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JUST COMPLETED! New Construction 6-Unit Portfolio Available - Blu Wave at Blue Mountain Beach 

Just Completed! This is a rare chance to acquire all six luxurious townhomes in the exclusive Blu Wave boutique development as a complete package. Brand-new construction, this turnkey investment is poised to generate gross rental revenue potential exceeding $700,000+ per year.
Each of the six residences delivers 2,848 square feet of heated and cooled living space, plus expansive outdoor living areas designed for maximum coastal appeal. The standout feature is an expansive rooftop terrace with a wood pergola--perfect for installing a hot tub, entertaining guests, or capturing unforgettable Gulf sunsets. Multiple balconies off the open living areas and third-floor primary suites create seamless indoor-outdoor flow and deliver panoramic views of Draper Lake and the Gulf.
Interiors are built for both luxury living and strong rental performance, featuring a second-floor open-concept layout that seamlessly integrates the kitchen, dining, and living spaces--ideal for entertaining and everyday enjoyment. Each townhome includes three spacious bedrooms with ensuite baths, a convenient guest powder room, and a three-stop elevator for effortless multi-level access. Ample carport-style parking beneath each unit easily accommodates multiple vehicles and guests.
Located in the serene, low-traffic enclave of Blue Mountain Beach along Scenic Highway 30A, Blu Wave benefits from one of the most desirable addresses on Florida's Emerald Coast. The area is famous for its towering sand dunes, sugar-white beaches, turquoise waters, and rare coastal dune lakes like Draper Lake. This quieter, more exclusive vibe compared to busier neighboring communities supports premium rental rates and strong year-round demand from discerning vacationers and seasonal residents.
Investment highlights 
" Brand new construction - immediate income potential upon completion
" Limited to just six units total - exclusivity drives higher occupancy and rates
" Exceptional rental upside with projected gross revenues over $700,000+ annually for the full portfolio
" Luxury and breathtaking views that command top-tier nightly/weekly rates
" Prime 30A location with strong appreciation history and consistent tourism demand
Blu Wave perfectly combines sophisticated coastal luxury, privacy, and outstanding income-generating potential in one of South Walton's most coveted beach communities.
#1007386

Santa Rosa Beach

14 Blue Wave Drive

18 Beds

18 Baths

17,088 Sq.Ft.

$10,500,000

MLS#: 1007386

This stunning 4BR/3.5BA home in Eagle Bay offers style and functionality with two master suites, a two-car garage, screened-in porch, and fenced backyard. Privately situated on a beautiful lot overlooking a charming pond, it provides a peaceful, serene setting. The main level features updated flooring, a remodeled kitchen, separate dining area, and primary master suite. The kitchen showcases a brick veneer backsplash, refaced lower cabinets, new upper cabinetry, granite countertops, and stainless-steel appliances. The main-level master includes a wainscoting accent wall and an updated en-suite with quartz double vanity and a remodeled walk-in shower. Ideally located steps from the bay and just minutes from the beach.
#1007345

Santa Rosa Beach

98 Bald Eagle Drive

4 Beds

3 Baths

2,252 Sq.Ft.

$600,000

MLS#: 1007345

Discover the perfect place to build your dream home on this 0.229-acre homesite in the growing Sunny Hills community. Whether you're ready to build now, planning for the future, or looking for a great investment opportunity, this property offers the ideal blend of peaceful surroundings and convenient access to Northwest Florida's best amenities.

Located just a few streets from one of Sunny Hills' beautiful spring-fed lakes, you'll enjoy easy access to white sandy beaches, swimming, boating, fishing, and plenty of outdoor recreation. The community also features an 18-hole golf course and clubhouse, providing year-round opportunities to relax and enjoy an active lifestyle.

When you're ready for a day at the beach, Panama City Beach, Pier Park, and Northwest Florida Beaches International Airport are all approximately 45 minutes away. Shopping, restaurants, medical facilities, and other everyday conveniences are located about 20 miles from the property. Electric service is available at the road frontage. A private well and septic system will be required. Don't miss this opportunity to own a homesite in one of Northwest Florida's growing communities and start planning your future today. Looking for additional space? The adjacent Lot 52 (MLS #1007328) is also available, giving you the opportunity to purchase both lots and enjoy nearly half an acre.
#1007326

Chipley

Lot 53 SHENANDOAH Boulevard

None Beds

None Baths

0.23 acres

$17,500

MLS#: 1007326

Discover this beautiful 0.34-acre cleared lot in Mossy Head, offering the perfect setting for your future home or investment property. The property features a small line of trees along the rear boundary, providing privacy and a natural backdrop, with a peaceful stream running behind the lot. Conveniently located on a paved road, the property offers easy access while maintaining a quiet, rural atmosphere.

Electric and public water are available at the road, with a water tap fee required. A septic system will be needed for development. Whether you're looking to build now or invest for the future, this property offers a great opportunity in a desirable location.
#1005959

DeFuniak Springs

Lot 8 Trout Drive

None Beds

None Baths

0.34 acres

$30,000

MLS#: 1005959

BRAND NEW construction home just completed at an accessible price point in DeFuniak Springs. Friendly floorplan allows for comfort and functionality. Featuring gutters, true brick skirting, and pilled pavement driveway, this home is upgraded from a lot model. Room sizes for allow for versatility for each family member to have their own space, for hobbies, or guests. Home is situated on a lot that is manageable, with NO HOA.
#999629

DeFuniak Springs

28 W White Rose Street

4 Beds

2 Baths

1,475 Sq.Ft.

$190,000

MLS#: 999629

Coastal living meets modern elegance at this nearly new home perfectly situated south of Highway 98, offering convenient access to 30A's renowned beaches, upscale shopping, and dining. Designed by one of the premier builders on 30A, this 4-bedroom, 3.5-bathroom home beautifully blends thoughtful craftsmanship with functional design. Step into the open floor plan, where upgraded lighting fixtures and stainless-steel appliances, gold fixtures and marble countertops elevate the gourmet kitchen. Honey-toned wide plank wood floors and white walls create a soothing sanctuary throughout the home. The open living and dining areas are bathed in natural light and open to a covered patio overlooking the forest. The second-floor primary suite is a tranquil haven featuring a seamless glass shower with designer tile, while the first-floor guest suite boasts a private en-suite bathroom for added comfort. Two additional second-floor bedrooms share a bathroom. A one-car garage provides convenience and extra storage.
Sugar Sands Estates is a boutique community surrounded by lush State Preserve lands with both a community pool and clubhouse, perfect for leisurely afternoons. With no short-term rentals permitted, this neighborhood ensures a serene and private atmosphere, allowing for leases of six months or longer. Don't miss this opportunity!
#1007366

Santa Rosa Beach

15 Sugar Sands Drive

4 Beds

3 Baths

2,271 Sq.Ft.

$829,500

MLS#: 1007366

Rental in Emerald Bay. Call 402-510-0066 for questions. Tucked away at the end of a quiet cul-de-sac in the desirable gated community of Emerald Bay, this elegant 3BR/3BA single-level home with over 2,000 square feet offers a rare blend of peaceful privacy, thoughtful upgrades, and everyday efficiency. The home was designed with ease of living in mind--from its low-maintenance construction and low utility costs to a smart security system with exterior cameras.

Inside, 10-foot ceilings and 5-inch plantation shutters throughout create an airy, upscale ambiance in the primary living areas, while the open-concept layout flows effortlessly from room to room. Whether you're hosting in the spacious living area or enjoying a quiet morning in the dining nook, the floor plan makes the most of every square foot.
#1007362

Miramar Beach

327 Cobalt Lane

3 Beds

3 Baths

2,021 Sq.Ft.

$4,500

MLS#: 1007362

Exceptional Waterfront Opportunity on Soundside Drive - Nearly One Acre with Unmatched Views

Welcome to a rare and remarkable offering on one of the most coveted stretches of waterfront in the area. Located on Soundside Drive, this expansive lot spans approximately 0.94 acres and features an impressive 191 feet of water frontage--delivering panoramic, unobstructed views of the Gulf Islands National Seashore.

Nestled among mature majestic oaks and bordered by a natural creek along the western edge, this property offers built-in privacy thanks to a lush greenbelt. Along the shoreline, rip-rap has been strategically installed to prevent erosion, and remnants of a once 300+ ft dock (including several existing pilings) hint at the incredible potential for future waterfront enhancements. Steeped in local history, the property has yielded fragments of early pottery over the years, adding a layer of character and cultural value to this already extraordinary site. In addition to its natural beauty and privacy, the neighborhood offers exceptional amenities, including a public boat ramp and dock, perfect for boating and water activities. Outdoor enthusiasts will also appreciate the Soundside Nature Preserve, just moments away, offering scenic trails and serene views of the bay. Whether you envision a private estate home or a peaceful waterfront retreat, this lot provides the perfect blank canvas to bring your vision to life. Property is gated and locked--please contact the listing agent directly to schedule your private showing.
#1007354

Gulf Breeze

5161 Soundside Drive

None Beds

None Baths

0.98 acres

$1,150,000

MLS#: 1007354

Perched on the 10th floor of the coveted east side of St. Barth, this beautifully updated 3-bedroom, 3-bath residence offers breathtaking Gulf views stretching for miles alongside Henderson Beach State Park. Recent renovations include new luxury flooring, freshly painted walls, cabinets, doors, and trim, creating a bright, refined coastal aesthetic throughout.

The open concept living area flows effortlessly onto an expansive Gulf front terrace shared with the primary suite, offering the perfect place to enjoy panoramic water views and coastal breezes. Two guest bedrooms share a private terrace overlooking the resort. The spacious primary suite features a walk in closet and an elegant bath with granite countertops, dual vanities, a Jacuzzi soaking tub, and a large walk-in shower.

St. Barth is one of Destin's premier Gulf front communities, offering a private, residential atmosphere with short term rentals restricted. Residents enjoy an elegant lobby, private pool and spa, deeded parking, climate controlled owner storage, and direct access to the sugar white sands of the Emerald Coast.
#1007374

Destin

15500 Emerald Coast Parkway 1003

3 Beds

3 Baths

2,019 Sq.Ft.

$1,699,999

MLS#: 1007374

Gulf-front living at Island Princess on Okaloosa Island. This one bedroom condo with a bunk area features a functional Jack-and-Jill bathroom, in-unit laundry, and covered deeded parking. The open floor plan leads to a private balcony with sweeping Gulf views and frequent dolphin sightings. Offered fully furnished with new stainless steel appliances and rental ready, this property is ideal as a primary residence, second home, or a turn key investment making 30k annually. Resort style amenities include a Gulf-front pool and hot tub, complimentary beach service through November, nearly 500 feet of beachfront, a fitness center, BBQ grills, and a community room. Conveniently located near Destin, shopping, dining, and attractions.
#1007320

Fort Walton Beach

520 Santa Rosa Boulevard 319

1 Beds

2 Baths

804 Sq.Ft.

$389,000

MLS#: 1007320

Gulf views, proven rental performance(2024- 50k & 2025-53k), and turnkey convenience come together in this 10th-floor 2BR/2BA at Pelican Beach Resort. Step onto the oversized private balcony and take in gorgeous views of the sugar-white sand and emerald waters of the Gulf. Inside, the unit is fully furnished and rental ready, featuring granite countertops, a fully equipped kitchen with breakfast bar, and a spacious dining area with Gulf views that guests remember.

The primary suite is beachfront with a king bed, a private bath and balcony, while the second bedroom features a queen bed and a spacious, well-appointed guest bath. A queen sleeper sofa in the living area brings total occupancy to 6, the sweet spot for family bookings in this market. Three TVs, an in-unit washer and dryer, and Wi-Fi round out the guest experience. 

Pelican Beach Resort is one of Destin's most established direct beachfront resorts, and its amenity package is a major booking driver: multiple Gulf view pools, indoor/outdoor heated pool, Gulf view hot tubs, beachside tiki hut, market cafe, tennis courts, fitness center, steam room and sauna, large sundecks, and an outdoor grilling area. Centrally located near Destin's restaurants, shopping, and family attractions, this resort draws repeat guests year after year, exactly what you want as an owner.

Whether you're looking for a beach getaway that pays the bills or a pure investment play, this unit is turnkey and ready to generate income from day one.
#1007383

Destin

1002 E Highway 98 1015

2 Beds

2 Baths

924 Sq.Ft.

$649,979

MLS#: 1007383

Looking for a turnkey getaway in Destin? This fully furnished 2-bedroom, 2-bathroom condo is completely set up and ready to go from day one. Current rental projections are $30K+!

Inside, the layout gives you plenty of room to stretch out, and the kitchen is already updated with newer stainless steel appliances. Both bedrooms are set up to give everyone their own space to recharge. When the day winds down, the back patio is an awesome, quiet spot to grab a drink and catch the Florida sunset.
#1007350

Destin

4090 Dancing Cloud Court 252

2 Beds

2 Baths

1,013 Sq.Ft.

$240,000

MLS#: 1007350

Beautifully remodeled coastal home featuring a private dock, boat lift, and exceptional views across the bay. Located on a quiet stretch of Santa Rosa Beach just minutes from Scenic 30A, 
Designed to capture the stunning bay views, the open floor plan features inviting living spaces with a fireplace and a beautifully appointed kitchen with an island. Updated windows and doors fill the home with natural light while creating a seamless connection to the water and outdoor living areas. Carefully designed landscaping provides privacy while maximizing the expansive bay views. 
The primary suite offers a private retreat with a dedicated office, walk-in closet, and beautifully finished bath.
Outdoor living is where this property truly shines, featuring a wraparound deck, covered porch, outdoor shower, and fire pit overlooking the bay. 
The waterfront setup is exceptional, with a dock, walkway, and boat lift built on durable concrete pilings. The dock includes a beautiful boathouse, two Jet Ski lifts, a kayak and paddleboard launch platform, and a sunning deck / lounge area perfect for relaxing by the water.
The bay creates a peaceful natural setting where dolphins, nesting ospreys, and herons are frequent visitors, offering a rare connection to the beauty of the Emerald Coast.
Featuring a 2023 metal roof, updated windows and doors, and numerous quality upgrades throughout, this meticulously maintained bayfront home combines coastal elegance, thoughtful improvements, and an unmatched waterfront setting in one of Santa Rosa Beach's most desirable locations.
#1007367

Santa Rosa Beach

231 Bay Circle Drive

3 Beds

2 Baths

1,800 Sq.Ft.

$1,895,000

MLS#: 1007367

Following an extensive, property-wide transformation completed over the past 10 months, Dunes of Seagrove has emerged fresh, modern, reimagined and now officially open for owners and guests ready to make new memories! With approximately $58,000 in seller-paid assessments fully satisfied, this offering delivers immediate value and peace of mind within a comprehensively upgraded coastal community. Nearly all improvements have been completed, with only final landscaping enhancements and select exterior railing paintwork remaining--positioning the property to soon present as fully refreshed and fortified against the elements, without the delays of ongoing construction. This is a rare opportunity to step directly into peak summer rental demand and capitalize on the strong fall season, making the timing as compelling as the value itself! 

Encompassing approximately 300 feet of Gulf frontage across acres of prime, protected coastal land, Dunes of Seagrove is a true low-density community with just 81 residences across 3 buildings--an increasingly rare offering along 30A, particularly at this price point. This expansive footprint creates a sense of space, privacy, and exclusivity that is seldom found, while still delivering direct access to the Gulf's emerald waters.

Perfectly positioned in the center of Building C, this elevated residence enjoys one of the most desirable vantage points in the community--offering beautifully framed views without visual encumbrances. Its central orientation provides effortless access to amenities while maintaining a sense of privacy and tranquility, enhanced by the community's low-rise design. Here, residents enjoy a more exclusive coastal experience without compromising the sweeping Gulf views and open sightlines that define 30A living. A rare, deeded covered parking space, and virtually zero elevator wait time makes this the perfect primary, or secondary home!

The residence itself has been thoughtfully renovated to deliver a truly turnkey experience. A comprehensive 2020 interior transformation includes updated flooring, fully renovated bathrooms, an upgraded kitchen with new countertops and appliances, modern fixtures, and all-new furnishings throughout. Additional improvements include new plumbing and fixtures, a brand-new water heater, and a recently replaced HVAC system (October 2024). Designed for both personal enjoyment and investment performance, the spacious two-bedroom layout presents a proven, income-producing opportunity within one of 30A's most desirable Gulf-front communities. It offers an unforgettable coastal experience that leaves a lasting sense of place--one that naturally calls guests, friends, and family back time and time again.

Beyond the residence, the building has undergone significant capital improvements, including full waterproofing, new impact-rated windows and doors, updated railings, and fresh exterior paint--ensuring long-term structural integrity and lasting quality. Ongoing enhancements, including new landscaping and pool area refinements, will further elevate the community, offering the feel of a newly completed resort without the extended timeline.

Ideally located along Scenic Highway 30A, the setting is both rare and irreplaceable--placing you just moments from private beach access to the Gulf's emerald waters, as well as the unique beauty of Eastern Lake and the protected expanse of Deer Lake State Park. Renowned dining destinations including Café Thirty-A, Perfect Pig, and Old Florida Fish House with music and entertainment are all within easy reach by bike or foot, allowing for a truly connected coastal lifestyle.

Residents of Dunes of Seagrove enjoy an impressive suite of resort-style amenities, including a 7,500-square-foot multi-level lagoon pool with waterfall, hot tub, expansive sundecks, tennis and pickleball courts, fitness center, sauna, steam room, EV charging, and a welcoming lobby with gathering spaces. Combined with private beach access and a notably uncrowded shoreline, this offering represents a rare opportunity to own within a fully revitalized, amenity-rich Gulf-front community along 30A--seamlessly blending lifestyle, investment potential, and the ease of turnkey ownership. Make this your new home away from home!
#1007402

Santa Rosa Beach

34 Chivas Lane # 104C

2 Beds

2 Baths

1,148 Sq.Ft.

$975,000

MLS#: 1007402

Emerald Pointe | Coastal Luxury Reimagined

Welcome to Emerald Pointe, one of the Emerald Coast's most desirable waterfront communities, where coastal living meets everyday convenience. Known for its abundance of water-view homes, neighborhood beach access, and breathtaking views of the Santa Rosa Sound, this community offers the lifestyle so many dream about.

Completely reimagined from the inside out, this stunning two-story coastal blue beauty has been professionally remodeled and reconfigured to rival brand-new construction. Every detail was thoughtfully designed with quality, longevity, and modern coastal elegance in mind.

From the moment you arrive, you'll appreciate the meticulous landscaping, oversized backyard entertaining deck, corner storage shed, and fully fenced backyard with plenty of room to build the pool you've always wanted. Many neighboring homes already feature private pools, making this an ideal backyard retreat.

Step inside and you'll immediately notice the abundance of natural light pouring through the dramatic staircase windows while beautiful water views greet you from multiple rooms throughout the home. Step outside into the front yard and you'll even hear the relaxing sound of the nearby waves. The extensive renovation includes impact-rated windows throughout, new Hardie® siding, gutters, modern driftwood-inspired luxury vinyl plank flooring, new cabinetry, premium appliances, a gas range, tankless gas water heater, new PEX plumbing, upgraded electrical, designer lighting, modern ceiling fans, updated hardware, and beautifully redesigned bathrooms. Custom closet systems replace traditional wire shelving throughout much of the home, offering both style and functionality.

Designed for today's lifestyle, this spacious floor plan offers 4 bedrooms, an oversized family room overlooking the breakfast area and designer kitchen, an expansive walk-in laundry room, dedicated office, plus an additional flex room with water views--perfect for a second office, homeschool space, children's playroom, reading nook, or fitness area.

One of the greatest advantages of this home is the peace of mind that comes with such an extensive renovation. During ownership, the sellers discovered evidence of prior termite damage from years before they purchased the property. Rather than simply making cosmetic repairs, they made the decision to professionally rebuild the affected areas correctly using licensed contractors and high-quality materials throughout. The result is a home that offers the character of an established neighborhood with the confidence and quality of modern construction.

Living in Emerald Point means enjoying kayaking, paddleboarding, fishing, and waterfront sunsets just steps from your neighborhood--without battling Highway 98 traffic to reach the water. The community offers spectacular views of the Navarre Bridge and surrounding waterfront while remaining only one minute from East Navarre, less than 10 minutes to Navarre Beach, and under 30 minutes to Destin. Hurlburt Field, Eglin AFB, schools, shopping, restaurants, and grocery stores are all conveniently nearby, making this location ideal for both military and civilian buyers.

With nearly every major system upgraded, buyers may also benefit from more favorable insurance opportunities compared to homes with older components. Combined with the move-in-ready condition, professional cleaning, and immediate availability for closing, this is an exceptional opportunity to own a beautifully renovated coastal home in one of the area's most sought-after waterfront communities.

If you've been searching for water views, quality craftsmanship, and a home that truly feels like new construction--without the new construction price tag--this Emerald Pointe masterpiece is one you simply cannot miss.
#1007359

Mary Esther

159 Shoreline Drive

4 Beds

2 Baths

2,305 Sq.Ft.

$623,700

MLS#: 1007359

* Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request. © 2024. First Multiple Listing Service, Inc.

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