Perched atop a sugar-white dune in the private, gated enclave of Old Florida Beach, this rare gulf-front lot offers both immediate rental income and long-term development potential. The existing home, spanning only half of the buildable footprint, generates nearly $200,000 in annual rental revenue and comfortably accommodates up to 14 guests. Priced at lot value based on recent sales on the west end of Scenic Highway 30A, this is a compelling opportunity to hold, collect, and plan.
The current residence offers classic coastal charm, featuring breezy porches, multiple balconies, and a walkway that leads directly to the shoreline. Inside, the open-concept main floor includes a large living area, dining space for six, and a generous kitchen with wraparound butcher block counters. Two guest rooms with twin queen beds share a hall bath on this level, while upstairs features two additional queen bedrooms with balcony access, a shared bath, and a spacious gulf-facing primary suite. The primary includes its own beachfront balcony, wet bar, and an ensuite with marble-tiled walk-in shower and granite-topped vanities.
Beyond the home itself, Old Florida Beach is a coveted low-density community with private beach access, a neighborhood pool, and a dock on Draper Lake -- one of the area's rare coastal dune lakes. From this tranquil location, you're minutes from Gulf Place, Seaside, Florida, and the Village of Baytowne Wharf, with dining, shops, and entertainment close by. Bring a buyer, builder, or investor ready to envision a future gulf-front masterpiece, while letting the current home pay its way in the meantime.
For sale
$5,500,000
485 Old Beach Rd, Santa Rosa Beach, FL 32459
5beds
2,351sqft
Single Family Residence
Built in 1996
0.56 Acres Lot
$-- Zestimate®
$2,339/sqft
$-- HOA
What's special
Classic coastal charmBalcony accessPrivate beach accessBreezy porchesDock on draper lakeDining space for sixGranite-topped vanities
- 32 days
- 863
- 64
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Snelling Team tim@scenicsir.com,
Scenic Sotheby's International Realty
Source: ECAOR,MLS#: 1012886
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Primary bedroom
- Description: Gulf Front Balcony
- Level: Second
- Area: 520 Square Feet
- Dimensions: 20 x 26
Bedroom
- Description: Front Porch
- Level: First
- Area: 192 Square Feet
- Dimensions: 16 x 12
Bedroom
- Description: Front Porch
- Level: First
- Area: 176 Square Feet
- Dimensions: 16 x 11
Bedroom
- Description: Back Porch
- Level: Second
- Area: 144 Square Feet
- Dimensions: 12 x 12
Bedroom
- Description: Back Porch
- Level: Second
- Area: 144 Square Feet
- Dimensions: 12 x 12
Primary bathroom
- Level: Second
- Area: 90 Square Feet
- Dimensions: 10 x 9
Kitchen
- Level: First
- Area: 336 Square Feet
- Dimensions: 24 x 14
Living room
- Level: First
- Area: 168 Square Feet
- Dimensions: 14 x 12
Heating
- Heat High Efficiency, Natural Gas
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
Features
- Windows: Window Treatments
- Furnished: Yes
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,351
- Total interior livable area: 2,351 sqft
Property
Parking
- Total spaces: 5
Features
- Stories: 2
- Patio & porch: Covered, Deck, Patio
- Exterior features: Balcony, Outdoor Shower
- Has view: Yes
- View description: Gulf
- Has water view: Yes
- Water view: Gulf
- Waterfront features: Gulf
Lot
- Size: 0.56 Acres
- Dimensions: 65' by 100'
- Features: Covenants, Within 1/2 Mile to Water
Details
- Parcel number: 113S20340200000060
- 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: 1996
Utilities & green energy
- Water: Public
Community & HOA
Community
- Features: Beach, Dock, Gated, Picnic Area, Pool, Short Term Rental - Allowed
- Subdivision: OLD FLORIDA BEACH
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds, Land Recreation, Management, Recreational Faclty
Location
- Region: Santa Rosa Beach
Financial & listing details
- Price per square foot: $2,339/sqft
- Tax assessed value: $3,984,126
- Annual tax amount: $35,913
- Date on market: 9/28/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/28/2026 | Listed for sale | $5,500,000$2,339/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $35,914 +9% | $3,966,181 +10% |
| 2024 | $32,935 +4.8% | $3,605,619 +5.6% |
| 2023 | $31,414 +9.2% | $3,413,939 +10% |
| 2022 | $28,762 +30.3% | $3,103,581 +39.8% |
| 2021 | $22,081 +8.2% | $2,220,582 +10% |
| 2020 | $20,403 +6.8% | $2,018,711 +10% |
| 2019 | $19,109 | $1,835,192 +2.6% |
| 2018 | $19,109 +10.8% | $1,789,315 +2.6% |
| 2017 | $17,248 +6.5% | $1,743,793 +7.9% |
| 2016 | $16,190 +7.7% | $1,616,745 +19.6% |
| 2015 | $15,032 +13.3% | $1,352,218 +11.9% |
| 2014 | $13,269 | $1,207,943 +16.6% |
| 2013 | -- | $1,035,917 +3.3% |
| 2012 | -- | $1,002,442 +1.4% |
| 2011 | -- | $988,628 -3.3% |
| 2010 | -- | $1,022,484 -32.9% |
| 2009 | -- | $1,524,013 -18.4% |
| 2008 | -- | $1,867,071 -8.3% |
| 2007 | -- | $2,035,276 +28.3% |
| 2005 | -- | $1,586,128 +31.6% |
| 2004 | -- | $1,205,241 +17.8% |
| 2003 | -- | $1,022,991 +31.7% |
| 2002 | -- | $776,730 +14.1% |
| 2001 | -- | $680,470 |
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: Van R Butler
- 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.





