204 Sandstone St, SANTA ROSA BEACH

$1,195,000

10 Beds
11 Baths
5,567 Sqft
.33 Acres
2 Garages

Rare, fantastic investment that has potential for a greater than 10% return! Well-situated on a huge third of an acre bordering the edge of Topsail Hill State Preserve, this unique multi-use home provides a sanctuary for multiple families with several lock-outs and apartments, a pool, and game rooms, etc. Lots to watch from the various porches overlooking Topsail Hill State Park with deer and other wildlife roaming, eagles & hawks hunting as well as the Gulf of Mexico! Privacy & seclusion galore! This property was originally built and used as a second home only, never rented and original owner! It would make an excellent Bed & Breakfast or Air BnB as it has many separate apartments, each with kitchen facilities. Fully furnished. Just a few houses over to the30A bike path! Closest beach accesses are aTopsail Hill State Park and Stallworth Preserve at end of So. Bishop. Rental projection approximates $100K.

Essential Information
MLS® #825641
Price$1,195,000
Bedrooms10
Bathrooms11.00
Full Baths10
Half Baths1
Square Footage5,567
Acres0.33
Year Built1996
TypeResidential
Sub-TypeDetached Single Family
StyleBeach House
StatusActive
Community Information
Address204 Sandstone St
AreaSouth Santa Rosa Beach
SubdivisionBeachview Heights
CitySANTA ROSA BEACH
CountyWALTON
StateFL
Zip Code32459
Amenities
AmenitiesFishing, Pets Allowed
Parking Spaces2
ParkingGarage: Attached, Guest, RV
# of Garages2
Has PoolYes
Utilities

Electric Available, Public Water Available

Pool

Pool - Gunite Concrt, Pool - In-Ground, Private, Community

Interior
# of Stories3
Interior Features

Breakfast Bar, Owner's Closet, Floor Hardwood, Furnished - All, Guest Quarters, Lock Out

Appliances

Dishwasher, Dryer, Refrigerator, Refrigerator W/Ice Maker, Stove/Oven Electric, Washer

Cooling

A/C: Two Or More, A/C: Central Electric, Ceiling Fans

Exterior
RoofRoof Metal
ConstructionFrame
FoundationFoundation Slab On Grade
Exterior

Frame, Roof Metal, Siding CmntFbrHrdBrd, Foundation Slab On Grade

Exterior Features

Balcony, Pool - Gunite Concrt, Pool - In-Ground, Porch Covered, Porch Open, Separate Living Area, Shower, Cabana, Guest Quarters

Lot Description

Level, Within 1/2 Mile Of Water, Interior

School Information
ElementaryVAN R. BUTLER
MiddleEMERALD COAST
HighSOUTH WALTON
Additional Information
Days on Website114
ZoningResidential Single Family
HOA Fees0.00
Listing Details
OfficeScenic Sotheby's Intl Realty
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Listing information last updated on October 14th, 2019 at 10:45am CDT.