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$3,750,000

MOTIVATED SELLER! This property boasts 10 spacious bedrooms and 11 bathrooms, making it the perfect retreat for large families or groups of friends looking to create unforgettable memories together. With the ability to comfortably sleep up to 28 people, your family reunions, friend getaways, or vacation rentals will be a breeze! Say goodbye to HOA restrictions and embrace the freedom of owning this incredible investment property, which has an impressive rental history. The current rental management company is projecting nearly $400,000 in rental income this year, providing you with a fantastic return on your investment. As you explore this home, you'll appreciate the exquisite, custom details and beautiful woodwork that elevate its elegance - Deductible operating expenses: management fees, maintenance, utilities, insurance, and interest. - Ownership flexibility: short-term rental, seasonal vacation home, long-term income property; compatible with 1031 exchange and portfolio diversification strategies (confirm with your tax advisor).

10 Beds ⋅ 11 Baths ⋅ 992482 MLS

17 Penny Ln, Santa Rosa Beach

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How much is your home worth?