With guaranteed rental income and below-market financing, this property is undoubtedly one of the best investment opportunities along 30A. The projected income is $233k-$288k and the seller guarantees a minimum of $180,000 in rental income for 2025! Plus the seller is offering a special financing incentive at 5.5% APR on a 30-year fixed-rate mortgage for qualified buyers. The home, outdoor amenities and furnishings are nearly all new or recently remodeled making this the ultimate turn-key luxury second home or short term rental investment. Prime Location with deeded beach access! Nestled in the coveted Gulf Shore Manor neighborhood of Seagrove in close proximity to Seaside, this property offers the largest expanse of both deeded and public beach access with parking along 30A. Guests will love the easy walking or biking distance to Seaside. With recent concerns about private beach restrictions, Gulf Shore Manor is protected by their court awarded deeded beach use rights. Another bonus is no HOA dues or HOA restrictions. The nearest beach access with parking, San Juan, is just four blocks away. Guests also enjoy the included golf cart and a dozen bikes for effortless transportation of beach gear. Parking is often a challenge in vacation rentals, but this property accommodates five vehicles plus a golf cart, making it highly desirable! With a main house and a guest house, both featuring full kitchens and living areas, this home is perfect for multiple families vacationing together, family reunions, corporate retreats, and groups of friends. And with a sleeping capacity of 21+ people it commands a premium nightly rate. Outdoor amenities: The private heated pool, spa, gas grill, private dining patio, and fully screened upper porch are popular outdoor amenities. Recently remodeled: The entire guest house, landscaping, pool, and master bathroom have all been expertly installed or remodeled by the current owners within the last few years with the balance of the main house remodeled recently as well. The entire exterior was just painted so the new owners can immediately enjoy making memories in this amazing beach home while your short term renters pay the bill. Elegant Design and Layout: The main house boasts a gorgeous kitchen with timeless bespoke shaker style cabinetry, dining area, great room, screened porch, and master bath on the upper level. The great room features vaulted ceilings with tongue-and-groove details. The master bathroom was remodeled in spring 2024 with a luxury carrara marble shower as the centerpiece. The main floor includes two private bedrooms with ensuite baths, a large bunk room with two sets of queen-over-queen bunks and trundle (sleeping 10), another hallway bathroom, and a kids' game room with video games, a sofa, TV, and built-in twin bunks. The guest house features another living area, full kitchen, mini bunk with twin over twin bunks, a full bathroom, queen bedroom, and a master suite with full bathroom. The guest room was completely remodeled top to bottom in 2021. Be sure and view the Matterport virtual tour and floorplans. This stunning, fully furnished property includes a professionally designed website at elmbythesea.com for direct bookings, in addition to listings on Airbnb, VRBO, and more. High cash flow and beautiful included furnishings make it an irresistible investment. Don't miss this unparalleled coastal paradise! Embrace the essence of luxury, convenience, and extraordinary investment potential in your own dream oasis. Act now and secure your place in one of 30A's most desired communities. Seller is flexible on closing dates...a delayed closing to coincide with a future 1031 sale is fine
Single-familyProperty Type
2007Year Built
6,534 sq ftLot Size
$660Est. Price/Sq.Ft.
5 spacesParking
Listed by Julia McClatchy, Realtor McClatchy• Fathom Realty FL LLC
Are you looking for a fully remodeled home in Seagrove, close to the beach with No HOA Fees? This hidden gem neighboring Point Washington State Park has a 4-bedroom, 4.5 bath main home, and a 2-bedroom, 2-bath guest home totaling 3,198 square feet. This private oasis is located in the charming community of Gulf Shore Manor of Seagrove Beach, only 1/2 mile from Seaside and just north of Scenic Highway 30-A. From the moment you see this home, you'll appreciate the craftsmanship, attention to detail, and serenity this home offers. As you enter this Florida Cottage, a chic and stylish foyer leads to two large en suite bedrooms, a bunk room, and den, complete with a kitchenette and French Doors leading to the back patio. Take the cypress staircase up to a breathtaking living area with cathedral ceilings and skylights which flood the room with natural light. The open floor plan is perfect for entertaining. The fully remodeled, designer kitchen has custom cabinetry, a farmhouse sink, and concrete countertops. The kitchen, dining, and living room flow seamlessly out to the large covered patio, ideal for indoor/outdoor living. The second-floor master bedroom suite boasts 10' ceilings, crown molding, large walk-in closet, and a beautiful en-suite bathroom with dual vanities and separate tub and walk-in shower. The lush landscaping and private patio lead to a charming guest home, which is also completely renovated. Your guest will enjoy an open living/kitchen area and two bedrooms, two bathrooms, and a washer/dryer. The vast lot leaves plenty of room for a pool and the large woodshed can be used for additional storage or converted to a "pool house." Though this home has never been rented, the large lot, ideal location, and designer finishes contribute to the excellent rental projections. This home offers a unique opportunity to have plenty of parking, privacy, a quick bike/golf cart ride to the beach, and room for a pool. The rental projections on this home make it an investor's dream!
NAMLS #774725
Nov 11, 2017
Listing Removed
—
May 2, 2017
Listed
$715,000
$223/sq ft
May 2, 2017
Listed
$715,000
$223/sq ft
NAMLS #730410
Jul 15, 2015
Listing Removed
—
May 21, 2015
Listed
$696,000
$217/sq ft
May 21, 2015
Listed
$696,000
$217/sq ft
NAMLS #720184
May 4, 2015
Listing Removed
—
Jan 2, 2015
Listed
$699,000
$218/sq ft
Jan 2, 2015
Listed
$699,000
$218/sq ft
Public Records
Mar 1, 2001
Sold
$90,000
$28/sq ft
ECAR #129818
Feb 28, 2001
Sold
$89,995
$28/sq ft
Feb 13, 1999
Listed
$99,750
$31/sq ft
Public Records
Aug 29, 1996
Sold
$35,000
$11/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$13,698 (+6.5%)
$475,000 + $1,040,936
$1,515,936
2024
$12,864 (+4.9%)
2023
$12,259 (+16.5%)
2022
$10,523 (+42.6%)
2021
$7,379 (+171.4%)
$137,554 + $624,794
$762,348
2020
$2,719 (+3.2%)
2019
$2,635 (+1.7%)
2018
$2,590 (+3.0%)
2017
$2,515 (+1.4%)
2016
$2,480 (−0.8%)
2015
$2,501 (−0.6%)
2014
$2,515
Tax history for 295 Elm St
Year
Property tax
Land + Additions
Assessment*
2025
$13,698 (+6.5%)
$475,000 + $1,040,936
$1,515,936
2024
$12,864 (+4.9%)
2023
$12,259 (+16.5%)
2022
$10,523 (+42.6%)
2021
$7,379 (+171.4%)
$137,554 + $624,794
$762,348
2020
$2,719 (+3.2%)
2019
$2,635 (+1.7%)
2018
$2,590 (+3.0%)
2017
$2,515 (+1.4%)
2016
$2,480 (−0.8%)
2015
$2,501 (−0.6%)
2014
$2,515
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
2
Baths
2
Stories
1
Lot width
5 ft.
Lot depth
14 ft.
Lot size
6,708 Sq. Ft.
Year renovated
2007
Sq. Ft.
832
Year built
1995
Style
Single Family Residential
County
Walton County
APN
143S19250400080170
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 9, 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
Feb 18, 2025 • Active
Foundation only
Grading
Oct 25, 2022 • Final
Residential remodel - interior and exterior permit - licensed contractors only
Remodel
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.
Exterior: Balcony, BBQ Pit/Grill, Columns, Deck Open, Fenced Privacy, Lawn Pump, Patio Open, Pool - In-Ground, Porch Open, Renovated, Separate Bldg Rent, Separate Living Area
Lot Information
Acreage: 0.15
Lot Dimensions: 50 x 130
Lot Features: Within 1/2 Mile to Water
Lot/Parcel Access: County Road, Paved Road
Zoning: Residential Single Family
Building Information
Construction Status: Construction Complete
Construction/Siding: Frame, Roof Metal, Siding CmntFbrHrdBrd, Slab, Trim Wood