388 Cypress Dr Santa Rosa Beach, FL 32459
Estimated payment $7,231/month
Highlights
- Gulf View
- Primary Bedroom Suite
- Beach House
- Van R. Butler Elementary School Rated A-
- Gated Community
- Community Pool
About This Home
Located in the gated community of Cypress Dunes along the west end of Scenic Highway 30A, 388 Cypress Drive is a beautifully designed 3-bedroom, 3.5-bath coastal residence offering Gulf views, refined architecture, and rare expansion potential in a peaceful, natural setting. The second-floor living space makes an immediate impression with dramatic wall-to-wall windows, flooding the home with natural light and creating a bright, elevated coastal aesthetic. The kitchen has been thoughtfully remodeled within the past five years and features modern finishes, including a striking waterfall-edge countertop that adds a clean, contemporary focal point. It flows seamlessly into the open living and dining areas--ideal for entertaining or relaxed everyday living. Additional recent improvements include a new HVAC units, fresh interior and exterior paint, and updated bathroom countertops, providing both style and peace of mind for the next owner. The third floor captures partial west-facing Gulf views and features a private balcony, perfectly positioned for sunset evenings and coastal breezes. Rear alley access provides flexibility rarely found along 30A--the back portion of the lot offers space to build a two-car garage with carriage house above or expand the existing home, adding both functionality and long-term value. Surrounded by the protected beauty of Topsail Hill Preserve State Park, the community offers a quiet, scenic backdrop while remaining conveniently close to the shops and restaurants at Gulf Place and Grand Boulevard. Beach access is just a short distance away, along with access to the trails and shoreline of Topsail Preserve. Cypress Dunes amenities include a Gulf-view infinity-edge pool, outdoor fireplace and gathering pavilion, fitness center, tennis and pickleball courts, and winding nature trails. An exceptional opportunity for a primary residence, second home, or investment property in one of 30A's most serene coastal settings.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,882
Year Built
- Built in 2006
Lot Details
- 3,485 Sq Ft Lot
- Lot Dimensions are 40x85
- Sprinkler System
Home Design
- Beach House
- Metal Roof
Interior Spaces
- 2,328 Sq Ft Home
- 3-Story Property
- Fireplace
- Living Room
- Dining Area
- Gulf Views
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom Suite
- Dual Vanity Sinks in Primary Bathroom
- Separate Shower in Primary Bathroom
- Garden Bath
Outdoor Features
- Balcony
- Covered Deck
Schools
- Van R Butler Elementary School
- Emerald Coast Middle School
- South Walton High School
Utilities
- Multiple cooling system units
- Central Air
- Air Source Heat Pump
Listing and Financial Details
- Assessor Parcel Number 32-2S-20-33300-000-1330
Community Details
Recreation
- Tennis Courts
- Pickleball Courts
- Community Pool
Additional Features
- Cypress Dunes Subdivision
- Meeting Room
- Gated Community
Map
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 | $7,882 | $875,449 | $200,000 | $675,449 |
| 2024 | $7,959 | $975,416 | $203,175 | $772,241 |
| 2023 | $7,959 | $718,567 | $0 | $0 |
| 2022 | $6,880 | $841,756 | $202,020 | $639,736 |
| 2021 | $5,748 | $593,857 | $139,013 | $454,844 |
| 2020 | $5,385 | $539,452 | $96,898 | $442,554 |
| 2019 | $5,095 | $513,080 | $94,076 | $419,004 |
| 2018 | $4,937 | $495,139 | $0 | $0 |
| 2017 | $4,869 | $494,284 | $88,676 | $405,608 |
| 2016 | $4,639 | $482,010 | $0 | $0 |
| 2015 | $4,212 | $424,248 | $0 | $0 |
| 2014 | $3,781 | $366,746 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/27/2026 04/27/26 | Price Changed | $1,240,000 | -2.0% | $533 / Sq Ft | |
| 03/05/2026 03/05/26 | For Sale | $1,265,000 | +73.3% | $543 / Sq Ft | |
| 07/06/2020 07/06/20 | Sold | $730,000 | 0.0% | $314 / Sq Ft | View Prior Sale |
| 07/06/2020 07/06/20 | Pending | -- | -- | -- | |
| 07/06/2020 07/06/20 | For Sale | $730,000 | -- | $314 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $730,000 | Setco Services Llc | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Corporate Deed | $841,000 | Southern Escrow & Title Llc |
Source: Emerald Coast Association of REALTORS®
MLS Number: 996947
APN: 32-2S-20-33300-000-1330
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Ask me questions while you tour the home.