4 Beds
5 Baths
Full Baths: 4 Half Baths: 1
3,417 SqFt
0.26 Lot Size
2007 Year Built

Back on the market - Buyer's financing fell through. SELLER MUST SELL! Offering 10K in flex cash to the buyer with a reasonable offer.

Looking for a primary residence with an investment opportunity to help pay the mortgage? This property is perfect for you! Located in the desirable Turquoise Beach neighborhood of Santa Rosa Beach, just off Mack Bayou Drive, this three-story Florida Cottage offers a unique blend of living space and rental potential.

The first floor features a lockout unit complete with a large bedroom, bathroom, living area, and kitchenette, including a sink, refrigerator, and cabinetry. Ideal for use as a long-term or short-term rental, or a convenient mother-in-law suite for guests. The second floor hosts the spacious living room, kitchen, and dining area, along with a large balcony perfect for entertaining. There is also a roomy guest bedroom with an ensuite bathroom and a private balcony, plus a convenient half bath located off the kitchen for guests.

On the third floor, the master suite offers a spacious bedroom with two walk-in closets, a large balcony, and an ensuite bathroom featuring dual vanities, a separate water closet, a soaking tub, and a walk-in shower. Across from the master suite is the final guest bedroom, which includes an ensuite bathroom and private balcony.

The property also boasts a large yard with ample parking and no HOA fees.

The seller has installed solar panels to reduce electricity costs and will pay off the loan upon the sale of the home. Additionally, a pre-inspection has been completed, with all issues addressed and repaired.
The lockout unit has new LVP flooring installed in the bedroom and most of the interior has been freshly painted.

This home is full of potential, competitively priced, and just minutes away from Walton County schools, 30A, Sacred Heart Hospital, and Grand Boulevard, which offers dining, shopping, and entertainment options.

Buyer to verify all data, information, and/or dimensions provided herein and deemed important to Buyer before submitting an offer.

Listed by Real Broker LLC

GALLERY

42 Palmetto Street, Santa Rosa Beach, FL 32459

PROPERTY DETAIL

Key Details

Sold Price $550,000
Property Type Single Family Home
Sub Type Detached Single Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3, 417 sqft
Price per Sqft $160
Subdivision Turquoise Beach
MLS Listing ID 971289
Sold Date 02/06/26
Style Florida Cottage
Bedrooms 4
Full Baths 4
Half Baths 1
HOA Y/N No
Year Built 2007
Annual Tax Amount $6,316
Tax Year 2024
Lot Size 0.260 Acres
Acres 0.26
Lot Dimensions 75X150
Property Sub-Type Detached Single Family
Source Emerald Coast Association of REALTORS®
Land Area 3417
Location

State FL
County Walton
Area 16 - North Santa Rosa Beach
Zoning Resid Single Family
Direction Take Mack Bayou North to the first stop sign. Take a right. Palmetto Street is 3rd Road on your left. Home is 3rd home on the right.
Rooms

Family Room true
Primary Bedroom Level Upper
Master Bedroom true
Dining Room true
Kitchen true
Building

Lot Description Level
Faces Take Mack Bayou North to the first stop sign. Take a right. Palmetto Street is 3rd Road on your left. Home is 3rd home on the right.
Story 3
Sewer Public Sewer
Architectural Style Florida Cottage
New Construction No

Interior

Interior Features Breakfast Bar, Ceiling Crwn Molding, Lock Out, Washer/Dryer Hookup
Cooling Ceiling Fans, Central Air
Flooring Floor Tile, Floor Vinyl, Floor WW Carpet
Window Features Solar Screens
Appliance Dishwasher, Microwave, Oven Self Cleaning, Refrigerator, Stove/Oven Electric
Laundry true
Exterior

Exterior Feature Balcony, Fenced Back Yard, Covered Patio, Fenced Backyard, Balcony
Garage Spaces 2.0
Utilities Available Electric
Roof Type Metal
Street Surface Paved
Porch Patio Covered
Garage Yes
Schools

Elementary Schools Dune Lakes
Middle Schools Emerald Coast
High Schools South Walton
Others

Pets Allowed No
Tax ID 13-2S-21-42240-003-00D0