steps from the home, a community pool, gazebos, and a private lake with beautiful fountains. Home has been well maintained by the current owner and will provide a lifetime of memories for the new owners.

Destin

3892 Sandprint Drive

8 Beds

8 Baths

5,643 Sq.Ft.

$2,449,000

MLS#: 858505

Take Five is the quintessential beach cottage, offering an envied location just four houses north of 30A and one block to Downtown's shops, restaurants, and amphitheater. The west-end pool is a quick stroll away, and the beach is even closer!!

First to greet you is a wrap-around porch furnished for your outdoor living and enjoyment. Savor that first cup of coffee at daybreak, dine alfresco throughout the day, or enjoy a peaceful winddown at day's end with your favorite beverage. Once you've entered the home, the ever-popular great room is exactly that! The combined living and dining room is large, topped with a vaulted ceiling, and adorned with plenty of windows. The adjacent kitchen with dining bar-seating, is spacious and assures everyone is included in the fun. Two guest bedrooms, one with en-suite bath, are located on the first floor, as is the laundry facility.

The entire second floor is the master suite- bedroom with en-suite bath, dressing/vanity room, and your very own screened porch with twin chaise lounges. This little treetop oasis affords your peace and privacy from sun-up to sun-down.

The property, which also allows for a guest house, is all about location, location, location!

Santa Rosa Beach

39 W Ruskin Street

3 Beds

3 Baths

1,575 Sq.Ft.

$2,447,000

MLS#: 948252

MOTIVATED SELLER!!!
Seller is offering creative financing.

Spacious and thoughtfully updated, this beach home is located in the highly sought-after Crystal Beach community of Destin, Florida, just half a block from the beach. Offering approximately 4,100 square feet, this 9-bedroom, 6 bath, which includes 2 Jack-and-Jills and an elevator servicing all levels. The home is designed for both comfort and performance as a strong income-producing rental or exceptional second home.
The open-concept main living area on the first floor features a large kitchen and living space with abundant seating, ideal for hosting groups and gatherings. The home has been professionally designed and decorated, with new flooring throughout, extensive trim and crown molding in every room, and complete interior and exterior paint completed in 2024. The kitchen and bathrooms were remodeled in 2025, adding modern finishes and functionality.
Outdoor living is a highlight, featuring an upscale pool and spa added in 2024, along with a newly added gazebo, lighting, and furnishing; perfect for relaxing after a day at the beach. The second floor offers an additional sitting area, and the home includes over 800 square feet of porches, extending the living space outdoors. All bedrooms are generously sized, including an expansive primary suite with a large en-suite bathroom and a private washer and dryer located within the primary closet. With its prime location, substantial updates, and strong rental appeal, this property presents an outstanding opportunity in one of Destin's most popular beachside neighborhoods.

Destin

92 Woodward Street

9 Beds

5 Baths

4,102 Sq.Ft.

$2,447,000

MLS#: 994211

#951437

Inlet Beach

101 Carson Lane Lane

6 Beds

7 Baths

3,668 Sq.Ft.

$2,445,000

MLS#: 951437

Astonishing views of the Gulf of Mexico along with incredible architecture exemplify this fully renovated luxury duplex situated steps away from the sugar white sands of the Emerald Coast! Located in Seagrove Beach, 156 Chivas Lane offers two separate units each containing four bedrooms and four bathrooms. Exclusive beach access is deeded to this property located at the end of the private street. Offered professionally furnished, this property includes lavish fixtures, designer finishes, a vast rooftop terrace, private pool, large lot, two separate two car garages, an open concept living space, chef's kitchen, and much more! Renovations include all new exterior siding; a new roof; new handrails; new decking; new impacted rated windows; fresh exterior and interior paint; new flooring; new trim; new countertops; new appliances; new custom tile; etc. Positioned in the heart of Seagrove, this estate offers outstanding access to enjoy all 30A offers including the sugar white sands, emerald waters, world-class fishing, first-rate dining and luxury shopping.

The thoughtful floor plan showcases each unit's luxury open concept great room on the third level of the home. From this incredible space, views of the emerald waters can be viewed. A gourmet chef's kitchen featuring a large island and custom cabinetry; along with a spacious dining space, expansive living area, exposed brick walls, cedar wood ceilings and custom trim are relished throughout this level. Additionally, on this floor you will find a roomy guest bedroom and bathroom.

On the second level of each unit, a striking foyer greets your guests. Two large master suites are located just off this entry way. Each suite offers a large bathroom with double vanities, a walk-in shower, spacious closets, designer fixtures and custom tile work. As you travel to the ground floor of each unit you will find a beautiful owner's access and sizable laundry facility. Additionally, the bunk bedroom and bunk bathroom found off the first-floor hallway.

As you exit the rear of the home you will see the large private pool and deck area. Each unit features an outdoor grilling and entertaining space for al fresco dining. The undeveloped back end of the property offers additional space to add a beach volleyball court, bocce court or additional deck space. Lots this size are a rare find along 30A. With great rental income, this property makes the perfect second home or investment property. Containing multiple units offers the flexibility to rent only portions of the property while maintaining secluded owner's quarters. Do not miss this extremely rare opportunity to own one of the few multi-unit properties on 30A!

Buyer to verify all dimensions.

Santa Rosa Beach

156 Chivas Lane

8 Beds

8 Baths

5,432 Sq.Ft.

$2,445,000

MLS#: 815172

Spectacular Legacy Florida Home located on 5 acres with 252 Bayfront feet on coveted Cape San Blas. Offerings like this rarely come to the market as they present an opportunity to purchase a legacy homestead and/or develop the parcel into a multi-family development. This home is one-in-a-million, a rare gem, and has served as a place of refuge and family fun for vacationers nationwide. The current owner self-manages this beautiful property. This home has custom hardwood floors, custom cabinetry, and wooden decks surrounding the property with a pool and 500-foot dock.
Oak floors and ceilings abound, giving his home a historic Florida cottage feel with consistent wood accents. Many describe it as "Old Florida". The house matches the setting immaculately.
The porches on this home overlook the Bay of Cape San Blas, and even the two master bedrooms have private porches.
An elevator is positioned at the bottom level of the home, giving easy access to the main living area.
The living room is massive, and the kitchen opens into the living space with an informal dining area perfect for family entertainment.
Prepare to be amazed when you tour this expansive 5-acre property.
A 5-acre legacy parcel, unfortunately, never (if ever) comes to market, so please be sure to schedule your tour today.

Port St Joe

191 Bamboo Lane

6 Beds

4 Baths

4,496 Sq.Ft.

$2,445,000

MLS#: 740056

This inviting design by Steve Mouzon captivates you immediately upon entering the Zaguan entry to the courtyard. Upon passing through the nautical rope curtain to the courtyard, you feel as if you were lifted to a new dimension.
This 3 bedroom, 3.5 bath, 2,584 square foot courtyard home provides indoor & outdoor living experiences like none other. The breath taking first floor master bedroom provides privacy from the common areas of the home allowing for complete relaxation.
The home features an open kitchen looking over the courtyard. Natural light transcends the home showcasing the beautiful reclaimed Red Gum cabinets and wood inlays throughout the home. The kitchen is equipped with Thermador stainless steel appliances, limestone countertops and custom red gum cabinets. The outdoor grill is steps from the kitchen.

The details of the home need to be viewed to see features such as the Bishop's Hat vault over the dining table.

The living area and dining room open to the private courtyard with lush landscaping and soothing fountain. The courtyard living is unforgettable given its array of furnishings, landscaping, and fountain.

The second floor offers two generous bedrooms with private baths along with a quaint reading nook at the stair landing. . Built to FORTIFIED for Safer Living® standards the home is located very close to Fonville Park and a short stroll to the Gulf Green. This property is being offered with professionally installed furnishings.

Alys Beach

46 N Charles Street

3 Beds

3 Baths

2,584 Sq.Ft.

$2,445,000

MLS#: 843573

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