$5,850,000
NEW CONSTRUCTION

4228 E County Highway 30a Unit 5 Santa Rosa Beach, FL 32459

Seagrove Beach Neighborhood

Estimated payment $42,768/month

Total Views 14,348
5 Beds
5.5 Baths
3,688 Sq Ft
$1,586 Price per Sq Ft

Highlights

  • Waterfront Community
  • In Ground Pool
  • Beach House
  • Bay Elementary School Rated A-
  • Gulf View
  • Main Floor Primary Bedroom

About This Home

Experience the pinnacle of coastal living at Costera, where newly released residences redefine luxury on over 1.5 acres and 130' of prime Gulf frontage. Divided into two distinct phases, this exclusive enclave features a total of ten residences offering an intimate and serene environment while remaining prominently positioned on 30A.

Each residence has been designed to provide a refined and authentic coastal experience. With sweeping Gulf views and lush landscapes, every detail has been meticulously crafted to ensure an unparalleled living experience.

Spanning three levels, residence number five encompasses five-bedrooms in addition to a rooftop terrace with private pool showcasing uncompromising quality in fit, finish, and attention to detail. Architectural elegance and modern amenities are seamlessly integrated into the design, with interior spaces curated to perfection. From rich architectural embellishments to the latest in-technologies, every element has been carefully selected setting a new standard for well-appointed living.

The prime location and Gulf frontage coupled with impressive rental income potential make this a compelling opportunity for investors and full-time residents alike. Costera provides residents with heightened privacy while remaining geographically poised near all of the acclaimed dining and entertainment venues 30A has to offer including the newly opened Greenway Station town center. Inquire today to learn more and start envisioning the coastal lifestyle you deserve.

Listing Agent

Hilary Farnum-Fasth

Corcoran Reverie SRB License #662303 Listed on: 07/02/2024

Corcoran Reverie SRB

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $46,287

Year Built

  • Built in 2025 | Under Construction

HOA Fees

  • $6,602 Monthly HOA Fees

Parking

  • Covered Parking

Home Design

  • Beach House
  • Property Attached

Interior Spaces

  • 3,688 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Living Room
  • Dining Area
  • Gulf Views

Kitchen

  • <<microwave>>
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • In Ground Pool
  • Balcony
  • Terrace

Schools

  • Dune Lakes Elementary School
  • Emerald Coast Middle School
  • South Walton High School

Utilities

  • Multiple cooling system units
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 24-3S-19-25315-000-0070

Community Details

Overview

  • Association fees include accounting, ground keeping, legal
  • Costera Subdivision

Recreation

  • Waterfront Community

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$46,287

Year Built

Built in 2025 | Under Construction

Lot Details

0

HOA Fees

$6,602 per month

Listing Details

  • Property Sub Type: Attached Single Unit
  • Prop. Type: Residential
  • Subdivision Name: Costera
  • Directions: Traveling East on Highway 98, turn right onto Highway 395 and then left onto Scenic Highway 30A. Proceed straight for approx. 1.8 miles and Costera will be on the right. Unit one is located on the first floor of Gulf-front building.
  • Architectural Style: Beach House
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2025
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Energy:AC - Central Elect: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Appliances Microwave: Yes
  • Rooms:Balcony2: Yes
  • Rooms:Dining Area: Yes
  • Energy:AC - 2 or More: Yes
  • Rooms:Terrace: Yes
  • Special Features: NewHome
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator W/IceMk
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Interior Amenities: Elevator
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Interior:Elevator: Yes
  • Appliances:Refrigerator WIceMk: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Gulf
  • Exterior Features: Balcony, Pool - In-Ground
  • Property Condition: Under Construction
  • Exterior:Balcony: Yes
  • Construction Status:Under Construction: Yes
  • Exterior:Pool - In-Ground: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Covered
  • General Property Info:Garage2: Yes
  • Parking Features:Covered: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Electric, Public Sewer, Public Water

Condo/Co-op/Association

  • Community Features: Elevators, Pets Allowed, Waterfront
  • Association #2 Fee: 19806.18
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Legal

Schools

  • Elementary School: Dune Lakes
  • High School: South Walton
  • Middle Or Junior School: Emerald Coast

Lot Info

  • Parcel #: 24-3S-19-25315-000-0070
  • Zoning: Resid Multi-Family
  • ResoLotSizeUnits: Acres

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2024 $46,287 $11,086,705 $5,684,280 $5,402,425
2023 $46,287 $5,094,082 $3,383,500 $1,710,582
2022 $43,246 $4,666,464 $3,145,642 $1,520,822
2021 $32,908 $3,810,561 $2,678,293 $1,132,268
2020 $29,880 $3,252,088 $2,450,302 $801,786
2019 $27,615 $3,076,776 $2,289,386 $787,390
2018 $25,141 $2,782,139 $0 $0
2017 $21,757 $2,334,465 $1,780,872 $553,593
2016 $20,367 $2,196,526 $0 $0
2015 $17,724 $1,789,764 $0 $0
2014 $15,861 $1,538,528 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2024 07/02/24 For Sale $5,850,000 -- $1,586 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $15,000,000 None Listed On Document
Warranty Deed $2,562,500 None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Warranty Deed $625,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $7,500,000 No Value Available
Closed $7,500,000 New Conventional
Previous Owner $4,006,458 New Conventional
Previous Owner $350,000 Credit Line Revolving
Previous Owner $509,000 Purchase Money Mortgage
Source: Public Records

About the Listing Agent

Hilary Farnum-Fasth

Corcoran Reverie SRB

(448) 217-3428

Section Image

With nearly 30 years of experience, Hilary Farnum-Fasth is a recognized leader in luxury and new development real estate, setting the standard for excellence along 30A and beyond. Her deep market expertise, strategic foresight, and ability to bring high-end communities to life have made her an indispensable partner to developers, investors, and discerning buyers.

Hilary’s career began in new construction, where she played a pivotal role in the early development of WaterSound Beach

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Source: Emerald Coast Association of REALTORS®

MLS Number: 953726

Emerald Coast Association of REALTORS®

APN: 24-3S-19-25315-000-0070