21 Penny Lane, Santa Rosa Beach, FL 32459 (MLS# 901990)

21 Penny Lane, Santa Rosa Beach, FL 32459

$4,500,000

Property Type: Residential Bedrooms: 10 Baths: 11 Square Footage: 5,992 Lot Size (sq. ft.): 10,890 Status: Sold

Current Price: $4,500,000 List Date: 8/28/2023 Last Modified: 10/26/2024

Overview

Description

This incredible Multi-Family STR Luxury Compound is expecting over $530K in Rental Projections for 2023, with over $519K currently Completed/Pending so far this year!!! Indulge in the ultimate luxury beachside living experience! This stunning property comes fully furnished in high-end finishes and features every amenity imaginable. This spacious home also boasts an elevator that makes moving between floors a breeze, adding an extra touch of convenience and luxury. Located just steps from the turquoise waters and the white quartz sand beaches of Florida's famous Emerald Coast, this spacious home can accommodate extra large groups by comfortably sleeping 24; making it ideal for exclusive retreats, rentals, and events

Supplements: This extraordinary home is situated across from the sought after Gulf Place District of 30A. Relax in the many beautifully appointed living areas or unwind in one of the luxurious bedrooms. The incredibly designed 8 king master suites, 2 built in bunk rooms which each sleep 4, full-sized laundry on every floor, and all of the 9 full bathrooms are t ... (Read more)

Listing Details MLS# 901990

Status Change Info

Under Contract Date: 2023-10-16
Sold Date: 2023-11-22
Sold Price/SqFt: 751

Contract Info

List Price/SqFt: 767.69
Listing Board: Emerald Coast

Location Tax and Legal

Area: 17 - 30A West
Street #: 21
Street Name: Penny
Street Suffix: Lane
State: FL
Zip Code: 32459
County: Walton
Project Name/Subdivision: Colleen's Cove
Parcel ID: 02-3S-20-34160-000-0254

General Property Info

Sub-Type: Detached Single Family
Design: Beach House
Apx SqFt(Htd/Cooled): 5992
SqFt Source: Building Plan
Full Baths: 9
Half Baths: 2
Total Bathrooms: 11
# Stories: 3
Year Built: 2022
Immediate Occupancy: Yes
Garage: Yes
Carport: No
Garage Spaces: 2
Driveway Spaces: 5
Acreage: 0.25
Pool: Yes
Pool Type: Private

Location, Tax and Legal

Sub Area: 1703 - Santa Rosa Beach and S of 98 East of 393
Elementary School: Van R Butler
Middle School: Emerald Coast
High School: South Walton
Legal Description: COM SW/COR GOV LOT 25,S 87 DEG 52'57''E 133.00 FT FOR POB,N 02 DEG 58'03''E 110.08 FT,S 87 DEG 57'11''E 100.00 FT,S 02 DEG 55' 29''W 110.20 FT,N 87 DEG 52'57'' W 100.00 FT TO POB BEING IN SEC02-3S-20W OR 1241-59 OR 2905-2577 OR 2911-1409 OR 2933-4637 OR 3172-4806 OR 3183-1633

Listing Info, Tax & Legal

Who Paid Doc Stamps: Buyer
Who Paid Title: Buyer
Homestead: No
Is Subject Leased: No
Assessment Fees: No
New Buyer Fee: No
Brokerage Interest: No Interest
As Is: Yes

More Information

Remarks & Misc

Remarks: This incredible Multi-Family STR Luxury Compound is expecting over $530K in Rental Projections for 2023, with over $519K currently Completed/Pending so far this year!!! Indulge in the ultimate luxury beachside living experience! This stunning property comes fully furnished in high-end finishes and features every amenity imaginable. This spacious home also boasts an elevator that makes moving between floors a breeze, adding an extra touch of convenience and luxury. Located just steps from the turquoise waters and the white quartz sand beaches of Florida's famous Emerald Coast, this spacious home can accommodate extra large groups by comfortably sleeping 24; making it ideal for exclusive retreats, rentals, and events

Construction Status

Construction Complete: Yes

Parking Features

Garage: Yes
Garage Attached: Yes
Golf Cart Enclosed: Yes

Waterview

Gulf: Yes

Lot/Parcel Access

County Road: Yes
Paved Road: Yes

Lot Features

Level: Yes
Survey Available: Yes
Within 1/2 Mile to Water: Yes

Construction/Siding

Frame: Yes
Roof Pitched: Yes
Roof Tile/Slate: Yes
Stucco: Yes
Trim Vinyl: Yes

Utilities

Electric: Yes
Gas - Natural: Yes
Phone: Yes
Public Sewer: Yes
Public Water: Yes
TV Cable: Yes

Zoning

County: Yes
Resid Single Family: Yes

Exterior

Balcony: Yes
BBQ Pit/Grill: Yes
Fenced Back Yard: Yes
Fenced Privacy: Yes
Hot Tub: Yes
Lawn Pump: Yes
Patio Covered: Yes
Patio Open: Yes
Pool - Gunite Concrt: Yes
Pool - Heated: Yes
Pool - In-Ground: Yes
Porch: Yes
Shower: Yes
Sprinkler System: Yes
Summer Kitchen: Yes

Interior

Breakfast Bar: Yes
Ceiling Crwn Molding: Yes
Ceiling Raised: Yes
Elevator: Yes
Fireplace: Yes
Fireplace 2+: Yes
Fireplace Gas: Yes
Floor Hardwood: Yes
Floor Tile: Yes
Furnished - All: Yes
Hallway Bunk Beds: Yes
Kitchen Island: Yes
Lighting Recessed: Yes
Newly Painted: Yes
Owner's Closet: Yes
Pantry: Yes
Pull Down Stairs: Yes
Shelving: Yes
Upgraded Media Wing: Yes
Washer/Dryer Hookup: Yes
Wet Bar: Yes
Window Treatmnt Some: Yes
Woodwork Painted: Yes

Financing

Conventional: Yes

Appliances

Auto Garage Door Opn: Yes
Cooktop: Yes
Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Freezer: Yes
Ice Machine: Yes
Microwave: Yes
Oven Double: Yes
Range Hood: Yes
Refrigerator W/IceMk: Yes
Smoke Detector: Yes
Stove/Oven Gas: Yes
Washer: Yes
Wine Refrigerator: Yes

Energy

AC - 2 or More: Yes
AC - Central Elect: Yes
Ceiling Fans: Yes
Double Pane Windows: Yes
Heat Cntrl Electric: Yes
Insulated Doors: Yes
Water Heater - Gas: Yes
Water Heater - Tnkls: Yes

Mstr Bdrm/Mstr Bath

MBath Cultured Mrble: Yes
MBath Double Vanity: Yes
MBath Dressing Area: Yes
MBath Separate Shwr: Yes
MBath Tile: Yes
MBath Walk-In Closet: Yes
MBed Balcony: Yes
MBed Walk-in Closet: Yes

Bedroom

First: Yes
Second: Yes
Third: Yes

Kitchen

Second: Yes

Living Room

Second: Yes

Rooms

Bedroom: Yes
Bonus Room: Yes
Kitchen: Yes
Living Room: Yes
Recreation Room: Yes

Existing Leases

Daily/Weekly: Yes

Property Features

Construction Status: Construction Complete Lot Features: Level; Survey Available; Within 1/2 Mile to Water Zoning: County; Resid Single Family Waterview: Gulf Parking Features: Garage; Garage Attached; Golf Cart Enclosed Exterior: Balcony; BBQ Pit/Grill; Fenced Back Yard; Fenced Privacy; Hot Tub; Lawn Pump; Patio Covered; Patio Open; Pool - Gunite Concrt; Pool - Heated; Pool - In-Ground; Porch; Shower; Sprinkler System; Summer Kitchen Interior: Breakfast Bar; Ceiling Crwn Molding; Ceiling Raised; Elevator; Fireplace; Fireplace 2+; Fireplace Gas; Floor Hardwood; Floor Tile; Furnished - All; Hallway Bunk Beds; Kitchen Island; Lighting Recessed; Newly Painted; Owner's Closet; Pantry; Pull Down Stairs; Shelving; Upgraded Media Wing; Washer/Dryer Hookup; Wet Bar; Window Treatmnt Some; Woodwork Painted Appliances: Auto Garage Door Opn; Cooktop; Dishwasher; Disposal; Dryer; Freezer; Ice Machine; Microwave; Oven Double; Range Hood; Refrigerator W/IceMk; Smoke Detector; Stove/Oven Gas; Washer; Wine Refrigerator Utilities: Electric; Gas - Natural; Phone; Public Sewer; Public Water; TV Cable Energy: AC - 2 or More; AC - Central Elect; Ceiling Fans; Double Pane Windows; Heat Cntrl Electric; Insulated Doors; Water Heater - Gas; Water Heater - Tnkls Bedroom: First; Second; Third Kitchen: Second Living Room: Second Rooms: Bedroom; Bonus Room; Kitchen; Living Room; Recreation Room Financing: Conventional Existing Leases: Daily/Weekly

Room Information

Room Name	Level	Dimensions	Length	Width
Bedroom	First	13.17 x 15.33	13.17	15.33
Bedroom	First	14.17 x 14.67	14.17	14.67
Bedroom	First	13.58 x 14.25	13.58	14.25
Recreation Room	First	31.83 x 19.9	31.83	19.90
Bedroom	Second	14.75 x 18.75	14.75	18.75
Bedroom	Second	14.67 x 14.67	14.67	14.67
Living Room	Second	25.17 x 19.9	25.17	19.90
Kitchen	Second	18.42 x 18.67	18.42	18.67
Bedroom	Third	14.58 x 18.75	14.58	18.75
Bedroom	Third	14.33 x 11.42	14.33	11.42
Bedroom	Third	14.33 x 13.17	14.33	13.17
Bonus Room	Third	23.33 x 12	23.33	12.00

Listing Office: The Premier Property Group

Last Updated: October - 26 - 2024

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.