Investor Alert! Rare Grayton Beach opportunity! This Village Mixed Use zoned property in the heart of Grayton Beach offers unmatched potential for residential and/or commercial use. Whether you're looking to expand your portfolio or create a versatile live-work setup, this property is ready to deliver! There are two structures and a RV pad on site. The first building has (2) 2 bedrooms and 1 bath units. The second building is a charming two story unit with 1 bedroom and 1 bath. Close to state forest trails, shopping, restaurants and public beach shuttle! With zoning that allows for residential units and/or commercial use, the possibilities are endless - vacation rentals, boutique shops, offices, or a combination that maximizes income! Don't miss out of this unique property in Grayton!!
For sale
Price cut: $25K (1/18)
$970,000
135 Grayton Village Rd, Santa Rosa Beach, FL 32459
5beds
2,022sqft
Est.:
Single Family Residence
Built in 2001
6,534 Square Feet Lot
$-- Zestimate®
$480/sqft
$-- HOA
What's special
Charming two story unit
- 162 days |
- 1,279 |
- 17 |
Zillow last checked: 8 hours ago
Listing updated: January 18, 2026 at 07:04am
Listed by:
Shade S Butler 850-517-0177,
30A Local Real Estate
Source: ECAOR,MLS#: 985359
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Level: Second
- Area: 143 Square Feet
- Dimensions: 11 x 13
Bedroom
- Level: First
- Area: 120 Square Feet
- Dimensions: 10 x 12
Bedroom
- Level: Second
- Area: 120 Square Feet
- Dimensions: 10 x 12
Bedroom
- Level: Second
- Area: 110 Square Feet
- Dimensions: 10 x 11
Bathroom
- Level: First
- Area: 48 Square Feet
- Dimensions: 8 x 6
Kitchen
- Level: Second
- Area: 64 Square Feet
- Dimensions: 8 x 8
Living room
- Level: First
- Area: 143 Square Feet
- Dimensions: 11 x 13
Cooling
- Window Unit(s)
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,022
- Total interior livable area: 2,022 sqft
Property
Features
- Stories: 2
- Patio & porch: Patio, Porch
- Exterior features: Balcony
Lot
- Size: 6,534 Square Feet
- Dimensions: 45 x 130 +/-
Details
- Parcel number: 083S19251800000240
- Zoning description: Commercial, Resid Single Family
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Frame
- Roof: Metal
Condition
- Construction Complete
- New construction: No
- Year built: 2001
Utilities & green energy
- Water: Public
Community & HOA
Community
- Features: Short Term Rental - Allowed
- Subdivision: GRAYTON BEACH VILLAGE SQUARE
Location
- Region: Santa Rosa Beach
Financial & listing details
- Price per square foot: $480/sqft
- Tax assessed value: $674,816
- Annual tax amount: $4,025
- Date on market: 9/15/2025
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/18/2026 | Price change | $970,000-2.5%$480/sqft |
Source:  ECAOR #985359 Report a problem | ||
| 12/9/2025 | Price change | $995,000-2.5%$492/sqft |
Source: ECAOR #985359 Report a problem | ||
| 11/15/2025 | Price change | $1,020,000-4.7%$504/sqft |
Source: ECAOR #985359 Report a problem | ||
| 11/2/2025 | Price change | $1,070,000-4.5%$529/sqft |
Source: ECAOR #985359 Report a problem | ||
| 9/25/2025 | Price change | $1,120,000-4.3%$554/sqft |
Source: ECAOR #985359 Report a problem | ||
| 9/15/2025 | Listed for sale | $1,170,000+2%$579/sqft |
Source: ECAOR #985359 Report a problem | ||
| 7/26/2022 | Listing removed | -- |
Source:  TBR #346763 Report a problem | ||
| 6/26/2022 | Price change | $1,147,000+4.6%$567/sqft |
Source: TBR #346763 Report a problem | ||
| 6/13/2022 | Price change | $1,097,000-3.7%$543/sqft |
Source: TBR #346763 Report a problem | ||
| 6/8/2022 | Price change | $1,139,000-4.7%$563/sqft |
Source: TBR #346763 Report a problem | ||
| 5/30/2022 | Price change | $1,195,000-5.8%$591/sqft |
Source: TBR #346763 Report a problem | ||
| 5/24/2022 | Price change | $1,269,000-1.6%$628/sqft |
Source: TBR #346548 Report a problem | ||
| 5/18/2022 | Listed for sale | $1,290,000+2046.4%$638/sqft |
Source: TBR #346321 Report a problem | ||
| 6/21/2010 | Sold | $60,100-84%$30/sqft |
Source: Public Record Report a problem | ||
| 2/17/2005 | Sold | $375,000+971.4%$185/sqft |
Source: Public Record Report a problem | ||
| 3/26/2001 | Sold | $35,000$17/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,026 +2.5% | $233,577 +10% |
| 2023 | $3,929 +87.2% | $212,343 +10.1% |
| 2022 | $2,099 +23.7% | $192,812 +10% |
| 2021 | $1,697 +2.7% | $175,284 +5.9% |
| 2020 | $1,652 +2.6% | $165,470 +2.1% |
| 2019 | $1,610 | $162,141 +2.6% |
| 2018 | $1,610 +2.2% | $157,979 +0.3% |
| 2017 | $1,575 +0.9% | $157,511 -0.3% |
| 2016 | $1,561 -1.2% | $157,948 +1.9% |
| 2015 | $1,581 +0.3% | $155,018 -0.4% |
| 2014 | $1,576 | $155,702 -0.5% |
| 2013 | -- | $156,436 -1.4% |
| 2012 | -- | $158,646 -0.7% |
| 2011 | -- | $159,817 +14.1% |
| 2010 | -- | $140,088 -30% |
| 2009 | -- | $200,067 -25.1% |
| 2008 | -- | $267,008 -5.4% |
| 2007 | -- | $282,321 -14.1% |
| 2005 | -- | $328,786 +85.4% |
| 2004 | -- | $177,348 +9.4% |
| 2003 | -- | $162,108 +46.5% |
| 2002 | -- | $110,637 +391.7% |
| 2001 | -- | $22,500 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$5,300/mo
Principal & interest
$4548
Property taxes
$752
Climate risks
Neighborhood: 32459
Nearby schools
GreatSchools rating
- 10/10Bay Elementary SchoolGrades: K-5Distance: 5.3 mi
- 8/10Emerald Coast Middle SchoolGrades: 6-8Distance: 3.2 mi
- 8/10South Walton High SchoolGrades: 9-12Distance: 2.7 mi
Schools provided by the listing agent
- Elementary: Dune Lakes
- Middle: Emerald Coast
- High: South Walton
Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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