Perched on one of the largest Gulf-front parcels in Dune Allen, this extraordinary retreat is not only a rare beachfront estate but also an exceptional rental performer, already generating over $210,000 in base rental income year-to-date for 2026. Boasting 100 feet of pristine shoreline and a front-row seat to Florida's most captivating sunsets, the home offers an unmatched combination of luxury, exclusivity, and investment potential. With floor-to-ceiling windows lining the western side, the home opens up to unbroken views down the beach to Sandestin, showcasing breathtaking coastline and Gulf vistas from nearly every angle. Inside, expansive windows frame the Gulf at every opportunity. Each of the four bedrooms offers unobstructed water views, while the primary suite features a private sitting area overlooking the coastline. The main floor offers generous living and dining areas, a thoughtfully arranged kitchen, guest suite, and multiple spots for lounging or entertaining -- all framed by sweeping vistas and the sound of the surf. Upstairs, the layout continues to impress with additional guest bedrooms and a spa-like master bath. Recently updated with all-new windows (2025), the home also features a private bonfire pit, 100 feet of deeded beach access, and a beach setup of four chairs and two umbrellas, provided seasonally. With no HOA or covenants and a strong rental history in place, this . 45-acre property combines the rarest elements: privacy, income potential, and. .. an unbeatable beachfront location. Located just moments from Gulf Place, Oyster Lake, and the vibrant 30A corridor, this is more than a home, it's a legacy coastal haven where the sea, sky, and sand come together in spectacular harmony. Reach out our way today for your private viewing.
Single-familyProperty Type
1996Year Built
0.45 acresLot Size
$1,742Price/Sq.Ft.
Listed by Caleb Midgett• Scenic Sotheby's International Realty
Santa Rosa Beach, located between Grayton Beach State Park and Seaside, is a coastal and low-rise Miramar Beach neighborhood with dune-backed shorelines and pine-flatwood trails. The neighborhood’s character concentrates around the 30A corridor near the County Highway 393 junction, where bike traffic, beach cruisers, and small storefronts set a relaxed, design-forward pace. Architectural cues lean toward coastal cottages and contemporary beach homes with deep porches and metal roofs. Gulf views and rare coastal dune lakes shape daily rhythms, with boardwalks and trailheads threading through scrub and sand. Community pillars include The REP Theatre in Seaside, the open-air E.O. Wilson Park, and the long-running Grayton Beer Company taproom.
Provided by Walk Score and Local Logic
Market insights
113 Fort Panic Rd · $3,999,999
DAYS ON MARKET
482 days
The average home goes pending in 86 days.
SALE-TO-LIST
97.4%
Most homes are selling 3% below list price.
LIST PRICE
$3,999,999
Median list price in this area is $775,217. (81% lower than this home)
PRICE DROP
6 price drops
21% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Furnished
Breakfast bar
Kitchen island
Newly painted
Washer/dryer hookup
Window treatments
EPA-qualified fireplace
Bedrooms
4 bedrooms
Master bedroom on the second floor with a sitting area and waterfront view
Bathrooms
3 full bathrooms
Master bath with cultured marble, double vanity, and tile
Kitchen
Dishwasher
Disposal
Microwave
Refrigerator
Kitchen island
Breakfast bar
Laundry & utility
Washer
Dryer
Washer/dryer hookup
Electric water heater
Flooring
Tile flooring
Heating & cooling
Central heating
Central air conditioning
Electric heat control
Multiple AC systems (2 or more)
Exterior features
Outdoor grill
Balcony
Outdoor shower
Open deck
Porch
Partially fenced lot
Dead-end lot
Survey available
Within 1/2 mile to water
Gulf and lake views
Waterfront property with approximately 100 feet of waterfront
Home design
Beach house style
2 stories
Built in 1996
Parking
County road and gravel/oyster shell access to the parcel
Security
Smoke detectors
Construction
Frame construction with vinyl siding
Metal roof
Building area recorded from county records
Utilities
Public water
Public sewer
Electric service
Phone service
TV cable
HOA & community
Located in the Santa Rosa Dunes community
Community waterfront access/features
Electricity and solar
View estimated energy costs and solar savings for this home
This home has amazing views from every room of the house. Each bedroom has gulf front views, and kitchen and living rooms have large windows with extensive views both to the east and west. Unblocked western views down the beach all the way to Sandestin. This gulf front lot has one of the largest water frontages at 131 feet. .45 acre lot and no covenants. First floor contains living, sitting room, dining, kitchen, laundry and bedroom and bath. Second floor contains Master, master sitting area, master bath, and two more bedrooms and bath. Great short term rental history, and many on the books going forward. Ideal location close to several restaurants, Oyster Lake, and Gulf Place. Beautiful sunsets from several rooms in this home. Schedule your showing or video tour today
ECAR #872729
Aug 11, 2021
Delisted
—
Aug 11, 2021
Listing Removed
—
May 26, 2021
Listed
$7,990,000
$3,480/sq ft
May 26, 2021
Listed
$7,990,000
$3,480/sq ft
ECAR #867036
Aug 4, 2021
Sold
$3,800,000
$1,655/sq ft
Aug 4, 2021
Sold
$3,800,000
$1,655/sq ft
Jun 20, 2021
Pending
—
May 5, 2021
Price Changed
$3,990,000
$1,738/sq ft
Mar 17, 2021
Listed
$4,199,000
$1,829/sq ft
Mar 17, 2021
Listed
$3,990,000
$1,738/sq ft
ECAR #858734
Nov 5, 2020
Sold
$2,700,000
$1,176/sq ft
Nov 5, 2020
Sold
$2,700,000
$1,176/sq ft
Nov 4, 2020
Listed
$2,700,000
$1,176/sq ft
Public Records
Jul 26, 2019
Sold
$2,050,000
$893/sq ft
NAMLS #817242
Jul 11, 2019
Listing Removed
—
Mar 1, 2019
Listed
$2,997,000
$1,305/sq ft
Mar 1, 2019
Listed
$2,997,000
$1,305/sq ft
ECAR #814072
Jul 26, 2019
Sold
$2,050,000
$893/sq ft
Jul 26, 2019
Sold
$2,050,000
$893/sq ft
Jan 15, 2019
Listed
$2,997,000
$1,305/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$34,106 (+5.6%)
$2,408,087 + $1,366,460
$3,774,547
2024
$32,308 (−0.3%)
$2,140,522 + $1,396,492
$3,537,014
2023
$32,412 (+17.9%)
$2,140,522 + $1,426,524
$3,567,046
2022
$27,481 (+21.8%)
$1,714,976 + $1,250,405
$2,965,381
2021
$22,570 (+24.0%)
$1,500,150 + $831,487
$2,331,637
2020
$18,201 (+192.2%)
$1,372,448 + $450,848
$1,823,296
2019
$6,229 (+1.6%)
2018
$6,131 (+2.8%)
2017
$5,963 (+1.2%)
2016
$5,890 (−0.9%)
2015
$5,941 (−0.6%)
2014
$5,976
Public record
Public record
Zoning
Permits
Beds
3
Baths
3
Stories
2
Lot width
13 ft.
Lot depth
16 ft.
Lot size
0.45 Acres
Year renovated
2010
Finished Sq. Ft.
2,296
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,296
Year built
1996
Style
Single Family Residential
County
Walton County
APN
043S20341100000090
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 5, 2026.
RP
Residential Preservation District
This district consists primarily of subdivisions existing as of November 7, 1996, approved development projects which are vested or built out, or recorded platted subdivisions that have infrastructure in place and are substantially built out.
Permitted uses
Include but are not limited to:
No uses permitted by right
Jan 10, 2022 • Final
Demolition permit - licensed contractors only
Demolition
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
8/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
10/10 Heat Factor
7 days above 104° expected this year, 20 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Santa Rosa Beach, FL • 32459
Average low and high temperatures (°F)
59
43
65
52
71
57
76
64
80
70
86
76
88
79
88
78
85
74
79
66
73
59
64
50
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
85/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.1 hrs
5.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 113 Fort Panic Rd
$3,591,133
$409K under list price of $4.00M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $1.2M to $7.8M.