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For sale
  • $5,500,000

    485 Old Beach Rd, Santa Rosa Beach, FL 32459

    5beds
    2,351sqft
    : 
    $35,057/mo
    Get pre-qualified
    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
    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.
    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#: 1012886MLS Logo

      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

        DateEventPrice
        9/28/2026Listed for sale$5,500,000$2,339/sqft
        Source: ECAOR #1012886 Report a problem

        Public tax history

        YearProperty taxesTax 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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        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.
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        Climate risks

        Neighborhood: 32459

        Getting around

        26 / 100
        Car-Dependent
        36 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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