38 Emerald Beach Cir, Santa Rosa Beach, FL, 32459
About This Home
Proven high-performing short-term rental with EXCEPTIONAL INCOME HISTORY, this beautifully furnished Highland Parks home offers the perfect blend of investment potential and elevated 30A living. Ideally located just minutes from the beach and a short walk to the resort-style community pool, the home is fully turnkey and thoughtfully designed for both comfort and strong rental performance. Extensively upgraded throughout, the home features hardwood floors, three screened porches, beautifully renovated bathrooms, designer lighting on dimmers, Ballard Designs furnishings and lighting, and a spacious primary suite with an oversized soaking tub. The kitchen includes brass hardware, a touch-faucet single-vessel sink, and additional pantry and closet storage. Outdoor spaces are equally inviting, with mature privacy landscaping, warm hard-wired landscape lighting, and a fenced backyard designed for relaxing and entertaining. Enjoy effortless evenings around the fire pit, conveniently connected directly to the home's natural gas line -- no propane tanks or refills required. Additional upgrades include an oversized Maytag washer and dryer, low-noise dishwasher, and hospital-grade UV air purification system. Whether you're seeking a high-performing investment property, second home, or full-time coastal retreat, this exceptional property delivers style, comfort, convenience, and proven results. a fenced backyard, and a natural gas fire pit -- perfect for relaxing after a day at the beach. With a strong rental history already in place, this is a rare opportunity to own a fully operational, income producing property in one of 30A's most desirable communities -- ideal as a second home, investment, or both.
Getting Around
Car-Dependent
Very Limited Transit
BikeableSchools
Construction
Condition
- Property condition: Construction Complete
- Year built: 2018
Type & Style
- Home type: SingleFamily
- Architectural style: Other
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Gas Water Heater,Tankless Water Heater
Bedroom
- Level: Second
- Area: 144
- Dimensions: 12 x 12
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Dining Room
- Level: First
- Area: 99
- Dimensions: 9 x 11
Family Room
- Level: First
- Area: 361
- Dimensions: 19 x 19
Features
- Common walls with other units/homes: No Common Walls
Heating & Cooling
- Heating features: Heat Pump,Natural Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 2,010
- Total interior livable area: 2,010 sqft
Kitchen
- Level: First
- Area: 315
- Dimensions: 15 x 21
Living Room
- Level: First
- Area: 361
- Dimensions: 19 x 19
Property
Details
- Parcel number: 013S203461000D0720
Features
- Stories: 2
Lot
- Lot size: 3,735 sqft
- Lot size dimensions: 45 x 83
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Lightning
- Tornado
- Coastal Flooding
- Inland Flooding
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Walton County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,899 | $58,788 |
| Home Insurance * | $824 | $9,888 |
| Property Taxes | $648 | $7,776 |
| Electricity | $202 | $2,427 |
| Total | $6,573 | $78,876 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-01 | Price change | $999,000 |
| 2026-03-27 | Price change | $1,050,000 |
| 2025-09-24 | Listed for sale | $1,075,000 |
| 2025-09-01 | Listing removed | -- |
| 2025-07-22 | Price change | $1,075,000 |
| 2025-06-04 | Price change | $1,095,000 |
| 2025-05-27 | Listed for sale | $1,195,000 |
| 2025-05-26 | Listing removed | $1,195,000 |
| 2024-12-21 | Listed for sale | $1,195,000 |
| 2022-09-06 | Listing removed | -- |
| 2022-07-31 | Price change | $1,399,000 |
| 2022-07-26 | Price change | $1,475,000 |
| 2022-07-22 | Price change | $1,495,000 |
| 2022-07-09 | Price change | $1,499,000 |
| 2022-06-29 | Price change | $1,595,000 |
| 2022-06-15 | Listed for sale | $1,599,900 |
| 2018-04-19 | Sold | $463,956 |
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