A unique purchase opportunity is available at 56 Spires Lane E-16 at the acclaimed Santa Rosa Beach coastal village center of Gulf Place. This offer includes a commercial space downstairs with approximately 1,100 square feet and a three-bedroom, double-level townhome that sits above it.
This locale is fantastic for retail and commercial ventures since Gulf Place currently has specialty shops, fashion boutiques, galleries, restaurants with bars, a pizza place, an ice cream parlor, a nail salon, and a bakery. A grassy amphitheater hosts outdoor concerts, art shows, and fun seasonal festivals in its center, lined with towering royal palm trees. Gulf Place is known as the place “Where 30A Begins” since it is the western gateway to this scenic route beside the bright crystalline white shoreline with vast natural forest preserves, rare exotic coastal dune lakes with abundant wildlife, and renowned state beach parks. It connects to other picture-perfect coastal villages nearby, which provide an idyllic setting with other restaurants, beach bars, shopping adventures, outdoor concerts, fun festivals, and seasonal firework celebrations.
The first-floor commercial space currently consists of a front lobby, a wet bar, three stylish offices, an elegant half bath, and a storage room. This space alone could serve as a wonderful investment opportunity for its prospective buyers.
Upstairs, the spacious two-level townhome encompasses about 2,200 square feet with three bedrooms, including an ensuite luxury bath in the primary bedroom, a full hall bath, and a half-bath powder room. The spacious open living, dining, and kitchen area on the first level includes beautiful honey-toned hardwood flooring throughout. It has abundant natural light with a wall of windows with centered French doors leading out to a breezy balcony. The bright living area includes almost 400 square feet with plenty of space for couches, multiple chairs, and cabinets. A nice powder room is also conveniently accessible.
A dining area near the open kitchen features a dramatic two-story tall cathedral ceiling since an upstairs bedroom hallway looks down upon it from above.
The kitchen has been remodeled with handsome upscale ashy-gray brushed stainless steel appliances, plenty of white custom cabinetry, and two quartz-topped entertainment bars. One bar is open into the living/dining area, and the other connects to a lovely breakfast room in an alcove with three windows.
Stairs up to the hallway that looks down upon the dining area lead to the primary suite and two sunny guest bedrooms. The primary bedroom has a wall with two windows flanking a double glass door leading to a balcony overlooking a palm-lined boulevard. A large wall-mounted flatscreen TV is positioned for nighttime viewing pleasure.
The ensuite bath includes a white vanity sink cabinet, a glass-walled walk-in shower, and a separate jetted spa tub.
Two guest bedrooms share a full hall bath with an additional walk-in shower. One of the bedrooms features a bright alcove with bay windows, while the other is the perfect space for a kid's bunk room.
Residents and their fortunate guests staying at the popular haven of Gulf Place may enjoy a large sparkling swimming pool with a tropically landscaped sun patio with restroom facilities, multiple tennis courts, and easy access to the beautiful beach beside the glowing jeweled-toned gulf waters. This great real estate package with first-floor commercial space and an upscale double-level townhome with three bedrooms is available for $1,250,000, or only $375.15 per square foot. Currently, three other comparable properties are listed for sale at Gulf Place, ranging from $1,295,000 for a four-bedroom townhome with 2,464 square feet up to $1,399,000 for a 1,935 square foot townhome with three bedrooms. The average price per square foot of these three listings is $599.29.
Contact our Ocean Reef Real Estate Sales office now at 877-392-6085 if you are interested in this beachside 30A bargain. This property won’t be on the market long! Our professional team of realtors will provide you with a complimentary professional comparative market analysis showing all other properties for sale in this area, any with pending contracts, and all that have sold here within the past twelve months. We can also provide detailed annual gross rental income data for other comparable Gulf Place properties upon request. Current estimates for this townhome stand are around $45,000 per year in gross income, not including additional income on commercial space rentals. Once you are fully informed, we will be happy to schedule your private tour!