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LANDLORD ALERT -- Massive Opportunity!!  17 Parcels with 18 homes throughout Walton County. All but one house are leased as part of the HUD Section 8 program.  All are leased and bringing in revenue.  See the list of rents in the Documents section.  All but one are brick or block buildings.  Get the best deal by buying all at once or pick your favorites and make an offer.

DeFuniak Springs

136 Juniper Lake Road

None Beds

None Baths

N/A

$3,000,000

MLS#: 978555

Seller Financing Available! This spacious, custom-built beach home is a rental powerhouse, comfortably sleeping up to 14 guests. Located in the gated Villages of Crystal Beach, just minutes from the sugar-white sands, this property offers modern comfort and timeless coastal charm. Enjoy sunrises and sunsets from two private balconies, cook like a pro in the chef-style kitchen with granite countertops and ample prep space, and relax across two master suites plus two fun-filled bunk rooms perfect for the kids. The community features one of the area's most iconic lagoon-style pools, complete with hot tub and seasonal shuttle service to the beach. Short-term rentals allowed--ideal for investors or second-home seekers. Don't miss this opportunity with creative financing optionscall your agent

Destin

211 Tahitian Way

5 Beds

4 Baths

2,926 Sq.Ft.

$1,100,000

MLS#: 978655

Appliances arriving 6-14, photos to follow. Step into refined coastal living with this exquisitely remodeled, non-rental condominium -- a true showcase of elevated design and comfort. This residence has been thoughtfully transformed, featuring natural fossil limestone flooring throughout, including all bathrooms and showers, creating a seamless flow of timeless elegance.The brand-new kitchen is both stylish and functional, complemented by smooth scraped ceilings, upgraded cabinetry, designer lighting, and numerous unseen improvements -- including professional firestopping and a new on-demand electric water heater in the kitchen.Unlike others in the building, this unit offers expanded living space and a thoughtfully open floor plan that still allows for privacy in select areas. Every detail has been curated to offer a serene, sophisticated coastal retreat  perfect for those seeking luxury and tranquility by the sea.

Destin

830 Gulf Shore Drive 5086

3 Beds

3 Baths

2,353 Sq.Ft.

$1,898,000

MLS#: 978565

Welcome to Rivers Cove featuring a beautiful community pool and playground. The charming Lismore model offers a fabulous open layout for relaxed living, 3 bedrooms, 2 bathrooms, 2-car garage, and the 'Smart Home Connect' System with various convenient Smart Home devices. The well-designed open kitchen includes stainless steel appliances, a smooth-top range, built-in microwave, quiet dishwasher, corner pantry, island bar, eye-catching wood-look flooring, and plush carpet in the bedrooms. No wasted space and a highly desirable floorplan. Fabric Hurricane door and window protection is also included. Enjoy the stylish curb appeal in the rapidly growing area.

Milton

6356 Firefly Drive

3 Beds

2 Baths

1,568 Sq.Ft.

$323,400

MLS#: 978542

Welcome to Rivers Cove featuring a beautiful community pool and playground. The Cali model, one of our most sought-after designs, offers a fantastic open layout for relaxed living. Offers 4 bedrooms, 2 bathrooms, a covered back patio, 2-car garage, and the 'Smart Home Connect' System with various convenient Smart Home devices. The well-appointed kitchen includes stainless steel appliances, a smooth-top range, built-in microwave, quiet dishwasher, corner pantry, island bar, eye-catching wood-look flooring, and plush carpet in the bedrooms. Bedroom 1 and the adjoining beautiful bath boast a large walk-in closet, double vanity sinks and more. Fabric Hurricane window and door protection is also included. Enjoy the stylish curb appeal in the rapidly growing area.

Milton

6360 Firefly Drive

4 Beds

2 Baths

1,787 Sq.Ft.

$332,900

MLS#: 978543

Location! This 0.37 acre lot is situated off Highway 231, providing a straight commute to central Panama City and Panama City Beach. This lot offers a plethora of room to spread out and manifest the outdoor oasis of your dreams. Check out this property today! Power at the road and septic/well needed.

Fountain

20820 US-231

None Beds

None Baths

0.37 acres

$12,500

MLS#: 978566

Discover Villas on the Fairway, thoughtfully designed TOWNHOMES in the highly sought-after Watersound Origins community! These stunning 2-story residences feature 3 bedrooms, 2.5 baths, and a 1-car garage, with direct access to the lively Watersound Town Center--featuring shops, restaurants, a pavilion, and abundant green space just moments away.Inside, the open-concept first floor boasts stylish LVP flooring throughout, a spacious island kitchen with Quartz countertops, a sleek glass cooktop with oven, microwave and a refrigerator. A convenient coat/storage closet and powder room add to the home's functionality and ease of living.Upstairs, the spacious owner's suite is complemented by two additional bedrooms and beautifully appointed full baths, with upgraded shelving in every closet for added storage and organization.

Enjoy outdoor living at its best with an expansive deck, half-covered for year-round enjoyment all while overlooking the scenic golf course.

Don't miss this incredible opportunity to own your Watersound Origins townhome while they last! The Watersound Origins community is one of South Walton's most coveted neighborhoods for its exceptional amenities, beautiful new homes, and prime location. Amenities include the Village Commons pool & fitness center, sports courts including tennis and pickle ball, miles of nature trails, dock access to Lake Powell, unlimited golf and lots of green space for outdoor play. The all new Watersound Town Center brings a new level of excitement and convenience to the community with a Publix Super Market, delicious restaurants, healthcare facilities, and more right at the entrance to the neighborhood!

Inlet Beach

25 Golden Bell Court Unit 25B

3 Beds

2 Baths

1,685 Sq.Ft.

$525,000

MLS#: 978534

Seagrove Beach residential lot. No HOA. Gulf Shore Manor has five beach accesses to enjoy the beautiful beaches of South Walton. Great location approximately one mile to the Town of Seaside. Walk, ride your bike or golf cart to the beach. Awesome location within Gulf Shore Manor where you can build your dream home on the newly constructed  street with all utilities  underground including public water, sewer, electric & natural gas available on the street. Superb location for short term rentals, retirement home, or full-time residency now.

Santa Rosa Beach

Lot #18 Elm Street

None Beds

None Baths

0.15 acres

$650,000

MLS#: 978489

Seagrove Beach residential lot. No HOA. Gulf Shore Manor has five beach accesses to enjoy the beautiful beaches of South Walton. Great location approximately one mile to the Town of Seaside. Walk, ride your bike or golf cart to the beach. Awesome location within Gulf Shore Manor where you can build your dream home on the newly constructed  street with all utilities  underground including public water, sewer, electric & natural gas available on the street. Superb location for short term rentals, retirement home, or full-time residency now.

Santa Rosa Beach

Lot #3 Elm Street

None Beds

None Baths

0.15 acres

$650,000

MLS#: 978494

Nestled within the gates of Forest Lakes, one of 30A's most sought-after communities, this custom-built Luke & Blue's home perfectly combines coastal elegance with thoughtful design. From the moment you step inside, the warmth of shiplap walls, an inviting gas fireplace, and an oversized kitchen island create a space ideal for both entertaining and relaxed family living. The main level features a private guest suite with an en-suite bath, while the open-concept kitchen and living areas flow seamlessly for gatherings. Just off the living area, you'll find the first of two spacious screened-in porches, perfect for outdoor dining, relaxing, or entertaining. The second screened-in porch, located off the primary suite, offers a private retreat for enjoying your morning coffee or winding down after a day on the coast.

Upstairs, the second floor offers a thoughtfully designed layout, including a bunk room for additional sleeping accommodations, a spacious guest bedroom with an en-suite bath, a laundry room, and an impressive primary suite. The primary bath features a walk-in shower, soaking tub, and double vanity, creating a true spa-like experience.

A standout feature of this home is the incredible walkout basement, offering exceptional storage and versatile space that the current owners have utilized as both a game room and additional storage area. Whether for family game nights, hobbies, or organizing beach essentials, this bonus space enhances the home's functionality.

The exterior is a true showstopper, featuring an expansive turfed backyardincredibly large for 30Aand backing up to the tranquil nature preserve for added privacy and serenity. Enjoy the added convenience of covered parking and an outdoor shower, perfect for rinsing off after a day at the beach.

Forest Lakes is celebrated for its incredible amenities, offering residents a two-tiered resort-style pool, a gathering pavilion complete with an outdoor kitchen and fireplace, stocked fishing lakes for catch-and-release fun, a playground, walking trails, and lush, natural surroundings. Located just minutes from pristine beach access, shopping, dining, and the iconic coastal dune lakes, this home is the perfect blend of privacy, convenience, and lifestyle.

Lovingly maintained as a second residence and never rented, this home offers a rare opportunity to experience 30A living at its finest.

Seller will provide a $20,000 credit to buyer at closing toward the completion of the 4th bedroom space and additional bathroom
area that can be completed on the lower level of the homes. Please inquire for further details. Contact us today for rental projections & cost to own figures.

Santa Rosa Beach

117 W Okeechobee

3 Beds

3 Baths

2,234 Sq.Ft.

$1,574,000

MLS#: 978514

0.47 ACRES ON JONES DRIVE, FREEPORT, FL - AFFORDABLE FREEDOM NEAR THE COAST! Build your dream home or place a mobile home on this flexible homesite just 25 minutes from the beach and 10 minutes from Grady Brown Park, where you'll find a public boat ramp, beach area, and playground. Public water and sewer are available, and with no HOA and no build-out time restrictions, you can develop the property on your own timeline. The lot is located on a quiet, no-through street for added privacy, and while it will require fill to raise the elevation, the potential here is hard to beat. Enjoy a peaceful setting with quick access to the 331 bridge for easy trips to Santa Rosa Beach, the Gulf of Mexico, and all the dining, shopping, and amenities Freeport has to offer.

Freeport

xxx Jones Drive

None Beds

None Baths

0.47 acres

$85,000

MLS#: 978556

Available 7/7/25... Price Improvement!!!!  This is a great deal, newer home features 3/2.5 floor plan with the lawn care included in the rental rate, solar subsidy from the solar panels, custom accents, and almost 1900 sqft.  This well-maintained home lives large with a spacious living room and kitchen, plenty of natural light, nice kitchen with sleek cabinets and more.  The primary suite offers a private retreat with a luxurious ensuite bath, while the two additional bedrooms provide plenty of space for guests. Outside, enjoy a fully fenced backyard! Washer and dryer AS-IS. Pets are allowed with owner approval and $400 non-refundable pet fee. No Smoking or vaping in the property. www.RentGoodLife.com

Crestview

243 Wainwright Drive

3 Beds

2 Baths

1,886 Sq.Ft.

$1,850

MLS#: 978572

Wow! Pride of Ownership in this Immaculately cared for Waverly Anniversary Edition home on 1 acre with 2330 sq ft of living space. A 3B 2BA split floor plan with plenty of space. Master bedroom walk in closet is one that every woman dreams of, master bathroom with separate tile shower plus whirlpool tub and double vanities. There could be a 4th bedroom or used currently for an office. Formal living room as well as large living room with fireplace. Architecturally pleasing with rounded arch ways in different areas of the home. Kitchen has Quartz countertops, large breakfast bar, coffee bar area, upscale stainless-steel appliances and upgraded lighting. The laundry is right off the kitchen and like new washer and dryer convey! Metal roof replaced in 2019 along with siding and skirting.

Panama City

1533 Crooked Lane

3 Beds

2 Baths

2,330 Sq.Ft.

$304,900

MLS#: 978592

Here is the unicorn waterfront property you've been looking for! On beautiful Okaloosa Island, this 3-bedroom, 3-bath home overlooks the serene Intracoastal just across from the Landing. With 102 feet of waterfront, this property is uniquely situated to offer 180 degrees of panaromic sunrise and sunset views. The deep water dock provides 4 wet slips. Covered aluminum QAB boat lift system can handle up to 20,000 pounds. The dock also boasts a 200-amp electrical service. Just a short walk to the famous sugar-sand island beaches, this home has everything you're looking for in waterfront living. The beautifully renovated interior offers an expansive kitchen and living area with high impact hurricane windows and double French doors (also hurricane rated) for plenty of natural light. Quartzite countertops, stainless steel appliances, and custom wood cabinets provide the Chef with a convenient, modern kitchen, including a 5-burner range and Bosch dishwasher. Enjoy those spectacular views without leaving the kitchen!
The oversized primary suite has his and her closets and an updated bathroom with quartzite, lovely wood cabinets, hexagonal tile floors, and new light fixtures. All 3 bedrooms have gorgeous engineered hardwood flooring. 

Oversized garage has plenty of room for kayaks, paddleboards, and other water toys in addition to your vehicle. The third bathroom is just off the garage and is easily accessible from the living space, while also providing convenient access from outdoor activities. A hurricane-rated garage door has also been installed. 

With one of the longest waterfront footages on the Island, the exterior is just as lovely as the interior, with brand new landscaping and sod and a firepit overlooking the water. A fence with gated access provides extra peace of mind. The dock will accommodate your 100-foot yacht or several smaller water toys - or anything in between. A deck overlooking the water is perfect for entertaining. The striking paver system provides plenty of parking and is rated for high-weight commercial loads.

Fort Walton Beach

411-A Cobia Avenue

3 Beds

3 Baths

1,848 Sq.Ft.

$1,599,000

MLS#: 978567

Nice 3 bedroom, 2 full bath home.  Split bedroom floor plan.   Features hardwood floors, corner gas fireplace and vaulted ceiling in the living room.  The kitchen has staineless steel appliances and a center island.  The large mainicured back yard is privacy fenced. Lawn service is included with the rent. There is a screened porch just off the living room.  Home is conveniently located to schools, dining, shopping and the military bases.

Niceville

1240 Shipley Drive

3 Beds

2 Baths

1,814 Sq.Ft.

$2,600

MLS#: 978557

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© 2025 Emerald Coast Association of REALTORS® MLS All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Jimmy Burgess. Data last updated: 2025-07-11T10:20:00.000Z