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For sale
  • Price cut: $26K (2/25)
    $649,000

    40 Flounder St, Santa Rosa Beach, FL 32459

    3beds
    832sqft
    : 
    Single Family Residence
    Built in 1967
    4,791.6 Square Feet Lot
    $628,800 Zestimate®
    $780/sqft
    $-- HOA

    What's special

    Updated lighting throughoutNew guttersPlenty of parkingMultiple shedsAmple outdoor livingTiki barIncredible outdoor space
    Fantastic one-of-a-kind Florida beach cottage located in the heart of Blue Mountain Beach in desirable Blue Gulf Resort, just a 1/2 mile to the beach & emerald green waters of the Gulf of Mexico! Brand new 'sea salt' paint throughout for a fresh coastal look. The newly added shiplap & wainscoting is a perfect craftsman touch. This home is located in the historic community of the ''Brickyard'' and features an EXTRA HALF LOT, which is rare. This ideal property is a one-level home with ample outdoor living & a prime location just off of 30A. Incredible outdoor space complete with a unique custom areas like a screened-in 'she shed' with metal roof, plentiful sitting areas, outdoor shower & bathroom, Tiki bar, playhouse, multiple sheds & even a jetted tub to unwind in after a day at the beach! Backyard is fenced with 2 side entrances with new wooden gates. The backyard is also fenced for privacy and can be accessed from the kitchen as well. This brick home has withstood the test of time with good bones and an updated metal roof, new gutters, new French drain added, and new wooden walkway at the front and side. Tropical landscaping surrounds the home lending a nice coastal feel and there is plenty of parking or room for a carport or additional decks, if desired. With the extra half lot, there is room to expand the home too, if desired, for more living space. Interior features tile floors throughout for easy maintenance for beach living. The living area has nice natural light with the large window at the entrance and there is updated lighting throughout and crown molding. Kitchen has an added island great for casual dining with a unique epoxy countertop reminiscent of the ocean. Cabinets were just painted white which aligns with the new shiplap & wainscoting. Kitchen also features stainless steel appliances (brand new fridge 2025) that convey, a custom metal backsplash and a charming dining nook by the large window allowing for good natural light. Original ceilings & wood paneling add to the "Old Florida" charm. The primary bedroom has enough room for a king bed and features an ensuite half bath with partially tiled walls, wood accent wall and a pedestal sink. There is a shared full bathroom with tiled shower and custom epoxy vanity and updated lighting. There are two guest bedrooms each with crown molding. Head to the backyard off the kitchen and enjoy plentiful areas to unwind and relax in. Back porch is covered with a metal roof along with the amazing screened-in "she shed," the perfect spot to relax and snuggle up with a good book. The extra half lot allows for fantastic outdoor living and entices you to take more time for outside enjoyment and that beach lifestyle everyone desires. The charm of the unique outdoor nooks truly cannot be replicated! This will make a great full time residence or second home as the community is laid back with no HOA fees. There is also great potential as a rental property as similar properties in the area have done as high as $100k in annual income! The vicinity to the beach and exceptional dining & entertainment options nearby makes this a prime investment and one of the best values for 30A overall. Blue Gulf Resort is a prime location in Blue Mountain close to many conveniences - bike path, For the Health of It market, Blue Mountian Bakery, Big Daddy's Bike Shop, McTighes, Cowgirl Kitchen, Mimmo's, Real + Raw, Gulf Place, and even Grayton Beach State Park in close vicinity. Access the beach just over 1/2 a mile away. The nearest public access is at the south end of Highway 83 with parking and restrooms but there is also an additional access across the street behind Redfish Circle that this community has an easement to access. Blue Mountain Beach is the highest elevation of Florida's Gulf Coast lending incredible views and beautiful natural dunes and wild flowers. Enjoy the great outdoors with the surrounding state parks, nature trials and the 22-mile bike & jogging path. Kayak or paddle board on one of the rare coastal dune lakes and experience a unique ecosystem that is only available to approximately 11 locations in the world! You are also close to the picturesque towns of Seaside, WaterColor and Rosemary Beach. Do not miss out on this incredible opportunity to own a historic updated 3-bedroom home in a prime location close the beach!
    119 days
    |
    1,898
    |
    72
    |

    Likely to sell faster than

    Zillow last checked: 7 hours ago

    Listing updated: February 25, 2026 at 11:37am

    Listed by:

    Abbott Martin Group 850-460-2900,

    EXP Realty LLC,

    Amanda Abbott 850-830-6273,

    EXP Realty LLC

    Source: ECAOR,MLS#: 989275MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Primary bedroom
    • Level: First
    • Area: 119.53 Square Feet
    • Dimensions: 12.16 x 9.83
    Bedroom
    • Level: First
    • Area: 105.75 Square Feet
    • Dimensions: 11.75 x 9
    Bedroom
    • Level: First
    • Area: 87.13 Square Feet
    • Dimensions: 10.25 x 8.5
    Kitchen
    • Level: First
    • Area: 116.18 Square Feet
    • Dimensions: 11.16 x 10.41
    Living room
    • Level: First
    • Area: 150.5 Square Feet
    • Dimensions: 14 x 10.75
    Heating
    • Central
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Washer, Electric Water Heater
    • Laundry: Washer/Dryer Hookup
    Features
    • Breakfast Bar, Crown Molding, Kitchen Island, Newly Painted, Walls Paneled, Walls Wainscoting
    • Flooring: Tile
    • Windows: Window Treatments
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 832
    • Total interior livable area: 832 sqft

    Property

    Features
    • Stories: 1
    • Patio & porch: Deck, Covered, Patio
    • Exterior features: Private Yard, Outdoor Shower
    Lot
    • Size: 4,791.6 Square Feet
    • Dimensions: 67 x 70
    • Features: Easements, Within 1/2 Mile to Water
    Details
    • Additional structures: Yard Building
    • Parcel number: 123S203403000O0060
    • Zoning description: Resid Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Florida Cottage
    • Property subtype: Single Family Residence
    Materials
    • Concrete, Brick, Wood Siding
    • Roof: Metal,Roof Pitched
    Condition
    • Construction Complete
    • New construction: No
    • Year built: 1967

    Utilities & green energy

    • Water: Public

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: BLUE GULF RESORT
    Location
    • Region: Santa Rosa Beach

    Financial & listing details

    • Price per square foot: $780/sqft
    • Tax assessed value: $543,844
    • Annual tax amount: $242
    • Date on market: 11/9/2025
    • Road surface type: Paved
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    Estimated market value

    $628,800

    $597,000 - $660,000

    $2,070/mo

    Price history

    Price history
    DateEventPrice
    2/25/2026Price change$649,000-3.9%$780/sqft
    Source: ECAOR #989275 Report a problem
    12/26/2025Price change$675,000-2.9%$811/sqft
    Source: ECAOR #989275 Report a problem
    11/9/2025Listed for sale$695,000-0.6%$835/sqft
    Source: ECAOR #989275 Report a problem
    9/2/2025Listing removed$699,000$840/sqft
    Source: CPAR #774507 Report a problem
    7/14/2025Price change$699,000-3.5%$840/sqft
    Source: ECAOR #977955 Report a problem
    6/4/2025Listed for sale$724,000-0.1%$870/sqft
    Source: ECAOR #977955 Report a problem
    6/2/2025Listing removed$725,000$871/sqft
    Source: ECAOR #961859 Report a problem
    2/8/2025Price change$725,000-3.3%$871/sqft
    Source: ECAOR #961859 Report a problem
    1/7/2025Price change$750,000-5.7%$901/sqft
    Source: ECAOR #961859 Report a problem
    10/27/2024Listed for sale$795,000$956/sqft
    Source: ECAOR #961859 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$242 -13%$63,759 +3%
    2023$278 +0.7%$61,902 +3%
    2022$276 -2.1%$60,099 +3%
    2021$282 -2.1%$58,349 +1.4%
    2020$288 +2.9%$57,543 +2.3%
    2019$280 $56,249 +1.9%
    2018$280 +1.5%$55,200 +2.1%
    2017$276 +2.6%$54,065 +2.1%
    2016$269 +1.1%$52,953 +2.2%
    2015$266 +0.7%$51,790 +0.8%
    2014$264 $51,379 +1.5%
    2013-- $50,620 +1.7%
    2012-- $49,774 +3%
    2011-- $48,324 +1.5%
    2010-- $47,610 +2.7%
    2009-- $46,358 +0.1%
    2008-- $46,312 +3%
    2007-- $44,963 +5.6%
    2005-- $42,588 +3%
    2004-- $41,348 +1.9%
    2003-- $40,577 +2.4%
    2002-- $39,626 +1.6%
    2001-- $39,002

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $3,595/mo
    Principal & interest
    $3092
    Property taxes
    $503

      Climate risks

      Neighborhood: 32459

      Getting around

      42 / 100
      Car-Dependent
      55 / 100
      Bikeable

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • Elementary: Van R Butler
      • 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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