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Pending
    • $1,450,000

    404 Defuniak St, Santa Rosa Beach, FL 32459

    2beds
    896sqft
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    Single Family Residence
    Built in 1988
    5,227 Square Feet Lot
    $1,442,600 Zestimate®
    $1,618/sqft
    $-- HOA

    What's special

    The Heart of Historic Grayton Beach Step back into a simpler time with this quintessential ''Old Florida'' beach cottage, tucked away in the heart of historic Grayton Beach. Capturing the soulful, laid-back essence of the area, this charming 2-bedroom, 2-bathroom retreat beautifully preserves nostalgic coastal character while serving as a proven income-producing rental. The cozy interior comfortably accommodates guests with a rare and luxurious setup featuring two spacious bedrooms, each boasting a plush King-size bed, plus a flexible double sofa bed in living room. Two full baths with walk-in showers and a fully equipped kitchen make beach living effortless. Modern Potential meets Coastal Nostalgia While the cottage provides immediate historic charm and steady rental revenue, the true prize is the premium land it sits on. This exceptional lot holds the ultimate long-term value, offering a rare canvas in a highly sought-after location. Whether you choose to lovingly expand and enhance the existing cottage or start fresh to design and build your ultimate custom coastal masterpiece, the possibilities are endless. Live the classic local Grayton lifestyle today while building your dream for tomorrow. Call to schedule your private showing.
    52 days
    |
    125
    |
    3
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Murray Balkcom 850-830-2475,

    30A Local Real Estate,

    Krystal S Beauchamp 850-814-8287,

    30A Local Real Estate

    Source: ECAOR,MLS#: 1004302MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Level: First
      • Area: 140 Square Feet
      • Dimensions: 14 x 10
      Primary bedroom
      • Level: First
      • Area: 140 Square Feet
      • Dimensions: 14 x 10
      Dining room
      • Description: Dining/Kitchen Combo
      • Level: First
      • Area: 168 Square Feet
      • Dimensions: 14 x 12
      Living room
      • Level: First
      • Area: 210 Square Feet
      • Dimensions: 15 x 14
      Heating
      • Central
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer, Gas Water Heater, Tankless Water Heater
      Features
      • Cathedral Ceiling(s), Woodwork Painted
      • Flooring: Hardwood, Tile
      • Windows: Window Treatments
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 896
      • Total interior livable area: 896 sqft

      Property

      Parking
      • Total spaces: 4
      Features
      • Stories: 1
      • Patio & porch: Porch, Screened
      • Exterior features: Outdoor Shower
      • Fencing: Partial
      • On waterfront: Yes
      Lot
      • Size: 5,227 Square Feet
      • Dimensions: 50 x 100
      • Features: Interior Lot, Survey Available, Within 1/2 Mile to Water
      Details
      • Parcel number: 083S1925230000003B
      • Zoning description: Resid Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Beach House
      • Property subtype: Single Family Residence
      Materials
      • Frame, Wood Siding, Trim Wood
      • Roof: Metal,Roof Pitched
      Condition
      • Construction Complete
      • New construction: No
      • Year built: 1988

      Utilities & green energy

      • Water: Public

      Community & HOA

      Community
      • Features: Beach, Boat Launch, Fishing, TV Cable, Waterfront, Short Term Rental - Allowed
      • Subdivision: GRAYTON BEACH
      Location
      • Region: Santa Rosa Beach

      Financial & listing details

      • Price per square foot: $1,618/sqft
      • Tax assessed value: $1,373,827
      • Annual tax amount: $12,413
      • Date on market: 5/30/2026

        Estimated market value

        $1,442,600

        $1.37M - $1.51M

        $2,554/mo

        Price history

        DateEventPrice
        5/31/2026Pending sale$1,450,000$1,618/sqft
        Source: ECAOR #1004302 Report a problem
        5/30/2026Listed for sale$1,450,000+308.5%$1,618/sqft
        Source: ECAOR #1004302 Report a problem
        8/19/2014Sold$355,000-45.4%$396/sqft
        Source: ECAOR #705598 Report a problem
        8/9/2004Sold$650,000+100%$725/sqft
        Source: Public Record Report a problem
        10/7/2002Sold$325,000$363/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$12,414 +76.1%$1,373,827 +255.2%
        2024$7,050 +13.9%$386,793 +10%
        2023$6,188 -1%$351,630 +10%
        2022$6,248 +102%$319,664 +10%
        2021$3,093 +19.9%$290,604 +12.5%
        2020$2,580 +7.3%$258,413 +6.8%
        2019$2,403 $242,002 +7.8%
        2018$2,403 +7.3%$224,546 +7.4%
        2017$2,239 +9%$209,170 +12.2%
        2016$2,054 +10.1%$186,480 +4.4%
        2015$1,866 +2.8%$178,567 +36.1%
        2014$1,815 $131,202 +31%
        2013-- $100,162 -0.7%
        2012-- $100,881 -2.9%
        2011-- $103,877 -5.2%
        2010-- $109,604 -17.8%
        2009-- $133,388 -10%
        2008-- $148,279 +2.9%
        2007-- $144,032 +5.8%
        2005-- $136,077 +1.7%
        2004-- $133,777 +7.5%
        2003-- $124,476 +1.8%
        2002-- $122,252 +0.3%
        2001-- $121,911
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 32459

        Getting around

        37 / 100
        Car-Dependent
        38 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

        A local agent can set up tours, give advice and negotiate with sellers.

        A local lender can help you make sure your offer is ready when you are.

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