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42 Palmetto Street
42 Palmetto Street
42 Palmetto Street
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For Sale

42 Palmetto Street

42 Palmetto Street, Santa Rosa Beach, FL 32459

$745,000
Investment Opportunity Meets Primary Living!

Looking for a primary residence with an investment opportunity to help pay the mortgage? This property is perfect for you! Located in the desirable Turquoise Beach neighborhood of Santa Rosa Beach, just off Mack Bayou Drive, this three-story Florida Cottage offers a unique blend of living space and rental potential.

The first floor features a lockout unit complete with a large bedroom, bathroom, living area, and kitchenette, including a sink, refrigerator, and cabinetry. Ideal for use as a long-term or short-term rental to offset your mortgage, or as a convenient mother-in-law suite for guests. Plus, Turquoise Beach has no HOA fees!

The second floor hosts the main living area with an open-concept floor plan. You'll find a spacious living room, kitchen, and dining area, along with a large balcony perfect for entertaining. There is also a roomy guest bedroom with an ensuite bathroom and a private balcony, plus a convenient half bath located off the kitchen for guests.

On the third floor, the master suite offers a spacious bedroom with two walk-in closets, a large balcony, and an ensuite bathroom featuring dual vanities, a separate water closet, a soaking tub, and a walk-in shower. Across from the master suite is the final guest bedroom, which includes an ensuite bathroom and private balcony.

The property also boasts a large yard with ample parking and no HOA fees.

The seller has installed solar panels to reduce electricity costs and will pay off the loan upon the sale of the home. Additionally, a pre-inspection has been completed, with all issues addressed and repaired.
The lockout unit has new LVP flooring installed in the bedroom and has been freshly painted.

This home is full of potential, competitively priced, and just minutes away from Walton County schools, 30A, Sacred Heart Hospital, and Grand Boulevard, which offers dining, shopping, and entertainment options.

4
beds

6
baths

3,417 Sq.Ft. LIVING AREA

0.26 Acres lot

Features & Amenities

Interior

  • total bedrooms4
  • Total bathrooms6
  • full bathrooms5
  • half bathroom1
  • APPLIANCES Dishwasher, Microwave, Oven Self Cleaning, Refrigerator, Stove/Oven Electric
  • other interior Features Breakfast Bar, Ceiling Crwn Molding, Floor Tile, Floor Vinyl, Floor WW Carpet, Lock Out, Washer/Dryer Hookup

Area & Lot

  • Status For Sale
  • Living Area3,417 Sq.Ft.
  • Lot Area0.26 Acres
  • MLS® ID961485
  • TypeResidential
  • YEAR BUILT2007
  • NeighborhoodSanta Rosa Beach
  • Architecture StylesFlorida Cottage
  • Elementary SchoolDune Lakes
  • Middle SchoolEmerald Coast
  • High SchoolSouth Walton

Exterior

  • STORIES3
  • Garage Space2.0
  • utilitiesElectric, Public Sewer
  • lot featuresLevel
  • AIR CONDITIONINGCeiling Fan(s), Central Air
  • other exterior FeaturesBalcony, Fenced Back Yard, Patio Covered

Financial

  • Sales Price$745,000
  • Real Estate Tax $5,833/yr
  • Zoning Resid Single Family
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Schedule a Showing

I would love to show you our beautiful property. Please select your preferred date and time below. I will be in touch shortly to confirm your appointment.

Thank you for your interest in 42 Palmetto Street, Santa Rosa Beach, FL 32459. We are reviewing your request and will be in touch shortly!
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Ready to make your dream move? Whether you're buying, selling, or relocating, we’re here to guide you every step of the way. Contact Vanessa today to start your journey to a new home!

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Contact Details

Vanessa Faulkner

Phone

(850) 252-0091

Email

[email protected]

Address

495 Grand Blvd #206 Miramar Beach FL 32550

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