Stylish Palmeira Villas Home for Sale

This stately three-story Mediterranean-styled vacation home, with 2,509 square feet and four bedrooms, is available for purchase in the privileged residential enclave of Palmeira Villas at 2196 S Co Hwy 83 in Blue Mountain Beach. Lush tropical grounds include royal palm trees, palmettos, and shrubbery, and covered verandas offer vivid views from all three levels.

The outstanding location on Old Blue Mountain Beach Road is in the heart of this captivating town, boasting the highest elevation on the entire Gulf of Mexico. It is an easy stroll to the beach access, featuring stunning dune-top views of the jewel-toned gulf and includes convenient restroom facilities. You are also only steps away from taking a refreshing plunge in the private pool. It has a sun patio with lounge chairs, a gas grill, and an umbrella table that seats six for fun poolside meals or enjoying your favorite tropical drinks.

Lavish, beautiful furnishings provide sleeping accommodations for a lucky dozen with multiple beds, bunks, and a sleeper sofa. It provides a stylish, lovely beachside villa for vacations with family and close friends while also serving as a short-term rental investment property. Playa Azul is a 30A vacation home already on a lucrative vacation rental program with our acclaimed Ocean Reef Resorts property management team. Annual rental income for 2023 grossed over $75,000.

Two floor-to-ceiling portals with double glass entry doors topped with arched windows provide a regal entry into this handsomely furnished home. This palatial space features soaring ceilings with crown molding, latte-toned Travertine marble, and four gleaming granite columns framing the arched portals separating the open living area from the gourmet kitchen. A plush beige suede wraparound couch beneath a print of a sailing vessel faces a wall of rich chocolate-colored hardwood custom cabinetry with shelving that flanks a large flatscreen TV for entertainment. On the other side, beneath an open staircase with an ornate decorative metal railing, is a wine bar. It includes dark-mottled granite countertops with an antique parchment-toned backsplash patterned with grapes, a wine rack above, and a wine cooler below. A full bath with a walk-in shower on this level serves as a powder room and a convenient place to shower and dress after a swim.

The open state-of-the-art kitchen also has custom hardwood cabinetry, dark-mottled granite countertops, brushed stainless steel appliances, and an island framed by columns with seating for two. The other side of the kitchen has a granite-topped entertainment bar with raised seating for three.

Adjacent to the kitchen, a grand dining area with glass doors that lead out to the pool patio has a sumptuous look. A rectangular, decoratively carved natural hardwood pedestal-based table flanked by six sleek, tall, creamy white cloth chairs with tufted backs sits beneath a vintage chandelier suspended from a coffer-framed ceiling adorned with brown fern silhouettes.

Venture up the stairway tower past the second floor to the spacious primary suite that consumes the entire third floor. It has fashionable coastal-styled furnishings with a king-size bed. Two portals with floor-to-ceiling double glass doors crowned with arched windows lead onto a large, comfortably furnished covered balustrade balcony with tropical beachside views.

The ensuite bath features double vanity sinks encased by dark hardwood granite-topped cabinets, a tub beneath two windows, and a separate walk-in shower.

Descend the elegant stairway to the second floor, where three additional guest quarters are found. One guest bedroom has tropical furnishings, a king-size bed with a straw-woven headboard, access to a balustrade balcony, and an ensuite bath with a walk-in shower.

The other beautifully appointed guest bedrooms include a queen-size bed and a bunk room with four twin beds. Both rooms share a full hall bath with a tub-shower combination.

A cozy den on this level is centered between the guest bedrooms, serving as a common area and bonus sleeping quarters. It features a white couch that doubles as a queen-size sleeper sofa, a sunny window, and a wall-mounted flatscreen TV for evening entertainment.

The coastal village of Blue Mountain Beach is primarily residential with a charming, almost Bohemian-type atmosphere and is home to some local artists. It features popular restaurants, friendly bars, an old-fashioned ice cream parlor, a wonderful bakery, and Walton County's oldest health food store, For the Health of It. This hip store features organic produce, smoothies, homeopathic remedies, Tupelo honey, scented soaps, candles, and massage therapy. Blue Mountain Beach is only minutes away from picturesque coastal villages in each direction. Iconic Seaside towards the east has seasonal festivals, live concerts in their palm-lined outdoor amphitheater, fireworks on special holidays, restaurants, beach bars, boutiques, and galleries. The nationally acclaimed Santa Rosa Beach coastal village center of Gulf Place towards the west also has a tropically landscaped outdoor amphitheater bordered by restaurants with friendly bars, boutiques, specialty shops, and galleries. It hosts outdoor concerts, seasonal festivities, and is home to many art venues from spring to fall.

This magnificent Scenic 30A vacation home near the beautiful beach is offered at $1,889,000, or $752.89 per square foot. There are currently six other comparable homes for sale in this part of Blue Mountain Beach priced from $2,295,000 for a 3-bedroom home with 1,186 square feet up to $2,889,995 for a 6-bedroom home with 3,394 square feet. There is one right next door with 3-bedrooms and 2,541 square feet priced at $2,299,000, which comes in at $904.76 per square foot. The average price for all six homes for sale in this part of Blue Mountain Beach is $892.14 per square foot.

Take advantage of this outstanding purchase opportunity today! Contact our Ocean Reef Real Estate Sales team at 877-392-6085. We will provide you with a complimentary professional comparative market analysis providing full details of all comparable homes listed for sale, pending contracts, and properties sold in Blue Mountain Beach within the last twelve months. We can also provide detailed data with gross annual rental income figures from our Ocean Reef Resorts property management division. Once you are fully informed, we will happily arrange your private tour. But hurry, this deal won't last long!