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For sale by owner
  • $595,000

    587 East Shipwreck Rd, Santa Rosa Beach, FL 32459

    4beds
    2,560sqft
    : 
    SingleFamily
    Built in 2005
    52 Square Feet Lot
    $638,700 Zestimate®
    $232/sqft
    $25/mo HOA

    What's special

    Office areaOne car garageThree well-appointed bedroomsOversized bathroomBright glass-enclosed sunroomAdditional flexible living spaceJacuzzi tub
    -Located in the highly desired Driftwood Estates, this 4-bedroom, 2-bathroom home offers a quiet residential setting with convenient access to the Emerald Coast’s beaches, shopping, and dining. Driftwood Estates is known for its larger lots sizes, and proximity to both the bay and Gulf beaches. The property is located approximately 3 miles from Sandestin Golf and Beach Resort, about 7 miles from the beach accesses along the popular Scenic Highway 30A, and roughly 8 miles from the natural beaches of Topsail Hill Preserve State Park. The home features a one car garage with a large driveway and bright glass-enclosed sunroom that provides additional flexible living space and natural light.  Behind the property, sits the neighborhood park with a paved track, tennis and basket ball court and play ground. This makes an open green view from the backyard and a peaceful backdrop just across the lake. Upon entering the home, you are greeted by a bright, open space that currently serves as an office area, seamlessly flowing into the large living room straight ahead with tile flooring all throughout. To the right, the kitchen and dining area offer an open layout with ample room for cooking and entertaining. A hallway off this space leads to three well-appointed bedrooms, a full bathroom, the laundry room and a formal dining room. At the opposite end of the home, the master suite serves as a private retreat, featuring an oversized bathroom with his-and-her vanities, a separate walk-in shower, a jacuzzi tub, two closets, and a linen closet. Nearby destinations include shopping, restaurants, and entertainment at Grand Boulevard at Sandestin, golf courses, and the sugar white-sand beaches that make the Emerald Coast one of Florida’s most sought-after coastal regions. With some added personal touches, this could be an excellent opportunity for a primary residence, second home, or long-term investment in one of South Walton’s most established communities! Owner occupied, 24 hr notice before showings  
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    Listed by:

    Property Owner (850) 814-9353

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Forced air
      Cooling
      • Central
      Appliances
      • Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
      Features
      • Flooring: Tile
      • Has fireplace: Yes
      Interior area
      • Total interior livable area: 2,560 sqft

      Property

      Parking
      • Total spaces: 6
      • Parking features: Garage - Attached
      Features
      • Exterior features: Brick
      • Has view: Yes
      • View description: Park, Water
      • Has water view: Yes
      • Water view: Water
      Lot
      • Size: 52 Square Feet
      Details
      • Parcel number: 132S21421000000050

      Construction

      Type & style
      • Home type: SingleFamily
      Materials
      • brick
      • Roof: Shake / Shingle
      Condition
      • New construction: No
      • Year built: 2005

      Community & HOA

      HOA
      • Has HOA: Yes
      • HOA fee: $25 monthly
      Location
      • Region: Santa Rosa Beach

      Financial & listing details

      • Price per square foot: $232/sqft
      • Tax assessed value: $467,404
      • Annual tax amount: $2,455
      • Date on market: 3/24/2026
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        Estimated market value

        $638,700

        $581,000 - $696,000

        $3,783/mo

        Price history

        Price history
        DateEventPrice
        3/24/2026Listed for sale$595,000+13.3%$232/sqft
        Source: Owner Report a problem
        7/21/2005Sold$525,000+16.3%$205/sqft
        Source: Public Record Report a problem
        5/27/2005Sold$451,300$176/sqft
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2024$2,455 +4.1%$311,996 +3%
        2023$2,359 -0.3%$302,909 +3%
        2022$2,367 -1.1%$294,086 +3%
        2021$2,395 -1.6%$285,520 +1.4%
        2020$2,434 +3.2%$281,578 +2.3%
        2019$2,358 $275,247 +1.9%
        2018$2,358 +1.8%$270,115 +2.1%
        2017$2,316 +2.8%$264,559 +2.1%
        2016$2,254 +1.4%$259,118 +0.7%
        2015$2,222 -0.8%$257,317 +0.8%
        2014$2,241 $255,275 +1.5%
        2013-- $251,502 +1.7%
        2012-- $247,298 +1.8%
        2011-- $242,893 +1.5%
        2010-- $239,303 -7.7%
        2009-- $259,230 -10.1%
        2008-- $288,399 -14.9%
        2007-- $339,039 +773.5%
        2005-- $38,816

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $3,475/mo
        Principal & interest
        $2989
        Property taxes
        $461
        HOA Fees
        $25
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          Climate risks

          Neighborhood: 32459

          Getting around

          1 / 100
          Car-Dependent
          25 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

          Local experts in 32459

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