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17 Penny Lane, Santa Rosa Beach, FL 32459

Local realty services provided by:CENTURY 21 Ryan Realty
17 Penny Lane,Santa Rosa Beach, FL 32459
$4,295,000
  • 10 Beds
  • 11 Baths
  • 6,413 sq. ft.
  • Single family
  • Active
Listed by: christy r leipprandt, tony r manthey
Office: the premier property group
MLS#:991482
Source:FL_ECAR

Price summary

  • Price:$4,295,000
  • Price per sq. ft.:$669.73

About this home

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

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Home facts

  • Year built:2022
  • Listing ID #:991482
  • Added:500 day(s) ago
  • Updated:December 18, 2025 at 10:34 PM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:11
  • Full bathrooms:9
  • Half bathrooms:2
  • Living area:6,413 sq. ft.

Structure and exterior

  • Year built:2022
  • Building area:6,413 sq. ft.
  • Lot area:0.34 Acres

Schools

  • High school:South Walton
  • Middle school:Emerald Coast
  • Elementary school:Van R Butler

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$4,295,000
  • Price per sq. ft.:$669.73
  • Tax amount:$28,559 (2023)
The information being provided by Emerald Coast Association Of REALTORS® is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Emerald Coast Association Of REALTORS®. CENTURY 21 Ryan Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Ryan Realty, a broker participant of Emerald Coast Association Of REALTORS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Emerald Coast Association Of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2025 Emerald Coast Association Of REALTORS®. All rights reserved.

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