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This is a rare opportunity to own a 6.68 acre property that kisses the bay. Maps indicate about 130-150ft of waterfront. Oaks, Pines and Southern Magnolias dot the property throughout. Current zoning is Neighborhood Infill, up to 8 units per acre. Property could be used for one large estate size spectacular homesite overlooking the water, or work with the county to further develop. Underground power is at the property.

To the south of this property is the Kellogg Nature Center with parking and trail to the Kellogg Bay front Park. Coming soon is a new discovery building.

To see the property in person, 24 hour advanced notice required to view the property. Owners live at the property. Call your agent to schedule a time to see the property in person. NO DRIVE BY.

Santa Rosa Beach

270 N Garden Lane Drive

None Beds

None Baths

6.68 acres

$3,500,000

MLS#: 892349

An exceptional Gulf-front investment opportunity where luxury meets income potential. With more than $330,000 in proven rental income in 2025. This stunning coastal property features four beautifully appointed two-bedroom units, offering a total of 8 bedrooms and 8 full bathrooms, all thoughtfully designed to maximize comfort, style, and revenue. Perfectly positioned directly on the Gulf, the property showcases breathtaking Panama City Beach sunsets and uninterrupted water views from private balconies for every unit, creating an unforgettable experience for guests and owners alike. A Gulf-front pool provides the ultimate setting for relaxation, while the pristine white sand beach is just steps away. Inside, each residence is finished with upscale coastal touches, including gorgeous white oak luxury vinyl plank flooring, open-concept kitchens, and striking shiplap ceilings that enhance the bright, airy atmosphere throughout. The layout of each unit is designed for both functionality and entertaining, making it ideal for short-term rentals or multi-family use. On the ground level, covered parking beneath the home offers both convenience and additional entertainment space, complete with grilling areas, tables, games, and gathering spots--perfect for hosting guests and creating memorable beachside experiences. With rental projections reaching as high as $385,000 per year, this property presents a rare opportunity to own a premier Gulf-front income-producing asset in one of Panama City Beach's most desirable locations. Whether you're expanding your portfolio or seeking a luxury coastal retreat with exceptional returns, this one-of-a-kind property delivers the perfect blend of location, lifestyle, and long-term value.

Panama City Beach

8221 Surf Drive

8 Beds

8 Baths

5,320 Sq.Ft.

$3,500,000

MLS#: 1002814

Destin

400 Mattie M. Kelly Boulevard

None Beds

None Baths

7.81 acres

$3,500,000

MLS#: 772445

Freeport

14703 331 Business

None Beds

None Baths

N/A

$3,500,000

MLS#: 961627

Santa Rosa Beach

124 Sea Croft Drive

None Beds

None Baths

4.0 acres

$3,500,000

MLS#: 907662

This exceptional parcel is 211+ acres, just minutes from 331 and east of Windswept on Highway 20. This is a rare offering with endless opportunity for private use or development of 180-200+ homesites (there are infinite options for subdividing). With the massive amount of development and growth from South Walton County to north of the bay, this property makes a very unique offering. The parcel is located less than 20 minutes from the beaches of South Walton and all the Emerald Coast offers. Buyer to verify all land use and property dimensions.

Freeport

TBD HWY FL-20

None Beds

None Baths

211.0 acres

$3,500,000

MLS#: 862373

Freeport

14703 US-331 BUS

None Beds

None Baths

7.91 acres

$3,500,000

MLS#: 961624

Nestled among a canopy of majestic live oak trees on a sprawling 3/4-acre lot, this custom-built ICF home boasts 144 feet of water frontage on the Santa Rosa Sound & intracoastal waterway. From this prime waterfront location in the Fort Walton Beach area, you'll enjoy stunning sunrises, sunsets, and even glimpses of the Gulf.

Perched atop a bluff in a flood zone X, this energy-efficient ICF home is built to be resilient against mother nature and stand the test of time. This meticulously crafted home maximizes every inch of space, offering an inviting blend of spaciousness for entertaining and cozy comfort, all while showcasing stunning views of the Santa Rosa Sound from every room.

This sprawling 7 bedroom, 7.5-bathroom estate spans 7,359 square feet across three separate wings. Each bedroom has their own en suite full bathroom. There are two master suites, one upstairs and one downstairs. Each level is thoughtfully equipped with its own laundry facilities, ensuring convenience and ease in everyday living. The main floor has a spacious living room as well as a dedicated office space and cozy fireplace den, providing versatile spaces to accommodate all your needs.

The gourmet chef's kitchen is sure to be the heart of the home, featuring custom cabinetry, a 6-burner Wolf range, and and integrated Sub-Zero refrigerator, all centered around a large island making it the main attraction for family and friends to gather. Enjoy of the luxury of multiple dining spaces with two designated indoor dining rooms, and the option of entertaining outside on the oversized back patio overlooking the expansive backyard with saltwater pool and serene panoramic views of the "Sound Island Chains," with white sandy beaches and beautiful estuary landscapes. Guest can arrive by land or sea, pulling right up to the deep water dock, featuring a 40,000-pound boat lift, multiple slips, and thru-flow decking. The slips and water around the dock are deeper than most in the area because the intracoastal channel runs alongside the property. Depths range from 5.9-9.2 feet. In the front of the home, the split 5 car garage and round about pavered driveway ensure storage and parking are never an issue. One of the garage bays is currently being used for a gym. The neighboring lot with pavered driveway is ideal for overflow parking and available for a separate purchase price in addition to the main house. You can keep it for parking and green space or build another single family residence next door.

Throughout the home you'll want to take advantage of the whole home stereo systems and surround sound. This home is the perfect blend of modern luxury and casual coastal elegance and it is truly one of the most coveted waterfront locations in the entire Fort Walton Beach area just a 15 minute boat ride from Crab Island and the Destin Harbor, or 10 minutes from the tranquil islands of Navarre Beach.

All major systems in the home have been updated in recent years. Roof (2023), New 40,000lb boat lift and jet ski lift (2023), New salt water pool equipment (2023), 2 new HVAC units (2023), New water heaters plus so much more. Please reference the additional documents for more info on renovations and age of items. This home was built using Insulated concrete form (ICF) which has become an elevated standard for high performance residential construction using insulated foam and reinforced concrete blocks to shape of the exterior walls of the home. This method ensures a sound proof, energy efficient, and natural disaster resistant home which is structurally superior for years to come.

Don't miss this opportunity to make your waterfront dreams a reality!

Mary Esther

15 Plantation Oaks Drive

7 Beds

7 Baths

7,359 Sq.Ft.

$3,500,000

MLS#: 991403

Boater's Dream in Botany Bayou - Luxury Meets Location

Welcome to this extraordinary, fully furnished, waterfront retreat in the secluded, gated enclave of Botany Bayou — ideally located between the bay and Scenic 30A. Set on nearly an acre and offering deep water access, this stunning 4,351 sq. ft. residence was fully remodeled in 2019.

This 4-bedroom, 4.5-bath home features a dedicated office, media room, and soaring vaulted ceilings with exposed beams that elevate the light-filled, modern interior. High-end finishes include shiplap walls, custom lighting, hardwood floors, and a beautiful fireplace that anchors the main living space.

The chef's kitchen is equipped with top-of-the-line appliances, including a Sub-Zero fridge, Wolf gas cooktop, Bosch dishwasher, Scotsman ice maker, Wolf built-in coffee system, and wine fridge. The spacious primary suite is located on the main floor and features his-and-her walk-in closets and a spa-like bathroom retreat.
Upstairs, you will find two additional guest suites with en-suite bathrooms, a media room with a wet bar, and a cozy bunk room with matching sets of built-in bunks.
Step outside and experience the ultimate in outdoor living: a custom negative-edge pool and spa, summer kitchen, fire pit, and private dock with boat lift and jet ski lift, all set against the tranquil backdrop of the bayou.

Santa Rosa Beach

430 Botany Boulevard

4 Beds

4 Baths

4,351 Sq.Ft.

$3,500,000

MLS#: 978357

Watersound

100 S Bridge Lane 315C

3 Beds

3 Baths

2,164 Sq.Ft.

$3,500,000

MLS#: 995149

Destin

400 Mattie M. Kelly Boulevard

None Beds

None Baths

N/A

$3,500,000

MLS#: 736182

Destin

2972 Scenic Hwy 98

8 Beds

7 Baths

5,895 Sq.Ft.

$3,500,000

MLS#: 772067

Impeccably maintained and positioned on a large corner lot just steps from Frog Pool, this WaterColor Phase III home is being sold by its original owners who spared no expense in its details. Ideal as a primary residence, vacation home or rental investment, this home offers instant curb appeal with a wraparound front porch and screened back porch, a carport readied for a carriage house (utilities have been pulled and plans will convey with sale) and a fenced backyard perfect for a pool. The open floor plan inside includes a chef-inspired kitchen with double islands, designer cabinetry, breakfast bar with seating for six, and stainless appliances including gas range, two dishwashers and an oversized refrigerator. It flows into a dining area with seating for 10. The custom design of the five-bed, four-bath home maximizes the use of the living space with no hallways, large bedrooms with generous storage options and a spacious laundry room. The first floor hosts two bedrooms including the owner's suite with private bath with three additional guest rooms on the second floor. The home's outdoor space sets it apart with a private patio, covered grilling station and sunning area. When you venture away from your home base, you'll be delighted by WaterColor's renowned amenities including pools, parks, Camp WaterColor and the luxurious Beach Club.

Santa Rosa Beach

198 Needlerush Drive

5 Beds

4 Baths

3,303 Sq.Ft.

$3,500,000

MLS#: 932882

Pensacola Beach

226 Ariola Drive

6 Beds

6 Baths

3,816 Sq.Ft.

$3,500,000

MLS#: 899308

Alys Beach

22 Whitby Court

4 Beds

4 Baths

3,452 Sq.Ft.

$3,500,000

MLS#: 835069

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