Buy New Santa Rosa Beach Penthouse

Posted by Destin Real Estate Sales on Thursday, December 31st, 2020 at 7:52am.

If you have been searching to find your “Forever Home” or an incredible vacation home that can also provide lucrative rental investment income, this premier place of residency is for you! It is a Gulf-front Penthouse in the recently completed residential enclave of “Costa Blanca” in Santa Rosa Beach at 4463 West County Highway 30A #400. This penthouse is adjacent to Gulf Place, which serves as the picturesque coastal village center of Santa Rosa Beach.

This exclusive residence is one of only fourteen luxurious units. It is located on the top floor of a four-story building that features stunning panoramic views of the glittering jewel-toned Gulf of Mexico. It encompasses a very spacious 2,823 square feet that comes with four bedrooms and four full baths.

Two of the bedrooms are Master Suites with sparkling views that allow you to relish the glorious gulf vistas as soon as you awaken in the morning and provide direct balcony access.

The luxurious ensuite Master Bath includes separate double vanities that flank a window providing additional beach-views, a long deep jetted spa tub, and a large individual walk-in glass-walled shower.

Two of the Guest bedrooms also feature ensuite luxury baths, while one additional one has access to a full hall bath that doubles as a convenient powder room.

The bright open living area features two entire walls of floor to ceiling windows that frame the sensational scenery.

A wraparound balcony with clear rail siding faces out toward the southwest and offers spectacular sunset panoramas year-round.

These same views are featured throughout this luxurious space that includes a living and dining area, an open kitchen, and a breakfast area.

The state of the art kitchen features brushed stainless steel, and white French cabinetry styled Subzero refrigerator, a Wolf gas-fired range, a tall glass front Wine Cooler quartz-topped counters, and an island with a cascaded side.

The abundant amenities at Costa Blanca include an elegant entry lobby, underground parking, a separate two-car garage, an owner’s storage room, a fitness center, an outdoor grilling area.

A long rectangular resort-styled swimming pool with an expansive patio for sunning and access directly down to the beautiful beach below.

In no time at all, residents and their guests may go from enjoying a refreshing dip in the pool to luxuriating in the glowing gulf waters.

The current real estate trend along the Emerald Coast is the purchase of properties occasionally used for family trips to the beach and rented out the rest of the time for lucrative income. Triple benefits to this popular plan provide owners with a place for personal vacations, extra annual revenue, and steadily rising property equity over the years as an investment. Our highly respected Ocean Reef Resorts property division professionally manages such properties to take care of everything for new owners. This includes a state of the art website, extensive marketing, reservations, concierge services, accounting, laundry, toiletries, and cleaning. Current estimates of gross income for this particular property amount to $154,500 for 2021. Detailed rental data is readily available upon request.

This income projection is not surprising since owners and their guests have made Gulf Place itself a trendy vacation destination. The Old Florida inspired buildings span across lushly landscaped grounds adorned with towering Royal Palms, indigenous tropical plantings, and a lagoon with fountains uplighted at night for a magical effect. A grassy lawn amphitheater serves as a focal point providing live open-air concerts. Fun seasonal festivals, art shows, and a “Wine Walk” are hosted throughout the year. There are lots of delightful diversions available for wining, dining, and shopping. Gulf Place has a Sunrise coffee house, Sunrise Ice Cream Sweets parlor with a Game Arcade, The Perfect Pig Grill & Fish House, Pizza by the Sea, La Playa Coastal Cantina, which features live music, and the Shunk Gulley Liquor & Wine Store. It also features a salon, florist, caterer, vet, pet store, various fashion boutiques, specialty shops, and numerous individual galleries in an artist colony known as the 30A Artists at Gulf Place.

This one of a kind luxurious top floor Penthouse is being offered at $3,990,000. If you are fortunate enough to be the lucky buyer, contact our Ocean Reef Real Estate Office at 877-392-6085 and schedule a private appointment to see it. We can also provide detailed information, complimentary Comparative Market Analysis of area properties listed and sold as well as important comprehensive annual gross rental income data. Our Ocean Reef team is ready to serve you!

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