108 Don Bishop Road 19
Santa Rosa Beach, FL 32459
$944,900
Active
Description
Exceptional investment opportunity in the heart of Santa Rosa Beach! This fully leased quadplex offers a highly desirable unit mix of four spacious 3-bedroom, 2-bathroom floor plans--a rare configuration in this corridor that commands premium tenant demand and low vacancy.
Two of the four units have been completely renovated with modern finishes, setting a high benchmark for rental rates. The remaining units present a clear value-add pathway to bump future rents and maximize yield. Additional features include dedicated exterior storage areas on the side of the building for each unit, providing ideal space for tenant beach gear, bikes, and extra storage.
This property delivers immediate, predictable income from day one. Positioned just minutes from Highway 98, Gulf Place, local dining, and the white sand beaches of 30A, this multi-family asset is an outstanding addition to any portfolio.
Listing details MLS# 1009907
Location, Tax and Legal
- Area
- 16 - North Santa Rosa Beach
- Sub area
- 1604 - SRB North of 98 S. of Chat Holley Rd
- Subdivision
- Church Hill Bayou Santa Rosa Place
- County
- Walton
- Parcel ID
- 28-2S-20-33500-000-0190
- Tax year
- 2025
- Annual tax
- 3364.78
- Legal description
- LOT 19 SANTA ROSA PLACE APARTMENTS PB 15-36 OR 2491-348 OR 2644-1143 OR 2687-3872 OR 3065-2124 OR 3175-3599
General Property Info
- Property type
- Residential
- Year built
- 2005
- New construction
- No
- Condition
- Construction Complete
Interior
- Bedrooms
- 12
- Bathrooms
- 8
- Full baths
- 8
- Half baths
- 0
- Building area
- 4600
- Appliances
- Dryer, Refrigerator, Stove/Oven Electric, Washer
- Total rooms
- 14
Exterior and Site
- Construction
- Siding CmntFbrHrdBrd
- Roof
- Roof Metal
Utilities
- Utilities
- Electric, Public Water
- Sewer
- Public Sewer
Schools
- Elementary
- Van R Butler
- Middle school
- Emerald Coast
- High school
- South Walton
Association and Fees
- Association
- Yes
- Fee includes
- Accounting, Master Association
Remarks and Misc
- Directions
- From Hwy 98 turn North on Don Bishop Rd then right into Santa Rosa Place. The Quadplex is the last building on the end #19.