377 Canal Street, Santa Rosa Beach, FL 32459 (MLS# 1000551)

Supplements: Upstairs, the oversized primary suite offers a sitting area, private balcony, and a spacious bath with dual vanities. Additional bedrooms are thoughtfully arranged with a mix of ensuite and Jack-and-Jill configurations, including a versatile fifth bedroom ideal for a bunk room or media space. Outdoors, the property expands its appeal with an oversi ... (Read more) Upstairs, the oversized primary suite offers a sitting area, private balcony, and a spacious bath with dual vanities. Additional bedrooms are thoughtfully arranged with a mix of ensuite and Jack-and-Jill configurations, including a versatile fifth bedroom ideal for a bunk room or media space. Outdoors, the property expands its appeal with an oversized two-car garage with potential carriage house addition and an expansive, fenced yard with ample room for a resort-style pool, putting green, and outdoor entertaining. With no HOA, fewer restrictions, and favorable taxes, the property presents a strong investment profile--projected rental income up to $343K with enhancements of a pool and golf cart--while remaining private enough for a primary or second home. An adjoining quarter-acre lot is also available for purchase, creating a rare opportunity to assemble a near half-acre legacy estate. Positioned along one of 30A's most desirable corridors, owners benefit from walkable access to dining, shopping, and multiple beach access points, combined with the flexibility and long-term upsides that define Old Seagrove.