69 Apple Court, Santa Rosa Beach, FL 32459 - Walton County

Near Eden Gardens State Park! Rare opportunity to own a dividable half acre with home and detached 1 bedroom carriage house with large garage in Historic Point Washington! NO HOA, multiple ways to generate rental income if desired. Enjoy the peace of large beautiful trees, harmony with nature, only 10 min drive to Seaside. Lot is high and dry, flood zone X; flood insurance not required. Beautiful half acre parcel, can be split into 2 separate homes, each on quarter acre; or leave as is. Unique investment and quality of life opportunity near beautiful beaches and towns of 30A. 3bdr/2ba 1450 sqft 1 story home with driveway on left side; right side of parcel is 600 sqft garage/11 ft doors and 600 sqft 1 bedroom apartment with circular driveway. Home feels larger due to its efficient design, 9 foot ceilings, good sized bedrooms and laundry room; plenty of closet space and front/rear porches. Brand new Samsung stainless kitchen full appliance package installed June 2024. All house windows have functioning exterior metal shutters. Boat lover? Enjoy the detached 600 sqft garage with 11 foot doors on right corner of parcel. Public boat launch just around corner at end of 395. Right side of garage 31 feet long 11 feet wide. Left side of garage is 16 feet long and 12 feet wide. Structures are well built by local builder; seller rented over a year prior to purchasing directly from previous owner in 2022.

Above garage is a 1br/1ba 600sqft apartment surrounded by trees and healthy natural light. Enter apt from ground level outside or through garage! Apartment landing and stairs is heated/cooled, interior space has cork and bamboo flooring, full kitchen and bathroom with shower; washer/dryer connections in bathroom. Apartment is also fixed with propane capability if buyer chooses to use a gas range or gas fireplace. Bedroom is large enough for king bed and work/study area. Apartment also has a lot of attic storage off bedroom and below stairs as well. Apartment/Garage circular gravel driveway adds to convenience and visual appeal. Plenty of space on half acre lot to add pool, fence, rv parking; even add onto existing structures.

Great neighborhood, nice homes, beautiful trees, nature, wildlife. Perfect for families or anyone who enjoys peace and ability to walk, ride bikes. 5 min bike ride to magical Eden, public boat launch, church, medical center, Bay elementary & a Montessori school. Middle and High Schools also nearby. 10 min drive to Seagrove, Seaside, Watercolor, Grayton Beach; Rosemary & Inlet Beach just 15 min east. New smaller neighborhood Walmart 10 mins east.

Nearby undeveloped half acre lots recently sold for for $319k. These lots are raw land, no utilities installed, and most likely can't be divided. Given these recent sales of land, this lot can be divided; which makes it worth more than $319. Nearby homes have recently sold for well over 1 million, close to 2 million. A few current nearby homes for sale have a market price in the mid 2.5 million range. This is an excellent opportunity to live in a special area, surrounded by more expensive homes, and a 10 min drive to beach.

Live in home, rent apartment. Live in apt, rent home. Rent both or live in home & use apt for family, friends; or create a work/study/art studio. Rental projections, house $2700-$3000/mo, apt $1800-$2000/mo. 12 mo's possible long term rental income $55,000-$60,000. Can also rent 1 or both places short term if preferred.

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