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1848 e county hwy 30a

Santa Rosa Beach, FL 32459

$4,340,000

4 BEDS 3 BATHS
Residential - Condo
Price Changed
Image 1: Watercolor Beachfront #5-55
Image 2: Watercolor Beachfront #5-56
Image 3: Watercolor Beachfront #5-53
Image 4: Watercolor Beachfront #5-54
Bedrooms 4
Total Baths 3
Status Active
MLS # 972400
County Walton
More Info
Category Residential - Condo
Status Active
MLS # 972400
County Walton
Discover the epitome of beachfront living in Watercolor. Embrace a frequent and rejuvenating retreat overlooking pristine dunes with a premier location. Having generated $167K in rental income last year, this rare beachfront unit is a top-producing investment property positioned in one of 30A's finest communities. Capturing sweeping Gulf views across a large beachfront balcony, this coastal escape displays the best that Watercolor has to offer. Enjoying unmatched amenities and a prime location, this rare four bedroom unit has a split level floor plan which lives like a home. Nestled in an exclusive gulf-front development, you are able to enjoy a community pool and private parking garage. The second level showcases striking Gulf views from the oversized beachfront balcony. The first level also has a huge covered deck offering direct access out to the pool & beach. The development has an elevator from the parking garage. The unit comes with a dedicated parking space in the garage and an outside space as well. This gorgeous beachfront residence will be sold fully-furnished making for a seamless purchase. This wonderful escape can host up to 10 guests and has proven success as a vacation rental with official rental projections at $162,350 per year. Rental income history, rental income projections & estimated expenses are available by request. Also inquire to receive more details on an assumable loan from the seller for $1,750,000 at 3.99% interest. This outstanding getaway is just a short stroll from the private beach access, Watercolor Beach Club, Camp Watercolor, Seaside and all the amazing dining & shopping options nearby.
Location not available

Exterior Features

  • Style N/A
  • Construction Condo
  • Exterior Balcony
  • Garage No
  • Garage Description 1
  • Sewer Public Sewer

Interior Features

  • Appliances Cooktop, Dishwasher, Dryer, Microwave, Oven Self Cleaning, Refrigerator, Stove/Oven Gas, Washer
  • Year Built 2001

Neighborhood & Schools

  • Subdivision WATERCOLOR
  • Elementary School Dune Lakes
  • Middle School Emerald Coast
  • High School South Walton

Financial Information

  • Parcel ID 15-3S-19-25409-000-0050

Additional Services

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Listing Information

Listing Provided Courtesy of 30A Homes Sales
Emerald Coast Association of REALTORS
Listing data is current as of 07/01/2025.

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