1848 E County Hwy 30A, 5, Santa Rosa Beach, FL 32459 (MLS# 972400)

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1848 E County Hwy 30A, 5, Santa Rosa Beach, FL 32459

$4,330,000

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 2,805 Status: Active

Current Price: $4,330,000 List Date: 3/28/2025 Last Modified: 7/10/2025

Description

Discover the essence of beachfront living in Watercolor. Embrace a rejuvenating retreat overlooking pristine dunes. Projected to produce $297K in rental income annually, this beachfront escape is a top-producing investment property positioned in one of 30A's finest communities. Capturing sweeping Gulf views across a large beachfront balcony, this coastal escape displays the best that Watercolor has to offer. Enjoying unmatched amenities and a prime location, this rare four bedroom unit has a split level floor plan which lives like a home. Nestled in an exclusive gulf-front development, you are able to enjoy a community pool and private parking garage.

Supplements: The second level showcases striking Gulf views from the oversized beachfront balcony. The first level also has a huge covered deck offering direct access out to the pool & beach. The development has an elevator from the parking garage. The unit comes with a dedicated parking space in the garage and an outside space as well. This gorgeous beachfront residence will be sold fully-furnished making for a seamless purchase. This wonderful escape can host up to 10 guests and has proven success as a vacation rental with official rental projections at $162,350 per year. Rental income history, rental income projections & estimated expenses are available by request. Also inquire to receive more details on an assumable loan from the seller for $1,750,000 at 3.99% interest. This outstanding getaway is just a short stroll from the private beach access, Watercolor Beach Club, Camp Watercolor, Seaside and all the amazing dining & shopping options nearby. * Availability for showings: July 10th, 15th, 16th, 17th, 20th, 21st, 22nd & 28th *

More Information MLS# 972400

Status Change Info

Status: Active

Contract Info

List Date: 2025-03-28 Current Price: $4,330,000 List Price: $4,330,000 List Price/SqFt: 1543.67 Listing Board: Emerald Coast

Location Tax and Legal

Area: 18 - 30A East Street #: 1848 Street Name: E County Hwy 30A State: FL Zip Code: 32459 County: Walton Project Name/Subdivision: WATERCOLOR Parcel ID: 15-3S-19-25409-000-0050

General Property Info

Sub-Type: Condominium Design: N/A Apx SqFt(Htd/Cooled): 2805 SqFt Source: Building Plan Bedrooms: 4 Full Baths: 3 Total Bathrooms: 3 Stories In Unit: 2 Unit Floors Above Ground: 2 Year Built: 2001 Garage: Yes Carport: No Garage Spaces: 1 Driveway Spaces: 1 Assigned Spaces: 2 Pool: Yes Pool Type: Community

Property Features

Construction Status: Construction Complete Waterfront: Gulf Parking Features: Garage Project Facilities: BBQ Pit/Grill; Beach; Deed Access; Dock; Elevators; Pool; Short Term Rental - Allowed; Waterfront Exterior: Balcony Interior: Furnished - All; Renovated Appliances: Cooktop; Dishwasher; Dryer; Microwave; Oven Self Cleaning; Refrigerator; Stove/Oven Gas; Washer Utilities: Electric; Gas - Natural; Public Sewer; Public Water Energy: AC - Central Elect Master Bedroom: Second Kitchen: Second Rooms: Balcony; Bonus Room; Kitchen; Master Bathroom; Master Bedroom Fees Include: Accounting; Insurance; Internet Service; Trash

Room Information

Kitchen Level: Second Dimensions: 13 x 16 Length: 13.00 Width: 16.00 Dimensions: 13 x 16 Balcony Level: Second Dimensions: 33 x 8 Length: 33.00 Width: 8.00 Dimensions: 33 x 8 Balcony Level: First Dimensions: 33 x 8 Length: 33.00 Width: 8.00 Dimensions: 33 x 8 Master Bedroom Level: Second Dimensions: 15 x 20 Length: 15.00 Width: 20.00 Dimensions: 15 x 20 Master Bathroom Level: Second Dimensions: 9 x 15 Length: 9.00 Width: 15.00 Dimensions: 9 x 15 Bonus Room Level: First Dimensions: 12 x 9 Length: 12.00 Width: 9.00 Dimensions: 12 x 9

Listing Office: 30A Homes Sales

Last Updated: July - 10 - 2025

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