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For sale
  • $1,399,000

    156 Palmeira Way, Santa Rosa Beach, FL 32459

    4beds
    3,080sqft
    : 
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    Single Family Residence
    Built in 2006
    3,049 Square Feet Lot
    $1,324,300 Zestimate®
    $454/sqft
    $-- HOA

    What's special

    Oversized island with seatingImmediate walkable beach accessCarrara quartz countertopsFlexible sleeping arrangementsFrench oak hardwood flooringGated setting
    Steps to the Beach on 30A | Gulf-View Luxury Home with Low HOA & Rental Appeal Just steps from public beach access and offering Gulf views from multiple balconies, 156 Palmeira Way is a rare four-bedroom, five-bath luxury beach home in Seagrove Beach on 30A, perfectly positioned as a high-performing vacation rental or private coastal retreat—without the burden of high HOA fees. Located within the private, gated enclave of Palmeira Villas, this three-story residence spans over 3,000 square feet and is thoughtfully designed to support both elevated coastal living and strong short-term rental demand. Wraparound covered balconies on multiple levels capture Gulf breezes, peek-a-boo water views, and sunset skies—highly desirable features for vacation renters seeking proximity, views, and outdoor living space. The main living level features soaring 12-foot coffered ceilings, French oak hardwood flooring, and a bright open-concept layout that maximizes group flow—an essential component for large-family and multi-couple rental bookings. The gourmet kitchen, complete with custom cabinetry, Carrara quartz countertops, and an oversized island with seating, anchors the home as an ideal gathering space for entertaining and extended stays. The spacious primary suite offers a spa-like retreat, while three additional ensuite bedrooms provide privacy, flexibility, and comfort—allowing the home to comfortably accommodate larger groups and maximize rental occupancy. Multiple living areas and well-separated bedroom layouts make this property exceptionally well-suited for luxury vacation rental use on 30A. What truly sets this property apart is the rare combination of immediate walkable beach access and exceptionally low HOA fees, significantly reducing overhead and increasing net rental returns—an increasingly uncommon advantage in Seagrove Beach and throughout the 30A corridor. The two-minute walk to the beach, gated setting, and low-maintenance design enhance both guest experience and ownership efficiency. Ideally located near Seaside, Grayton Beach State Park, Eastern Lake, the 30A bike path, and the area's most sought-after dining and shopping destinations—including Greenway Station—this home benefits from consistent year-round rental demand driven by tourism, walkability, and location. Properties on 30A offering Gulf views, walkable beach access, flexible sleeping arrangements, low HOA fees, and strong short-term rental appeal are increasingly rare. 156 Palmeira Way represents a compelling opportunity for investors and lifestyle buyers alike in one of Florida's most resilient coastal markets. Inquire today to arrange a private showing. On 30A, homes with views, access, space, and low overhead are few and far between. This is one of them.
    158 days
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    954
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    59
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    Zillow last checked:

    Listing updated:

    Listed by:

    Rachel N Warrell 850-896-5899,

    eXp Realty, LLC

    Source: CPAR,MLS#: 783881MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Bedroom, Dining Room, Great Room, Kitchen, Primary Bathroom, Primary Bedroom
      Primary bedroom
      • Level: Second
      • Dimensions: 18 x 14
      Bedroom
      • Level: Second
      • Dimensions: 13 x 12
      Bedroom
      • Level: Third
      • Dimensions: 17 x 13
      Bedroom
      • Level: Third
      • Dimensions: 15 x 14
      Primary bathroom
      • Level: Second
      • Dimensions: 16 x 11
      Dining room
      • Level: First
      • Dimensions: 14 x 9
      Great room
      • Level: First
      • Dimensions: 24 x 14
      Kitchen
      • Level: First
      • Dimensions: 15 x 20
      Heating
      • Central, Electric
      Cooling
      • Central Air, Multi Units
      Features
      • Coffered Ceiling(s), Interior Steps
      Interior area
      • Total structure area: 3,080
      • Total interior livable area: 3,080 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Gated
      Features
      • Levels: Three Or More
      • Stories: 3
      • Patio & porch: Balcony, Covered, Open, Porch
      • Has view: Yes
      • View description: Gulf
      • Has water view: Yes
      • Water view: Gulf
      • Waterfront features: See Remarks
      Lot
      • Size: 3,049 Square Feet
      • Dimensions: 40 x 90 x 23 x 70
      Details
      • Parcel number: 243S19258000000060
      • Zoning description: Resid Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Mediterranean
      • Property subtype: Single Family Residence
      Condition
      • New construction: No
      • Year built: 2006

      Utilities & green energy

      • Sewer: Public Sewer
      • Utilities for property: Cable Connected, Electricity Available, Natural Gas Available, Sewer Available, Underground Utilities

      Community & HOA

      Community
      • Features: Gated, Short Term Rental Allowed
      • Security: Gated Community, Security Gate
      • Subdivision: Palmeira Villas At Seagrove
      HOA
      • Has HOA: Yes
      • Amenities included: Other, See Remarks, Beach Rights, Gated
      Location
      • Region: Santa Rosa Beach

      Financial & listing details

      • Price per square foot: $454/sqft
      • Tax assessed value: $1,378,560
      • Annual tax amount: $12,354
      • Date on market: 1/19/2026
      • Cumulative days on market: 157 days
      • Electric utility on property: Yes

        Estimated market value

        $1,324,300

        $1.26M - $1.39M

        $4,493/mo

        Price history

        DateEventPrice
        2/16/2026Price change$1,399,000-3.5%$454/sqft
        Source: ECAOR #993185 Report a problem
        1/19/2026Listed for sale$1,450,000-6%$471/sqft
        Source: eXp Realty #993185 Report a problem
        7/2/2025Listing removed$1,542,000$501/sqft
        Source: CPAR #762205 Report a problem
        5/15/2025Price change$1,542,000-0.4%$501/sqft
        Source: CPAR #762205 Report a problem
        4/22/2025Price change$1,548,000-0.1%$503/sqft
        Source: CPAR #762205 Report a problem
        3/20/2025Price change$1,549,000-0.1%$503/sqft
        Source: CPAR #762205 Report a problem
        3/17/2025Price change$1,550,000-2.5%$503/sqft
        Source: CPAR #762205 Report a problem
        3/7/2025Price change$1,590,000-0.3%$516/sqft
        Source: CPAR #762205 Report a problem
        2/13/2025Price change$1,595,000-5.6%$518/sqft
        Source: CPAR #762205 Report a problem
        1/21/2025Listed for sale$1,689,9990%$549/sqft
        Source: CPAR #762205 Report a problem
        10/18/2024Listing removed$1,690,000$549/sqft
        Source: CPAR #762205 Report a problem
        10/18/2024Price change$1,690,000-0.3%$549/sqft
        Source: CPAR #762205 Report a problem
        9/3/2024Listed for sale$1,695,000-3.1%$550/sqft
        Source: CPAR #762205 Report a problem
        7/16/2024Listing removed$1,750,000$568/sqft
        Source: ECAOR #951710 Report a problem
        6/6/2024Listed for sale$1,750,000+17.8%$568/sqft
        Source: ECAOR #951710 Report a problem
        5/26/2023Sold$1,485,000-6.6%$482/sqft
        Source: Public Record Report a problem
        5/21/2023Pending sale$1,590,000$516/sqft
        Source: ECAOR #911315 Report a problem
        5/16/2023Price change$1,590,000-3.6%$516/sqft
        Source: ECAOR #911315 Report a problem
        5/13/2023Pending sale$1,650,000$536/sqft
        Source: ECAOR #911315 Report a problem
        1/21/2023Price change$1,650,000-5.7%$536/sqft
        Source: ECAOR #911315 Report a problem
        11/7/2022Listed for sale$1,750,000+161.2%$568/sqft
        Source: ECAOR #911315 Report a problem
        12/18/2015Sold$670,000+24.1%$218/sqft
        Source: Public Record Report a problem
        8/11/2009Sold$540,000-22.9%$175/sqft
        Source: Public Record Report a problem
        4/6/2005Sold$700,000+52.2%$227/sqft
        Source: Public Record Report a problem
        10/11/2004Sold$460,000$149/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$12,592 +17.8%$1,378,560 +50.5%
        2023$10,687 +8.2%$915,984 +10%
        2022$9,877 +34.8%$832,713 +10%
        2021$7,328 +0.9%$757,012 +4%
        2020$7,263 +2.1%$727,568 +1.9%
        2019$7,112 $714,212 +1%
        2018$7,112 +5.1%$706,853 +19.8%
        2017$6,765 +15.6%$590,258 +6.3%
        2016$5,850 +5.3%$555,195 +10.8%
        2015$5,556 +9.1%$501,011 +5.2%
        2014$5,093 $476,366 +8.4%
        2013-- $439,349
        2012-- $439,349 -0.6%
        2011-- $441,824 -3.5%
        2010-- $457,803 -22%
        2009-- $587,153 -9.9%
        2008-- $651,510 -13.1%
        2007-- $749,710 +101.8%
        2005-- $371,500

        Find assessor info on the county website

        Monthly payment

        Est. payment

          Payment breakdown

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          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: 32459

          Getting around

          34 / 100
          Car-Dependent
          56 / 100
          Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Dune Lakes
          • Middle: Emerald Coast
          • High: South Walton

          Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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