USAFLSanta Rosa BeachPenny Lane17 Penny Ln

17 Penny Ln, Santa Rosa Beach, FL

Name: 17 Penny Ln, For Sale in Santa Rosa Beach - eXp Realty
Brand: 1 Percent Lists Florida Coast
SKU: 992482
Price: 3995000 USD

House

For Sale

Listed price in listed location currency (USD).

$3,995,000

10112

MLS® 992482

Key Facts
Description
Rooms
Map

Key Facts

Type Single Family Residence

Levels Residential

Size -

Garage Yes

Taxes $27,855

Days Active 132

Lot Size

Approx. Age 2022

MLS® Number 992482

Property Address: 17 Penny Ln, Santa Rosa Beach, FL, 32459-4333

Average square foot calculated using Size range provided by listing agent.

Description

This property boasts 10 spacious bedrooms and 11 bathrooms, making it the perfect retreat for large families or groups of friends looking to create unforgettable memories together. With the ability to comfortably sleep up to 28 people, your family reunions, friend getaways, or vacation rentals will be a breeze! Say goodbye to HOA restrictions and embrace the freedom of owning this incredible investment property, which has an impressive rental history. The current rental management company is projecting nearly $400, 000 in rental income this year, providing you with a fantastic return on your investment. As you explore this home, you'll appreciate the exquisite, custom details and beautiful woodwork that elevate its elegance - Tax benefits commonly used by rental owners: depreciation, deductible operating expenses (management fees, maintenance, utilities), and interest deductions can help lower taxable income -- talk with your CPA about how these apply to your situation. - Flexible ownership strategies: works as a short-term rental, seasonal vacation home, or long-term income property; could fit 1031 exchange or portfolio diversification plans (confirm with your tax advisor). - No HOA restrictions: more control over rental use, furnishings, and booking platforms. What makes guests book it - Location: an easy 3-minute walk to Shunk Gulley and Scenic Highway 30A beaches; nearby ADA-accessible Ed Walline access with restrooms, picnic shelters, and a two-story viewing platform. - Amenities guests crave: private pool, multiple balconies with Gulf views, roomy living areas on each floor so large groups can spread out and still gather. - Thoughtful design: custom woodwork and finishes that give the home character and repeat-booking appeal. Who this fits best - Investors wanting a high-capacity, high-demand short-term rental with management already in place. - Buyers seeking a multi-family vacation home that pays for itself during peak season. - Owners looking for tax-advantaged real estate income (consult your CPA for specifics). This property blends lifestyle and investment -- beachfront access, big rental revenue, and tax strategies that can improve net returns!

MLS® Number992482

Laundry Level

Central VacNo

FireplaceYes

Acreage

Exterior

GarageYes

Approx. Age2022

Basement

DrivewayGarage Door Opener

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Jan 9, 2026List Date

$3,995,000List Price

Commute

Commute

Starting Address

Destination Address

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