#975506, Blankenship Watkins Advisory Group, Listing Office: Christies International Real Estate Emerald Coast
40 Long Leaf Cir Santa Rosa Beach, FL 32459
Property details
About 40 Long Leaf Cir
Price Improvement! This highly versatile, income-producing property is now offered at a reduced price, making it a rare find just minutes from 30A. Zoned for both short-term and long-term rentals, this opportunity offers flexibility and value rarely found this close to the beach—without the 30A price tag. Set on a .28-acre lot and bordered by a 255-acre conservation buffer that will never be developed, the property includes two fully furnished, coastal-inspired cottages plus a 30-amp RV hookup with sewer connection. With ample parking, no HOA, and room to add a pool or garden, the potential here is exceptional. The Blue Cottage features 2 bedrooms, 1 bath, 868 square feet of heated and cooled living space, plus a 178-square-foot screened porch, totaling 1,046 square feet of usable space. Recent updates include a 2023 metal roof, new kitchen appliances, island, countertops, flooring, interior and exterior paint, water heater, washer/dryer, and a new laundry room door. The cottage also includes a screened-in porch with a flat-screen TV, grilling deck, and is plumbed for a future outdoor shower, pool, or spa. The last long-term lease grossed $2,100 per month, and it grossed $29,000 as a short-term rental in 2023. On the opposite side of the property sits Crab Island, a one-bedroom, one-bath studio cottage built in 2014. The studio offers 350 square feet of interior space plus a 236-square-foot screened porch with large sliding glass doors that create an open-air flow between indoor and outdoor living. The porch features a sink, mini fridge, storage, and ceiling fans, making it ideal for entertaining. Additional features include a wraparound deck, outdoor shower, fenced backyard, and storage area. The studio grossed $19,000 as a short-term rental in 2023, and its last long-term lease brought in $1,650 per month. Located just minutes from the white-sand beaches of South Walton, parks, Grand Boulevard, Miramar & Destin this property is ideal for investors, multi-generational living, or those seeking a personal retreat with strong rental income potential.
Highlights
Summary
- Full Bathrooms: 2
- Total Bedroom Count: 3
- Private Pool: No
- Architectural Style: Cabin
- Heating: Wall Furnace, Central
- Cooling: Wall/Window Unit(s), Central Air
- List Price: $499,000
- Price/SqFt: $398
- Annual Tax Amount: $1,475
- Tax Year: 2023
- Lot: Survey Available, See Remarks
- Directions: Take HWY 98 to East Hewitt Rd., and then take a left on Long Leaf Circle. Property is second home on the right. Sale includes BOTH Cottages.
- Year Built: 2006
- Stories: 1
- Living Area: 1,252 SqFt
- Lot Size: 0.28 Acres
- MLS Number: 973018
- MLS Name: Emerald Coast Association of REALTORS®
- Office Name: A List Beach Realty LLC
- Office Phone: (404) 259-8333
- Office Email: james@alistbeachrealty.com
- Listing Agent: Bridgett L Hall-Cotton, Wade Cotton
Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2025. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/9/2025, 7:20:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$499,000
40 Long Leaf Cir
$5,926
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Sep 12, 2006 | Home Sold | $150,000 |
Dec 31, 1996 | Home Sold | $17,500 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $182,251 | $1,475 |
2022 | $156,522 | $1,329 |
2021 | $119,687 | $1,329 |
2020 | $113,023 | $1,158 |
2019 | $109,762 | $841 |
2017 | $77,186 | $396 |
History based on county public records data.
Nearby schools
7
Van R. Butler Elementary School
Public District KG-5
1.8 mi
•6694 W County Highway 30A
8
Dune Lakes Elementary School
Public District KG-5
9.7 mi
•6565 US Highway 98 E
9
Bluewater Elementary School
Public District KG-5
11.2 mi
•4545 Range Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $79,167. The majority of Santa Rosa Beach, FL residents have income between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.
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Frequently asked questions
About 40 Long Leaf Cir
The listing price of 40 Long Leaf Cir property is $499,000.
The property 40 Long Leaf Cir is a house located in Santa Rosa Beach, Florida, 32459.
Active Listing: 40 Long Leaf Cir is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 40 Long Leaf Cir are: Van R. Butler Elementary School (GreatSchools Rating 7/10), Dune Lakes Elementary School (GreatSchools Rating 8/10), Bluewater Elementary School (GreatSchools Rating 9/10), Destin Middle School (GreatSchools Rating 8/10), Emerald Coast Middle School (GreatSchools Rating 6/10), Freeport Middle School (GreatSchools Rating 7/10), South Walton High School (GreatSchools Rating 8/10), Seaside Neighborhood School (GreatSchools Rating 10/10), Freeport High School (GreatSchools Rating 8/10).
According to the records, the last property tax for 2023 is $1,475 (source: MLS/based on county public records data).
The last sale was on September 12, 2006 for $150,000 (source: MLS/tax record).
The property at 40 Long Leaf Cir has 3 bedrooms and 2 bathrooms.
The property 40 Long Leaf Cir is 1,252 SqFt (source: MLS/tax record).
The year of construction for 40 Long Leaf Cir is 2006.
This home is located at 40 Long Leaf Cir in Santa Rosa Beach, FL and zip code 32459. This 1,252 square foot home, which was built in 2006, sits on a 0.28 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 8, 2025 and is currently priced at $499,000.
Santa Rosa Beach, FL housing market in April 2025 saw over 5 listings sold above listed price, more than 15 sold at listed price and over 72 sold below. Between March and April 2025, Santa Rosa Beach, FL real estate market has seen increase in the number of listings by 9%. In April 2025, listings were on the market for 112 days. During the same period, the median list price in this real estate market was $999,050.