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    33A Dune Breeze Ln Santa Rosa Beach, FL 32459

    Sponsored
    For Sale
    $1,000,000

    MULTI_FAMILY - Other - Santa Rosa Beach, FL

    Property size:
    2,500 SF
    Days on Market:
    80
    Last Refresh:
    Jan 30 at 10:20 pm

    Property Features for 33A Dune Breeze Ln

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Window features
    Double Pane Windows, Window Treatments
    Zoning
    Resid Single Family
    Rooms
    Bedroom 2, Bathroom 3, Bathroom 4, Bedroom 4, Bedroom 3, Bedroom 1, Bathroom 1, Bathroom 2
    Bedrooms
    4
    Bathrooms
    4
    APN
    03-3S-20-34800-00H-0010
    Patio and Porch features
    Deck
    Interior features
    Breakfast Bar, Ceiling Crwn Molding, Kitchen Island, Washer/Dryer Hookup
    Exterior features
    Balcony, Hurricane Shutters, Shower
    Appliances
    Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven Continue Clean, Range Hood, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer, Water Heater - Elect
    Size
    2,500 SF

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Heat Pump (Heating), Central
    Cooling system
    Central Air

    Building Details

    Year built
    2002
    Floors in Building
    3
    Building materials
    Frame
    Architectural style
    Other

    We can help!

    Listing Contact
    Erin J Chekaoui

    Classic Luxury Real Estate, Llc (850) 660-1962

    Listing agent Erin J Chekaoui (850) 685-3572 License #627895

    Listing date Nov 12, 2025

    MLS# 981748 Listing URL

    Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Dune Breeze Villas Townhome

    Dune Breeze Villas is a townhome located on Oyster Lake in Dune Allen, offering convenient access to the West Allen Loop beach entrance, approximately 1/4 mile to public beach. The townhome features a unique layout with a first-floor suite including a kitchenette and private deck that can be locked out for privacy. The second floor includes a custom kitchen with white cabinetry and a large center island, along with an open living and dining area that flows to a covered balcony with views of the community pool, Oyster Lake, and the Gulf. A third guest bedroom with an ensuite bath is also located on the second floor. The third floor is dedicated to the primary suite, which includes a spa-inspired bathroom with a double vanity and walk-in shower. From the primary suite, there is access to another private covered balcony with views of the lake and Gulf. A fourth guest bedroom with a private bath is also on the third floor. The property has a one-car garage and driveway parking. Located near Scenic 30A, the property offers access to boutique shopping, dining, and coastal amenities. The property is approximately 2500 square feet and has never been rented. It is in excellent condition and has strong rental potential, making it suitable as a full-time residence.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Short term rental ...

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Hair Salon Clothing Store Nail Salon Gym & Fitness Pharmacy Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Santa Rosa Beach
    County
    Walton
    State
    Florida
    Longitude
    -86.245848
    Latitude
    30.354606

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    FAQs

    What type of property is this?
    Short term rental property - Spacious townhome with lake and Gulf views near 30A.
    Where is this short term rental property located?
    The property is located at 33A Dune Breeze Ln Santa Rosa Beach, FL.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: - Gulf views and proximity to the beach - less than 8-minute walk or 2-minute golf cart ride.; - Unique layout with a first-floor suite including kitchenette and private deck that can be locked off for privacy.; - Multiple balconies with views of the community pool, Oyster Lake, and the Gulf.
    (850) 685-3572
    Request Owner's contact information
    33A Dune Breeze Ln Santa Rosa Beach, FL 32459
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    Santa Rosa Beach, FL 32459
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    33A Dune Breeze Ln Santa Rosa Beach, FL 32459
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    We can help!
    Listing Contact
    Erin J Chekaoui
    Real Estate License ID: 627895
    (850) 685-3572
    Learn more
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