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$779,500 Just Listed
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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
General
- Price: $779,500
- Status: Active
- Type: Residential Lots
- Source: Emerald_Coast
- MLS ID: 979381
- Updated: 5/27/2026
- Added to Site: 2 day(s) ago
Rental Information
- Complex Features: 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
- Sewer: Public Sewer
- Utility Description: Electric, Public Water
Lot Features
- Lot Size (Acres): 0.17
- Lot Size (Sq. Ft.): 7,405.2
- Lot Dimensions: 50' x 150'
- Frontage: County Road
- Street/Road Desc.: Paved Road
- Lot Features: Within 1/2 Mile to Water
- Zoning: Resid Single Family
Financial Considerations
- Price Per Acre: $4,585,294.12
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
- Property ID: 19-3S-18-16010-00B-0090
Listed by Compass
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Schools
Schools serving 86 S Gulf Dr
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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 86 S Gulf Dr
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
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
86 S Gulf Drive, Santa Rosa Beach, FL 32459 (MLS# 979381) is a Residential Lots property with a lot size of 0.17 acres. 86 S Gulf Drive is currently listed for $779,500 and was received on May 27, 2026. Want to learn more about 86 S Gulf Drive? Do you have questions about finding other Residential Lots 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.

