Date
Details
Price
Change
Source
9/28/2026
Listed
$5,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
Perched atop a sugar-white dune in the private, gated enclave of Old Florida Beach, this rare gulf-front lot offers both immediate rental income and long-term development potential. The existing home, spanning only half of the buildable footprint, generates nearly $200,000 in annual rental revenue and comfortably accommodates up to 14 guests. Priced at lot value based on recent sales on the west end of Scenic Highway 30A, this is a compelling opportunity to hold, collect, and plan. The current residence offers classic coastal charm, featuring breezy porches, multiple balconies, and a walkway that leads directly to the shoreline. Inside, the open-concept main floor includes a large living area, dining space for six, and a generous kitchen with wraparound butcher block counters. Two guest rooms with twin queen beds share a hall bath on this level, while upstairs features two additional queen bedrooms with balcony access, a shared bath, and a spacious gulf-facing primary suite. The primary includes its own beachfront balcony, wet bar, and an ensuite with marble-tiled walk-in shower and granite-topped vanities. Beyond the home itself, Old Florida Beach is a coveted low-density community with private beach access, a neighborhood pool, and a dock on Draper Lake -- one of the area's rare coastal dune lakes. From this tranquil location, you're minutes from Gulf Place, Seaside, Florida, and the Village of Baytowne Wharf, with dining, shops, and entertainment close by. Bring a buyer, builder, or investor ready to envision a future gulf-front masterpiece, while letting the current home pay its way in the meantime.
Full Property Details
Full Property Details for 485 Old Beach Rd
General
- Price: $5,500,000
- Taxes: $35,913 (2025)
- Status: Active
- Type: Single Family
- Source: Emerald_Coast
- MLS ID: 1012886
- Updated: 9/28/2026
- Added to Site: 1 day(s) ago
Rental Information
- Complex Features: Short Term Rental - Allowed, Beach, Dock, Gated Community, Pets Allowed, Picnic Area, Pool
Interior
- Number of Rooms: 8
- Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove/Oven Electric, Washer
- Furnishings: Furnished - All
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 5
Additional Information
- Pool: Yes
- Pool Description: Pool Type
Exterior
- Exterior Features: Balcony, Shower
- Porch/Patio/Deck: Deck Covered, Deck Open, Patio Open
Location
- Area: 17 - 30A West
- County: Walton
- Subdivision: OLD FLORIDA BEACH
- Driving Directions: Heading east on County Hwy 30A, TURN RIGHT past onto Gulfview Heights Street, Heading SOUTH 2 Blocks turn LEFT on Old Beach Road into Old Florida Beach neighborhood, thru gate (call for gate code) turn right at stop sign to 485 Old Beach Road (second gulf front home on right).
School Information
- Elementary School: Van R Butler
- Middle School: Emerald Coast
- High School: South Walton
Community
- Association: Yes
- Assoc. Fees Include: Accounting, Ground Keeping, Land Recreation, Management, Recreational Faclty
Utilities
- Sewer: Community Sewer
- Utility Description: Community Water, Electric, Gas - Natural, Public Water, TV Cable
Structural Information
- Architectural Style: Beach House
- Construction: Siding CmntFbrHrdBrd
- Exterior Const.: Siding CmntFbrHrdBrd
- Stories/Levels: 2
- Square Feet: 2,351
- Sq. Ft. Source: County PA Records
- Year Built: 1996
Lot Features
- Property View: Gulf
- Lot Size (Acres): 0.56
- Lot Size (Sq. Ft.): 24,393.6
- Lot Dimensions: 65' by 100'
- Frontage: Private Road
- Lot Features: Covenants, Within 1/2 Mile to Water
- Zoning: Resid Single Family
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Type: Gulf
Financial Considerations
- Assessment Amount: $2,600
- Tax Amount: $35,913.68
- Tax Year: 2025
Disclosures and Reports
- Legal Description: LOT 6 OLD FLORIDA BEACH PB 9-17 OR 980-191 OR 1420-156 OR 3050-4064
- APN: 11-3S-20-34020-000-0060
- Property ID: 11-3S-20-34020-000-0060
Listed by Scenic Sotheby's International Realty
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Listing agent
— 485 Old Beach Rd —
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Schools
Schools serving 485 Old Beach Rd
School District:Walton County School District
| Name | Grades | Distance |
|---|---|---|
Bay Elementary School 6565 US Highway 98 East, Santa Rosa Beach, FL 32459 | K-5 | 8.7 mi |
Emerald Coast Middle School 4019 US Highway 98 East, Santa Rosa Beach, FL 32459 | 6-8 | 6.5 mi |
South Walton High School 645 Greenway Trail, Santa Rosa Beach, FL 32459 | 9-12 | 3.4 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 485 Old Beach Rd
Tax History
Tax History for 485 Old Beach Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$35,914
9%
$3,984,126
10%
2024
$32,935
5%
$3,605,619
3%
2023
$31,414
42%
$3,506,497
50%
2021
$22,081
-23%
$2,343,209
-24%
2022
$28,762
30%
$3,103,581
50%
2021
$22,081
16%
$2,068,266
13%
2019
$19,109
11%
$1,835,192
10%
2018
$17,248
7%
$1,668,356
-4%
2017
$16,190
8%
$1,743,793
8%
2016
$15,032
13%
$1,616,745
20%
2015
$13,269
9%
$1,352,218
12%
2014
$12,123
13%
$1,207,943
17%
2013
$10,746
—
$1,035,917
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 485 Old Beach Rd
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485 Old Beach Road, Santa Rosa Beach, FL 32459 (MLS# 1012886) is a Single Family property with 5 bedrooms and 4 full bathrooms. 485 Old Beach Road is currently listed for $5,500,000 and was received on September 28, 2026. Want to learn more about 485 Old Beach Road? 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.