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$553,000
Lot 2 Bay Magnolia Lane
Santa Rosa Beach, FL 32459
MLS# 997990



Santa Rosa Lot-5 (Lot 2 outline)
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Santa Rosa Lot-5 (Lot 2 outline) Santa Rosa Lot-2 IMG_0263

Property Description
1 of 4 Lots available. Discover a rare opportunity to own a bayou-front homesite in the peaceful Santa Rosa Beach, located in the Rosestar Subdivision off Bay Magnolia Lane. This waterfront lot offers approximately 1.23 acres with boat slips allowed, making it ideal for boating, kayaking, fishing, and enjoying the coastal lifestyle right from your property. Located on a private road with no HOA, the property provides flexibility to design and build with fewer restrictions. CYou may build on the wetlands up to 40%, allowing flexibility for future development while maintaining the natural surroundings. The Development Order is currently being completed and is expected to be finished in early June 2026, making now an excellent time to secure the property before developmen

Details
Contract Info
Listing Board: Emerald Coast
List Price/Acre: 449593.5
List Date: 2026-03-14
List Price: $553,000
Location, Tax and Legal
Sub Area: 1902 - Pt Washington/N. of 98 W
Elementary School: Dune Lakes
Middle School: Emerald Coast
High School: South Walton
Legal Description: COM SW/COR OF SE1/4 OF NW1/4 SEC 29-2S-19W,N 02 DEG 10'09''E 1371.96 FT,S 74 DEG 06'41''E 294.08 FT,N 34 DEG 39'02''E 157.87 FT FOR POB,N 34 DEG 39' 02''E 150.65 FT TO W/LY ROW CEDAR STREET,S 54 DEG 08'49''E ALG ROW 346.16 FT TO SE/COR LT 1 BLK 4 MAGNOLIA S/D PB 2-52, N 09 DEG 16'17''E 34.84 FT TO SW BDRY LOT 12 BLK A STARKES UNREC,S 40 DEG 17'49''E 150.80 FT,DPRT SW BDRY N 49 DEG 42' 11''E 100.00
General Property Info
Sub-Type: Vacant Land
Acreage: 1.23
Listing Info, Tax & Legal
Is Subject Leased: No
Assessment Fees: No
New Buyer Fee: No
Last Taxes: 2783.09
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: No
Remarks & Misc
Remarks: 1 of 4 Lots available. Discover a rare opportunity to own a bayou-front homesite in the peaceful Santa Rosa Beach, located in the Rosestar Subdivision off Bay Magnolia Lane. This waterfront lot offers approximately 1.23 acres with boat slips allowed, making it ideal for boating, kayaking, fishing, and enjoying the coastal lifestyle right from your property. Located on a private road with no HOA, the property provides flexibility to design and build with fewer restrictions. CYou may build on the wetlands up to 40%, allowing flexibility for future development while maintaining the natural surroundings. The Development Order is currently being completed and is expected to be finished in early June 2026, making now an excellent time to secure the property before developmen
Waterfront
Bayou: 1
Waterfront Feet: 285
Waterview
Bayou: 1
Lot Features
Flood Insurance Req: 1
Irregular: 1
Survey Available: 1
Wetlands: 1
Within 1/2 Mile to Water: 1
Wooded: 1
Lot Access
Gravel/Oyster Shell: 1
Private Road: 1
Utilities
Lift Station: 1
Public Water: 1
Sewer Available: 1
Tap Fee Due: 1
Zoning
Resid Single Family: 1
Financing
Conventional: 1
FHA: 1
VA: 1
None
Current Price: $553,000
Status Change Info
Status: Active
Location Tax and Legal
Street #: Lot 2
Street Name: Bay Magnolia
Street Suffix: Lane
Area: 19 - Point Washington
State: FL
Zip Code: 32459
County: Walton
Project Name/Subdivision: BAY MAGNOLIA
Parcel ID: 29-2S-19-24000-004-0050
Property Features
Lot Access: Gravel/Oyster Shell; Private Road
Lot Features: Flood Insurance Req; Irregular; Survey Available; Wetlands; Within 1/2 Mile to Water; Wooded
Zoning: Resid Single Family
Waterfront: Bayou
Waterview: Bayou
Utilities: Lift Station; Public Water; Sewer Available; Tap Fee Due
Financing: Conventional; FHA; VA
Supplements
Is finalized. Whether you are looking to build your dream coastal home, a private retreat, or invest in future development, this bayou-front property offers excellent potential in Santa Rosa Beach. Can build up to 1700sqft per floor, 2 story max.

Listing Office: The Property Group 850 Inc

Last Updated: March - 26 - 2026

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.


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