42 Palmetto St, Santa Rosa Beach, FL 32459

$550,000
4
BD
5
BA
3,417
SqFt

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Sold Price
$550,000
List Price
$550,000
Closing Date
Feb 06, 2026
Days on Market
50
MLS#
971289
Status
CLOSED
Type
Single Family Residential
Subtype
Detached Single Family
Bedrooms
4
Bathrooms
5
Full Bathrooms
4
Half Bathrooms
1
Living Area
3,417
Lot Size
11,325
Neighborhood
SRB NW of Hwy 98 to Church Hill Bayou

Property Description

Back on the market - Buyer's financing fell through. SELLER MUST SELL! Offering 10K in flex cash to the buyer with a reasonable offer. Looking for a primary residence with an investment opportunity to help pay the mortgage? This property is perfect for you! Located in the desirable Turquoise Beach neighborhood of Santa Rosa Beach, just off Mack Bayou Drive, this three-story Florida Cottage offers a unique blend of living space and rental potential. The first floor features a lockout unit complete with a large bedroom, bathroom, living area, and kitchenette, including a sink, refrigerator, and cabinetry. Ideal for use as a long-term or short-term rental, or a convenient mother-in-law suite for guests. The second floor hosts the spacious living room, kitchen, and dining area, along with a large balcony perfect for entertaining. There is also a roomy guest bedroom with an ensuite bathroom and a private balcony, plus a convenient half bath located off the kitchen for guests. On the third floor, the master suite offers a spacious bedroom with two walk-in closets, a large balcony, and an ensuite bathroom featuring dual vanities, a separate water closet, a soaking tub, and a walk-in shower. Across from the master suite is the final guest bedroom, which includes an ensuite bathroom and private balcony. The property also boasts a large yard with ample parking and no HOA fees. The seller has installed solar panels to reduce electricity costs and will pay off the loan upon the sale of the home. Additionally, a pre-inspection has been completed, with all issues addressed and repaired. The lockout unit has new LVP flooring installed in the bedroom and most of the interior has been freshly painted. This home is full of potential, competitively priced, and just minutes away from Walton County schools, 30A, Sacred Heart Hospital, and Grand Boulevard, which offers dining, shopping, and entertainment options. Buyer to verify all data, information, and/or dimensions provided herein and deemed important to Buyer before submitting an offer.

Additional Information

Acres
0.26
Appliances
Dishwasher, Microwave, Refrigerator
Style
Cottage
Elementary School
Dune Lakes
Exterior Features
Balcony, Private Yard
High School
South Walton
Interior Features
Breakfast Area, Crown Molding, Lock Out, Washer Hookup
Legal Description
LOT D BLK 3 2ND ADDITION TO TURQUOISE BEACH PB 3-37 OR 32-458 OR 77-76 OR 2398-36 OR 2653-68 &-69 OR 2725-3391 OR 2909-1640 OR 2919-3843 OR 3006-1359
Lot Features
Level
Middle School
Emerald Coast
Neighborhood
SRB NW of Hwy 98 to Church Hill Bayou
Stories
3
Subdivision
Turquoise Beach
Year Built
2007
Zoning
Resid Single Family

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Real Broker LLC. Selling Office: .

Vendor Member Number : 28166