Unicorn investment properties like this are rare. Generating over $158K in rental actuals in 2025 and already $55K on the books for 2026, this 8% cap rate investment gem with no HOA, a private pool and .5 miles to multiple beach access points on 30A, this property checks all the boxes! Surrounded by nature and tucked away on a quiet cul-de-sac on the west end of 30A, this custom-built, two-story beach home offers the perfect blend of coastal elegance, privacy, and investment potential. Completed in early 2023, this property has consistently outperformed rental projections for the past two years with consistent five star reviews and repeat guests who return each year. Designed with refined, coastal finishes, this luxe home features 10-foot ceilings, custom shiplap and an open, airy feel. Tucked away on a private cul-de-sac and surrounded by nature, this beach home creates a peaceful, serene setting for the ultimate beach vacation. The first floor private ensuite bedroom and open living, dining, kitchen area and powder room is perfect for comfort and convenience. Three additional bedrooms, three baths, bunk room alcove, separate living/lounging area offers plenty of space for families and guests to comfortably spread out in style. Three expansive porches, including two on the front of the home and a private poolside deck, invite effortless indoor-outdoor living. A private pool with water feature is framed by mature trees perfect for lounging or entertaining. Whether searching for a full-time residence, a second home, or a proven short-term rental, this property deliverswith over $142K in rental income in 2024, $158K+ in 2025 and $55K already on the books for 2026, this is a true money making investment opportunity. With no HOA, this turnkey, income-producing vacation retreat offers savvy investors maximum income and appreciation potential. Whether you're looking to diversify your investment portfolio or purchase a legacy home for your family to enjoy, 213 Spotted Dolphin is a rare opportunity on 30A and the Emerald Coast.
Buyer to verify all dimensions. Contact listing agent to schedule a private showing or for additional information.
For sale
Price cut: $90K (12/4)
$1,550,000
213 Spotted Dolphin Rd, Santa Rosa Beach, FL 32459
4beds
2,772sqft
Est.:
Single Family Residence
Built in 2022
7,840.8 Square Feet Lot
$-- Zestimate®
$559/sqft
$-- HOA
What's special
Private poolPrivate poolside deckRefined coastal finishesThree bathsThree additional bedroomsMature treesCustom-built two-story beach home
- 178 days |
- 507 |
- 49 |
Zillow last checked: 8 hours ago
Listing updated: December 08, 2025 at 02:34am
Listed by:
Lynne Andrews 404-784-5606,
Christies International Real Estate Emerald Coast
Source: ECAOR,MLS#: 979873
Originating MLS: Emerald Coast
Originating MLS: Emerald CoastTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Primary bedroom
- Features: Tray Ceiling(s), Walk-In Closet(s)
- Level: Second
Primary bathroom
- Features: MBath Cultured Mrble, Double Vanity, Soaking Tub, MBath Separate Shwr, MBath Tile, Walk-In Closet(s)
Kitchen
- Level: First
Living room
- Level: First
Heating
- Electric
Cooling
- AC - 2 or More
Appliances
- Included: Cooktop, Dishwasher, Disposal, Dryer, Freezer, Ice Maker, Microwave, Self Cleaning Oven, Range Hood, Refrigerator, Refrigerator W/IceMk, Gas Range, Washer, Tankless Water Heater
- Laundry: Washer/Dryer Hookup
Features
- Breakfast Bar, Crown Molding, Kitchen Island, Recessed Lighting, Newly Painted, Pantry, Split Bedroom, Wet Bar, Bedroom, Dining Room, Kitchen, Living Room, Master Bathroom, Master Bedroom
- Flooring: Hardwood, Tile
- Windows: Window Treatments, Window Treatmnt None
- Furnished: Yes
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,772
- Total interior livable area: 2,772 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage, Garage Door Opener
- Garage spaces: 1
- Has uncovered spaces: Yes
Features
- Stories: 2
- Patio & porch: Deck Covered, Porch
- Exterior features: Balcony, Barbecue, Columns, Separate Living Area, Sprinkler System
- Has private pool: Yes
- Pool features: Private, Heated, In Ground
- Fencing: Partial
Lot
- Size: 7,840.8 Square Feet
- Dimensions: 128 x 98 x 130 x 38
- Features: Cul-De-Sac, Dead End, Survey Available, Within 1/2 Mile to Water, Wooded
Details
- Parcel number: 043S20343000000240
- Zoning description: Resid Single Family
- Special conditions: Accept Backup Offers
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Beach House
- Property subtype: Single Family Residence
Materials
- Frame, Siding CmntFbrHrdBrd
- Roof: Metal
Condition
- Construction Complete
- Year built: 2022
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Connected, Cable Connected
Community & HOA
Community
- Security: Security System, Smoke Detector(s)
- Subdivision: Hidden Highlands
Location
- Region: Santa Rosa Beach
Financial & listing details
- Price per square foot: $559/sqft
- Tax assessed value: $1,248,628
- Annual tax amount: $11,405
- Date on market: 6/30/2025
- Cumulative days on market: 179 days
- Listing terms: Conventional,1031 Exchange,FHA,Other
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/4/2025 | Price change | $1,550,000-5.5%$559/sqft |
Source:  ECAOR #979873 Report a problem | ||
| 6/30/2025 | Listed for sale | $1,640,000-4.9%$592/sqft |
Source: ECAOR #979873 Report a problem | ||
| 2/21/2025 | Listing removed | $1,725,000$622/sqft |
Source: ECAOR #961400 Report a problem | ||
| 2/8/2025 | Price change | $1,725,000-3.9%$622/sqft |
Source: ECAOR #961400 Report a problem | ||
| 12/14/2024 | Price change | $1,795,000-5.3%$648/sqft |
Source: ECAOR #961400 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $11,405 +8.7% | $1,248,628 +16.5% |
| 2023 | $10,491 +429.5% | $1,071,805 +401.3% |
| 2022 | $1,981 +21.7% | $213,797 +27.2% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$9,620/mo
Principal & interest
$7876
Property taxes
$1201
Home insurance
$543
Climate risks
Neighborhood: 32459
Nearby schools
GreatSchools rating
- 9/10Van R. Butler Elementary SchoolGrades: K-5Distance: 0.5 mi
- 8/10Emerald Coast Middle SchoolGrades: 6-8Distance: 8.3 mi
- 8/10South Walton High SchoolGrades: 9-12Distance: 4.5 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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