18 Initial Ln Santa Rosa Beach, FL 32459
Estimated payment $3,990/month
Highlights
- Very Popular Property
- Screened Pool
- Screened Porch
- Van R. Butler Elementary School Rated A-
- Traditional Architecture
- Walk-In Pantry
About This Home
Discover the perfect blend of comfort, style, and income potential in this beautifully updated 3 bedroom, 3 bathroom home with a bonus bunk room in the desirable Sacred Oaks community off E. Mack Bayou Drive. Surrounded by upscale gated neighborhoods, this location offers peace and privacy while keeping you close to everything. This property is a proven six-figure turnkey rental or an ideal retreat away from the hustle of the beach. Inside, the split floor plan creates an easy, welcoming flow with luxury LVP and tile throughout. The private primary suite opens directly to the pool for a true resort feel. The kitchen and bathrooms have been tastefully updated, and the home is fully furnished with stainless steel appliances already in place. A new metal roof in 2025, updated electrical and plumbing, and both electric and gas availability indoors and outdoors offer confidence and convenience. Step into the backyard and enjoy a resort style setting. The pool features water elements, lighting, and an attached spa for relaxing any time of day. A screened outdoor living area with a fireplace creates the perfect space for gathering or unwinding. The outdoor shower, drive through garage, and ample parking make this home easy to enjoy and easy to host. Located just minutes from 30A beaches, restaurants, and shops, this solid brick home delivers both lifestyle and long term value. If you are searching for a strong income producer or a quiet place to call home, you have found it.
Home Details
Home Type
- Single Family
Year Built
- Built in 1981
Lot Details
- Lot Dimensions are 100x125
- Property fronts a county road
- Back Yard Fenced
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Shingle Roof
Interior Spaces
- 2,340 Sq Ft Home
- 1-Story Property
- Shelving
- Crown Molding
- Recessed Lighting
- Gas Fireplace
- Living Room
- Breakfast Room
- Dining Area
- Screened Porch
- Tile Flooring
- Fire and Smoke Detector
- Laundry Room
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Gas Oven or Range
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- En-Suite Primary Bedroom
- 3 Full Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Primary Bathroom includes a Walk-In Shower
Parking
- Attached Garage
- Automatic Garage Door Opener
Pool
- Screened Pool
- Heated In Ground Pool
- Spa
Schools
- Van R Butler Elementary School
- Emerald Coast Middle School
- South Walton High School
Utilities
- Central Air
Listing and Financial Details
- Assessor Parcel Number 24-2S-21-42273-000-0100
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,920 | $433,818 | $95,000 | $338,818 |
| 2024 | $3,665 | $396,332 | $50,538 | $345,794 |
| 2023 | $3,665 | $403,308 | $50,538 | $352,770 |
| 2022 | $3,389 | $365,694 | $56,097 | $309,597 |
| 2021 | $360 | $74,735 | $0 | $0 |
| 2020 | $370 | $170,102 | $44,889 | $125,213 |
| 2019 | $359 | $72,046 | $0 | $0 |
| 2018 | $354 | $70,703 | $0 | $0 |
| 2017 | $346 | $69,249 | $0 | $0 |
| 2016 | $343 | $67,825 | $0 | $0 |
| 2015 | $347 | $67,354 | $0 | $0 |
| 2014 | $350 | $66,819 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/11/2025 12/11/25 | For Sale | $699,000 | +10.1% | $299 / Sq Ft | |
| 01/18/2022 01/18/22 | Sold | $635,000 | 0.0% | $271 / Sq Ft | View Prior Sale |
| 12/29/2021 12/29/21 | Pending | -- | -- | -- | |
| 10/26/2021 10/26/21 | For Sale | $635,000 | -- | $271 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $635,000 | Championship Title Agency | |
| Warranty Deed | $499,000 | Championship Title Agcy Llc | |
| Interfamily Deed Transfer | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $449,100 | New Conventional |
Source: Emerald Coast Association of REALTORS®
MLS Number: 991124
APN: 24-2S-21-42273-000-0100
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