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$4,295,000
370 Days On Site

17 Penny Lane
Santa Rosa Beach, FL 32459

For Sale|Single Family Residence|Active
10
Beds
11
Total Baths
9
Full Baths
2
Partial Baths
6,413
SqFt
$670
/SqFt
2022
Built
Subdivision:
Penny Lane
County:
Walton
Listing courtesy of Christy R Leipprandt of The Premier Property Group
Call Now: 850-502-3422
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850-502-3422
17 Penny Lane17 Penny Lane17 Penny Lane17 Penny Lane
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TURNKEY GULF-VIEW INVESTMENT | SLEEPS 28 |$387K+ ANNUAL RENTAL INCOME | NO HOALocated just steps from Ed Walline Beach Access, this 10-bedroom, 11-bath luxury Gulf-view home is a rare opportunity to acquire a high-performing short-term rental on the West End of Scenic Highway 30A. With $387,936 in documented 2024 rental income, this property delivers immediate cash flow and proven ROI in one of 30A's strongest rental corridors.Designed for large-group accommodations, the home features a living area on every floor, allowing guests to spread out while maintaining comfort and privacy. Multiple primary suites offer private balconies with Gulf views, creating premium booking appeal and maximizing nightly rental rates. An elevator services all levels, and laundry rooms on every floor add convenience for high-occupancy stays and extended bookings. The property includes expansive open-concept gathering spaces, multiple Gulf-view balconies, a private pool and spa, and seamless indoor-outdoor living. The layout is optimized for retreats, multi-family vacations, and group travel--driving consistent demand and repeat bookings. Situated in one of 30A's most desirable communities, guests enjoy immediate access to beaches, restaurants, shopping, coffee shops, and entertainment. The combination of beach proximity, Gulf views, and high sleeping capacity makes this home a standout among luxury vacation rentals. Offered fully furnished and turnkey, this property allows investors to step directly into income production. Priced at one of the lowest price-per-square-foot opportunities on the West End of 30A, this is a rare chance to own a premier Gulf-view investment property with scale, efficiency, and proven performance. A top-tier 30A short-term rental with luxury amenities, operational efficiency, and exceptional income history.

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Listing Snapshot
Price 
$4,295,000
Days On Site 
370 Days
Bedrooms 
10
Inside Area (SqFt) 
6,413 sqft
Total Baths 
11
Full Baths 
9
Partial Baths 
2
Lot Size 
0.34 Acres
Year Built 
2022
MLS® Number 
991482
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
5 days agoListing updated with changes from the MLS®
6 days agoStatus changed to Active
a year agoListing first seen on site
General Features
Acres 
0.34
Attached Garage 
Yes
Garage 
Yes
Garage Spaces 
2
Number Of Stories 
3
Parking 
Garage Door OpenerAttached
Property Sub Type 
Single Family Residence
Security 
Smoke Detector(s)
Sewer 
Public Sewer
SqFt Total 
6413
Style 
Beach House
Utilities 
Cable Available
Water Source 
Public
Zoning 
County,Resid Single Family
Interior Features
Appliances 
CooktopDishwasherDouble OvenDryerFreezerRefrigeratorGas CooktopIce MakerMicrowaveDisposal
Cooling 
Ceiling Fan(s)Central Air
Fireplace Features 
Gas
Flooring 
HardwoodTile
Heating 
ElectricCentral
Interior 
Breakfast BarElevatorKitchen IslandWet BarPantry
Laundry Features 
Laundry Room
Spa 
Yes
Bedroom 
Dimensions - 14 x 18Area - 252
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Exterior Features
Exterior 
Balcony
Lot Features 
ClearedCorner Lot
Patio And Porch 
CoveredPatioPorch
Pool Features 
Outdoor PoolIn GroundPrivate
Private Pool 
Yes
Roof 
Tile
Spa 
Yes
View 
Water
Waterview 
Water
Community Features
MLS Area 
17 - 30A West
Schools
School District
Unknown
Elementary School
Van R Butler
Middle School
Emerald Coast
High School
South Walton
Listing courtesy of Christy R Leipprandt of The Premier Property Group



Listing information is provided by Participants of the Emerald Coast Association of Realtors MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Emerald Coast Association of Realtors MLS.
Last checked: 2025-12-23 04:41 PM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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