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10 Beds
11 Baths
5,992 sqft

$4,500,000

21 Penny Lane, Santa Rosa Beach FL, 32459

Price per sqft$751.00
Built in2022
Property size5,992 sqft
Property typeResidential

Overview

Sold

Listed Aug 28, 2023

Updated Mar 7

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 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 the ultimate in luxury. The spa-like bathrooms feature designer tile and quartz surfaces, as well as the 2 additional half baths add plenty of options for large amounts of guests. The state-of-the-art modern kitchen with a six burner gas stove, double refrigerator freezer, and quartz counters make it the ultimate in modern luxury for the largest of stay and play gatherings. This home even features an additional kitchenette on the 3rd floor living area, along with multiple balconies to enjoy the gulf view! Outside, the stunning patio area is complete with a private refreshing swimming pool, outdoor shower, built-in gas grill, and seating for al fresco dining. Light up the night with glowing pool lights and the built in outdoor gas fireplace. NO HOA, so you'll have the complete freedom to enjoy your time and unrestricted rental ability. Whether you're lounging in the stylish living areas, relaxing in the well-appointed bedrooms, or cooking up a feast in the gourmet kitchen, you'll appreciate the high-end finishes and attention to detail throughout. Don't feel like cooking? The popular Shunk Gulley Oyster Bar of 30A is right nearby along with all the other Gulf Place hot spots. This property is completely turnkey ready, making it the perfect choice for those who want to enjoy the ultimate luxury lifestyle without the hassle of furnishing and decorating. New owner's can also opt to continue with the elite 30A Beach Girls management company, who have continued to bring exclusive guests and a continuous revenue stream to this sought after property with $428k in current reservations already on the books. The Emerald Coast is home to some of the best beaches, golf, dining, attractions, and luxury in the U.S. This is your chance to own such a large and incredible piece of beachside paradise with incredible ROI potential! This ultimate investment not only can pay you, but you have the ability to enjoy it for yourself as well! Schedule your visit or video tour with us today!

Additional information

MLS® ID
901990

Interior Features

Bedrooms
10
Bathrooms
11
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.25 Acres

Other Property Details

Garage
Yes
View
Yes
Pool
Yes

Also listed on BCMLS

MLS provider logo

Courtesy of The Premier Property Group, 
Listing Contact: 850-585-5501 

IDX information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor The Holahan Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 6:12 PM UTC, 3/7/2026

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