153 Cedar St, Point Washington, FL 32459

Property Description

Price improved by $50,000. Seller is offering $22,000 toward buyer's closing costs or rate buy-down points. Home is being sold unfurnished. Constructed by a builder whose comparable new homes on Scenic Highway 30A sell between $3 million and $4 million, 153 Cedar Street offers the same level of craftsmanship and finish approximately 10 minutes north of 30A, at a significantly lower price point. The property has a proven rental history, generating approximately $80,000 in rental income from May through December 2025, with approximately $113,896 booked year-to-date in 2026. The residence offers over 4,000 square feet a short walk from Choctawhatchee Bay, with bayfront dining at The Bay, North Beach Social and Farm & Fire just steps away. Thomas Pilcher Park, with four boat launches and sunset views, is minutes from the driveway, and the complimentary Seaside shuttle stops next door. Grayton Beach is approximately 10 minutes away, with Topsail Hill Preserve State Park, Santa Rosa Golf & Beach Club and Sandestin all within about 15 minutes. The first floor includes an office, formal dining room, open-concept great room with custom built-in shelving, half bath, laundry area, mud/sand room off the garage and a primary suite with en suite bath. The chef's kitchen features Taj Mahal quartzite countertops, custom cabinetry, a Café six-burner gas range and an oversized island. The second floor offers three bedrooms, two full baths, a large loft living area, a second full-size laundry and a true in-law suite with its own bedroom, en suite bath, full kitchen with six-burner gas range, dining area and living room. With living and laundry spaces on both floors, the layout offers complete privacy for long-term guests or a premium rental tier. A dedicated wine room and garage game area provide additional entertaining space. Outside, the screened patio opens to a heated and cooled pool and spa and a large pool deck, with a natural vegetation buffer for backyard privacy. The driveway includes a 9' x 50' RV and boat parking pad with 30- and 50-amp service, and only two small steps lead from the driveway into the home. Additional features include high-impact windows and doors, two Navien tankless water heaters with a recirculating loop, dual Electrolux washer and dryer sets and well-fed irrigation with underground drainage.