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73 Dune Drive, Santa Rosa Beach, FL 32459

$1,349,000
Property Type: Residential Bedrooms: 3 Baths: 5 Square Footage: 2,919 Lot Size (sq. ft.): 9,583 Status: Active
Current Price: $1,349,000 List Date: 9/27/2025 Last Modified: 3/13/2026

Description

Great opportunity for a fixer upper than could become a great family home or vacation property. This home has great potential. Located on the highly sought-after west end of Scenic Hwy 30A, this property presents a compelling opportunity for investors or buyers seeking to create value in one of the area's most desirable beach communities. Situated on approx. a quarter-acre lot, the home features a newly constructed 1,687 SF wing that adds substantial living space, including an owner's suite, additional living area, and 3 full bathrooms, providing a strong foundation for expansion or future redevelopment. The original structure, a 2-bedroom, 2-bath home built in 1974 and located behind the new wing, is considered a tear-down, offering a blank canvas for redevelopment.

Supplements: Builder estimates indicate an approx. construction cost of $900K, including demolition of the original structure, to build a new 2,432 SF residence with finishes comparable to the existing addition. This would bring the total living area to approx. 4,119 SF, offering 5 bedrooms and 5 bathrooms. Development plans and rental projections are available for review and are located on the kitchen counter. The location is exceptional, with 4 nearby beach accesses, including the Dune Allen Regional Beach Access conveniently located at the end of the street. Outdoor enthusiasts will enjoy being near Topsail Hill Preserve State Park, known for its 3.2 miles of beaches, dune lakes, scenic trails, and natural beauty. From an investment perspective, the property offers attractive rental potential, with projected annual rental income of approximately $133.7K increasing to $149.6K with the inclusion of a golf cart for guest use. This rare combination of location, flexibility, and income potential makes the property a standout opportunity along the Emerald Coast. The lifestyle is further enhanced by a variety of nearby dining, shopping, and entertainment options, including waterfront views at Vue on 30A, local favorites such as Stinky's Fish Camp and Shunk Gulley, and the boutiques and restaurants of Gulf Place, all just minutes away. Whether remodeling, rebuilding, or reimagining, this property offers a prime location and the flexibility to create a truly custom coastal retreat along 30A. Schedule your private showing today to explore the full scope of possibilities this unique investment opportunity presents.

More Information MLS# 986344

Contract Info

Listing Board: Emerald Coast List Price/SqFt: 462.14 List Date: 2025-09-27 Current Price: $1,349,000 List Price: $1,349,000

Location, Tax and Legal

Sub Area: 1701 - Santa Rosa Beach S of 98 West of 393 Elementary School: Van R Butler Middle School: Bay High School: South Walton Legal Description: LOT 25 BLK B OR 47-185 BEACH HIGHLAND 1ST ADD PB 3-50 OR 2497-1612 OR 3062-1802

General Property Info

Sub-Type: Detached Single Family Design: Beach House SqFt Source: Building Plan Immediate Occupancy: Yes Garage: No Carport: Yes Carport Spaces: 1 Driveway Spaces: 3 Pool: No Pool Type: None Apx SqFt(Htd/Cooled): 2919 Bedrooms: 3 Full Baths: 5 Total Bathrooms: 5 # Stories: 3 Year Built: 1974 Acreage: 0.22

Listing Info, Tax & Legal

Homestead: Yes Is Subject Leased: No Assessment Fees: No New Buyer Fee: No Last Taxes: 2494.05 Last Tax Year: 2024 Brokerage Interest: No Interest As Is: No

Remarks & Misc

Remarks: Great opportunity for a fixer upper than could become a great family home or vacation property. This home has great potential. Located on the highly sought-after west end of Scenic Hwy 30A, this property presents a compelling opportunity for investors or buyers seeking to create value in one of the area's most desirable beach communities. Situated on approx. a quarter-acre lot, the home features a newly constructed 1,687 SF wing that adds substantial living space, including an owner's suite, additional living area, and 3 full bathrooms, providing a strong foundation for expansion or future redevelopment. The original structure, a 2-bedroom, 2-bath home built in 1974 and located behind the new wing, is considered a tear-down, offering a blank canvas for redevelopment.

Construction Status

Construction Complete: 1

Parking Features

Carport Attached: 1

Lot/Parcel Access

Paved Road: 1

Lot Features

Within 1/2 Mile to Water: 1

Construction/Siding

Roof Metal: 1 Siding Wood: 1

Utilities

Electric: 1 Public Sewer: 1 Public Water: 1

Zoning

Resid Single Family: 1

Exterior

Balcony: 1 Fenced Lot-Part: 1 Porch: 1 Porch Screened: 1 Yard Building: 1

Interior

Ceiling Beamed: 1 Ceiling Vaulted: 1 Floor Tile: 1 Floor Vinyl: 1 Furnished - None: 1 Lighting Recessed: 1 Pantry: 1 Washer/Dryer Hookup: 1

Financing

Conventional: 1 FHA: 1 VA: 1 None: 1 Other: 1

Appliances

Dishwasher: 1 Refrigerator: 1 Stove/Oven Gas: 1

Energy

AC - Central Elect: 1 Ceiling Fans: 1 Water Heater - Gas: 1

Mstr Bdrm/Mstr Bath

MBath Double Vanity: 1 MBath Garden Tub: 1 MBath Separate Shwr: 1 MBath Tile: 1 MBed Balcony: 1 MBed Walk-in Closet: 1

Master Bedroom

Third: 1

Bedroom

First: 1

Kitchen

First: 1

Living Room

First: 1

Full Bathroom

First: 1 Second: 1

Rooms

Bedroom: 1 Dining Room: 1 Full Bathroom: 1 Kitchen: 1 Living Room: 1 Loft: 1 Master Bathroom: 1 Master Bedroom: 1

Status Change Info

Status: Active

Location Tax and Legal

Area: 17 - 30A West Street #: 73 Street Name: Dune Street Suffix: Drive State: FL Zip Code: 32459 County: Walton Project Name/Subdivision: BEACH HIGHLAND 1ST ADD Parcel ID: 04-3S-20-34020-00B-0250

Property Features

Construction Status: Construction Complete Lot Features: Within 1/2 Mile to Water Zoning: Resid Single Family Parking Features: Carport Attached Exterior: Balcony; Fenced Lot-Part; Porch; Porch Screened; Yard Building Interior: Ceiling Beamed; Ceiling Vaulted; Floor Tile; Floor Vinyl; Furnished - None; Lighting Recessed; Pantry; Washer/Dryer Hookup Appliances: Dishwasher; Refrigerator; Stove/Oven Gas Utilities: Electric; Public Sewer; Public Water Energy: AC - Central Elect; Ceiling Fans; Water Heater - Gas Master Bedroom: Third Bedroom: First Kitchen: First Living Room: First Full Bathroom: First; Second Rooms: Bedroom; Dining Room; Full Bathroom; Kitchen; Living Room; Loft; Master Bathroom; Master Bedroom Financing: Conventional; FHA; VA; None; Other

Room Information

Dining Room Level: First Dimensions: 29.41 x 16.83 Length: 29.41 Width: 16.83 Remarks: Dining/Living Combo Dimensions: 29.41 x 16.83 Kitchen Level: First Dimensions: 14 x 9.25 Length: 14.00 Width: 9.25 Dimensions: 14 x 9.25 Bedroom Level: First Dimensions: 13.83 x 11.66 Length: 13.83 Width: 11.66 Dimensions: 13.83 x 11.66 Bedroom Level: First Dimensions: 12.33 x 11.66 Length: 12.33 Width: 11.66 Dimensions: 12.33 x 11.66 Living Room Level: First Dimensions: 18.5 x 20 Length: 18.50 Width: 20.00 Remarks: new addition Dimensions: 18.5 x 20 Full Bathroom Level: First Dimensions: 7.2 x 5.9 Length: 7.20 Width: 5.90 Remarks: new addition Dimensions: 7.2 x 5.9 Loft Level: Second Dimensions: 19 x 8.3 Length: 19.00 Width: 8.30 Remarks: new addition Dimensions: 19 x 8.3 Full Bathroom Level: Second Dimensions: 9.6 x 8.3 Length: 9.60 Width: 8.30 Remarks: new addition Dimensions: 9.6 x 8.3 Master Bedroom Level: Third Dimensions: 20 x 14.1 Length: 20.00 Width: 14.10 Remarks: new addition Dimensions: 20 x 14.1 Master Bathroom Level: Third Dimensions: 16.11 x 7.1 Length: 16.11 Width: 7.10 Remarks: new addition Dimensions: 16.11 x 7.1
Listing Office: EXP Realty LLC
Last Updated: March - 13 - 2026
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.

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