A projected 9.7% gross rental yield leads the case for 3537 E. County Highway 30A, a Seagrove Beach residence designed from the start to perform as a luxury vacation rental. Seven bedrooms (plus bunk room), a heated pool terrace, a separate carriage house and parking for eight support projected rental income of $386,000. A first-year tax profile and a $50,000 property design credit at closing (with full price offer) add further value that investors will want to review.
Location does much of the work. The home sits along the most active stretch of Seagrove Beach on the east side of 30A, where guests can walk or bike to some of the corridor's most popular restaurants, including Café Thirty-A and Perfect Pig, along with coffee and shopping. One of the few gas stations on the east end of 30A is minutes away. Owners hold deeded beach rights and use of a private gated beach walkover across the street which is shared by a small group of Gulf Shore Manor homeowners. Additionally, the Pelayo St and the Santa Clara St public beach accesses are just steps away. Established neighborhoods to the north invite long bike rides, and Seaside is a short trip west.
Inside, 5,385 square feet across three levels is laid out for groups that travel together and book again. An elevator serves every floor. The first level holds three en suite guest bedrooms, including a large bunk suite, and a sitting room. The second level is the gathering floor, with a great room under soaring ceilings, open dining and a kitchen equipped with Sub-Zero and Wolf appliances, waterfall-edge countertops, an oversized island, a wet bar with beverage refrigeration and two Asko dishwashers for large-group cleanup. An en suite king bedroom completes the level.
Outside, the terrace opens to a heated private pool with a water feature, outdoor dining and a grilling station.
The third floor holds the primary suite, with vaulted ceilings, Gulf views, porch access and a spa bath with an oversized walk-in shower. The same floor includes a second guest king suite, a bunk room and a recreation lounge with a wet bar, wine refrigeration and an ice maker. Covered porches and balconies extend across all three levels.
Above the detached two-car garage, a carriage house offers its own living area, kitchenette, bedroom and bath. Rent it with the main house for larger groups, or reserve it for owner stays.
The first-year opportunity extends beyond rental revenue. A cost segregation analysis prepared by BAY Tax for this property outlines significant potential first-year bonus depreciation for a buyer who places the home in rental service. Paired with the projected income, that makes the first year of ownership unusually productive. The analysis is available to qualified buyers on request, and buyers should review it with their own CPA or tax adviser to confirm eligibility.
To ease the transition into rental service, the seller is offering a $50,000 property design credit at closing with a full price offer. A new owner can direct it toward new furnishings, landscaping or light updates and launch the home exactly as they want guests to see it.
Built in 2019, fully furnished and located where short-term rentals are permitted, this Seagrove Beach investment property arrives ready for its first rental season, with capital already set aside to make it the owner's own.
For sale
Price cut: $146K (9/2)
$3,999,000
3537 E County Highway 30a, Santa Rosa Beach, FL 32459
7beds
5,385sqft
Single Family Residence
Built in 2019
10,018 Square Feet Lot
$-- Zestimate®
$743/sqft
$-- HOA
What's special
Oversized islandElevator serves every floorHeated pool terracePorch accessGulf viewsEn suite king bedroomSitting room
- 177 days
- 387
- 52
Zillow last checked:
Listing updated:
Listed by:
The Neal Estate Group steve.neal@scenicsir.com,
Scenic Sotheby's International Realty
Source: ECAOR,MLS#: 1003466
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 9
- Full bathrooms: 7
- 1/2 bathrooms: 2
Primary bedroom
- Level: Third
- Area: 360 Square Feet
- Dimensions: 20 x 18
Bedroom
- Level: First
- Area: 144 Square Feet
- Dimensions: 12 x 12
Bedroom
- Level: First
- Area: 169 Square Feet
- Dimensions: 13 x 13
Bedroom
- Level: First
- Area: 224 Square Feet
- Dimensions: 16 x 14
Bedroom
- Level: Second
- Area: 182 Square Feet
- Dimensions: 14 x 13
Bedroom
- Level: Third
- Area: 224 Square Feet
- Dimensions: 16 x 14
Other
- Level: Third
- Area: 144 Square Feet
- Dimensions: 12 x 12
Great room
- Level: Second
- Area: 960 Square Feet
- Dimensions: 48 x 20
Recreation room
- Level: Third
- Area: 378 Square Feet
- Dimensions: 21 x 18
Sitting room
- Level: First
- Area: 168 Square Feet
- Dimensions: 14 x 12
Heating
- Central, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator, Washer, Tankless Water Heater
Features
- Crown Molding, Vaulted Ceiling(s), Kitchen Island, Recessed Lighting, Owner's Closet, Pantry, Shelving, Wet Bar, Elevator
- Flooring: Hardwood
- Has fireplace: Yes
- Fireplace features: EPA Qualified Fireplace, Gas
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 5,385
- Total interior livable area: 5,385 sqft
Video & virtual tour
Property
Parking
- Total spaces: 8
- Parking features: Garage Door Opener, Detached
- Garage spaces: 2
Features
- Stories: 3
- Patio & porch: Covered, Porch
- Exterior features: Outdoor Grill, Balcony
- Pool features: Heated
- Has view: Yes
- View description: Gulf
- Has water view: Yes
- Water view: Gulf
Lot
- Size: 10,018 Square Feet
- Dimensions: 77 x 154 x 73 x 132
Details
- Additional structures: Guest House
- Parcel number: 143S19250400170160
- Zoning description: Resid Single Family
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Beach House
- Property subtype: Single Family Residence
Materials
- Siding CmntFbrHrdBrd
- Roof: Metal
Condition
- Construction Complete
- New construction: No
- Year built: 2019
Utilities & green energy
- Water: Public
Community & HOA
Community
- Features: Beach, Fishing, Short Term Rental - Allowed
- Security: Smoke Detector(s)
- Subdivision: GULF SHORE MANOR
Location
- Region: Santa Rosa Beach
Financial & listing details
- Price per square foot: $743/sqft
- Tax assessed value: $3,488,409
- Annual tax amount: $31,520
- Date on market: 5/20/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/2/2026 | Price change | $3,999,000-3.5%$743/sqft |
Source: | ||
| 7/21/2026 | Price change | $4,145,000-1.2%$770/sqft |
Source: | ||
| 5/20/2026 | Listed for sale | $4,195,000-6.7%$779/sqft |
Source: | ||
| 3/30/2026 | Listing removed | $4,495,000$835/sqft |
Source: | ||
| 12/6/2025 | Listed for sale | $4,495,000-5.4%$835/sqft |
Source: | ||
| 4/14/2025 | Listed for sale | $4,750,000+1.2%$882/sqft |
Source: | ||
| 10/28/2024 | Listing removed | $4,695,000$872/sqft |
Source: | ||
| 8/26/2024 | Listed for sale | $4,695,000-5.2%$872/sqft |
Source: | ||
| 5/25/2024 | Listing removed | $4,950,000$919/sqft |
Source: | ||
| 4/29/2024 | Price change | $4,950,000-4.8%$919/sqft |
Source: | ||
| 4/4/2024 | Listed for sale | $5,199,000-6.3%$965/sqft |
Source: | ||
| 1/12/2024 | Listing removed | -- |
Source: | ||
| 9/17/2023 | Price change | $5,549,000-2.6%$1,030/sqft |
Source: | ||
| 6/7/2023 | Price change | $5,699,000-3.4%$1,058/sqft |
Source: | ||
| 5/18/2023 | Price change | $5,900,000-6.3%$1,096/sqft |
Source: | ||
| 4/25/2023 | Price change | $6,299,000-3.1%$1,170/sqft |
Source: | ||
| 4/21/2023 | Listed for sale | $6,500,000+27.5%$1,207/sqft |
Source: | ||
| 5/17/2022 | Listed for sale | $5,100,000+41.7%$947/sqft |
Source: | ||
| 6/7/2021 | Listed for sale | $3,600,000$669/sqft |
Source: | ||
| 3/12/2021 | Sold | $3,600,000+22.7%$669/sqft |
Source: | ||
| 1/3/2020 | Sold | $2,935,000+208.9%$545/sqft |
Source: | ||
| 9/1/2015 | Sold | $950,000$176/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $31,520 -18.7% | $3,488,409 -17.8% |
| 2024 | $38,778 +4.4% | $4,245,362 +5.4% |
| 2023 | $37,145 +9.5% | $4,026,761 +10% |
| 2022 | $33,925 +40.2% | $3,660,692 +46.5% |
| 2021 | $24,190 +32.2% | $2,499,094 +36.3% |
| 2020 | $18,299 +328.9% | $1,833,174 +326.7% |
| 2019 | $4,267 | $429,664 +3% |
| 2018 | $4,267 +2.6% | $417,150 +3% |
| 2017 | $4,159 +3.6% | $405,000 +5.9% |
| 2016 | $4,014 +4.9% | $382,500 -23.5% |
| 2015 | $3,828 -24.6% | $499,687 +10% |
| 2014 | $5,079 | $454,261 +20% |
| 2013 | -- | $378,551 +8.7% |
| 2012 | -- | $348,267 -12.6% |
| 2011 | -- | $398,475 -1.4% |
| 2010 | -- | $404,250 -30% |
| 2009 | -- | $577,500 -38.3% |
| 2008 | -- | $935,550 -10% |
| 2007 | -- | $1,039,500 +15.5% |
| 2005 | -- | $900,000 +200% |
| 2004 | -- | $300,000 -20% |
| 2003 | -- | $375,000 +106% |
| 2002 | -- | $182,000 +12% |
| 2001 | -- | $162,500 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 32459
Nearby schools
Schools provided by the listing agent
- Elementary: Dune Lakes
- Middle: Emerald Coast
- High: South Walton
Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






