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Short Term Rental Property with Screened Porch
New
For Sale
$249,900

34 Blenheim Lane, Santa Rosa Beach, FL 32459

MULTI_FAMILY - Other - Santa Rosa Beach, FL

Property Size1,000 SF
Lot Size0.06 Acres
Price / SF$249.90
Days on Market3

Property Features for 34 Blenheim Lane

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Resid Multi-Family
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bathroom 2, Bathroom 1, Bedroom 2
Parking 2
Patio and Porch features Porch
Interior features Breakfast Bar, Washer/Dryer Hookup
Exterior features Fenced Back Yard
Fencing Back Yard, Privacy
Appliances Microwave, Refrigerator, Stove/Oven Electric, Water Heater - Elect
Subdivision WINSTON MANOR T/H
Lot features Covenants, Interior, Restrictions
Elementary school Van R Butler
Middle school Emerald Coast
High school South Walton
Directions From Hwy 98 Turn north at the new OTTOs carwash - Don Bishop Road
Standard status Active
APN 29-2S-20-33020-000-0140
Size 1,000 SF
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description UNIT 14 WINSTON MANOR I TOWNHOMES & 1/16 INT IN COMMON ELEMENTS AS RECD IN OR 346-408 PB 6-45 OR 1517-295 OR 2007-57 OR 2263-263 OR 2684-1186 OR 2879-3965 OR 3057-2329
Tax Annual Amount 853
HOA Fee $50 Annually
Legal Description UNIT 14 WINSTON MANOR I TOWNHOMES & 1/16 INT IN COMMON ELEMENTS AS RECD IN OR 346-408 PB 6-45 OR 1517-295 OR 2007-57 OR 2263-263 OR 2684-1186 OR 2879-3965 OR 3057-2329

Utilities

Sewer type Septic Tank
Heating system Central
Cooling system Central Air

Amenities

screened-in porch
storage shed
private backyard

Building Details

Year built 1984
Floors in Building 1
Flooring type Carpet, Tile
Building materials Frame, Siding Vinyl
Architectural style Other
Listing Agency: Coldwell Banker Realty · Coldwell Banker Real Estate
Listed By: Bonnie S Hall · License #3067001
Added: Jul 30 Last Checked: Aug 1 at 2:06AM
MLS# 1008849

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.

Investment Insights

Based on property information with market context.

This beautifully maintained single-story townhome offers flexible use for short- and long-term rentals permitted per association guidelines. The interior includes a functional kitchen with ample cabinet space, an open living area, and a spacious primary suite with two closets and a separate sitting area that can support a home office, reading nook, nursery, or fitness space. A standout feature is the large screened-in porch overlooking a private, fenced backyard, with additional outdoor storage provided by a storage shed.

Set in a quiet, well-maintained community, the home is located in the heart of Santa Rosa Beach, just minutes from Scenic Highway 30A and approximately three miles from the Gulf’s sugar-white beaches. Nearby access includes shopping, dining, Grand Boulevard, biking paths, and outdoor recreation.

Key practical details include central heating and central air, tile and carpet flooring, washer/dryer hookup, and a septic tank. The roof and HVAC are both about 5 years old, and the home was built in 1984.

Key Highlights

  • Large screened‑in porch overlooking a private fenced backyard
  • Single‑story townhome with flexible short- and long‑term rental permission per association guidelines
  • 0.06‑acre lot

Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $24.0k $24.00
− Vacancy −$3.9k −$3.86
EGI $20.1k $20.14
− OpEx −$9.1k −$9.06
NOI $11.1k $11.07
1,000 SF · lease $24.00/SF/yr · vacancy 16.10% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$158.2K
$138.4K – $184.6K (±1% cap)
NOI $11,075 @ 7.0% cap · market cap 4.43%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$251.5K
$220.1K – $293.4K (±1% cap)
NOI $17,604 @ 7.0% cap · market cap 7.04%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Law Firm Spa & Massage Center (Bike/Boat/Book/etc) Store Locksmith HVAC Service Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

205
Businesses Nearby

Demographics for 32459, FL

20,567
Population
17,700
Households
1.2
Avg Household Size
43
Median Age
48%
College-Educated
96%
High-School Grad
54.5 sq mi
ZIP Area
377
Density / Sq Mi
$101,067
Median Household Income
$53,393
Median Earnings
$2,165
Median Rent
$613,100
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Short term rental property - Well-maintained single-story townhome with a screened porch and fenced, private backyard in Santa Rosa Beach.
Where is this short term rental property located?
The property is located at 34 Blenheim Lane Santa Rosa Beach, FL.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Large screened‑in porch overlooking a private fenced backyard; Single‑story townhome with flexible short- and long‑term rental permission per association guidelines; 0.06‑acre lot
More about this property
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