Property Description

A projected 9.7% gross rental yield leads the case for 3537 E. County Highway 30A, a Seagrove Beach residence designed from the start to perform as a luxury vacation rental. Seven bedrooms (plus bunk room), a heated pool terrace, a separate carriage house and parking for eight support projected rental income of $386,000. A first-year tax profile and a $50,000 property design credit at closing (with full price offer) add further value that investors will want to review. Location does much of the work. The home sits along the most active stretch of Seagrove Beach on the east side of 30A, where guests can walk or bike to some of the corridor's most popular restaurants, including Café Thirty-A and Perfect Pig, along with coffee and shopping. One of the few gas stations on the east end of 30A is minutes away. Owners hold deeded beach rights and use of a private gated beach walkover across the street which is shared by a small group of Gulf Shore Manor homeowners. Additionally, the Pelayo St and the Santa Clara St public beach accesses are just steps away. Established neighborhoods to the north invite long bike rides, and Seaside is a short trip west. Inside, 5,385 square feet across three levels is laid out for groups that travel together and book again. An elevator serves every floor. The first level holds three en suite guest bedrooms, including a large bunk suite, and a sitting room. The second level is the gathering floor, with a great room under soaring ceilings, open dining and a kitchen equipped with Sub-Zero and Wolf appliances, waterfall-edge countertops, an oversized island, a wet bar with beverage refrigeration and two Asko dishwashers for large-group cleanup. An en suite king bedroom completes the level. Outside, the terrace opens to a heated private pool with a water feature, outdoor dining and a grilling station. The third floor holds the primary suite, with vaulted ceilings, Gulf views, porch access and a spa bath with an oversized walk-in shower. The same floor includes a second guest king suite, a bunk room and a recreation lounge with a wet bar, wine refrigeration and an ice maker. Covered porches and balconies extend across all three levels. Above the detached two-car garage, a carriage house offers its own living area, kitchenette, bedroom and bath. Rent it with the main house for larger groups, or reserve it for owner stays. The first-year opportunity extends beyond rental revenue. A cost segregation analysis prepared by BAY Tax for this property outlines significant potential first-year bonus depreciation for a buyer who places the home in rental service. Paired with the projected income, that makes the first year of ownership unusually productive. The analysis is available to qualified buyers on request, and buyers should review it with their own CPA or tax adviser to confirm eligibility. To ease the transition into rental service, the seller is offering a $50,000 property design credit at closing with a full price offer. A new owner can direct it toward new furnishings, landscaping or light updates and launch the home exactly as they want guests to see it. Built in 2019, fully furnished and located where short-term rentals are permitted, this Seagrove Beach investment property arrives ready for its first rental season, with capital already set aside to make it the owner's own.