Welcome to Grayton Beach's newest luxury home—512 Defuniak St. Located just steps from the world famous Red Bar, the local favorite Chiringo and the sun kissed shoreline, this home is a dream coastal retreat. The home is projected to produce $504,800 in rental income, making for an excellent rental investment. Step inside and be greeted by a stunning open floorpan that exudes modern luxury and custom design. Amazing windows throughout flood the home with sunlight and gulf views. 8 bedrooms, each with ensuite bath plus a powder room means you'll always have plenty of room for all of your guests.
On the ground floor, the game room seamlessly flows into an inviting outdoor kitchen and fireplace lounge area that overlooks the pool and spa—sure to be a focal point of all outdoor festivities. Sit by the fire and watch football while the kids splash in the heated pool! Every aspect of this property was intended to suspend the boundaries between indoor and outdoor living. Made for entertainment, this bottom level includes a huge wet bar with ice machine, pool table and den. Climb the staircase or take the elevator to one of the three massive upper decks in the evening to capture those amazing 30a sunsets and views of the gulf.
Superlative craftsmanship is illustrated throughout utilizing premium materials including white oak hardwood floors and designer tile. The spacious chef's kitchen includes custom cabinetry, GE Monogram appliances and built in full size refrigerator & freezer which would please even the most discerning home chef. This home has been custom-designed to harmoniously blend with the charming old Grayton aesthetic while still providing all the comforts that only new construction can provide.
Don't miss the chance to own this extraordinary Grayton Beach beauty!
Sold for $5,500,000
$5,500,000
512 Defuniak St, Santa Rosa Beach, FL 32459
8beds
4,812sqft
Single Family Residence
Built in 2023
6,969 Square Feet Lot
$5,571,300 Zestimate®
$1,143/sqft
$7,068 Estimated rent
Home value
$5,571,300
$4.96M - $6.24M
$7,068/mo
Zestimate® history
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$7,068/mo
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$33,428/mo
Est. payment
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$33,428/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Jacob K Eastland 850-246-8653,
Eastland Real Estate
Bought with:
Mandy Cooper, 3042046
Scenic Sotheby's International Realty
Destin Real Estate
Source: ECAOR,MLS#: 928899
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 9
- Full bathrooms: 8
- 1/2 bathrooms: 1
Bedroom
- Level: First
- Area: 171.99 Square Feet
- Dimensions: 11.7 x 14.7
Bedroom
- Level: First
- Area: 171.99 Square Feet
- Dimensions: 11.7 x 14.7
Bedroom
- Level: Second
- Area: 205.8 Square Feet
- Dimensions: 14.7 x 14
Bedroom
- Level: Second
- Area: 205.8 Square Feet
- Dimensions: 14 x 14.7
Bedroom
- Level: Second
- Area: 144.06 Square Feet
- Dimensions: 14.7 x 9.8
Bedroom
- Level: Second
- Area: 144.06 Square Feet
- Dimensions: 14.7 x 9.8
Bedroom
- Level: Third
- Area: 205.8 Square Feet
- Dimensions: 14 x 14.7
Bedroom
- Level: Third
- Area: 205.8 Square Feet
- Dimensions: 14 x 14.7
Bonus room
- Description: Game Room / Lounge
- Level: First
- Area: 501.27 Square Feet
- Dimensions: 34.1 x 14.7
Other
- Description: Covered Patio w/ Outdoor Kitchen
- Level: First
- Area: 420 Square Feet
- Dimensions: 35 x 12
Dining area
- Level: Third
- Area: 59.74 Square Feet
- Dimensions: 5.8 x 10.3
Living room
- Description: Living Room / Kitchen
- Level: Third
- Area: 651.31 Square Feet
- Dimensions: 34.1 x 19.1
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Freezer, Microwave, Range Hood, Refrigerator, Tankless Water Heater
Features
- Kitchen Island, Recessed Lighting, Elevator
- Flooring: Hardwood, Tile
- Windows: Double Pane Windows, Window Treatments
- Has fireplace: Yes
- Fireplace features: EPA Qualified Fireplace
- Furnished: Yes
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 4,812
- Total interior livable area: 4,812 sqft
Property
Features
- Stories: 3
- Patio & porch: Covered
- Exterior features: Outdoor Grill, Balcony, Private Yard, Outdoor Shower, Outdoor Kitchen
- Pool features: Heated, In Ground
- Has spa: Yes
- Spa features: Heated
- Fencing: Partial
- Has view: Yes
- View description: Gulf
- Has water view: Yes
- Water view: Gulf
Lot
- Size: 6,969 Square Feet
- Dimensions: 50 x 140
- Features: Within 1/2 Mile to Water
Details
- Parcel number: 083S19250300020140
- Zoning description: Resid Single Family
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Beach House
- Property subtype: Single Family Residence
Materials
- Siding CmntFbrHrdBrd
- Roof: Metal
Condition
- Construction Complete
- New construction: No
- Year built: 2023
Utilities & green energy
- Water: Public
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: GRAYTON BEACH
Location
- Region: Santa Rosa Beach
Financial & listing details
- Price per square foot: $1,143/sqft
- Tax assessed value: $4,034,049
- Annual tax amount: $14,082
- Date on market: 8/1/2023
Price history
| Date | Event | Price |
|---|---|---|
| 8/31/2023 | Sold | $5,500,000-6.8%$1,143/sqft |
Source:  ECAOR #928899 Report a problem | ||
| 8/17/2023 | Pending sale | $5,900,000$1,226/sqft |
Source: ECAOR #928899 Report a problem | ||
| 8/1/2023 | Listed for sale | $5,900,000+372%$1,226/sqft |
Source: ECAOR #928899 Report a problem | ||
| 12/7/2020 | Sold | $1,250,000-31.5%$260/sqft |
Source: Public Record Report a problem | ||
| 10/31/2019 | Listing removed | $1,825,000$379/sqft |
Source: Go To The Beach #805182 Report a problem | ||
| 8/13/2018 | Listed for sale | $1,825,000$379/sqft |
Source: Beach Escapes Realty #805182 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $36,450 -11.2% | $4,034,049 -10.3% |
| 2024 | $41,069 +614.8% | $4,496,177 +684.9% |
| 2023 | $5,746 -59.2% | $572,826 -54.7% |
| 2022 | $14,082 +26.4% | $1,265,836 +10% |
| 2021 | $11,139 +74.4% | $1,150,760 +86% |
| 2020 | $6,386 +8.3% | $618,553 +10% |
| 2019 | $5,897 | $562,321 -3.5% |
| 2018 | $5,897 +8% | $582,817 +5.4% |
| 2017 | $5,460 +8% | $553,114 +12.3% |
| 2016 | $5,057 +10.1% | $492,698 +5% |
| 2015 | $4,592 +5.3% | $469,220 +24.7% |
| 2014 | $4,359 | $376,322 +18.6% |
| 2013 | -- | $317,415 -0.5% |
| 2012 | -- | $318,968 -3.6% |
| 2011 | -- | $330,760 -6.1% |
| 2010 | -- | $352,366 -22.4% |
| 2009 | -- | $454,224 -12% |
| 2008 | -- | $516,001 -7.9% |
| 2007 | -- | $560,080 +32.5% |
| 2005 | -- | $422,574 +34.4% |
| 2004 | -- | $314,431 +19.1% |
| 2003 | -- | $264,005 +1.4% |
| 2002 | -- | $260,480 +81.1% |
| 2001 | -- | $143,839 |
Find assessor info on the county website
Neighborhood: 32459
Nearby homes
- $2,540,6008 bd9 ba2.2k sqft522 Defuniak St #30A, Santa Rosa Beach, FL 32459Off Market
- $3,617,8007 bd8 ba3.5k sqft524 Defuniak St, Santa Rosa Beach, FL 32459Off Market
- $5,720,1006 bd6 ba3.7k sqft490 Defuniak St, Santa Rosa Beach, FL 32459Off Market
- $2,065,9005 bd4 ba2.8k sqft27 Hotz Ave, Santa Rosa Beach, FL 32459Off Market
- $3,515,0006 bd6 ba3.4k sqft17 Hotz Ave, Santa Rosa Beach, FL 32459Off Market
- $2,043,0002 bd1 ba616 sqft513 Defuniak St, Santa Rosa Beach, FL 32459Off Market
- $2,523,4003 bd4 ba2.8k sqft523 Defuniak St, Santa Rosa Beach, FL 32459Off Market
- $2,543,5004 bd3 ba2.3k sqft505 Defuniak St, Santa Rosa Beach, FL 32459Off Market
Nearby schools
GreatSchools rating
- 10/10Bay Elementary SchoolGrades: K-5Distance: 5.6 mi
- 8/10Emerald Coast Middle SchoolGrades: 6-8Distance: 3.7 mi
- 8/10South Walton High SchoolGrades: 9-12Distance: 3.5 mi
Schools provided by the listing agent
- Elementary: Dune Lakes
- 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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- Florida
- Walton County
- Santa Rosa Beach
- 32459
- 512 Defuniak St
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