Seeking a lucrative investment property with a strong rental history? This modern 4-unit apartment complex in Santa Rosa Place is the perfect addition to your portfolio! Built in 2021 and ideally situated just off Highway 98, this fully leased quadplex offers steady, long-term rental income.Each unit features three bedrooms and two bathrooms, offering ample space for comfortable living. Spanning approximately 1,548 sq. ft., these spacious units boast upscale finishes, including quartz countertops, luxury vinyl plank (LVP) flooring, 10-foot ceilings, and private balconies or patios--features that consistently attract quality tenants. With high demand for rentals in the area, this property is primed for continued success.Don't miss this exceptional investment opportunity.
Sold for $1,100,000 on 09/26/25
Zestimate®
$1,100,000
108 Don Bishop Rd #11, Santa Rosa Beach, FL 32459
12beds
6,194sqft
Attached Single Unit, Quadruplex
Built in 2021
-- sqft lot
$1,100,000 Zestimate®
$178/sqft
$1,907 Estimated rent
Home value
$1,100,000
$1.04M - $1.16M
$1,907/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: September 26, 2025 at 08:44am
Listed by:
Kendall L Hood 850-974-4556,
Compass
Bought with:
Aida I Weber, 3544157
Coldwell Banker Realty
Source: ECAOR,MLS#: 975797
Originating MLS: Emerald Coast
Originating MLS: Emerald CoastFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 8
- Full bathrooms: 8
Primary bedroom
- Features: Walk-In Closet(s)
Primary bathroom
- Features: Double Vanity
Heating
- Electric
Cooling
- AC - 2 or More, Electric, Ceiling Fan(s)
Appliances
- Included: Dishwasher, Microwave, Refrigerator, Electric Range
Features
- Breakfast Bar, Kitchen Island, Bedroom, Kitchen, Master Bathroom, Master Bedroom
Interior area
- Total structure area: 6,194
- Total interior livable area: 6,194 sqft
Property
Features
- Stories: 2
- Patio & porch: Patio Covered, Porch
- Exterior features: Balcony
- Pool features: None
Lot
- Size: 3,484 sqft
- Dimensions: 60.00 Square
Details
- Parcel number: 282S20335000000110
- Zoning description: Resid Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Attached Single Unit, Quadruplex
- Attached to another structure: Yes
Materials
- Siding CmntFbrHrdBrd
- Foundation: Slab
- Roof: Metal
Condition
- Construction Complete
- Year built: 2021
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected
Community & neighborhood
Location
- Region: Santa Rosa Beach
- Subdivision: Church Hill Bayousanta Rosa Place
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $350 monthly
- Services included: Maintenance Grounds, Insurance, Management
Other financial information
- Total actual rent: 8320
Other
Other facts
- Listing terms: Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 9/26/2025 | Sold | $1,100,000$178/sqft |
Source:  ECAOR #975797 | ||
| 9/11/2025 | Pending sale | $1,100,000$178/sqft |
Source: ECAOR #975797 | ||
| 7/1/2025 | Price change | $1,100,000-8.3%$178/sqft |
Source: ECAOR #975797 | ||
| 5/7/2025 | Listed for sale | $1,200,000-4%$194/sqft |
Source: ECAOR #975797 | ||
| 2/10/2025 | Listing removed | $1,250,000$202/sqft |
Source:  CPAR #761239 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,699 -0.2% | $733,440 -0.7% |
| 2023 | $6,713 +22.2% | $738,837 +24.9% |
| 2022 | $5,492 +987.7% | $591,704 +1034.2% |
Find assessor info on the county website
Neighborhood: 32459
Nearby schools
GreatSchools rating
- 9/10Van R. Butler Elementary SchoolGrades: K-5Distance: 1.1 mi
- 8/10Emerald Coast Middle SchoolGrades: 6-8Distance: 8.9 mi
- 8/10South Walton High SchoolGrades: 9-12Distance: 4.7 mi
Schools provided by the listing agent
- Elementary: Van R Butler
- Middle: Emerald Coast
- High: South Walton
Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$1,100,000
2% more+ $22,000
With Zillow Showcase(estimated)
$1,122,000