17 Penny Lane, Santa Rosa Beach, FL 32459

Santa Rosa Beach
Local realty services provided by:Better Homes and Gardens Real Estate Emerald Coast
17 Penny Lane,Santa Rosa Beach, FL 32459
$3,945,000
  • 10 Beds
  • 11 Baths
  • 6,413 sq. ft.
  • Single family
  • Active
Listed by: cherissa cabahug, bryson g lee
Office: 1 percent lists florida coast
MLS#:992482
Source:FL_ECAR

Price summary

  • Price:$3,945,000
  • Price per sq. ft.:$615.16

About this home

This property boasts 10 spacious bedrooms and 11 bathrooms, making it the perfect retreat for large families or groups of friends looking to create unforgettable memories together. With the ability to comfortably sleep up to 28 people, your family reunions, friend getaways, or vacation rentals will be a breeze! Say goodbye to HOA restrictions and embrace the freedom of owning this incredible investment property, which has an impressive rental history. The current rental management company is projecting nearly $400,000 in rental income this year, providing you with a fantastic return on your investment. As you explore this home, you'll appreciate the exquisite, custom details and beautiful woodwork that elevate its elegance - Tax benefits commonly used by rental owners: depreciation, deductible operating expenses (management fees, maintenance, utilities), and interest deductions can help lower taxable income -- talk with your CPA about how these apply to your situation. -...

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Home facts

  • Year built:2022
  • Listing ID #:992482
  • Added:151 day(s) ago
  • Updated:June 10, 2026 at 07:22 AM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:11
  • Full bathrooms:9
  • Half bathrooms:2
  • Rooms Total:12
  • Kitchen Description:Dishwasher, Disposal, Freezer, Ice Machine, Microwave, Range Hood, Refrigerator, Stove/Oven Gas, Wine Refrigerator
  • Living area:6,413 sq. ft.

Heating and cooling

  • Central air:Yes

Structure and exterior

  • Year built:2022
  • Building area:6,413 sq. ft.
  • Lot area:0.34 Acres
  • Architectural Style:Beach House

Schools

  • High school:South Walton
  • Middle school:Emerald Coast
  • Elementary school:Van R Butler

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$3,945,000
  • Price per sq. ft.:$615.16
  • Tax amount:$27,855 (2025)

Features and amenities

  • Appliances:Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator, Stove/Oven Gas, Wine Refrigerator
  • Laundry features:Dryer
  • Amenities:Breakfast Bar, Elevator, Kitchen Island, Pantry

Parking

  • Garage:Yes
  • Garage spaces:2
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