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#1006514

Santa Rosa Beach

385 Morrison Avenue

5 Beds

5 Baths

4,163 Sq.Ft.

$2,500,000

MLS#: 1006514

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. This passage describes a modern American home designed to evoke a sense of wonder, with exquisite finishes and breathtaking views of the Grand Lagoon from all angles. The property has 106 feet of deep-water frontage, a backyard dock, and a heated pool that offers indoor-outdoor living. The owners recently installed a changing room for your convenience when you are lounging around at the pool. The chef's kitchen features a waterfall black-honed granite center island and other high-end features like double ovens and a subzero. The main floors are adorned with marble of various depths and colors, while the master and second levels have contrasting black wood floors. The 3-car garage provides ample parking space and a circle drive with room for more parking as needed. 

Upstairs is a second master with a balcony, a game area, and additional bedrooms and guest suites with sitting rooms, balconies, and custom closets. This property's location is in the gated community of Bay Point, a guarded community with easy access to St Andrews Bay and the Gulf of Mexico. The site is ideal for fine dining, yachting, tennis, and golf. If you like to get involved in social clubs, we have so many to choose from, like The Yacht Club, Bay Point Women's Club, etc. This community is a lifestyle, and you will love all it offers.

The owner replaced the roof recently, installed new hurricane shutters on the outside windows, and installed a whole house generator—so many additions since they have owned the property. I have a list on file.
#740419

Panama City Beach

262 Marlin Circle

5 Beds

4 Baths

5,874 Sq.Ft.

$2,500,000

MLS#: 740419

'CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS'-Stunning waterviews and dock access directly on Western Lake in beautiful Grayton Beach with no HOA fees. This custom craftsman style home was designed by architect Geoff Chick in 2006 and is nestled on a private road with mature trees in the heart of Grayton Beach. Authentic heart of pine floors flow throughout the open floor plan and an abundance of French doors and windows, optimize the majestic Western Lake views from the living room, kitchen and dining area. The master bedroom has a private balcony overlooking the lake and dock, gorgeous pine beams serve as crown molding, large walk-in closet and private bathroom with double vanity and spacious walk in shower. Down the hall are 2 additional bedrooms with en-suite baths. The second floor has 2 bedrooms and one can easily be converted to a bunk room to maximize rental potential.  The kitchen features quartz countertops, stainless steel appliances and a large island to enjoy your meals and share stories with your friends and family. This home is perfect as a primary,, second or vacation rental. Don't miss this opportunity to have Western lake in your backyard. You can launch your kayaks, paddleboards and fish just steps from your backdoor. Wake up to a gorgeous sunrise at "Grayton Sunrise."
#712269

Santa Rosa Beach

273 Grayton Trails Road

5 Beds

4 Baths

2,631 Sq.Ft.

$2,500,000

MLS#: 712269

LUXURY.VIEWS.PARADISE! An exquisite Gulf-View custom built 4 bedroom/4.5 bath luxury home in one of the most scenic seaside enclaves on the Forgotten Coast. This architectural gem offers an exceptional blend of breathtaking views, thoughtful design & upscale coastal living. Located on a peaceful cul-de-sac, this retreat is positioned to soak in stunning Gulf panoramas from the upper levels. Step inside where every detail has been carefully considered & each bedroom has their own private en-suite bath for comfort & privacy. The master suite is a sanctuary with direct balcony access of sweeping Gulf views. The luxurious en-suite with a free standing tub, separate shower & elegant green marble accents make every morning unforgettable. Head to the top floor & discover an entertainer's dream—generous living area framed by picturesque windows & a double slider leading to an expansive deck perfect for sunset gatherings or relaxing with a coastal breeze. The heart of the home is a chef's delight: custom cabinetry, a large island with waterfall quartzite countertop, GE Monogram appliances & a walk-in pantry with dry bar elevate culinary experiences.  A versatile flex room adjoining the bunk room offers endless options—a 5th bedroom, game room or media space to suit your lifestyle. Practical amenities include laundry facilities on two levels & a built-in elevator for effortless movement. The private gated community pampers with exclusive amenities, including a chic clubhouse with kitchen, pool, & fitness center. The boardwalk/golf cart path lead you to the areas pristine white sand beaches & emerald Gulf waters—your everyday escape to paradise. Mexico Beach offers a laid-back coastal lifestyle filled with boating, fishing, shops, local seafood spots & miles of uncrowded beaches.  Whether you're seeking a tranquil coastal retreat or investment, this extraordinary residence captures the best of luxury beach living. Call for your private tour & LIVE THE BEACH LIFE!
#784444

Mexico Beach

109 Dunes Drive

4 Beds

4 Baths

3,752 Sq.Ft.

$2,500,000

MLS#: 784444

Welcome to 'Stay Salty', a beautifully updated five-bedroom, four-and-a-half-bath home located on a highly sought-after corner lot in the WaterColor community. Professionally designed by Three Dog Design and sold fully furnished with a four-person golf cart, this property comfortably sleeps 12 and has been extensively upgraded throughout. A true turnkey opportunity for luxury living or high-performing short-term rental ownership.
The open, light-filled floor plan features high ceilings and coastal-inspired interiors. The spacious living and dining areas flow into a custom kitchen with quartz countertops, stainless steel appliances, and a large island with seating. The main-level primary suite offers a spa-style bath, while upstairs includes additional king and queen suites, a double-queen room, a twin bunk nook, and a secondary living area with a private balcony.
Outdoor spaces include a screened patio with grill, covered front porch, upper balcony, and expansive side deck surrounded by mature landscaping. The home includes a garage suitable for the golf cart or a small vehicle, plus driveway parking for two vehicles.
Rental performance is exceptional, producing $130,508.05 in 2024, $158,259.47 for 2025, and $210,143 for 2026 (all gross revenue numbers) with new reservations coming in daily and lots of owner use! Over 65 five-star reviews across all OTA's and a 12% repeat guest rate year-to-date highlight its proven appeal.
Owners and guests enjoy full access to WaterColor's top-tier amenities including resort-style pools, tennis and pickleball courts, trails, parks, and the private WaterColor Beach Club. Just minutes from Seaside, 30A dining, and the Gulf, this corner-lot home combines design, comfort, and strong investment potential in one of 30A's most desirable neighborhoods.
#1008482

Santa Rosa Beach

5 Red Basil Drive

5 Beds

4 Baths

2,749 Sq.Ft.

$2,500,000

MLS#: 1008482

Welcome to The Driftwood by AR Homes, a stunning NEW CONSTRUCTION residence in the heart of Blue Mountain Beach on Scenic Highway 30A. Perfectly positioned on a tranquil pond-front homesite with no HOA, this luxury coastal home offers a rare combination of privacy, natural beauty, and convenience. Designed with AR Homes' renowned craftsmanship, The Driftwood features an open-concept floor plan, expansive living spaces, and seamless indoor-outdoor living. Large windows frame peaceful water views, while thoughtfully designed gathering areas create the ideal setting for entertaining and everyday coastal living.
Located just minutes from the sugar-white beaches and emerald waters of the Gulf of America, this exceptional property provides easy access to the restaurants, boutiques, bike paths, and outdoor recreation that make 30A real estate so desirable. Whether you're searching for a primary residence, second home, or investment property, this new construction home in Blue Mountain Beach delivers timeless design and an unbeatable location.
Experience the best of South Walton luxury living with waterfront pond frontage, no HOA restrictions, and the quality and attention to detail that define an AR Homes custom residence. Proposed NEW CONSTRUCTION. Home is currently through DEP permitting and is in county permitting review. Renderings and illustrations are conceptual and intended to represent the general design of the home. Final features, finishes, specifications, may change.
#1008079

Santa Rosa Beach

TBD Lot 8 Gulf Hills Drive

4 Beds

3 Baths

3,017 Sq.Ft.

$2,500,000

MLS#: 1008079

A rare opportunity to own this huge 5 bedroom 2-level condo on the Gulf of America. Two master bedrooms with 2 master baths. Entertainment den on lower level with 6 reclining seats. Amazing up-close views of the Gulf and the swimming pool is right outside your patio level sliding door. Separate 2-car garage with opener. Lots of closets with 2 large owner closets. Serene seating on your balcony overlooking the pool and the Gulf. where you can enjoy a relaxing breakfast right off the liviing room.
#1010287

Destin

1050 Highway 98 106E

5 Beds

5 Baths

3,440 Sq.Ft.

$2,500,000

MLS#: 1010287

Development opportunity in the heart of Panama City Beach! This approximately 10+ acre parcel offers investment potential with dual zoning--approximately half located within Bay County and zoned AG-2, and approximately half within the City of Panama City Beach and zoned RTH (Residential Townhouse). The RTH zoning presents an opportunity for residential development, and the adjoining AG-2 portion may have the potential to be annexed into the City of Panama City Beach, subject to city approval and applicable requirements.
Conveniently located just minutes from Panama City Beach Parkway, shopping, dining, schools, and the Gulf beaches, this property is ideally positioned in one of the area's fastest-growing corridors. Whether you're a builder, developer, or long-term investor, this is a rare opportunity to acquire a sizeable tract with significant residential development potential in a highly desirable location.  The property is adjacent to approximately 1.5 miles of the paved Gayle's Trails recreational path along its northern boundary.
Buyer to verify zoning, annexation potential, permitted uses, dimensions, utilities, access, development feasibility, and all other pertinent information through their own due diligence.
#1008379

Panama City Beach

TBD 23 3S 16W

None Beds

None Baths

10.74 acres

$2,500,000

MLS#: 1008379

Tucked away on a quiet residential road, this beautiful 10-acre parcel located at 184 N Eden Park offers the perfect blend of privacy, natural surroundings, and prime location in Santa Rosa Beach. Zoned ''Small Neighborhood,'' the property allows up to 4 dwellings per acre--ideal for development, investment, or creating a private family compound. Partially wooded for added seclusion and charm, this property is just one block from the serene waters of Choctawhatchee Bay, offering easy access to coastal living.  Parcel contains 11.55 acres total and seller will sell 10-acres of the parcel and seller will retain 1.55-acres with a lot split at closing.  SELLER FINANCING AVAILABLE WITH CONSIDERABLE DOWN PAYMENT.
#998523

Santa Rosa Beach

184 N Eden Park Drive

None Beds

None Baths

10.0 acres

$2,500,000

MLS#: 998523

Short term rental powerhouse featuring epic ocean views, a spacious layout with 7 king suites, separate pool house with second kitchen and bunk room, private heated pool, and massive 20 person sleeping capacity to maximize revenue.

Designer furnishings, professional photography and full inventory to convey for immediate revenue generation.

Less than a 1-minute walk (under 255 steps) to pristine beach access ensures high occupancy. Includes a free six-seater golf cart and two paddleboards for added guest appeal.

Designed from the ground up to ensure easy, low cost maintenance and best possible yield.

Do an Internet search on Legacy Beach Homes of Destin, Florida to view real time calendars in order to determine availability for showings Seller is listing over $100 million worth of properties from their portfolio (35 large STRs in the Destin/Miramar/30A area with an average appraisal value of slightly over $3M each.).

The seller is only selling 10% of the portfolio. Seller will withdraw this and/or any other remaining listings once the first  $10 million (approximately)  in sales have been achieved.

Seller (Equisource Holdings dba Legacy Beach Homes) does not disclose property-level rental revenue data. Buyer to perform their own due diligence regarding income potential. However, the appraisal in the document section of this listing may include the appraiser's revenue projection. 

Seller will make all reasonable efforts to facilitate the transfer of future reservations. 

The Seller does not have to sell.  Property has been priced based on recent appraisal and reflects the seller's minimum acceptable price.

Most recent appraisal and inspections in docs section
#998181

Destin

80 Pompano Street

8 Beds

8 Baths

3,531 Sq.Ft.

$2,500,000

MLS#: 998181

Waterfront Home within Pelican Bay Community. This 5 bed/4.5 bath 3 story residence with 168' of water frontage on Choctawhatchee Bay. Equipped with a dock, 1 Boat Lift. Saltwater pool, outdoor kitchen with fireplace, kegerator, ice maker, wine/beverage fridge and a Lynx Grill. Ceiling heights ranging from 10' to 23' throughout the home. The open-concept kitchen is abundant with countertop space, cabinet storage, and natural Lighting. The picture window offers an indoor/outdoor experience while in the kitchen. Family Room offers 23' Vaulted Ceilings with Bay views, wood fireplace. Dual-car garage Pelican Bay offers a tennis court, pickleball courts, basketball goal and temporary overflow parking.
#1004315

Santa Rosa Beach

576 Shelter Cove Drive

5 Beds

4 Baths

4,485 Sq.Ft.

$2,500,000

MLS#: 1004315

FUTURE-PROOF PCB ASSET: 9,000 SF 2022-BUILD WITH 10-STORY VERTICAL POTENTIAL

Seize a premier 0.998-acre commercial footprint on Joan Avenue, positioned directly in a high-growth corridor evidenced by a neighboring property trading for $15.4M last year. Built in 2022 to rigorous 140 MPH wind standards, this high-spec complex features 100 feet of prime street frontage and a deep 435-foot lot. The property carries a rare 100-foot height allowance, offering massive potential for future vertical expansion.

MAXIMIZED RENTAL POTENTIAL: TURNKEY 6-UNIT INVESTMENT CONFIGURATION

This 60' x 150' engineered steel facility is a ''plug-and-play'' multi-tenant opportunity designed to maximize your ROI. The current layout is optimized for high-demand flex use, with the first section serving as 2 premium executive offices, lobby, a conference room and public bathroom. While the building already features five sections ready for separation, a small investment of approximately $10,000-$12,000 allows for the addition of two walls and four bathrooms to complete the full 6-unit complex. With two bathrooms already existing and plumbing stubs in place for the remaining four, this property offers a low-cost path to a high-yield, multi-stream rental asset.

INDUSTRIAL UTILITY: 53-FOOT TRAILER ACCESS AND 6-GANG POWER

Loading is seamless via six 12 x 12 grade-level roll-up doors. Property footprint is designed to accommodate a 53-foot trailer. The 9,000 SF shell maintains an efficient ratio of 8% office to 92% warehouse space, with interior clear heights ranging from 13'7'' to 16'11''. The facility is equipped with a 6-gang electrical meter bank and 600 Amp single-phase power, providing dedicated service points for each of the six potential rental units. The front office has 200 amp service.

UNINCORPORATED BAY COUNTY LOCATION: LOWER TAXES AND FEWER RESTRICTIONS

Located in Unincorporated Bay County rather than city limits, this property offers a strategic financial advantage with lower property tax rates, set at 5.4362 mills for 2026. Owners benefit from fewer municipal restrictions regarding signage or ''Gateway Overlay'' facade requirements. Standard county setbacks apply here, offering significantly more buildable flexibility than properties bordering strict city-residential zones.

STRATEGIC PRICING: ENGINEERED FOR SAFETY AND PROFIT

At a listing price of $2.5M, this asset is positioned at approximately $277 per SF, strategically aligned with the early 2026 PCB flex-industrial average of $290-$310 per SF. The property is located in Flood Zone AE with a community-determined base flood elevation (BFE) of 11.0'. Highlighting its superior engineering, the finished flood elevation is set at 12.75', providing 1 foot 9 inches of clearance above the required BFE for enhanced safety and insurance advantages.

Buyer to verify height allowance, ISR, and FAR for future development. Current tenant occupies 1500 sq ft and on a month to month lease.
#785853

Panama City

2532 Joan Avenue

None Beds

None Baths

9,000 Sq.Ft.

$2,500,000

MLS#: 785853

Positioned within one of the most exclusive residential communities along Scenic Highway 30A, this four-bedroom residence offers a rare opportunity to enjoy a private coastal lifestyle in a setting intentionally preserved for homeowners. Located behind the gates of Sand Cliffs on the Gulf, a community of just 100 homesites, the property combines exceptional privacy, generous outdoor living and coveted proximity to some of the Emerald Coast's most celebrated destinations.

Thoughtfully designed for both everyday comfort and effortless entertaining, the home features a desirable main-level primary suite with direct access to the private pool and hot tub. A spacious floor plan, two-car garage and ample guest parking create flexibility for gatherings large and small, while the expansive lot provides room to relax and enjoy the outdoors.

What truly distinguishes this offering is its location within a community where both short-term and long-term rentals are prohibited. This commitment to owner occupancy has helped preserve the quiet, neighborly atmosphere that residents value, creating a sense of permanence and connection rarely found along the coast. Owners enjoy access to two private beach walkovers and approximately 1,300 feet of sugar-white gulf frontage, offering a remarkably uncrowded beach experience.

 Ideally situated on the east end of 30A, the home places dining, shopping and entertainment within easy reach. Residents can walk or bike to nearby Kaiya Beach, Rosemary Beach, Alys Beach and Seacrest while also benefiting from convenient access to Highway 98 via Watersound Parkway. Surrounded by an extensive network of bike paths and coastal communities, this location offers the perfect balance of accessibility and seclusion.

Opportunities within Sand Cliffs on the Gulf are increasingly rare. Combining a private pool, desirable floor plan, exceptional beach access and one of the most sought-after residential settings on the Emerald Coast, this home presents an extraordinary opportunity to experience 30A at its most peaceful and refined.
#1005365

Seacrest

100 Walton Bonita Drive

4 Beds

3 Baths

2,674 Sq.Ft.

$2,500,000

MLS#: 1005365

Welcome to 254 Eden Drive in Point Washington - a hidden gem where refined coastal living meets privacy, flexibility, and exceptional outdoor potential. Positioned on an oversized 0.28-acre homesite in a quiet, low-traffic enclave, this custom-built estate offers expansive luxury living minutes from Scenic Highway 30A, the bay, state parks, dining, shopping, and the sugar-white sand Gulf beaches - with no HOA and Flood Zone X designation, meaning no required flood insurance.
Less than half a mile from the public bay launch on Choctawhatchee Bay and moments from Eden Gardens State Park, the home is ideally positioned for those who value boating, biking, and nature while remaining close to Seaside, Grayton Beach, WaterColor, restaurants, and shopping.
Spanning approximately 5,300 square feet, the residence showcases coastal modern architecture paired with exceptional craftsmanship and high-performance construction. A steel beam structural design creates an expansive open-concept floor plan that flows between the kitchen, dining, and living spaces. Soaring 12-foot ceilings on the main level, 10-foot ceilings upstairs, custom mahogany double entry doors, and solid white oak flooring throughout the main home and carriage house establish warmth and sophistication.
The main living area centers around a beautiful 66-inch linear gas fireplace wrapped in floor-to-ceiling carved stone with designer lighting throughout. Full spray foam encapsulation, upgraded... soundproofing, three high-efficiency HVAC systems, tankless water heaters, fiber internet, whole-home data wiring, and smart-ready infrastructure provide comfort and efficiency.
The chef's kitchen features custom white oak and painted cabinetry, natural stone countertops, a substantial island, and a fully appointed butler's pantry with coffee bar and prep sink. Professional-grade Thermador appliances include a 48-inch gas range, double wall ovens, built-in refrigerator and freezer with paneling, dishwasher, pot filler, and filtered water faucet.
The primary suite offers vaulted white oak beam details, patio access, and a spa-inspired bath with a freestanding stone soaking tub, dual rain-head showers, dual vanities, heated bidet toilet seat, and an oversized custom walk-in closet.
Upstairs features a vaulted game loft, media-ready bonus room, guest suites with ensuite baths, and a dedicated fitness room structurally reinforced for equipment. Theater prewiring, integrated audio zones, and camera-ready wiring further enhance functionality.
A true standout is the fully independent carriage house complete with a private entrance, full Bosch kitchen, living area, laundry, and luxurious suite - ideal for multigenerational living, guests, private office use, or rental income.
Outdoor living is where the property truly distinguishes itself. The covered shell stone patio, outdoor kitchen, beverage refrigerator, outdoor shower, and gathering spaces flow into a fully fenced, pool-ready backyard with room for a custom pool and spa, putting green, garden, or gazebo.
An oversized truck-and-boat garage, additional single-car garage, circular drive, and ample storage complete the lifestyle experience -- making spontaneous bay days effortless.
This exceptional home offers timeless design, superior craftsmanship, and the ability to personalize select finishes and backyard design. Don't miss the opportunity to make this home your own. Photo renderings are for illustrative purposes; final design details and finishes may vary and should be confirmed with the builder.
#1001943

Point Washington

254 Eden Drive

6 Beds

6 Baths

5,299 Sq.Ft.

$2,500,000

MLS#: 1001943

Here is a golden opportunity for a large beach home on the “World’s Most Beautiful” beaches. This luxury home is actually a duplex with mirroring floor plans. Enjoy 4 bedrooms and 5 baths on each side plus a large 3rd floor viewing room, (most suitable for a play room or a man cave). Each home comes fully furnished and has expansive views. The ground floor is wide open with the fully equipped kitchen having beach front views looking over a large family dining area and a huge living room. The large back deck gives direct access to the sand and sunsets. The second floor has four bedrooms, each with their own bathroom and closet. The Master Bedroom and bedroom 1 both have balconies overlooking the shoreline. Ideally located on the west end of the beach, don’t miss this opportunity.
#634051

Panama City Beach

20205 FRONT BEACH Road #E&W

8 Beds

10 Baths

6,200 Sq.Ft.

$2,500,000

MLS#: 634051

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* Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request. © 2024. First Multiple Listing Service, Inc.
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