With guaranteed rental income and below-market financing, this property is undoubtedly one of the best investment opportunities along 30A. The projected income is $233k-$288k and the seller guarantees a minimum of $180,000 in rental income for 2025! Plus the seller is offering a special financing incentive at 5.5% APR on a 30-year fixed-rate mortgage for qualified buyers. The home, outdoor amenities and furnishings are nearly all new or recently remodeled making this the ultimate turn-key luxury second home or short term rental investment.Prime Location with deeded beach access! Nestled in the coveted Gulf Shore Manor neighborhood of Seagrove in close proximity to Seaside, this property offers the largest expanse of both deeded and public beach access with parking along 30A. Guests will love the easy walking or biking distance to Seaside. With recent concerns about private beach restrictions, Gulf Shore Manor is protected by their court awarded deeded beach use rights. Another bonus is no HOA dues or HOA restrictions. The nearest beach access with parking, San Juan, is just four blocks away. Guests also enjoy the included golf cart and a dozen bikes for effortless transportation of beach gear.
Parking is often a challenge in vacation rentals, but this property accommodates five vehicles plus a golf cart, making it highly desirable! With a main house and a guest house, both featuring full kitchens and living areas, this home is perfect for multiple families vacationing together, family reunions, corporate retreats, and groups of friends. And with a sleeping capacity of 21+ people it commands a premium nightly rate.
Outdoor amenities: The private heated pool, spa, gas grill, private dining patio, and fully screened upper porch are popular outdoor amenities.
Recently remodeled: The entire guest house, landscaping, pool, and master bathroom have all been expertly installed or remodeled by the current owners within the last few years with the balance of the main house remodeled recently as well. The entire exterior was just painted so the new owners can immediately enjoy making memories in this amazing beach home while your short term renters pay the bill.
Elegant Design and Layout: The main house boasts a gorgeous kitchen with timeless bespoke shaker style cabinetry, dining area, great room, screened porch, and master bath on the upper level. The great room features vaulted ceilings with tongue-and-groove details. The master bathroom was remodeled in spring 2024 with a luxury carrara marble shower as the centerpiece. The main floor includes two private bedrooms with ensuite baths, a large bunk room with two sets of queen-over-queen bunks and trundle (sleeping 10), another hallway bathroom, and a kids' game room with video games, a sofa, TV, and built-in twin bunks.
The guest house features another living area, full kitchen, mini bunk with twin over twin bunks, a full bathroom, queen bedroom, and a master suite with full bathroom. The guest room was completely remodeled top to bottom in 2021. Be sure and view the Matterport virtual tour and floorplans.
This stunning, fully furnished property includes a professionally designed website at elmbythesea.com for direct bookings, in addition to listings on Airbnb, VRBO, and more. High cash flow and beautiful included furnishings make it an irresistible investment.
Don't miss this unparalleled coastal paradise! Embrace the essence of luxury, convenience, and extraordinary investment potential in your own dream oasis. Act now and secure your place in one of 30A's most desired communities. Seller is flexible on closing dates...a delayed closing to coincide with a future 1031 sale is fine
Sold for $2,010,000 on 12/26/24
$2,010,000
295 Elm St, Santa Rosa Beach, FL 32459
6beds
3,209sqft
Single Family Residence
Built in 2007
6,534 Square Feet Lot
$1,911,500 Zestimate®
$626/sqft
$6,450 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: December 28, 2024 at 06:40am
Listed by:
Julia A McClatchy 904-323-9123,
Fathom Realty FL LLC
Bought with:
James A Wilkins, 3530888
Corcoran Reverie SRB
Source: ECAOR,MLS#: 953661
Originating MLS: Emerald Coast

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 7
- Full bathrooms: 6
- 1/2 bathrooms: 1
Primary bedroom
- Level: Second
Bedroom
- Level: First
Primary bathroom
- Features: Double Vanity, MBath Dressing Area, Soaking Tub, MBath Separate Shwr, Walk-In Closet(s)
Kitchen
- Level: Second
Living room
- Level: Second
Heating
- Heat - Two or More, Electric
Cooling
- AC - 2 or More, Electric, AC - High Efficiency, Ceiling Fan(s)
Appliances
- Included: Dishwasher, Dryer, Microwave, Range Hood, Refrigerator, Smooth Stovetop Rnge, Electric Range, Washer
Features
- Breakfast Bar, Beamed Ceilings, Cathedral Ceiling(s), Crown Molding, High Ceilings, Vaulted Ceiling(s), Guest Quarters, Recessed Lighting, Pantry, Shelving, Woodwork Stained, Bedroom, Dining Area, Kitchen, Living Room, Master Bathroom, Master Bedroom
- Flooring: Hardwood, Tile
- Windows: Double Pane Windows, Skylight(s), Window Treatments
- Furnished: Yes
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 3,209
- Total interior livable area: 3,209 sqft
Property
Parking
- Total spaces: 5
- Parking features: Open
- Has uncovered spaces: Yes
Features
- Stories: 2
- Patio & porch: Deck Open, Patio Open, Porch Open
- Exterior features: Balcony, Barbecue, Columns, Lawn Pump, Renovated, Separate Living Area
- Has private pool: Yes
- Pool features: Private, In Ground
- Fencing: Privacy
Lot
- Size: 6,534 sqft
- Dimensions: 50 x 130
- Features: Within 1/2 Mile to Water, Deed Access
Details
- Additional structures: Separate Bldg Rent
- Parcel number: 143S19250400080170
- 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, Trim Wood
- Foundation: Slab
- Roof: Metal
Condition
- Construction Complete
- Year built: 2007
Utilities & green energy
- Sewer: Public Sewer
- Water: Well, Public
- Utilities for property: Electricity Connected, Cable Connected
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Community
- Community features: Pool
Location
- Region: Santa Rosa Beach
- Subdivision: Gulf Shore Manor
Other
Other facts
- Road surface type: Paved
Services availability
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$1,911,500
2% more+ $38,230
With Zillow Showcase(estimated)
$1,949,730