$3,000,000
●
House -
Off Market
136 Silver Laurel Way
Santa Rosa Beach, FL 32459
5 Beds
3 Baths,
1
Half Bath
$20,091
Est. Monthly
$1,790
HOA / Fees
-0.40%
Cap Rate
About This Property
Phase 1 Remodel - A Coastal Retreat Steps from 30A and the
WaterColor Beach Club
Welcome to 136 Silver Laurel, an elegantly remodeled cottage ideally located in the heart of WaterColor. Just two blocks from the stunning Gulf-front WaterColor Beach Club and within walking distance to the vibrant towns of WaterColor and Seaside, this home combines charm with unmatched convenience.
With a design that encourages relaxation and togetherness, the open-concept layout is perfect for entertaining family and friends. The gourmet kitchen on the second floor features granite countertops, stainless steel appliances, and a breakfast bar that seamlessly connects to the inviting living and dining areas. The luxurious primary suite is also located on this level, offering a plush king-sized bedideal for unwinding after a day in WaterColor's coastal paradise.
Relax on the covered porch and soak in the Florida coastal charm, or take a bike ride to Seaside for shopping, dining, and entertainment.
Home Highlights:
Located in WaterColor's highly sought-after Park District
Only 2 blocks from the WaterColor Beach Club
Fully equipped gourmet kitchen
Spacious covered porch for outdoor enjoyment
Two dedicated parking spaces
Walkable to the beach, shopping, dining, and entertainment
WaterColor Community Highlights:
Voted the #1 Family Vacation Destination in the U.S.
Expansive 499-acre coastal resort and residential community
Bike-friendly streets and scenic trails
Award-winning tennis facilities
Dining options near the beach, pool, and lakeside
Close proximity to state parks and nature preserves
Four community swimming pools
Home Configuration & Sleeping Arrangements:
Sleeps 12 | 5 Bedrooms | 3.5 Baths
First Floor:
Guest Bedroom 1: King Bed, Private Bath (Shower/Tub Combo), Deck & Patio, Smart TV
Guest Bedroom 2: Queen Bed, Shared Bath (Shower), Deck & Patio, Smart TV
Guest Bedroom 3: Queen Bed, Shared Bath (Shower), Smart TV
Guest Bedroom 4: Bunk Room with Two Twin/Twin Bunks, Shared Bath (Shower), Smart TV
Second Floor:
Primary Suite: King Bed, Private Bath (Shower & Soaking Tub), Balcony, Smart TV
This home provides the perfect mix of modern upgrades and coastal charm for your next WaterColor getaway!
Welcome to 136 Silver Laurel, an elegantly remodeled cottage ideally located in the heart of WaterColor. Just two blocks from the stunning Gulf-front WaterColor Beach Club and within walking distance to the vibrant towns of WaterColor and Seaside, this home combines charm with unmatched convenience.
With a design that encourages relaxation and togetherness, the open-concept layout is perfect for entertaining family and friends. The gourmet kitchen on the second floor features granite countertops, stainless steel appliances, and a breakfast bar that seamlessly connects to the inviting living and dining areas. The luxurious primary suite is also located on this level, offering a plush king-sized bedideal for unwinding after a day in WaterColor's coastal paradise.
Relax on the covered porch and soak in the Florida coastal charm, or take a bike ride to Seaside for shopping, dining, and entertainment.
Home Highlights:
Located in WaterColor's highly sought-after Park District
Only 2 blocks from the WaterColor Beach Club
Fully equipped gourmet kitchen
Spacious covered porch for outdoor enjoyment
Two dedicated parking spaces
Walkable to the beach, shopping, dining, and entertainment
WaterColor Community Highlights:
Voted the #1 Family Vacation Destination in the U.S.
Expansive 499-acre coastal resort and residential community
Bike-friendly streets and scenic trails
Award-winning tennis facilities
Dining options near the beach, pool, and lakeside
Close proximity to state parks and nature preserves
Four community swimming pools
Home Configuration & Sleeping Arrangements:
Sleeps 12 | 5 Bedrooms | 3.5 Baths
First Floor:
Guest Bedroom 1: King Bed, Private Bath (Shower/Tub Combo), Deck & Patio, Smart TV
Guest Bedroom 2: Queen Bed, Shared Bath (Shower), Deck & Patio, Smart TV
Guest Bedroom 3: Queen Bed, Shared Bath (Shower), Smart TV
Guest Bedroom 4: Bunk Room with Two Twin/Twin Bunks, Shared Bath (Shower), Smart TV
Second Floor:
Primary Suite: King Bed, Private Bath (Shower & Soaking Tub), Balcony, Smart TV
This home provides the perfect mix of modern upgrades and coastal charm for your next WaterColor getaway!
Unit Size
-
Days on Market
93 days
Land Size
0.12 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,778
HOA Dues
$1,790
Year Built
2003
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (ECAR #955556)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 3, 2025 | Sold | ||
| Sold | |||
| Sep 20, 2025 | In contract | - | |
| In contract | |||
| Sep 9, 2025 | Price Decreased |
$3,365,000
↓ $4K
(0.1%) | |
| Price Decreased | |||
| Jul 26, 2025 | Price Decreased |
$3,369,000
↓ $26K
(0.8%) | |
| Price Decreased | |||
| Jul 10, 2025 | Price Decreased |
$3,395,000
↓ $4K
(0.1%) | |
| Price Decreased | |||
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Walton
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Listed by: Brad Reese, Douglas Elliman
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 955556
Last Updated: 2 years ago
Data Source: Emerald Coast MLS (ECAR), MLS# 955556
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