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$750,000 Sale Pending

  • For Sale
  • Pending
  • Single Family
  • 2 Beds
  • 2 Full Baths
  • 1,187 Sq. Ft.
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A rare Emerald Coast offering in the heart of Historic Grayton Beach, this exquisitely renovated and fully furnished beach cottage is set on a .23-acre lot at the end of a quiet cul-de-sac, delivering privacy, charm, and effortless access to the coast. Thoughtfully curated and expertly presented, the home reflects a level of quality and attention to detail synonymous with premier Emerald Coast properties. Designed for relaxed yet refined coastal living, the residence features laminate and tile flooring throughout, granite kitchen countertops, stainless steel appliances, and tasteful finishes that blend classic beach character with modern comfort. Outdoor highlights include an exterior shower, abundant parking, and generous space for gathering after days spent on the water or sand. With No HOA, this property offers exceptional flexibilityideal as a high-performing short-term rental, primary residence, or second home. Enjoy proximity to public beaches, fishing, and the vibrant Emerald Coast lifestyle, with nearby shopping, dining, and local favorites easily accessible by golf cart, bike, or short drive. Fully furnished and move-in ready, opportunities like this are increasingly rare in Grayton Beach. This is a true Emerald Coast gemauthentic, investment-worthy, and perfectly positioned in one of Florida's most sought-after coastal communities.

Full Property Details for 272 Blue Gulf Dr

General

  • Price: $750,000
  • Taxes: $4,219 (2025)
  • Status: Pending
  • Type: Single Family
  • Source: Emerald_Coast
  • MLS ID: 994555
  • Updated: 4/13/2026
  • Added to Site: 112 day(s) ago

Interior

  • Number of Rooms: 6
  • Appliances: Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Stove/Oven Electric, Washer, Water Heater - Elect
  • Furnishings: Furnished - All
  • Flooring: Floor Laminate, Floor Tile

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Exterior

  • Exterior Features: BBQ Pit/Grill, Shower
  • Porch/Patio/Deck: Porch Screened

Location

  • Area: 17 - 30A West
  • County: Walton
  • Subdivision: GULF HILLS ESTATES UNREC
  • Driving Directions: From Hwy 30a traveling West from CR83: Turn right onto 30a, travel approx 1.1mi. Look for Justin Gaffrey Art studio on your right, turn right on Blue Gulf Dr and follow until it turns right. Last house on your right is 272. From Hwy 30a traveling East from CR393: Turn left onto 30a, travel approx 1.2mi. After passing Matthews Dev. Comp, look for Justin Gaffrey Art studio on left.

School Information

  • Elementary School: Van R Butler
  • Middle School: Seaside
  • High School: South Walton

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Central, Natural Gas
  • Heating/Cooling: Central, Natural Gas, Central Air

Utilities

  • Sewer: Public Sewer
  • Utility Description: Electric, Public Water, TV Cable

Structural Information

  • Architectural Style: Beach House
  • Construction: Siding Vinyl
  • Exterior Const.: Siding Vinyl
  • Stories/Levels: 1
  • Square Feet: 1,187
  • Sq. Ft. Source: Appraiser
  • Year Built: 1978

Lot Features

  • Lot Size (Acres): 0.23
  • Lot Size (Sq. Ft.): 10,018.8
  • Lot Dimensions: 88.9 x 115 x 89 x 115
  • Lot Features: Dead End, Survey Available
  • Zoning: Resid Single Family

Financial Considerations

  • Tax Amount: $4,219.34
  • Tax Year: 2025

Disclosures and Reports

  • Legal Description: Long Desc In Nw4 Of Sw4 Being Lot 6 Blk C Gulf Hills Estates Unrecd Or 1089-223 Or 2334-529
  • APN: 01-3S-20-34200-00C-0060
  • Property ID: 01-3S-20-34200-00C-0060

Listed by 1st Class Real Estate Lanier Group

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— 272 Blue Gulf Dr —

  • 1st Class Real Estate Lanier Group

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 272 Blue Gulf Dr

School District:Walton County School District
NameGradesDistance
Bay Elementary School
6565 US Highway 98 East, Santa Rosa Beach, FL 32459
K-58 mi
Emerald Coast Middle School
4019 US Highway 98 East, Santa Rosa Beach, FL 32459
6-85.7 mi
South Walton High School
645 Greenway Trail, Santa Rosa Beach, FL 32459
9-122.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 272 Blue Gulf Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/13/2026
Price Reduced
$750,000
-5.66%
MLS
2/04/2026
Listed
$795,000
857.83%
MLS
6/26/2001
Sold
$83,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 272 Blue Gulf Dr

Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,120
14%
$635,420
15%
2023
$3,614
68%
$552,425
141%
2021
$2,155
-41%
$229,244
-60%
2022
$3,665
70%
$571,011
165%
2021
$2,155
11%
$215,727
21%
2019
$1,937
5%
$178,731
10%
2018
$1,838
14%
$162,483
-7%
2017
$1,606
5%
$175,635
3%
2016
$1,536
5%
$171,351
5%
2015
$1,464
15%
$163,793
21%
2014
$1,275
22%
$134,895
34%
2013
$1,047
—
$100,891
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by 1st Class Real Estate Lanier Group

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272 Blue Gulf Drive, Santa Rosa Beach, FL 32459 (MLS# 994555) is a Single Family property with 2 bedrooms and 2 full bathrooms. 272 Blue Gulf Drive is currently listed for $750,000 and was received on February 05, 2026. Want to learn more about 272 Blue Gulf Drive? Do you have questions about finding other Single Family real estate for sale in Santa Rosa Beach? You can browse all Santa Rosa Beach real estate or contact a Coldwell Banker agent to request more information.

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