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.
For sale
Price cut: $100K (7/1)
$1,100,000
108 Don Bishop Rd #11, Santa Rosa Beach, FL 32459
12beds
6,194sqft
Est.:
Attached Single Unit, Quadruplex
Built in 2021
-- sqft lot
$1,016,400 Zestimate®
$178/sqft
$425/mo HOA
What's special
Quartz countertopsUpscale finishesSpacious unitsPrivate balconies or patios
- 108 days
- on Zillow |
- 492 |
- 39 |
Zillow last checked: 7 hours ago
Listing updated: July 01, 2025 at 07:17am
Listed by:
Kendall L Hood 850-974-4556,
Compass
Source: ECAOR,MLS#: 975797
Originating MLS: Emerald Coast

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & 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: 3,484.8 Square Feet
- 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 & HOA
Community
- Subdivision: Church Hill Bayousanta Rosa Place
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds, Insurance, Management
- HOA fee: $425 monthly
Location
- Region: Santa Rosa Beach
Financial & listing details
- Price per square foot: $178/sqft
- Tax assessed value: $733,440
- Annual tax amount: $6,699
- Date on market: 5/7/2025
- Listing terms: Conventional,FHA,VA Loan
- Lease term: 1 - 3 Years,7 - 12 Months
- Total actual rent: 8320
- Electric utility on property: Yes
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