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Harrison Lilly

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

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156 Palmeira Way , Santa Rosa Beach, FL 32459
$1,399,000
Est. Payment: $7,094.73/mo
4 Bed
5 Bath
3080 Sqft
Status: active | Days on site: 130
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House Description

Steps to the Beach on 30A | Gulf-View Luxury Home with Low HOA & Rental Appeal Just steps from public beach access and offering Gulf views from multiple balconies, 156 Palmeira Way is a rare four-bedroom, five-bath luxury beach home in Seagrove Beach on 30A, perfectly positioned as a high-performing vacation rental or private coastal retreat—without the burden of high HOA fees. Located within the private, gated enclave of Palmeira Villas, this three-story residence spans over 3,000 square feet and is thoughtfully designed to support both elevated coastal living and strong short-term rental demand. Wraparound covered balconies on multiple levels capture Gulf breezes, peek-a-boo water views, and sunset skies—highly desirable features for vacation renters seeking proximity, views, and outdoor living space. The main living level features soaring 12-foot coffered ceilings, French oak hardwood flooring, and a bright open-concept layout that maximizes group flow—an essential component for large-family and multi-couple rental bookings. The gourmet kitchen, complete with custom cabinetry, Carrara quartz countertops, and an oversized island with seating, anchors the home as an ideal gathering space for entertaining and extended stays. The spacious primary suite offers a spa-like retreat, while three additional ensuite bedrooms provide privacy, flexibility, and comfort—allowing the home to comfortably accommodate larger groups and maximize rental occupancy. Multiple living areas and well-separated bedroom layouts make this property exceptionally well-suited for luxury vacation rental use on 30A. What truly sets this property apart is the rare combination of immediate walkable beach access and exceptionally low HOA fees, significantly reducing overhead and increasing net rental returns—an increasingly uncommon advantage in Seagrove Beach and throughout the 30A corridor. The two-minute walk to the beach, gated setting, and low-maintenance design enhance both guest experience and ownership efficiency. Ideally located near Seaside, Grayton Beach State Park, Eastern Lake, the 30A bike path, and the area's most sought-after dining and shopping destinations—including Greenway Station—this home benefits from consistent year-round rental demand driven by tourism, walkability, and location. Properties on 30A offering Gulf views, walkable beach access, flexible sleeping arrangements, low HOA fees, and strong short-term rental appeal are increasingly rare. 156 Palmeira Way represents a compelling opportunity for investors and lifestyle buyers alike in one of Florida's most resilient coastal markets. Inquire today to arrange a private showing. On 30A, homes with views, access, space, and low overhead are few and far between. This is one of them.

Highlights

Listed by Rachel N Warrell , 850-896-5899 eXp Realty, LLC , 850-896-5899. Bay County Association of REALTORS

Property Type

Residential

Lot/Acreage
0.07

HOA Fee

Year Built

2006

County

Walton

Area

12 - Walton County

Neighborhood

Palmeira Villas At Seagrove

Listing ID

783881

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:5
  • Full Bathrooms:4
  • 1/2 Bathrooms:1
Air Cond:Central Air,Multi Units
Fireplaces:
Other:
  • Additional:Coffered Ceiling(s), Interior Steps

Exterior Features

Lot Dimensions:40x90x23x70
Zoning:Resid Single Family
Sewer:Public Sewer
Parking Features:Gated
Principal Interest
$7,095
Taxes
$1,030
HOA
$0

Home Price

$1,399,000

Loan Details

30 yrs
6.528%

Down Payment

20%
$279,800
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:
$7,094.73

Principal

Taxes

Principal Taxes HOA Total
Monthly $7,094.73 $1,029.50 $0.00 $8,124.23
Yearly $85,136.72 $12,354.00 $0.00 $97,490.72
Total $2,554,101.75 $370,620.00 $0.00 $2,924,721.75

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 Bay County Association of REALTORS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-20T06:33:19.000Z

© 2026 Bay County Association of REALTORS