14 Blue Wave Drive, Santa Rosa Beach, FL 32459

Santa Rosa Beach
Local realty services provided by:Better Homes and Gardens Real Estate Emerald Coast
14 Blue Wave Drive,Santa Rosa Beach, FL 32459
$10,500,000
  • 18 Beds
  • 24 Baths
  • 17,088 sq. ft.
  • Single family
  • Active
Listed by: stuart kirby, scott c markowitz
Office: scenic sotheby's international realty
MLS#:1007386
Source:FL_ECAR

Price summary

  • Price:$10,500,000
  • Price per sq. ft.:$614.47

About this home

JUST COMPLETED! New Construction 6-Unit Portfolio Available - Blu Wave at Blue Mountain Beach Just Completed! This is a rare chance to acquire all six luxurious townhomes in the exclusive Blu Wave boutique development as a complete package. Brand-new construction, this turnkey investment is poised to generate gross rental revenue potential exceeding $700,000+ per year. Each of the six residences delivers 2,848 square feet of heated and cooled living space, plus expansive outdoor living areas designed for maximum coastal appeal. The standout feature is an expansive rooftop terrace with a wood pergola--perfect for installing a hot tub, entertaining guests, or capturing unforgettable Gulf sunsets. Multiple balconies off the open living areas and third-floor primary suites create seamless indoor-outdoor flow and deliver panoramic views of Draper Lake and the Gulf. Interiors are built for both luxury living and strong rental performance, featuring a second-floor open-concept layout...

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Home facts

  • Year built:2026
  • Listing ID #:1007386
  • Added:1 day(s) ago
  • Updated:July 11, 2026 at 09:51 AM

Rooms and interior

  • Bedrooms:18
  • Total bathrooms:24
  • Full bathrooms:18
  • Half bathrooms:6
  • Rooms Total:20
  • Kitchen Description:Dishwasher, Microwave, Refrigerator
  • Living area:17,088 sq. ft.

Heating and cooling

  • Central air:Yes

Structure and exterior

  • Year built:2026
  • Building area:17,088 sq. ft.
  • Lot area:0.82 Acres
  • Lot Features:Covenants, Restrictions
  • Architectural Style:Townhome

Schools

  • High school:South Walton
  • Middle school:Emerald Coast
  • Elementary school:Dune Lakes

Finances and disclosures

  • Price:$10,500,000
  • Price per sq. ft.:$614.47
  • Tax amount:$8,318 (2025)

Features and amenities

  • Appliances:Dishwasher, Microwave, Refrigerator
  • Amenities:Elevator

Parking

  • Carport spaces:18
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