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$779,500 -$35,500 (-4.36%) Price Reduced
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Property Description
Prime Development Opportunity South of 30A - High & Dry in Seagrove's Eastern Lake Area. Positioned just steps from a large public beach accesses, this 50' x 150' lot offers a rare opportunity to build in a high-demand, no-HOA neighborhood south of Scenic 30A. Flat, high, and mostly cleared, the property is development-ready with no build-out time restrictions--ideal for spec homes or long-term investment.Located in the heart of Seagrove's Eastern Lake area, the lot is directly adjacent to the walk/bike path and within easy reach of local favorites including shops, dining, and the scenic state park trails just across 30A. Seaside is a quick 2.5-mile bike ride or drive away, making this a prime location for buyers seeking the quintessential 30A lifestyle. Whether you're building a custom beach retreat or looking for a smart investment play, this flat, build-ready lot delivers on both location and potential.
Full Property Details
Full Property Details for 86 S Gulf Dr S
General
- Price: $779,500
- Status: Active
- Type: Vacant Land
- Source: Emerald_Coast
- MLS ID: 979381
- Updated: 1/13/2026
- Added to Site: 204 day(s) ago
Additional Information
- Shared Amenities: Beach, Fishing
Location
- Area: 18 - 30A East
- County: Walton
- Subdivision: Eastern Lake S/D
- Driving Directions: Take Hwy 395 from Hwy 98. Turn left on 30A and take right on S Gulf Drive. The property is on the right.
School Information
- Elementary School: Dune Lakes
- Middle School: Emerald Coast
- High School: South Walton
Utilities
- Utility Description: Electric, Public Sewer, Public Water
Lot Features
- Lot Size (Acres): 0.17
- Lot Dimensions: 50' x 150'
- Lot Features: Within 1/2 Mile to Water
- Zoning: Resid Single Family
Financial Considerations
- Price Per Acre: $4,585,294
Disclosures and Reports
- Legal Description: LOT 9 BLK B EASTERN LAKE S/D PB 2-30 OR 105-81 OR 3024-305 OR 3088-140
- APN: 19-3S-18-16010-00B-0090
Listed by Compass
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Schools
Schools serving 86 S Gulf Dr S
School District:Walton County School District
| Name | Grades | Distance |
|---|---|---|
Bay Elementary School 6565 US Highway 98 East, Santa Rosa Beach, FL 32459 | K-5 | 2.6 mi |
Emerald Coast Middle School 4019 US Highway 98 East, Santa Rosa Beach, FL 32459 | 6-8 | 3.3 mi |
South Walton High School 645 Greenway Trail, Santa Rosa Beach, FL 32459 | 9-12 | 6.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 86 S Gulf Dr S
Date
Details
Price
Change
Source
1/13/2026
Price Reduced
$779,500
-4.36%
MLS
6/27/2025
Listed
$815,000
16.43%
MLS
6/09/2023
Sold
$700,000
—
Public Record
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
Tax History for 86 S Gulf Dr S
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,913
—
$528,097
23%
2024
$3,913
50%
$428,347
—
2023
$2,608
48%
$428,347
85%
2021
$1,766
-24%
$231,633
-37%
2022
$2,338
32%
$368,558
74%
2021
$1,766
12%
$211,968
91%
2019
$1,579
41%
$111,140
10%
2018
$1,116
6%
$101,036
-15%
2017
$1,049
5%
$119,017
4%
2016
$997
6%
$114,523
7%
2015
$939
24%
$107,173
39%
2014
$756
16%
$77,173
23%
2013
$651
—
$62,735
—
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 86 S Gulf Dr S
86 S Gulf Drive S, Santa Rosa Beach, FL 32459 (MLS# 979381) is a Vacant Land property with a lot size of 0.17 acres. 86 S Gulf Drive S is currently listed for $779,500 and was received on June 27, 2025. Want to learn more about 86 S Gulf Drive S? Do you have questions about finding other Vacant Land 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.

