From Cottages to Mansions: Unlocking the Diverse Property Portfolio of Santa Rosa Beach

Theresa Hus
6 min readMay 16, 2024

Have you ever dreamed about adventuring to the astonishing Gulf of Mexico but didn’t know which city to choose as your residence? Then, we’ve found the ultimate solution for you in Santa Rosa Beach, Florida! The lovely unincorporated community in Walton County, Northwestern Florida, is a hidden gem that mirrors laid-back charms and diverse real estate offerings.

Discover promising investment attractions of Santa Rosa Beach Florida, from experts!

This picturesque coastal community, part of the renowned 30A stretch (which follows the Gulf coast for 26 miles), is famous for its stunning and pristine white-sand beaches and eclectic arts scene. However, we’re here to discover its varied property portfolio that caters to every taste and lifestyle, from cottages to high-end mansions. Are you ready to invest in the Santa Rosa Beach paradise?

If you wish to buy a home or invest, your best option would be to contact top-tier local real estate agents in Santa Rosa Beach! These market experts can deliver the hottest listings plus will bring you up to speed with the trendiest neighborhoods.

Santa Rosa Beach brings you coastal living at its finest!

Santa Rosa Beach was specially designed for folks seeking the unadulterated and unhinged coastal lifestyle. No one can really capture the awesomeness of Blue Mountain Beach and Seaside Beach in words! You must witness them up close and personal. We guarantee that reality will exceed your expectations!

Whether you desire a retro beach cottage, a luxurious waterfront estate, or a contemporary and stylish condominium with breathtaking panoramic ocean views, this fascinating town won’t disappoint. The real estate market in Santa Rosa Beach is as diverse as the shades of the Gulf waters, offering something for everyone.

Are homes in Santa Rosa Beach budget-friendly? Not particularly!

To fully comprehend why property prices in Santa Rosa Beach are so high, we must investigate the unincorporated community’s irresistible appeals. Besides the evidently unique and gorgeous natural landscapes (and we haven’t even mentioned Topsail Hill Preserve State Park or Eden Gardens State Park), many demographics have found the ideal relocation destination here. Is Santa Rosa a family-friendly town? Yes, it is! Does this enchanting place make an excellent snowbird destination in the United States? You bet!

The reasons behind Santa Rosa Beach’s popularity lie behind its top-notch economy. Santa Rosa Beach boasts a lower unemployment and poverty rate than the national average. At the same time, its job market reported a genuine leap from the pandemic onwards. Moreover, market analysis shows that the job market will experience approximately 40 percent growth in the next decade. Seemingly, all stars have aligned for Santa Rosa Beach’s unparalleled success.

A quick insight into the Santa Rosa Beach local real estate market

Under such circumstances, it is no wonder real estate prices have skyrocketed. As of the final economic quarter of 2023, the median real estate sale price in Santa Rosa Beach was about $920,000, more than double the national average and the Florida state median!

However, there’s a kickback to increased property prices. Santa Rosa Beach has become a buyer’s market by the end of 2023. In other words, buyers and investors can enjoy a certain price flexibility on behalf of sellers. Based on recent statistics, properties for sale in Santa Rosa Beach, FL, stay on the market for an average of 79 days. In addition, homes don’t receive too many offers and generally sell below the list price by about five percent.

Is the Santa Rosa Beach housing market exposed to an inevitable market correction? We wouldn’t go as far. However, we can get behind the idea that now is the time to buy a home, a second home, or a rental unit here. Furthermore, investing in commercial real estate in Santa Rosa Beach can be a highly lucrative business in the long run (see the place’s outstanding economic prospects!)

Explore the diverse property portfolio in the best Santa Rosa Beach neighborhoods!

Suppose waking up to the sound of waves gently lapping the shore resonates with you. Then, consider buying beachfront properties, a staple in Santa Rosa Beach! From comfy beach cottages with weathered shingles to sleek to modern beachfront estates, a comprehensive variety of housing options caters to different preferences.

Imagine sipping your delicious morning coffee on a private porch or balcony overlooking the Gulf as the sun rises. Is there a lifestyle more befitting than this? Let’s examine the most fashionable residential areas in Santa Rosa Beach!

Point Washington

Point Washington is a coastal, up-and-coming neighborhood in Santa Rosa Beach, Florida. Its real estate comprises mainly medium-sized (three or four-bedroom) to smaller (studio to two-bedroom) single-family homes and high-rise apartments. Many Point Washington residences are newer constructions built from the 2000s onward.

The median home sale price is $1,300,000, and its median rent is $3,270.

Vacant apartments or houses, with a vacancy rate of about 60 percent, are a significant fact of life in Point Washington (source: Neighborhoodscout). A reasonably high percentage of homes are seasonally inhabited (46 percent). If you live here year-round, you’ll find out that several buildings in your neighborhood are empty in the off-season.

Dune Allen

Dune Allen is another fantastic coastal residential neighborhood with an exquisite suburban feel. Dune Allen real estate market comprises medium-sized to large (four or more bedrooms) single-family homes and high-end apartment complexes. Owners and renters occupy most local residential real estate here. Like Point Washington, many homes in the Dune Allen are new constructions that have been added to the city since the 2000s.

The median property sale price is $806K, and the average rent is $3,200.

The current real estate vacancy rate in Dune Allen is approximately 38 percent. About 27 percent of properties here are only seasonally occupied. Dune Allen delivers an executive lifestyle with spacious homes, catering to residents with upper-middle income and military personnel.

Draper Lake

Find homes from medium-sized (three or four bedrooms) to large (five or more bedroom) units, primarily single-family homes and high-rise apartments in Draper Lake! Again, renters and homeowners occupy most properties. Almost every Draper Lake residence has been built since the 2000s.

The average home sale price is $1,005,000 (pricier than 95 percent of all Florida neighborhoods), and the median rent is $3,200.

The neighborhood’s current vacancy rate is about 71 percent, meaning that most houses are seasonally occupied. Its residents are less financially well-off than in the case of Dune Allen and Point Washington. However, it boosts top recreational facilities like the Private Beach Cabana and the Boat Houses.

Church Street Village / Churchill Oaks Churchill Bayou

This incredible residential, coastal neighborhood of Church Street Village / Churchill Oaks Churchill Bayou real estate contains medium-sized (three or four-bedroom) units to smaller mobile homes, studios, or two-bedroom single-family homes. Only some assets were built between 1970 and 1999, while the rest are newer constructions. The present-day vacancy is the most reduced here, with a rate of about 17 percent. Mostly, moderate-income folks live here.

The median home sale price is $596,000, while the average rent is $2,400.

Conclusion

What sets Santa Rosa Beach apart from other coastal towns in Florida is the unique character of its neighborhoods, as each comes with its own distinct flavor. For instance, Seaside, one of the iconic communities along 30A, is a pastel-colored fairyland that exudes an adorable New Urbanist vibe. The architectural diversity in Santa Rosa Beach is a visual feast, from cozy cottages to avant-garde beachfront mansions. Whether you pick Draper Lake, Dune Allen, or Churchill Oaks Churchill Bayou, you’ll find a spacious house or top condo anywhere to enjoy the most fabulous life!

Based on the city’s exceptional business and financial prospects, public safety, and family-friendly vibes, we wholeheartedly recommend buying and investing in a residential or commercial property in Santa Rosa Beach, Florida!

So why don’t you immerse yourself in outstanding real estate possibilities that make this coastal haven a place like no other in the Sunshine State?

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Theresa Hus

Theresa has single-handedly created the entire Sales and Marketing Training Program at RealEstateAgent.com from scratch, and has closed approx 20m in sales.