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Imagine owning a WaterColor estate that practically manages itself. This five-bedroom, five-and-a-half-bath corner residence delivers exceptional coastal living with strong rental performance. With $351,366 in 2025 gross revenue and projections of $361,250 in 2026, the property effortlessly balances lifestyle and income potential, making it perfect for savvy investors or families seeking a turn-key beach retreat. Set just steps from the beach club, town center, and Gulf waters, the home offers over 1,200 square feet of wraparound porches, private pool, cabana, and serene lake views, ideal for morning coffee or sunset gatherings. Inside, light-filled living spaces showcase pine hardwood floors, high ceilings, and refined Southern craftsmanship, blending elegance with casual comfort.

The chef's kitchen, guest suites, and primary suite with spa-like bath provide both functionality and indulgence, while a detached carriage house adds extra flexibility for guests or rental use. Fully furnished and ready to go, the residence ensures owners can enjoy the WaterColor lifestyle immediately while capitalizing on the property's proven rental demand.

With exclusive access to resort-style amenities, including pools, tennis, a fitness center, and Camp WaterColor, this home anchors the ultimate coastal experience while providing tangible financial value.
#995896

Santa Rosa Beach

265 Western Lake Drive

5 Beds

5 Baths

2,821 Sq.Ft.

$4,125,000

MLS#: 995896

New on site today
Located in a highly desirable area with top-rated schools, this all-brick 3-bedroom, 1.5-bath home is full of potential! Hardwood floors add character, and the huge bonus room offers endless possibilities--second living area, home office, playroom, or gym. Enjoy the convenience of a carport with a covered back deck attached--perfect for relaxing or entertaining. With no HOA and just 1.5 miles to Shoreline Park and its boat ramp, you'll love the location as much as the opportunity. This home needs a little TLC, making it ideal for an investor or someone ready to build sweat equity and truly make it their own!
#995895

Gulf Breeze

433 Montrose Boulevard

3 Beds

1 Baths

1,377 Sq.Ft.

$339,000

MLS#: 995895

New on site 1 day ago
Own a true piece of American history just steps from the sugar-white sands in the highly sought-after Bid-A-Wee Beach community of Panama City Beach. Originally constructed during the Cold War era as barracks housing for military personnel, this remarkable property blends historic character with modern-day investment potential--offering a story as special as the location itself.

Situated on a rare double lot with two separate addresses, this is widely considered one of the premier parcels in Bid-A-Wee. The expansive homesite offers exceptional flexibility, including the potential to build two stunning three-story homes, create a multi-generational beach compound, or maximize returns with future development. Short-term rentals are allowed, and there is no HOA, making this an increasingly rare and valuable opportunity.

The existing duplex features 4 bedrooms and 4 fully renovated bathrooms, with more than $70,000 in recent improvements. Each side lives like its own private residence--perfect for renting both for maximum income, occupying one side while renting the other, or holding as an investment while planning future construction. With projected rental potential reaching up to $100,000 annually, the income possibilities are substantial.

Owners and guests enjoy exclusive private access to five gated Bid-A-Wee Beach entrances, just a short walk away, offering a quieter, more private beach experience reserved only for property owners and their guests.

Whether you envision building signature beach homes, creating a legacy property, or securing a high-performing investment with immediate income, this is a once-in-a-generation opportunity to own one of Bid-A-Wee's most iconic and versatile properties.
#785519

Panama City Beach

13809 Bay Avenue

4 Beds

4 Baths

1,716 Sq.Ft.

$700,000

MLS#: 785519

Welcome to 848 Tropic Avenue, a newly built residence on Okaloosa Island where modern design, refined craftsmanship, and relaxed beach living come together effortlessly. With over 4,000 square feet of thoughtfully designed space, this home offers an elevated blend of luxury and comfort... all just a short stroll from the island's renowned beaches and emerald shoreline.

Inside, wide-plank engineered wood flooring sets a warm, inviting tone throughout the main living areas. Elevated architectural details, including 10-foot ceilings and 8-foot solid oak doors, enhance the home's sense of openness and sophistication. The gourmet kitchen serves as a stunning centerpiece, pairing professional-grade elements with refined design, including quartz countertops, extended upper cabinetry, and a striking 48'' Forno gas range with double oven. A generous island provides additional seating and prep space, making this kitchen ideal for both everyday living and entertaining.

The first-floor primary suite is designed as a private retreat, blending modern simplicity with high-quality finishes. The beautifully appointed bath showcases a spacious, glass-enclosed shower wrapped in floor-to-ceiling tile and equipped with dual shower heads, along with a sleek floating double vanity. A private sliding door provides convenient access to the backyard, creating a seamless indoor-outdoor connection.

Upstairs, an expansive secondary living room offers additional space for relaxation or guests, with access to a private covered balcony offering tranquil views of Santa Rosa Sound. Each bedroom enjoys direct access to a full bathroom, including a beautifully designed Jack-and-Jill shared bath between two of the guest suites, creating a thoughtful and functional layout.

The open-concept living area extends easily outdoors through a wide span of sliding glass doors that leads to a covered porch accented by a tongue-and-groove wood ceiling. This inviting space features a fully appointed summer kitchen with a built-in grill, wine refrigerator, and waterfall quartz countertops... setting the stage for effortless entertaining. Beyond the covered area, the fenced backyard offers a blank canvas for personalization, including the option to add a custom Neway pool with renderings available upon request. A generous side yard also provides space for boat or RV parking, a rare convenience on Okaloosa Island.

Situated between the Gulf of Mexico and Choctawhatchee Bay, Okaloosa Island offers an unmatched blend of tranquility, natural beauty, and accessibility. Enjoy pristine beaches, boating, fishing, paddleboarding, and miles of protected shoreline, along with restaurants, parks, and entertainment just minutes away. Located in a residentially protected area of Okaloosa Island where short-term rentals are not allowed, the home benefits from enhanced privacy, reduced transient traffic, and a more refined coastal living experience. Destin lies just over five miles to the east, and downtown Fort Walton Beach is less than two miles from your doorstep.

Discover a home where thoughtful design meets modern luxury. Schedule your private showing today.
#781823

Fort Walton Beach

848 Tropic Avenue

5 Beds

4 Baths

4,011 Sq.Ft.

$975,000

MLS#: 781823

New on site 1 day ago
Welcome to this charming home in Parkwood Circle! This lovely house features 3 bedrooms and 2 bathrooms, perfect for those seeking a cozy and inviting space to call home. The open layout allows for plenty of natural light to fill the rooms, creating a warm and welcoming atmosphere. With a combination of LVP and carpet floors throughout, this home offers a comfortable and stylish living environment. Don't miss out on the opportunity to make this your new home! Contact us today for a showing!
#995780

Niceville

236 Parkwood Circle

3 Beds

2 Baths

1,348 Sq.Ft.

$2,000

MLS#: 995780

New on site 1 day ago
SUPER CUTE private duplex unit in Panama City, close to shopping, restaurants, and a 15-minute drive to the beach! 2 bedroom 1 bath.
#785521

Panama City

1930 W 24th Street F

2 Beds

1 Baths

900 Sq.Ft.

$1,350

MLS#: 785521

New on site 1 day ago
Spacious end-unit townhome with updates and smart features throughout.  Perfect location for Eglin or Hurlburt field access! This home delights with a large yard and covered porch. Kitchen is trendy with slate blue cabinets, granite counters, pantry and stainless appliances. Double vanities, half bath, upgraded fixtures and natural light. Plenty of storage, and indoor laundry room.  Smart lighting, nest thermostat and keyless entry! Extra parking in front with covered carport. Seller to replace roof prior to closing.
#995764

Fort Walton Beach

710 Doyce Drive C

2 Beds

1 Baths

1,207 Sq.Ft.

$225,000

MLS#: 995764

New on site 1 day ago
8.99 AC +/- Acres with Hwy 4 Frontage in Baker. This cleared parcel offers paved road frontage with direct access to Hwy 4. A level homesite area sits toward the front of the property, providing a ready starting point for future plans. The rear of the property features an existing dirt pit that could serve as a space for recreational use such as dirt bikes or an RC track. The new I-10 connector is currently under construction, and Hwy 90 is easily accessible, supporting regional travel access.
#995788

Baker

A & B Charlie Day Road

None Beds

None Baths

8.99 acres

$195,600

MLS#: 995788

New on site 1 day ago
Luxury golf course estate perfectly positioned on the 5th hole tee box offering over 5,700 sq ft of total living space, including a separate guest house. This stunning home features expansive open-concept living, soaring ceilings, and beautiful fairway views throughout. The gourmet kitchen flows seamlessly into spacious living and dining areas--ideal for entertaining. Step outside to your private resort-style pool and outdoor living spaces overlooking the course. The detached guest house provides incredible flexibility for guests, multigenerational living, or a home office. A rare opportunity to own a premier golf course property combining elegance, privacy, and lifestyle.
#995696

Navarre

2770 Masters Boulevard

5 Beds

4 Baths

5,760 Sq.Ft.

$1,275,000

MLS#: 995696

New on site 1 day ago
Spectacular sunsets set the tone for this refined eighth-floor, west-facing condominium in the private, rental-restricted Southwinds I. Positioned as a spacious end unit, the residence enjoys sweeping gulf-front views from the living room, dining area, kitchen, and primary suite, creating a constant connection to the shoreline and sky. The open-concept kitchen is thoughtfully arranged with stainless steel appliances, a breakfast bar, a dedicated space for an ice maker that is plumbed and wired, and a layout designed for easy entertaining. Living and dining spaces are framed by a 32-ft. wall of windows that capture sugar-white sand and sparkling gulf waters from morning through evening.One of the most distinctive features of this home is the expansive curved balcony, offering extra outdoor living space to unwind, dine, or simply take in the changing colors of the horizon. The primary suite is generously sized and features an updated ensuite bath, while two additional bedrooms each include their own private bathrooms, providing comfort and privacy for guests and family. 

Recent improvements reflect pride of ownership and thoughtful investment, including a new HVAC system in 2021; all-new tile and carpet flooring in 2021; a kitchen and primary bath renovation in 2023 and secondary bath remodel in 2024. Community-wide enhancements include freshly painted exterior railings in 2024 and a complete elevator replacement in 2025. 

Southwinds I residents enjoy a quieter coastal lifestyle with no short-term rentals permitted. Amenities include a heated pool and hot tub, private gulf-front beach access with chair and umbrella service, personal storage lockers, garage bicycle storage, optional paddleboard storage, covered and open parking, and designated golf cart parking with association-issued permits. 

Beyond the building, owners benefit from access to the expansive lifestyle offered by Sandestin Golf and Beach Resort, a premier destination spanning more than 2,000 acres. Amenities include miles of beaches and bay frontage, four championship golf courses, a world-class tennis center, resort and neighborhood pools, a full-service marina, a fitness center and spa, and The Village of Baytowne Wharf with dining, shopping, events, and entertainment. Just outside the gates, Grand Boulevard adds even more shopping and dining options, all easily reached by golf cart without traveling on Highway 98. This gulf-front residence offers elevated views, thoughtful updates, and a refined coastal setting designed for those who value privacy, comfort, and enduring beauty.
#995733

Miramar Beach

4429 Southwinds Drive 4429

3 Beds

3 Baths

2,087 Sq.Ft.

$1,899,000

MLS#: 995733

New on site 1 day ago
Welcome to effortless coastal living in this beautifully updated and fully furnished studio condo in Pirates Bay, complete with a deeded 40' boat slip (C9)! Located on the 3rd floor, this charming 325 sq ft unit offers breathtaking views of the Santa Rosa Sound and showcases high-end upgrades throughout.Step inside to find wood-look ceramic tile flooring, quartzite countertops, and matching soft-close custom cabinetry that blends seamlessly across the kitchen, bathroom, and built-in office space. The handcrafted queen-size Bedder Way Murphy bed is painted to match the cabinetry, maximizing both style and functionality.
#995737

Fort Walton Beach

214 Miracle Strip Parkway B312

None Beds

1 Baths

325 Sq.Ft.

$210,000

MLS#: 995737

New on site 1 day ago
Welcome to Blackwater Reserve! A brand-new community featuring a beautiful community pool, Lazy River and Pickle Ball. The charming Delilah floorplan is a contemporary 1 story cottage style homes with 1 car garage. Popular 3 bedrooms, 2 baths and a highly desirable, relaxed open floorplan. The 'Smart Home Connect' System offers various convenient Smart Home devices you will love. The well-designed open kitchen includes stainless steel appliances, a smooth-top range, built-in microwave, gorgeous quartz countertops, quiet dishwasher, pantry, island bar, eye-catching wood-look flooring, and plush carpet in the bedrooms. No wasted space in this highly desirable floorplan. Fabric Hurricane door and window protection is also included. ALL LISTING pictures, colors, features, and size may vary. Square footages are approximate.
#995720

Milton

8158 Fox Hunt Drive

3 Beds

2 Baths

1,354 Sq.Ft.

$269,900

MLS#: 995720

New on site 1 day ago
LUXURY HOME FULLY FURNISHED WITH UTILITIES INCLUDED! Perfect location close to Sandestin, Sacred Heart Hospital, Grand Boulevard, and the beaches of South Walton. This updated detached gem has fresh paint, new light fixtures & ceiling fans, and wide plank luxury LVP flooring throughout the entire home.  Updated chef's kitchen remodel features designer quartz countertops with waterfall edges, new cabinets and brand new appliances. Lots of storage in the spacious 2 car garage; along with a fenced-in backyard for complete privacy.  New A/C as of April 2024. Perfect home for a young family or medical professional seeking a quiet retreat close to shopping, entertainment, and outdoor activities.
#995721

Santa Rosa Beach

145 Bayou Landing Road

4 Beds

2 Baths

1,653 Sq.Ft.

$3,900

MLS#: 995721

New on site 1 day ago
From this third floor covered balcony, enjoy beautiful views of the Choctawhatchee Bay and the Sandestin Marina. Located near the Baytowne Conference Center, shopping, dining, and entertainment in the Village of Baytowne Wharf. This condo features new LVP flooring in some areas, some new appliances, new paint, freshly appointed furnishings, a 2nd full bath with walk-in shower just off the living area for added convenience and is being offered fully furnished. The expansive floor-to-ceiling windows enhance the views and help to create a light and airy atmosphere. This condo has only been owner occupied and not on a rental program since 2022. Two pieces of art are excluded. Amenities include a magnificent lagoon pool, access to the Grand Sandestin fitness center, a gated underground
#995728

Miramar Beach

9600 Grand Sandestin Boulevard 3308

1 Beds

2 Baths

737 Sq.Ft.

$310,000

MLS#: 995728

New on site 1 day ago
Blackwater Reserve is a NEW community featuring a beautiful community pool, Lazy River and Pickle Ball. The 'BEAU' model is a highly desirable open concept floorplan, 9 ft. ceilings, built-in lighting and a fabulous layout for relaxed living, 4 bedrooms, 2 bathrooms, 2-car garage, covered patio & the 'Smart Home Connect 'System with a variety of convenient Smart Home devices. NICE open living room with the dining area open to the kitchen & living room has lots of windows for natural lighting. A well-designed open kitchen includes stainless steel appliances, a smooth-top range, built-in microwave, gorgeous quartz countertops, quiet dishwasher, corner pantry, island bar, eye-catching wood-look flooring & plush carpet in the bedrooms. Beautiful craftsman curb appeal. ALL LISTING pictures, colors, features, and size may vary. Square footages are approximate.
#995727

Milton

8151 Fox Hunt Drive

4 Beds

2 Baths

1,856 Sq.Ft.

$314,900

MLS#: 995727

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