21 Penny Lane

Santa Rosa Beach FL, 32459


$751.00 per sqft


10 Beds

11 Baths

5,992 sqft


Built in 2022

This incredible Multi-Family STR Luxury Compound is expecting over $530K in Rental Projections for 2023, with over $519K currently Completed/Pending so far this year!!! Indulge in the ultimate luxury beachside living experience! This stunning property comes fully furnished in high-end finishes and features every amenity imaginable. This spacious home also boasts an elevator that makes moving between floors a breeze, adding an extra touch of convenience and luxury. Located just steps from the turquoise waters and the white quartz sand beaches of Florida's famous Emerald Coast, this spacious home can accommodate extra large groups by comfortably sleeping 24; making it ideal for exclusive retreats, rentals, and events This extraordinary home is situated across from the sought after Gulf Place District of 30A. Relax in the many beautifully appointed living areas or unwind in one of the luxurious bedrooms. The incredibly designed 8 king master suites, 2 built in bunk rooms which each sleep 4, full-sized laundry on every floor, and all of the 9 full bathrooms are the ultimate in luxury. The spa-like bathrooms feature designer tile and quartz surfaces, as well as the 2 additional half baths add plenty of options for large amounts of guests. The state-of-the-art modern kitchen with a six burner gas stove, double refrigerator freezer, and quartz counters make it the ultimate in modern luxury for the largest of stay and play gatherings. This home even features an additional kitchenette on the 3rd floor living area, along with multiple balconies to enjoy the gulf view! Outside, the stunning patio area is complete with a private refreshing swimming pool, outdoor shower, built-in gas grill, and seating for al fresco dining. Light up the night with glowing pool lights and the built in outdoor gas fireplace. NO HOA, so you'll have the complete freedom to enjoy your time and unrestricted rental ability. Whether you're lounging in the stylish living areas, relaxing in the well-appointed bedrooms, or cooking up a feast in the gourmet kitchen, you'll appreciate the high-end finishes and attention to detail throughout. Don't feel like cooking? The popular Shunk Gulley Oyster Bar of 30A is right nearby along with all the other Gulf Place hot spots. This property is completely turnkey ready, making it the perfect choice for those who want to enjoy the ultimate luxury lifestyle without the hassle of furnishing and decorating. New owner's can also opt to continue with the elite 30A Beach Girls management company, who have continued to bring exclusive guests and a continuous revenue stream to this sought after property with $428k in current reservations already on the books. The Emerald Coast is home to some of the best beaches, golf, dining, attractions, and luxury in the U.S. This is your chance to own such a large and incredible piece of beachside paradise with incredible ROI potential! This ultimate investment not only can pay you, but you have the ability to enjoy it for yourself as well! Schedule your visit or video tour with us today!



June 24, 2022


November 26, 2023



21 Penny Lane
Santa Rosa Beach FL, 32459

Interior Features

Total Stories



10 Beds


11 Baths

Interior Features

Breakfast Bar, Ceiling Crwn Molding, Ceiling Raised, Elevator, Fireplace, Fireplace 2, Fireplace Gas, Floor Hardwood, Floor Tile, Furnished - All, Hallway Bunk Beds, Kitchen Island, Lighting Recessed, Newly Painted, Owner s Closet, Pantry, Pull Down Stairs, Shelving, Upgraded Media Wing, Washer/Dryer Hookup, Wet Bar, Window Treatmnt Some, Woodwork Painted


Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Dryer, Freezer, Ice Machine, Microwave, Oven Double, Range Hood, Refrigerator W/Ice Mk, Smoke Detector, Stove/Oven Gas, Washer, Wine Refrigerator





Cooling Description

Ceiling Fan(s), Central Air



Heating Description


Exterior/Building Features

Lot Size

0.25 acres

Exterior Features

Balcony, BBQ Pit/Grill, Fenced Back Yard, Fenced Privacy, Hot Tub, Lawn Pump, Patio Covered, Patio Open, Pool - Gunite Concrt, Pool - Heated, Pool - In-Ground, Porch, Shower, Sprinkler System, Summer Kitchen

Lot Features

Level, Survey Available, Within 1/2 Mile to Water

Architectual Style

Beach House

School Information

High School

South Walton

Elementary School

Van R Butler

Other Property Details

Area Name

17 - 30A West

Days on Market




Garage Spaces



Garage, Golf Cart Enclosed



View Description






Pool Features

Pool Type


County, Resid Single

Green Building Features

Green Features


Listing History





Price Change








Price Change



Courtesy of The Premier Property Group, Tony Manthey,
Listing Contact:  

IDX information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Brad Dahler shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 7:02 PM UTC, 11/26/2023

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