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'CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS'-Stunning waterviews and dock access directly on Western Lake in beautiful Grayton Beach with no HOA fees. This custom craftsman style home was designed by architect Geoff Chick in 2006 and is nestled on a private road with mature trees in the heart of Grayton Beach. Authentic heart of pine floors flow throughout the open floor plan and an abundance of French doors and windows, optimize the majestic Western Lake views from the living room, kitchen and dining area. The master bedroom has a private balcony overlooking the lake and dock, gorgeous pine beams serve as crown molding, large walk-in closet and private bathroom with double vanity and spacious walk in shower. Down the hall are 2 additional bedrooms with en-suite baths. The second floor has 2 bedrooms and one can easily be converted to a bunk room to maximize rental potential.  The kitchen features quartz countertops, stainless steel appliances and a large island to enjoy your meals and share stories with your friends and family. This home is perfect as a primary,, second or vacation rental. Don't miss this opportunity to have Western lake in your backyard. You can launch your kayaks, paddleboards and fish just steps from your backdoor. Wake up to a gorgeous sunrise at "Grayton Sunrise."
#712269

Santa Rosa Beach

273 Grayton Trails Road

5 Beds

4 Baths

2,631 Sq.Ft.

$2,500,000

MLS#: 712269

LUXURY.VIEWS.PARADISE! An exquisite Gulf-View custom built 4 bedroom/4.5 bath luxury home in one of the most scenic seaside enclaves on the Forgotten Coast. This architectural gem offers an exceptional blend of breathtaking views, thoughtful design & upscale coastal living. Located on a peaceful cul-de-sac, this retreat is positioned to soak in stunning Gulf panoramas from the upper levels. Step inside where every detail has been carefully considered & each bedroom has their own private en-suite bath for comfort & privacy. The master suite is a sanctuary with direct balcony access of sweeping Gulf views. The luxurious en-suite with a free standing tub, separate shower & elegant green marble accents make every morning unforgettable. Head to the top floor & discover an entertainer's dream—generous living area framed by picturesque windows & a double slider leading to an expansive deck perfect for sunset gatherings or relaxing with a coastal breeze. The heart of the home is a chef's delight: custom cabinetry, a large island with waterfall quartzite countertop, GE Monogram appliances & a walk-in pantry with dry bar elevate culinary experiences.  A versatile flex room adjoining the bunk room offers endless options—a 5th bedroom, game room or media space to suit your lifestyle. Practical amenities include laundry facilities on two levels & a built-in elevator for effortless movement. The private gated community pampers with exclusive amenities, including a chic clubhouse with kitchen, pool, & fitness center. The boardwalk/golf cart path lead you to the areas pristine white sand beaches & emerald Gulf waters—your everyday escape to paradise. Mexico Beach offers a laid-back coastal lifestyle filled with boating, fishing, shops, local seafood spots & miles of uncrowded beaches.  Whether you're seeking a tranquil coastal retreat or investment, this extraordinary residence captures the best of luxury beach living. Call for your private tour & LIVE THE BEACH LIFE!
#784444

Mexico Beach

109 Dunes Drive

4 Beds

4 Baths

3,752 Sq.Ft.

$2,500,000

MLS#: 784444

Welcome to 'Stay Salty', a beautifully updated five-bedroom, four-and-a-half-bath home located on a highly sought-after corner lot in the WaterColor community. Professionally designed by Three Dog Design and sold fully furnished with a four-person golf cart, this property comfortably sleeps 12 and has been extensively upgraded throughout. A true turnkey opportunity for luxury living or high-performing short-term rental ownership.
The open, light-filled floor plan features high ceilings and coastal-inspired interiors. The spacious living and dining areas flow into a custom kitchen with quartz countertops, stainless steel appliances, and a large island with seating. The main-level primary suite offers a spa-style bath, while upstairs includes additional king and queen suites, a double-queen room, a twin bunk nook, and a secondary living area with a private balcony.
Outdoor spaces include a screened patio with grill, covered front porch, upper balcony, and expansive side deck surrounded by mature landscaping. The home includes a garage suitable for the golf cart or a small vehicle, plus driveway parking for two vehicles.
Rental performance is exceptional, producing $130,508.05 in 2024, $158,259.47 for 2025, and $210,143 for 2026 (all gross revenue numbers) with new reservations coming in daily and lots of owner use! Over 65 five-star reviews across all OTA's and a 12% repeat guest rate year-to-date highlight its proven appeal.
Owners and guests enjoy full access to WaterColor's top-tier amenities including resort-style pools, tennis and pickleball courts, trails, parks, and the private WaterColor Beach Club. Just minutes from Seaside, 30A dining, and the Gulf, this corner-lot home combines design, comfort, and strong investment potential in one of 30A's most desirable neighborhoods.
#1008482

Santa Rosa Beach

5 Red Basil Drive

5 Beds

4 Baths

2,749 Sq.Ft.

$2,500,000

MLS#: 1008482

Welcome to The Driftwood by AR Homes, a stunning NEW CONSTRUCTION residence in the heart of Blue Mountain Beach on Scenic Highway 30A. Perfectly positioned on a tranquil pond-front homesite with no HOA, this luxury coastal home offers a rare combination of privacy, natural beauty, and convenience. Designed with AR Homes' renowned craftsmanship, The Driftwood features an open-concept floor plan, expansive living spaces, and seamless indoor-outdoor living. Large windows frame peaceful water views, while thoughtfully designed gathering areas create the ideal setting for entertaining and everyday coastal living.
Located just minutes from the sugar-white beaches and emerald waters of the Gulf of America, this exceptional property provides easy access to the restaurants, boutiques, bike paths, and outdoor recreation that make 30A real estate so desirable. Whether you're searching for a primary residence, second home, or investment property, this new construction home in Blue Mountain Beach delivers timeless design and an unbeatable location.
Experience the best of South Walton luxury living with waterfront pond frontage, no HOA restrictions, and the quality and attention to detail that define an AR Homes custom residence. Proposed NEW CONSTRUCTION. Home is currently through DEP permitting and is in county permitting review. Renderings and illustrations are conceptual and intended to represent the general design of the home. Final features, finishes, specifications, may change.
#1008079

Santa Rosa Beach

TBD Lot 8 Gulf Hills Drive

4 Beds

3 Baths

3,017 Sq.Ft.

$2,500,000

MLS#: 1008079

A rare opportunity to own this huge 5 bedroom 2-level condo on the Gulf of America. Two master bedrooms with 2 master baths. Entertainment den on lower level with 6 reclining seats. Amazing up-close views of the Gulf and the swimming pool is right outside your patio level sliding door. Separate 2-car garage with opener. Lots of closets with 2 large owner closets. Serene seating on your balcony overlooking the pool and the Gulf. where you can enjoy a relaxing breakfast right off the liviing room.
#1010287

Destin

1050 Highway 98 106E

5 Beds

5 Baths

3,440 Sq.Ft.

$2,500,000

MLS#: 1010287

Offered for sale at 2.5 million, this well positioned medical office building at 554 N Highway 85 in Niceville presents an outstanding opportunity for healthcare providers and investors seeking a highly visible and accessible location in Okaloosa County.
#992183

Niceville

554 N Highway 85

None Beds

None Baths

N/A

$2,500,000

MLS#: 992183

Cote D' Azur offers an incredible opportunity to own a brand-new luxury retreat just steps away from the white sands of the Gulf in Seagrove Beach on 30A. Designed for modern families and discerning investors, this stunning five-bedroom, five-and-a-half-bath coastal escape seamlessly blends contemporary elegance with timeless beach charm, providing effortless living and impressive rental potential. Highlights for Buyers

- **Prime Location:** Located one block from Seagrove Beach and conveniently close to 30A's best shops, dining, and entertainment options.
  
- **New Construction:** Impeccably finished with top-tier appliances, stone countertops, and designer touches throughout.
  
- **Spacious Layout:** Features five bedrooms, five and a half bathrooms, an open-concept living area, and dedicated workspaces, offering flexibility for families, guests, or seasonal rentals.
  
- **Resort Amenities:** Includes a private pool, large backyard, outdoor fireplace, and an authentic vacation experience right at home.
  
- **Investment Advantage:** Boasts a strong short-term rental history.

- **Turnkey Ownership:** Move-in ready, complete with luxury furnishings and a fully equipped chef's kitchen.

Now is your chance to own a slice of paradise on 30Aperfect for full-time living, a seasonal retreat, or a proven income property in one of Florida's most desirable destinations.
#987654

Santa Rosa Beach

464 N Montigo Avenue

6 Beds

5 Baths

3,158 Sq.Ft.

$2,500,000

MLS#: 987654

Development opportunity in the heart of Panama City Beach! This approximately 10+ acre parcel offers investment potential with dual zoning--approximately half located within Bay County and zoned AG-2, and approximately half within the City of Panama City Beach and zoned RTH (Residential Townhouse). The RTH zoning presents an opportunity for residential development, and the adjoining AG-2 portion may have the potential to be annexed into the City of Panama City Beach, subject to city approval and applicable requirements.
Conveniently located just minutes from Panama City Beach Parkway, shopping, dining, schools, and the Gulf beaches, this property is ideally positioned in one of the area's fastest-growing corridors. Whether you're a builder, developer, or long-term investor, this is a rare opportunity to acquire a sizeable tract with significant residential development potential in a highly desirable location.  The property is adjacent to approximately 1.5 miles of the paved Gayle's Trails recreational path along its northern boundary.
Buyer to verify zoning, annexation potential, permitted uses, dimensions, utilities, access, development feasibility, and all other pertinent information through their own due diligence.
#1008379

Panama City Beach

TBD 23 3S 16W

None Beds

None Baths

10.74 acres

$2,500,000

MLS#: 1008379

Waterfront vacant land with 198 feet on Choctawhatchee Bay. This 1.3 acres features magnificent ancient Live Oak Trees decorated with Spanish Moss and mature flowering Magnolia trees as well.  Beautiful boat dock to facilitate your easy lifestyle on this lovely and exclusive area of the Bay. The property is nicely elevated and cleared of underbrush with an excellent view of the water from all directions.  Ready for your personal view and that special new home on the Bay.
#987722

Santa Rosa Beach

1140 Nellie Drive

None Beds

None Baths

1.3 acres

$2,500,000

MLS#: 987722

Tucked away on a quiet residential road, this beautiful 10-acre parcel located at 184 N Eden Park offers the perfect blend of privacy, natural surroundings, and prime location in Santa Rosa Beach. Zoned ''Small Neighborhood,'' the property allows up to 4 dwellings per acre--ideal for development, investment, or creating a private family compound. Partially wooded for added seclusion and charm, this property is just one block from the serene waters of Choctawhatchee Bay, offering easy access to coastal living.  Parcel contains 11.55 acres total and seller will sell 10-acres of the parcel and seller will retain 1.55-acres with a lot split at closing.  SELLER FINANCING AVAILABLE WITH CONSIDERABLE DOWN PAYMENT.
#998523

Santa Rosa Beach

184 N Eden Park Drive

None Beds

None Baths

10.0 acres

$2,500,000

MLS#: 998523

Short term rental powerhouse featuring epic ocean views, a spacious layout with 7 king suites, separate pool house with second kitchen and bunk room, private heated pool, and massive 20 person sleeping capacity to maximize revenue.

Designer furnishings, professional photography and full inventory to convey for immediate revenue generation.

Less than a 1-minute walk (under 255 steps) to pristine beach access ensures high occupancy. Includes a free six-seater golf cart and two paddleboards for added guest appeal.

Designed from the ground up to ensure easy, low cost maintenance and best possible yield.

Do an Internet search on Legacy Beach Homes of Destin, Florida to view real time calendars in order to determine availability for showings Seller is listing over $100 million worth of properties from their portfolio (35 large STRs in the Destin/Miramar/30A area with an average appraisal value of slightly over $3M each.).

The seller is only selling 10% of the portfolio. Seller will withdraw this and/or any other remaining listings once the first  $10 million (approximately)  in sales have been achieved.

Seller (Equisource Holdings dba Legacy Beach Homes) does not disclose property-level rental revenue data. Buyer to perform their own due diligence regarding income potential. However, the appraisal in the document section of this listing may include the appraiser's revenue projection. 

Seller will make all reasonable efforts to facilitate the transfer of future reservations. 

The Seller does not have to sell.  Property has been priced based on recent appraisal and reflects the seller's minimum acceptable price.

Most recent appraisal and inspections in docs section
#998181

Destin

80 Pompano Street

8 Beds

8 Baths

3,531 Sq.Ft.

$2,500,000

MLS#: 998181

Waterfront Home within Pelican Bay Community. This 5 bed/4.5 bath 3 story residence with 168' of water frontage on Choctawhatchee Bay. Equipped with a dock, 1 Boat Lift. Saltwater pool, outdoor kitchen with fireplace, kegerator, ice maker, wine/beverage fridge and a Lynx Grill. Ceiling heights ranging from 10' to 23' throughout the home. The open-concept kitchen is abundant with countertop space, cabinet storage, and natural Lighting. The picture window offers an indoor/outdoor experience while in the kitchen. Family Room offers 23' Vaulted Ceilings with Bay views, wood fireplace. Dual-car garage Pelican Bay offers a tennis court, pickleball courts, basketball goal and temporary overflow parking.
#1004315

Santa Rosa Beach

576 Shelter Cove Drive

5 Beds

4 Baths

4,485 Sq.Ft.

$2,500,000

MLS#: 1004315

FUTURE-PROOF PCB ASSET: 9,000 SF 2022-BUILD WITH 10-STORY VERTICAL POTENTIAL

Seize a premier 0.998-acre commercial footprint on Joan Avenue, positioned directly in a high-growth corridor evidenced by a neighboring property trading for $15.4M last year. Built in 2022 to rigorous 140 MPH wind standards, this high-spec complex features 100 feet of prime street frontage and a deep 435-foot lot. The property carries a rare 100-foot height allowance, offering massive potential for future vertical expansion.

MAXIMIZED RENTAL POTENTIAL: TURNKEY 6-UNIT INVESTMENT CONFIGURATION

This 60' x 150' engineered steel facility is a ''plug-and-play'' multi-tenant opportunity designed to maximize your ROI. The current layout is optimized for high-demand flex use, with the first section serving as 2 premium executive offices, lobby, a conference room and public bathroom. While the building already features five sections ready for separation, a small investment of approximately $10,000-$12,000 allows for the addition of two walls and four bathrooms to complete the full 6-unit complex. With two bathrooms already existing and plumbing stubs in place for the remaining four, this property offers a low-cost path to a high-yield, multi-stream rental asset.

INDUSTRIAL UTILITY: 53-FOOT TRAILER ACCESS AND 6-GANG POWER

Loading is seamless via six 12 x 12 grade-level roll-up doors. Property footprint is designed to accommodate a 53-foot trailer. The 9,000 SF shell maintains an efficient ratio of 8% office to 92% warehouse space, with interior clear heights ranging from 13'7'' to 16'11''. The facility is equipped with a 6-gang electrical meter bank and 600 Amp single-phase power, providing dedicated service points for each of the six potential rental units. The front office has 200 amp service.

UNINCORPORATED BAY COUNTY LOCATION: LOWER TAXES AND FEWER RESTRICTIONS

Located in Unincorporated Bay County rather than city limits, this property offers a strategic financial advantage with lower property tax rates, set at 5.4362 mills for 2026. Owners benefit from fewer municipal restrictions regarding signage or ''Gateway Overlay'' facade requirements. Standard county setbacks apply here, offering significantly more buildable flexibility than properties bordering strict city-residential zones.

STRATEGIC PRICING: ENGINEERED FOR SAFETY AND PROFIT

At a listing price of $2.5M, this asset is positioned at approximately $277 per SF, strategically aligned with the early 2026 PCB flex-industrial average of $290-$310 per SF. The property is located in Flood Zone AE with a community-determined base flood elevation (BFE) of 11.0'. Highlighting its superior engineering, the finished flood elevation is set at 12.75', providing 1 foot 9 inches of clearance above the required BFE for enhanced safety and insurance advantages.

Buyer to verify height allowance, ISR, and FAR for future development. Current tenant occupies 1500 sq ft and on a month to month lease.
#785853

Panama City

2532 Joan Avenue

None Beds

None Baths

9,000 Sq.Ft.

$2,500,000

MLS#: 785853

Nestled on 1.38 gated & fenced acres, this custom-built home (completed in 2021 and only 3.8 miles to 30A) offers a rare blend of space, comfort, and quiet luxury in an area where neighboring homes reach well over $4 million.  Standout features:
• 4 Bedrooms + 2 Bonus Rooms
• 4.5 Bathrooms
• 3,500± SF
• 176' of Bayou Frontage
• Private Dock with Boat Lift
• Enclosed Pool & Hot Tub
• First-Floor Primary Suite
• Two Laundry Rooms
• Three-Car Garage
• Marble Countertops & Gas Range
• Oversized Walk-In Pantry
• Tankless Water Heater
• Irrigation System
• Room to Add Guest Quarters or Carriage House
• Private Road
• No Active HOA
• Built in 2021
• 3.8 Miles to 30A

Seller is considering all reasonable offers.
#999155

Santa Rosa Beach

102 Churchill Drive

6 Beds

4 Baths

3,476 Sq.Ft.

$2,500,000

MLS#: 999155

Experience refined waterfront living in this beautifully crafted 4-bedroom, 3.5-bath, 3 car garage home built by  premier local builder.  Stunning wall of windows frames peaceful open water views, filling home with natural light & creating unforgettable backdrop for everyday waterfront retreat living & entertaining. Hardwood floors flow throughout home (no carpet), open concept, custom kitchen with distinctive brick accent wall, enormous island, coffee/beverage center, private butler's pantry complete with refrigerator, sink, dishwasher, & microwave, offering exceptional convenience for hosting & daily living. For those who love to entertain, the speakeasy-style wine tasting room creates a memorable gathering space with character and charm.
The waterfront-facing primary suite is a true retreat, with serene views, a dream walk-in closet, spa-inspired bath featuring a large tiled walk-in shower & separate soaking tub. Additional bedrooms & baths provide comfortable space for family, guests, &/or a home office.
Outdoors: the fully fenced, sodded & landscaped yard leads to a lovely deck & private dock designed for waterfront enjoyment, featuring an outdoor shower & paddle board storage for easy days on the water. Creamy white painted exterior brick, a durable metal roof, & high-end features throughout, this one-of-a-kind waterfront home offers the perfect blend of luxury, comfort, and coastal lifestyle.
Come see for yourself!  Buyer to verify all deemed important information.
#1009705

Valparaiso

124 Portugal Cove

4 Beds

3 Baths

3,431 Sq.Ft.

$2,500,000

MLS#: 1009705

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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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