$3,600,000

4 beds • 3.5 baths • 2,678 sqft
#971520, Rush Krug, Listing office: Scenic Sothebys International Realty
Discover luxury beachfront living in Watercolor! Projected to produce over $297,000 in rental income and provide a 4% cash on cash return annually, this beachfront escape is a top-producing investment property at the forefront of an elite 30A community. Capturing sweeping Gulf views across a large beachfront balcony, this coastal escape displays the best that 30A has to offer. Enjoying unmatched amenities and a prime location, this rare four bedroom unit has a split level floor plan which lives like a home. Nestled in an exclusive gulf-front development, you are able to enjoy a dedicated community pool and private parking garage. The second level showcases striking Gulf views from the oversized beachfront balcony. The first level also has a huge covered deck offering direct access out to the pool & beach. The development has an elevator from the parking garage. The unit comes with a dedicated parking space in the garage and an outside space as well. This gorgeous beachfront residence will be sold fully-furnished making for a seamless purchase. This wonderful escape can host up to 10 guests and has proven success as a vacation rental. Rental income history, rental income projections & estimated expenses are available by request. Inquire to receive more details on an assumable loan from the seller for $1,750,000 at 3.99% interest. This outstanding getaway is just a short stroll from the private beach access, Watercolor Beach Club, Camp Watercolor and Seaside!
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/25/2025, 9:40:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Date | Event | Price |
---|---|---|
Jan 11, 2022 | Home Sold | $3,500,000 |
Jun 22, 2015 | Home Sold | $1,700,000 |
Feb 24, 2010 | Home Sold | $1,100,000 |
Sep 28, 2004 | Home Sold | $2,303,000 |
Year | Assessment | Property Tax |
---|---|---|
2023 | $2,996,042 | $27,223 |
2022 | $2,723,675 | $20,849 |
2021 | $1,658,376 | $20,849 |
2020 | $1,658,376 | $16,052 |
History based on county public records data.
8
Dune Lakes Elementary School
Public District KG-5
3.5 mi
•6565 US Highway 98 E
7
Van R. Butler Elementary School
Public District KG-5
7.6 mi
•6694 W County Highway 30A
8
Freeport Elementary School
Public District PK-5
13.0 mi
•15381 US Highwayy 331 S
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
The neighbors living near this home have an average income of $91,875. Typical income of Santa Rosa Beach, FL residents is between $35k-100k annually. The most common type of family is married, no kids. Residents of this area typically have post secondary degree education.
The listing price of 1848 E County Highway 30a Unit 5 property is $4,320,000.
The property 1848 E County Highway 30a Unit 5 is a condo located in Santa Rosa Beach, Florida, 32459.
Active Listing: 1848 E County Highway 30a Unit 5 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1848 E County Highway 30a Unit 5 are: Dune Lakes Elementary School (GreatSchools Rating 8/10), Van R. Butler Elementary School (GreatSchools Rating 7/10), Freeport Elementary School (GreatSchools Rating 8/10), Emerald Coast Middle School (GreatSchools Rating 6/10), Freeport Middle School (GreatSchools Rating 7/10), Destin Middle School (GreatSchools Rating 8/10), Seaside Neighborhood School (GreatSchools Rating 10/10), South Walton High School (GreatSchools Rating 8/10), Freeport High School (GreatSchools Rating 8/10).
According to the records, the last property tax for 2023 is $27,223 (source: MLS/based on county public records data).
The last sale was on January 11, 2022 for $3,500,000 (source: MLS/tax record).
The property at 1848 E County Highway 30a Unit 5 has 4 bedrooms and 3 bathrooms.
The property 1848 E County Highway 30a Unit 5 is 2,805 SqFt (source: MLS/tax record).
The year of construction for 1848 E County Highway 30a Unit 5 is 2001.
This home is located at 1848 E County Highway 30a Unit 5 in Santa Rosa Beach, FL and zip code 32459. This 2,805 square foot home was built in 2001. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 28, 2025 and is currently priced at $4,320,000.
Over 2 listings were sold over their listed price in June 2025 in Santa Rosa Beach, FL. In the same period over 55 listings were sold below the listed price and 10 listings were sold for the listed price. The number of homes for sale in Santa Rosa Beach, FL increased by 6.5% between May and June 2025. In June 2025 median list price was $995,000 and the average listing age was 101 days.