Property
Beds
3
Full Baths
2
1/2 Baths
None
Year Built
2006
Sq.Footage
1,252
Price Improvement! 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.
Features & Amenities
Interior
-
Total Bedrooms
3
-
Bathrooms
2
Area & Lot
-
Lot Size(acres)
0.28
-
Property Type
Residential
-
Architectural Style
Cabin
Exterior
-
Garage
No
-
Construction Materials
Block, Frame
Financial
-
Sales Price
$499,000
-
Zoning
Resid Single Family
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Location
County
Walton
Elementary School
Van R Butler
Middle School
Emerald Coast
High School
South Walton
Listing Courtesy of Bridgett L Hall-Cotton , A List Beach Realty LLC
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Broker Associate
KarenHolder
Call Karen today to schedule a private showing.
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