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The Coastal Palms Village Strip Center is a Class A, Retail/Office, 16,169 rentable SF building with tremendous upside. The strip center is constructed of concrete poured block and steel beam supported ceilings. The roof is tile and one-piece member of rubber. It is equipped with a complete fire sprinkler system and is monitored on a 24/7 basis. The complex also has ample parking and excellent signage on Thomas Drive. The strip center consists of 10 units with various square footage. Currently 100% of space is occupied. Tenants include Dunkin Donuts, Salty Mermaid, Fatty's Sandwich Shop, Cool Vapors, Nephrology Associates, Fade Away, Fatty Patty's Restaurant and Bakery, and Rose Nails. Current annual income is $307,124. Annual expenses are approximately $71,000. Current NOI is approximately $236,124. Cap Rate at 100% leased approximately 6.2. Dunkin Donut unit is equipped with a Drive-Up Window. The exterior of the strip center was recently sealed and painted.
Coastal Palms Village is located on Thomas Drive directly across from the Naval Support System. Thomas Drive is the main tourist artery that serves the beaches. Other retail in the area include Burger King, Taylor's Restaurant, Realty One Emerald Coast, as well as LaQuinta Hotel. TREMENDOUS UPSIDE!! SELLER IS OFFERING FINANCING WITH 25% DOWN, PAYMENTS BASED ON A 30 YEAR TERM WITH A 10 YEAR CALL. INTEREST RATE AT 6%. ADDITIONAL PROPERTY AVAILABLE SEE MLS 666940 AND 666930

Panama City Beach

912-948 THOMAS Drive

None Beds

None Baths

17,960 Sq.Ft.

$3,800,000

MLS#: 666936

New on site 4 days ago

Discover the pinnacle of sophisticated beachside living at this premier multi-family estate, perfectly positioned along Florida's iconic Emerald Coast. Designed for those who demand both exclusivity and exceptional performance, this turnkey compound offers a rare opportunity to own a world-class retreat in the heart of the sought-after Blue Mountain Beach. A Masterpiece of Design and Comfort Spanning multiple levels of refined living, this residence is an architectural triumph. An integrated elevator provides seamless accessibility throughout, ensuring comfort for guests of all generations.

The home's interior is a study in curated elegance, featuring high-end finishes and bespoke design elements that cater to the most discerning tastes. With the capacity to accommodate 24 guests in absolute comfort, the estate is expertly configured for grand retreats and private gatherings.

The layout includes: * 8 King Master Suites: Each a private sanctuary of relaxation. * 2 Bespoke Bunk Rooms: Thoughtfully designed to sleep four guests each. * 9 Full Bathrooms & 2 Half Baths: Featuring spa-inspired designer tile, quartz surfaces, and premium fixtures. *

Culinary Excellence: A state-of-the-art chef's kitchen, equipped with a six-burner gas range, double refrigeration, and expansive quartz counters. A secondary kitchenette on the third level offers added convenience for seamless entertaining.

The exterior is an extension of the home's luxury, crafted for the ultimate al fresco lifestyle. Enjoy a private, resort-style swimming pool, an outdoor shower, and a built-in gas grill. As the sun sets, the ambiance transforms with glowing pool lighting and the warmth of a custom swim up pool and spa and linear gas fire wall--the perfect setting for evenings under the coastal stars.

Proven performance, this property is a formidable investment. The estate demonstrates a robust and consistent revenue stream. The absence of an HOA grants the owner complete autonomy over rental management and usage. For those seeking a hands-off approach, the option remains to continue a partnership with the Southern Holiday Homes, ensuring the property remains a premier destination for high-end clientele.

Situated just moments from the turquoise waters and quartz-sand beaches of the Emerald Coast, this residence offers immediate access to the vibrant dining, golf, and leisure attractions of the 30A corridor.

Whether you are seeking a private family compound or a high-yield luxury investment, this estate represents a singular opportunity to secure a legacy property in one of the most desirable coastal markets.

Santa Rosa Beach

21 Penny Lane

10 Beds

9 Baths

5,992 Sq.Ft.

$3,800,000

MLS#: 795093

Tucked away in the prestigious and secluded Burnt Pine community within Sandestin Resort, this extraordinary 5-bedroom, 6.5-bath estate offers over 6,171 square feet of refined living space, plus approximately 2,000 additional sqft of covered decks, porches, and lanai--thoughtfully designed for both grand entertaining and everyday comfort. Enjoy breathtaking lake and golf course views, including stunning sunrise vistas across the water, from multiple vantage points throughout the home. Inside, the residence showcases custom-crafted mahogany doors, an elegant and flowing floor plan, and thoughtful updates throughout. A smart home lighting system enhances both convenience and ambiance, allowing effortless control of lighting to complement every moment features updated cabinetry, a Sub-Zero refrigerator, and premium finishes, making it ideal for hosting gatherings or enjoying family meals. Luxury amenities abound, including a bar, rebuilt wine cooler, whole-home sound system, media room, and a private gym creating an exceptional lifestyle experience. The primary suite is a true private retreat, offering a steam shower, towel warmer, and motorized drapes, delivering a spa-like atmosphere in the comfort of home. Upstairs, two spacious bedrooms offer stunning outdoor connections one with a charming Juliet balcony and the other with a generous balcony showcasing sweeping lake and golf course views. An upstairs loft office with custom bookcases provides a beautiful and functional workspace, while a large front-facing balcony enhances the home's impressive outdoor living. Outdoor spaces are equally remarkable, featuring a heated pool (heater approximately 5 years old), new pool motors, and expansive covered areas set against tranquil lake and golf course backdrops. A beautifully designed circular fire pit lounge sits on a brick paver patio, surrounded by curved cushioned seating and Adirondack chairs creating the perfect setting for sunset views, evening conversations, and entertaining under the stars amid mature palms and pine trees. A separate guest house offers added privacy and flexibility for visitors or extended family. Additional highlights include the 3-car garage that features a convenient motorized storage platform that raises to the ceiling at the push of a button, creating additional overhead storage space, tankless water heater, hurricane-rated doors and shutters, and an advanced sound system for seamless indoor and outdoor entertainment.

As an introduction to the Sandestin lifestyle, we invite our new owners to explore amenities that make Sandestin special. The listing brokerage and seller(s) are presenting the buyer(s) of this property with (2) 90-minute rounds of Tennis court time, a golf foursome at one of our three championship courses, and a round of golf for up to four (4) players at the unrivaled Burnt Pine Golf Club.

Sandestin Golf and Beach Resort features more than seven miles of beaches and pristine bay front, four championship golf courses, 15 world-class tennis courts, a 226-slip marina, a fitness center, spa and celebrity chef dining. Shop, dine and play at the charming pedestrian village, The Village of Baytowne Wharf and more. Inside the gates of the resort, residents enjoy a balanced lifestyle of high-class living, spanning the 2,400 acres from the beach to the bay. Everything within the gates of the resort is accessible by golf cart or bicycle. The entire resort is interconnected by miles of pedestrian, bike and golf cart paths that weave through groves of live oaks, meandering past natural lagoons, fountains, man-made lakes, and meticulously landscaped fairways.

Miramar Beach

3325 Club Drive

5 Beds

6 Baths

6,171 Sq.Ft.

$3,800,000

MLS#: 995227

Niceville

923 Lido Circle

7 Beds

8 Baths

6,952 Sq.Ft.

$3,800,000

MLS#: 989054

Miramar Beach

3325 Club Drive

5 Beds

6 Baths

6,171 Sq.Ft.

$3,800,000

MLS#: 995227

Santa Rosa Beach

21 Penny Lane

10 Beds

9 Baths

5,992 Sq.Ft.

$3,800,000

MLS#: 1010814

Set in the heart of Blue Mountain Beach along Scenic 30A, this exceptional 9-bedroom, 11-bath coastal estate offers over 6,000+ square feet of thoughtfully designed luxury living. Spanning three expansive levels, the home is built for both elevated entertaining and relaxed coastal living, highlighted by a stunning rooftop deck with sweeping Gulf views. Outdoors, enjoy a private resort-style pool, spa, and summer kitchen designed for entertaining after sunny days at the beach. Just moments from beach access, dining, and the natural beauty that defines 30A, this recently constructed residence presents a rare opportunity to own a premier investment property in one of the Gulf Coast's most sought-after destinations on the beautiful Emerald Coast. Beyond its immediate lifestyle appeal, this property represents a compelling opportunity in a market defined by limited inventory, strong demand, and long-term appreciation. Large-scale, high-quality homes in this location are increasingly rare, especially those offering this level of design, capacity, and proximity to the Gulf.

Whether you are seeking a legacy beach home, a high-performing rental asset, or a hybrid of both, 56 Rolling Dunes delivers on all fronts--combining scale, location, and lifestyle into one standout offering along the Emerald Coast.

Santa Rosa Beach

56 Rolling Dunes Drive

9 Beds

9 Baths

6,064 Sq.Ft.

$3,799,000

MLS#: 998992

Santa Rosa Beach

56 Rolling Dunes Drive

9 Beds

9 Baths

6,064 Sq.Ft.

$3,799,000

MLS#: 998992

This magnificent beach home is one house from the beach with amazing views and an incredible outdoor living area with pool, spa, and lanai for the entertaining lifestyle. Steps from the white sandy beach, this prime located three-story home boasts breathtaking gulf views. This spectacular house was designed by renowned architect Sheldon Stone and interior designer Parker Kennedy in 2015. Four well-proportioned living spaces provide ample space for entertaining in style while guests can seek out their own quiet nook to relax or chat. White shiplap and soft nautical hues create a laid-back beachy ambience in a home designed for families and friends to come together and make memories. Floor-to-ceiling french windows bathe the main living area in natural light while gleaming hardwood floors floors add a sense of timeless durability. Entertaining is a cinch in the fully-equipped open-plan kitchen with all-white cabinets and granite counters. The center island breakfast bar is designed for hanging out with the chef. A sliding barn door hides ample orderly storage in the spacious walk-in pantry. Five upscale bathrooms and five bedrooms include a spacious bunk room. Wake up to shimmering gulf views stretching to the horizon from several porches and loggia. Step outdoors and enjoy Florida life to the full. Relax on lounge chairs beneath the gazebo and take cooling dips in the curving saltwater pool and hot tub. Life at the beach does not come more convenient, with a beach walkover directly across the street. Look forward to solitary early morning walks on the expansive wave-lapped sand and sharing stunning sunsets with those you love. Boutiques, al fresco dining and entertainment are plentiful in nearby Seaside.

Santa Rosa Beach

2561 E County Highway 30A

5 Beds

5 Baths

3,448 Sq.Ft.

$3,799,000

MLS#: 875816

30 Gulf Dune is one of the most stunning and detailed estates to grace the Emerald Coast. With 5,249 sq/ft 4 bedrooms and 5.5 baths this home leave nothing to the imagination from the custom designed unique old world coastal wine cellar to the one-of-a-kind stunning outdoor pool unlike any. As you are greeted at the entrance with a large foyer and a floor to ceiling oyster/tabby accented wall to feature your most coveted art piece. The foyer is also accented with two custom built sliding barn doors that lead you into a custom designed office of your dreams. The main level has three master guest suites with private ensuites and large walk-in closets. Two of the suites face the back of the home with French doors that lead out onto a large balcony that spans the entire length of the home. The third suite is located on the front of the home with a kitchenette, double vanity private ensuite, and French doors that open onto a separate private balcony with views of the emerald green waters. As you enter the custom elevator, up to the third floor you are greeted with a small foyer and entrance into the open kitchen living and dining room accented with stunning beams, wood work, and lots of natural light. The kitchen has light granite counter tops, thoughtfully design custom cabinetry with custom spice racks, kitchen utensil racks, and even hide aways for your additional appliances. Located off the kitchen on the back porch is a custom grill area with built-in grill and green egg for easy access. The dining room, and main living room, offer spectacular open seating for those who love to entertain. The home is equipped and fully automated by the Control-4 system that operates the entire home electronically. The enormous master suite is located on this floor as well and spans the entire depth of the home from front to back. The master bedroom fronts the home with two sets of French doors that open on to a stunning porch that spans that length of the home as well. The master bath suite has double vanity, sperate make-up vanity, separate tub, large walk-in shower, and custom enormous walk-in closet with private washer and dryer. Upstairs from the third floor is an additional living/media room with wet bar, and sensational top balcony with 360degree views of the Gulf. The top floor also offers lots of heated and cooled storage and an additional office with storage. As you return to the 3rd floor you can take the stairs or hop back into your custom elevator down to the first floor that has amenities that are beyond your most luxurious imaginations. The first floor has a 3rd living, and tasting are to complement this truly indescribable old-world wine cellar with the perfect coastal flare. This is truly for the wine lover at heart. With a temperature-controlled room that holds over 600 bottles and a tasting area for you and your friends to enjoy your incredible collection of wines from around the world. As if all these amenities are not enough, the true gem of this home is outside. Nestled behind this stunning estate is the outdoor living of your dreams. An entire astro turfed yard with perfectly placed large pavers that lead you to the most uniquely design pool with water features and outdoor cabana with living area, a true fire place, outdoor dining, and outdoor custom designed kitchen. This estate also includes a massive four car garage with built-ins, additional heated and cooled storage, and direct access to the elevator. You will not want to miss the opportunity to own such a unique, and rare estate along the 30A scenic corridor.

Santa Rosa Beach

30 Gulf Dunes Lane

4 Beds

5 Baths

5,249 Sq.Ft.

$3,799,000

MLS#: 835459

Enjoy this high-revenue investment property with $368,000+ annual gross rental income for 2022 with room for additional bookings. Newly built, finely appointed interiors define this modern beach house primely located near the white sandy beaches in the heart of Destin's Crystal Beach. Strategically designed and furnished to optimize short term rental opportunity, this home falls under the Bert Harris Act Agreement, which means it can permanently sleep up to 28 guests. It is not subject to the restrictive occupancy and parking ordinances recently imposed by the City of Destin. Notable features include a resort-style pool and spa, ample space for outdoor entertainment, oversized parking for up to eight vehicles, three separate living areas, and expansive balconies for each bedroom suite. Upon entering the open floor plan you will find the luxurious gourmet kitchen complete with quartz countertops, stainless steel appliances, and chic chevron tile backsplash. The master suite is conveniently located on the first level and offers ample privacy including an en-suite bathroom complete with dual vanities, premium tile flooring and accents, private walk-in closet, spacious soaking tub and a sizable walk-in shower. Each suite was designed to comfortably accommodate guests including a bunk room for kids. Crystal Sunset is located in the heart of Destin near Barracuda St beach access as well as prime shopping, world class restaurants, golfing, boating and local entertainment.

Destin

96 Cobia Street

8 Beds

8 Baths

4,309 Sq.Ft.

$3,799,000

MLS#: 908787

Inlet Beach

34 N Watch Tower Lane

5 Beds

5 Baths

3,499 Sq.Ft.

$3,799,000

MLS#: 996154

Recently renovated to the highest standards, this Southern-style home has shady, covered porches on both levels. Backing on to preserve land with mature pine trees, it enjoys a sense of privacy yet is just two blocks from Camp WaterColor fun. The open-concept living space has dark wood effect flooring countering the high ceilings, white decor and transom windows delivering an abundance of natural light. The chef's kitchen has been beautifully updated with a full range of stainless appliances and a beverage bar. Quartz countertops extend over the generous island which easily accommodates five diners at the breakfast bar and overlooks the cozy living room completed with fireplace. Dine at the formal dining table or outdoors on the deep screened porch. It boasts a pleasant outlook onto permanent green space with steps leading down to the rear yard and neighboring carriage house. Five bedrooms, all ensuite, include a bunk room and a spacious master suite with twin vanities, a free standing garden tub and tranquil tree-top views. The second-floor balcony even has a swing for lazing away the days with a good book or snoozing after lunch. The independent carriage house includes a tastefully appointed sitting room with shiplap walls, a fully equipped kitchen and a bedroom and bath above the two-car garage. It even has a deck for guests to enjoy their own outdoor space, relaxing in the breeze. Within easy reach of WaterColor pools, parks, trails and amenities, this turnkey home is ideal for investment in this sought-after location. Fully furnished, recently updated and immaculately presented, it has a proven history for vacation rentals, generating more than $239,000 annually.

Santa Rosa Beach

92 Red Cedar Way

5 Beds

5 Baths

3,157 Sq.Ft.

$3,799,000

MLS#: 918875

Santa Rosa Beach

2561 E County Highway 30A

5 Beds

5 Baths

3,448 Sq.Ft.

$3,799,000

MLS#: 875816

Inlet Beach

34 N Watch Tower Lane

5 Beds

5 Baths

3,499 Sq.Ft.

$3,799,000

MLS#: 996154

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* Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request. © 2024. First Multiple Listing Service, Inc.

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