TBD Lakewood Drive
TBD Lakewood Drive
TBD Lakewood Drive
TBD Lakewood Drive
TBD Lakewood Drive
TBD Lakewood Drive
TBD Lakewood Drive
TBD Lakewood Drive
TBD Lakewood Drive
TBD Lakewood Drive
TBD Lakewood Drive
TBD Lakewood Drive
TBD Lakewood Drive
SEE ALL PHOTOS
TBD Lakewood Drive
TBD Lakewood Drive
TBD Lakewood Drive
TBD Lakewood Drive
TBD Lakewood Drive
TBD Lakewood Drive
TBD Lakewood Drive
TBD Lakewood Drive
TBD Lakewood Drive
TBD Lakewood Drive
TBD Lakewood Drive
TBD Lakewood Drive
TBD Lakewood Drive
For Sale

TBD Lakewood Drive

TBD Lakewood Drive, Santa Rosa Beach, FL 32459

$4,890,000
COMING SOON! Idyllically positioned South of 30A and a 7 minute walk to the beach, this 0.26-acre lot will host an exquisite, modern beach home spanning a three-story vertical footprint with over 6500 square feet. With over a 10% return, this future rental machine has projected rentals of over 440k gross to owner revenue per year. The expansive luxury floor plan will incorporate 10 bedrooms and 10.5 baths, a private elevator, and an upscale spa pool area with outside living/entertainment space. Modern designer finishes inside include upscale integrated appliances, a kitchen island, and pristine white cabinetry paired with custom quartz countertops throughout the well-appointed kitchen and spa bathrooms. Luxury light fixtures and accent walls will give prominence to guest spaces with stylish visual appeal. The first level features the main living space with the primary bedroom suite, open concept living and dining areas, and powder room. The second and third levels each offer four luxury guest rooms with private ensuites and access to porches/balconies beautifully incorporated throughout these spaces. Owners will indulge themselves in thoughtfully designed outside oases including over 1,200 square feet of front and back balcony/porch space and a posh backyard haven created by swaying palm trees overhanging the private pool and jacuzzi. This home offers adventurers easy access to the alluring lifestyle of 30A's delightfully eclectic dining and shopping spots and a soul-satisfying retreat upon their return. Lake Drive is ideally situated with nearby public beach access, boat launch, and picnic area. Groundbreaking is set for January 2023 with an estimated build out of eight months. Wise investors will note rental projections of 457k gross to owner revenue per year. Whether looking for an investment property or a place to make memories, this sumptuous property is a brilliant choice!

10
beds

11
baths

5,300 Sq.Ft. LIVING AREA

0.26 Acres lot

Subscribe to Our YouTube Channel

Subscribe

Features & Amenities

Interior

  • total bedrooms10
  • Total bathrooms11
  • full bathrooms10
  • half bathroom1
  • APPLIANCES Cooktop, Dishwasher, Disposal, Dryer, Refrigerator, Washer
  • other interior Features Floor Hardwood, Kitchen Island, Newly Painted, Washer/Dryer Hookup

Area & Lot

  • Status For Sale
  • Living Area5,300 Sq.Ft.
  • Lot Area0.26 Acres
  • MLS® ID915966
  • TypeRESIDENTIAL
  • YEAR BUILT2023
  • Architecture StylesContemporary
  • Elementary SchoolVan R Butler
  • Middle SchoolSeaside
  • High SchoolSouth Walton

Exterior

  • STORIES3
  • utilitiesPublic Sewer, Public Water
  • parkingGuest
  • AIR CONDITIONINGCeiling Fan(s)
  • SubstructureRoof Metal
  • other exterior FeaturesBalcony, Pool - In-Ground

Financial

  • Sales Price$4,890,000
  • Real Estate Tax $1,270/yr
  • Zoning Resid Single Family

Work With Us

For Press Inquiries, email: maria@spearsgroupfl.com and For Sales Inquiries, email: info@spearsgroupfl.com

Follow Us on Instagram