18 Initial Ln Santa Rosa Beach, FL 32459
Estimated payment $3,959/month
Total Views
4,301
3
Beds
3
Baths
2,340
Sq Ft
$286
Price per Sq Ft
Highlights
- Screened Pool
- Contemporary Architecture
- Golf Cart Parking
- Van R. Butler Elementary School Rated A-
- Screened Porch
- Fireplace
About This Home
NEWLY RENOVATED GEM!Be the first to experience this remarkable home! Generating over $220k in vacation rental income between 2022 and 2024 with more on the books until it was temporarily removed from the rental market to undergo a stunning renovation—making it better than ever.Tucked away in a quiet cul-de-sac near the scenic 30A corridor, this home offers privacy, comfort, and an unbeatable location—making it ideal as a primary residence, second home, or income-generating investment.As you pull into the expansive driveway, you'll notice a two-car garage with a golf cart garage tucked behind—perfect for beachside living. The garage is upgraded with epoxy flooring and built-in cabinets, combining durability with clean, functional style. Step through the front door into an open-concept living room and kitchen, thoughtfully designed with modern finishes, abundant natural light, and effortless flow. At the back of the home, double doors open to the porch everyone dreams ofa massive screened-in pool area featuring a brick fireplace, a hot tub/pool combo, and ample covered space for a large outdoor couch and dining table. It's the perfect space to entertain, relax, or enjoy peaceful Florida evenings.The fully fenced backyard is a private oasis, with lush trees and mature landscaping providing both beauty and seclusion. It's also a dog's paradise, offering plenty of space to explore.Inside, the primary suite feels like a true retreat, offering a spacious bedroom and a beautifully updated en-suite bathroom. Two additional guest bedrooms and a bunk room round out the home, providing room for everyone to spread out and enjoy.If you're tired of gambling and want a home that can pay for itself or provide the ultimate family lifestyle, look no furtherthis is the one you've been waiting for.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,728
Year Built
- Built in 1981
Lot Details
- 0.34 Acre Lot
- Lot Dimensions are 100x125
- Back Yard Fenced
Parking
- 2 Car Attached Garage
- Oversized Parking
- Golf Cart Parking
Home Design
- Contemporary Architecture
- Brick Exterior Construction
- Shingle Roof
Interior Spaces
- 2,340 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Fireplace
- Screened Porch
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Primary Bedroom
- 3 Full Bathrooms
Pool
- Screened Pool
- In Ground Pool
- Spa
- Gunite Pool
Schools
- Van R Butler Elementary School
- Seaside Middle School
- South Walton High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 24-2S-21-42273-000-0100
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,665 | $396,332 | $50,538 | $345,794 |
| 2023 | $3,665 | $403,308 | $50,538 | $352,770 |
| 2022 | $3,389 | $365,694 | $56,097 | $309,597 |
| 2021 | $360 | $74,735 | $0 | $0 |
| 2020 | $370 | $170,102 | $44,889 | $125,213 |
| 2019 | $359 | $72,046 | $0 | $0 |
| 2018 | $354 | $70,703 | $0 | $0 |
| 2017 | $346 | $69,249 | $0 | $0 |
| 2016 | $343 | $67,825 | $0 | $0 |
| 2015 | $347 | $67,354 | $0 | $0 |
| 2014 | $350 | $66,819 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/30/2025 04/30/25 | Price Changed | $669,500 | 0.0% | $286 / Sq Ft |
| 04/30/2025 04/30/25 | For Sale | $669,500 | -3.7% | $286 / Sq Ft |
| 11/10/2024 11/10/24 | Off Market | $695,000 | -- | -- |
| 10/22/2024 10/22/24 | Price Changed | $695,000 | -0.6% | $297 / Sq Ft |
| 09/23/2024 09/23/24 | Price Changed | $699,000 | -3.6% | $299 / Sq Ft |
| 09/05/2024 09/05/24 | For Sale | $725,000 | +45.3% | $310 / Sq Ft |
| 04/30/2023 04/30/23 | Off Market | $499,000 | -- | -- |
| 01/18/2022 01/18/22 | Sold | $635,000 | 0.0% | $271 / Sq Ft |
| 12/29/2021 12/29/21 | Pending | -- | -- | -- |
| 10/26/2021 10/26/21 | For Sale | $635,000 | +27.3% | $271 / Sq Ft |
| 07/26/2021 07/26/21 | Sold | $499,000 | 0.0% | $213 / Sq Ft |
| 06/13/2021 06/13/21 | Pending | -- | -- | -- |
| 06/04/2021 06/04/21 | For Sale | $499,000 | -- | $213 / Sq Ft |
Source: Emerald Coast Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $635,000 | Championship Title Agency | |
| Warranty Deed | $499,000 | Championship Title Agcy Llc | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $476,250 | New Conventional | |
| Previous Owner | $449,100 | New Conventional | |
| Previous Owner | $152,000 | Credit Line Revolving | |
| Previous Owner | $20,000 | Credit Line Revolving |
Source: Public Records
Similar Homes in Santa Rosa Beach, FL
Source: Emerald Coast Association of REALTORS®
MLS Number: 957956
APN: 24-2S-21-42273-000-0100
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