π° $48K+ Vacation Rental Revenue β’ Two Homes for the Price of One
ποΈ $445K Santa Rosa Beach compound with two furnished cottages, dual rental income potential, no HOA, and just minutes from 30A and the Gulf.
ποΈ Two Homes Near 30A for the Price of One
π° $48K+ Annual STR Revenue β’ Two Fully Furnished Cottages β’ No HOA β’ Zoned for Short-Term Rentals β’ Minutes from 30A & South Walton Beaches
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π¨ It's Rare to Find Two Income-Producing Homes on One Property...
It's even rarer to find them minutes from 30A for under $450,000.
This unique Santa Rosa Beach compound includes two separate fully furnished cottages, each with its own rental history, allowing investors to generate income from multiple units while maintaining tremendous flexibility.
Live in one.
Rent the other.
Short-term rent both.
Long-term lease both.
Host family.
Create a private guest retreat.
Very few properties offer this many exit strategies at this price point.
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π π΄ Express Interest in this property here.
π‘ The Asset
40 Long Leaf Circle
Santa Rosa Beach, FL
π° Offered at: $445,000
Two Separate Homes
Fully Furnished
Zoned for Short-Term Rentals
No HOA
0.28 Acres
Backs to 255 Acres of Protected Conservation Land
RV Hookup with Sewer
Room for a Pool or Spa
Minutes from Scenic Highway 30A
Instead of purchasing a single vacation rental...
You're purchasing an entire coastal compound.
π° Proven Income
This property has already demonstrated income through both short-term and long-term rentals.
Short-Term Rental History (2023)
π‘ Blue Cottage
π° Approximately $29,000 Gross Revenue
π‘ Crab Island Studio
π° Approximately $19,000 Gross Revenue
Combined STR Revenue: Approximately $48,000
For buyers preferring long-term rentals:
π° Blue Cottage previously leased for $2,125/month
π° Studio previously leased for $1,675/month
Combined Long-Term Income:
π° $3,800/month
π° $45,600 annually
That flexibility gives future owners multiple ways to maximize returns depending on market conditions.
π‘ Two Completely Separate Living Spaces
Unlike many guest houses...
These are two independent homes.
The Blue Cottage
π 2 Bedrooms
π 1 Bathroom
868 Sq Ft
Recently updated with:
β New metal roof (2023)
β New appliances
β Updated kitchen
β New countertops
β New flooring
β Fresh interior & exterior paint
β New water heater
β New washer & dryer
β Spacious screened porch
β Grilling deck
Crab Island Studio Cottage
Privately tucked behind its own privacy fence...
This detached studio creates an entirely separate guest experience.
Features include:
β Kitchenette
β Updated bathroom
β Massive screened porch
β Outdoor kitchen
β Wet bar
β Mini refrigerator
β Outdoor shower
β Wraparound deck
Ideal as:
π‘ Guest house
π» Home office
π¨ Art studio
πͺ Fitness room
π¨βπ©βπ§ Mother-in-law suite
Additional rental
π΄ Outdoor Living Done Right
One of the property's biggest advantages is how much larger it feels than the listed square footage.
That's because so much of the lifestyle happens outside.
Highlights include:
πΏ Large screened porches
π Outdoor entertaining areas
π΄ Private fenced yard
πΏ Outdoor shower
π 30-amp RV hookup
π Plenty of parking
π Room to add a pool
β¨οΈ Room for a spa
The result is a property designed around the Florida lifestyle.
π Prime Santa Rosa Beach Location
Location is everything.
This property sits just minutes from:
ποΈ South Walton beaches
π Scenic Highway 30A
π³ Topsail Hill Preserve
ποΈ Grand Boulevard
π½οΈ Restaurants
π Shopping
π₯ Sacred Heart Hospital
Despite being close to everything, the property backs up to 255 acres of protected conservation land, meaning no future development directly behind you.
That level of privacy is becoming increasingly difficult to find along the Emerald Coast.
πΈ Financing & Tax Angle
At $445,000, this property offers one of the more affordable entry points into the highly desirable Santa Rosa Beach market.
Buyers may qualify for several financing options, including:
β Conventional investment financing
β Vacation rental financing
β DSCR loans
β Portfolio lending
For qualifying investors, a cost segregation study and accelerated depreciation strategies may also provide meaningful tax benefits depending on individual circumstances and current tax law. Buyers interested in those opportunities should consult their CPA or tax advisor.
π‘ Need Help Finding Your Own STR?
If you've been thinking about buying a vacation rental but keep getting stuck on what to buy or where to invest, we partner with a team that helps investors identify fully underwritten, data-backed STR opportunities.
Within approximately 48 hours, they'll match you with investment opportunities complete with:
β Revenue projections
β Market selection
β Property recommendations
β Design guidance
β Listing optimization
β Management recommendations
β Pricing strategy
In order to work with them, they typically require having around $150,000 available for your down payment, furnishing, design, and revenue-driving amenities so you're positioned for success from day one.
Many investors are also purchasing STRs to take advantage of bonus depreciation opportunities that, when structured properly with their CPA, may create substantial first-year tax deductions.
To date, they've helped investors acquire:
π‘ 375+ properties
π° $60M+ in rental revenue
π $25M+ in estimated tax savings
π‘ Looking to Sell Your STR?
Own a high-performing vacation rental?
The Offer Sheet may be interested in:
β Buying it directly off market
β Facilitating a deal
β Connecting you with qualified buyers from our nationwide investor audience
π© Simply reply to this email if you'd like to have a conversation. We'd love to hear about your property.
π― Why This One Stands Out
1. π‘ Two Homes on One Property
Instead of one rental unit, you're acquiring two fully independent cottages with multiple income strategies.
2. π° Multiple Income Streams
Generate revenue through short-term rentals, long-term leases, owner occupancy with supplemental income, or multigenerational living.
3. π΄ Prime 30A Location
Minutes from South Walton's famous beaches while enjoying privacy rarely found this close to the coast.
4. π« No HOA
No HOA means greater flexibility for owners and fewer restrictions than many nearby vacation rental communities.
5. πΏ Protected Privacy
Backing directly to 255 acres of permanent conservation land creates a peaceful setting that's unlikely to change over time.
β‘ Bottom Line
Santa Rosa Beach inventory under $500,000 is already difficult to find.
Finding two fully furnished homes, established rental history, no HOA, zoning that allows both short- and long-term rentals, and a location just minutes from 30A is even rarer.
Whether you're looking to maximize cash flow, create a family compound, offset your ownership costs by living in one unit while renting the other, or simply own a flexible coastal investment, this property offers possibilities that very few listings can match.
π² Express Interest
Ready to learn more or schedule a showing?
π π΄ Express Interest in this property here.











π π΄ Express Interest in this property here.