TURNKEY GULF-VIEW INVESTMENT | SLEEPS 28 |$387K+ ANNUAL RENTAL

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Home For Sale

17 Penny Lane

Santa Rosa Beach, Florida 32459

Walton County

Community: Penny Lane

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$4,295,000 10 br, 10.0 bath 6413 sq. ft. 0.340 acres

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.

Interior:
  • Bedrooms: 10
  • Baths: 10.0
  • Sq Ft: 6413
  • Year Built: 2022
  • Utilities: 
  • Fireplaces: Has Fireplace
  • Stories: 3
  • Heat/AC: Central
  • Garage: Garage, Covered
Exterior:
  • Lot Size: 0.340 acre
  • Lot Dimensions: 
  • View Types: 
  • Yard: 
  • Siding: Stucco, Trim Wood
  • Roof: 
  • Property Taxes: $28,559
  • Swimming Pool: Yes
  • MLS #: 991482
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Contact Information:
Beach Home For Sale in Santa Rosa Beach, Florida
Listing Agent: Christy R Leipprandt, The Premier Property Group, LLC, 850-543-3930, 850-337-1555 Listing Site, Listing Status: Active
Copyright © 2025 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 6969548
Viewed 4 times.
Updated: Dec 18, 2025

This property is a Home located at 17 Penny Lane, Santa Rosa Beach, Florida 32459, and is currently For Sale at $4,295,000. This Home has 10 bedrooms, 10.0 baths, 6413 sq ft.