42 Palmetto Street, Santa Rosa Beach, FL 32459

• 4 beds |
• 5 baths |
• 3,417 sqft

Property Description

Back on the market - Buyer's financing fell through. Reduced to SELL! Seller is offering 10K in flex cash. 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.

Listing Status:

Pending

Date Added:

September 18, 2025 at 05:00AM

Listing Office:

Real Broker LLC : 855-450-0442

Listing Agent:

Heather T Curry : 850-240-7475

MLS ID:

971289

Interior

• General: Breakfast BarCrown MoldingLock OutWasher/Dryer Hookup
• Appliances: DishwasherMicrowaveRefrigeratorElectric Range
• Flooring: TileVinylCarpet
• A/C: Ceiling Fan(s)

Exterior

• General: BalconyPrivate Yard
• Style: Florida Cottage

Construction

• Windows: Solar Screens
• General: Roof Solar EnergySiding CmntFbrHrdBrd3

Location

• Originating MLS: Emerald Coast Association of REALTORS®
• County: Walton

Lot

• Zoning: Resid Single Family13-2S-21-42240-003-00D0

Utilities

• Utilities: Electricity Connected
• Sewer: 0

Financial

• Source: Emerald Coast Association of REALTORS®

This listing courtesy of Heather T Curry, Real Broker LLC