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Sold for $5,500,000 on 08/31/23
  • $5,500,000

    512 Defuniak St, Santa Rosa Beach, FL 32459

    8beds
    4,812sqft
    Single Family Residence
    Built in 2023
    6,969.6 Square Feet Lot
    $5,604,700 Zestimate®
    $1,143/sqft
    $6,994 Estimated rent

    Home value

    $5,604,700

    $4.99M - $6.33M

    $6,994/mo

    Zestimate® history
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    $33,733/mo

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    What's special

    Welcome to Grayton Beach's newest luxury home--512 Defuniak St. Located just steps from the world famous Red Bar, the local favorite Chiringo and the sun kissed shoreline, this home is a dream coastal retreat. The home is projected to produce $504,800 in rental income, making for an excellent rental investment. Step inside and be greeted by a stunning open floorpan that exudes modern luxury and custom design. Amazing windows throughout flood the home with sunlight and gulf views. 8 bedrooms, each with ensuite bath plus a powder room means you'll always have plenty of room for all of your guests. On the ground floor, the game room seamlessly flows into an inviting outdoor kitchen and fireplace lounge area that overlooks the pool and spa--sure to be a focal point of all outdoor festivities. Sit by the fire and watch football while the kids splash in the heated pool! Every aspect of this property was intended to suspend the boundaries between indoor and outdoor living. Made for entertainment, this bottom level includes a huge wet bar with ice machine, pool table and den. Climb the staircase or take the elevator to one of the three massive upper decks in the evening to capture those amazing 30a sunsets and views of the gulf. Superlative craftsmanship is illustrated throughout utilizing premium materials including white oak hardwood floors and designer tile. The spacious chef's kitchen includes custom cabinetry, GE Monogram appliances and built in full size refrigerator & freezer which would please even the most discerning home chef. This home has been custom-designed to harmoniously blend with the charming old Grayton aesthetic while still providing all the comforts that only new construction can provide. Don't miss the chance to own this extraordinary Grayton Beach beauty!

    Zillow last checked: 8 hours ago

    Listing updated: January 29, 2025 at 05:30am

    Listed by:

    Jacob K Eastland 850-246-8653,

    Eastland Real Estate

    Bought with:

    Mandy Cooper, 3042046

    Scenic Sotheby's International Realty

    Niki Noblin, 3032731

    Destin Real Estate

    Source: ECAOR,MLS#: 928899MLS LogoOriginating MLS: Emerald Coast

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 9
    • Full bathrooms: 8
    • 1/2 bathrooms: 1
    Living room
    • Level: Third
    Cooling
    • AC - 2 or More, Electric
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Freezer, Microwave, Range Hood, Refrigerator, Stove/Oven Dual Fuel, Tankless Water Heater, Water Heater - Two +
    Features
    • Elevator, Kitchen Island, Recessed Lighting, Bedroom, Bonus Room, Dining Area, Living Room
    • Flooring: Hardwood, Tile
    • Windows: Double Pane Windows, Window Treatments
    • Has fireplace: Yes
    • Fireplace features: Outside
    • Furnished: Yes
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 4,812
    • Total interior livable area: 4,812 sqft

    Property

    Features
    • Stories: 3
    • Patio & porch: Patio Covered, Covered Porch
    • Exterior features: Balcony, Barbecue, Hot Tub, Outdoor Shower, Outdoor Kitchen
    • Has private pool: Yes
    • Pool features: Private, Heated, In Ground
    • Has spa: Yes
    • Fencing: Back Yard,Partial
    • Has view: Yes
    • View description: Gulf
    • Has water view: Yes
    • Water view: Gulf
    Lot
    • Size: 6,969 sqft
    • Dimensions: 50 x 140
    • Features: Within 1/2 Mile to Water
    Details
    • Parcel number: 083S19250300020140
    • Zoning description: Resid Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Beach House
    • Property subtype: Single Family Residence
    Materials
    • Siding CmntFbrHrdBrd
    • Roof: Metal
    Condition
    • Construction Complete
    • Year built: 2023

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Cable Connected

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Location
    • Region: Santa Rosa Beach
    • Subdivision: Grayton Beach

    Price history

    DateEventPrice
    8/31/2023Sold$5,500,000-6.8%$1,143/sqft
    Source: ECAOR #928899
    8/17/2023Pending sale$5,900,000$1,226/sqft
    Source: ECAOR #928899
    8/1/2023Listed for sale$5,900,000+372%$1,226/sqft
    Source: ECAOR #928899
    12/7/2020Sold$1,250,000-31.5%$260/sqft
    Source: Public Record
    10/31/2019Listing removed$1,825,000$379/sqft
    Source: Go To The Beach #805182

    Public tax history

    YearProperty taxesTax assessment
    2024$41,069 +614.8%$4,496,177 +684.9%
    2023$5,746 -59.2%$572,826 -54.7%
    2022$14,082 +26.4%$1,265,836 +10%

    Find assessor info on the county website

    Neighborhood: 32459

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Dune Lakes
    • Middle: Emerald Coast
    • High: South Walton

    Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $5,604,700
    2% more+ $112K
    With Zillow Showcase(estimated)
    $5,716,794