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Harrison Lilly

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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108 Don Bishop Rd Unit 19 , Santa Rosa Beach, FL 32459
$944,900
Est. Payment: $4,791.86/mo
12 Bed
8 Bath
4600 Sqft
Status: active | Days on site: 3
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House Description

Exceptional investment opportunity in the heart of Santa Rosa Beach! This fully leased quadplex offers a highly desirable unit mix of four spacious 3-bedroom, 2-bathroom floor plans--a rare configuration in this corridor that commands premium tenant demand and low vacancy. Two of the four units have been completely renovated with modern finishes, setting a high benchmark for rental rates. The remaining units present a clear value-add pathway to bump future rents and maximize yield. Additional features include dedicated exterior storage areas on the side of the building for each unit, providing ideal space for tenant beach gear, bikes, and extra storage. This property delivers immediate, predictable income from day one. Positioned just minutes from Highway 98, Gulf Place, local dining, and the white sand beaches of 30A, this multi-family asset is an outstanding addition to any portfolio.

Highlights

Listed by Zachary A Fellner , 443-417-8336 and Jeffrey R Craven , 850-217-4508 Coldwell Banker Realty , 850-684-1003. Emerald Coast Multiple Listing Services

Property Type

Residential

HOA Fee

Year Built

2005

County

Walton

Area

16 - North Santa Rosa Beach

Neighborhood

Church Hill Bayou Santa Rosa Place

Listing ID

1009907

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:12
  • Bathrooms:8
  • Full Bathrooms:8
Appliances:Dryer, Refrigerator, Stove/Oven Electric, Washer

Exterior Features

Sewer:Public Sewer
Principal Interest
$4,792
Taxes
$280
HOA
$0

Home Price

$944,900

Loan Details

30 yrs
6.528%

Down Payment

20%
$188,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,791.86

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,791.86 $280.40 $0.00 $5,072.26
Yearly $57,502.28 $3,364.78 $0.00 $60,867.06
Total $1,725,068.44 $100,943.40 $0.00 $1,826,011.84

Today's Rates

30 Year

6.53%

20 Year

6.33%

15 Year

6%

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Market insight data is pulled from the same city as the listing being viewed (Santa Rosa Beach, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Emerald Coast Multiple Listing Services, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-20T06:32:47.000Z

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