153 Cedar Street is a custom-built luxury home crafted by a builder whose comparable new construction on Scenic Highway 30A sells between $3 million and $4 million. Here, just 10 minutes away, you get that same level of craftsmanship, finishes, and design -- at a fraction of the cost. Whether you are searching for a stunning primary residence, a luxury second home, or a property that earns while you are away, this is one of the most compelling values on Florida's Emerald Coast. The home generated approximately $80,000 in rental income from May through December 2025 and has already produced approximately $70,000 year-to-date in 2026 with peak summer bookings still ahead. For the buyer who wants their property to work as hard as they do, the income is already there. For the buyer who simply wants to live beautifully on the Emerald Coast, this home delivers that too. Spanning over 4,000 square feet in one of Santa Rosa Beach's most desirable bay-adjacent communities, the home sits just 10 minutes from Scenic Highway 30A and is walkable to local favorites including North Beach Social and Farm & Fire. A public boat launch just down the road offers direct access to Choctawhatchee Bay, putting you on the water in minutes. Soaring ceilings, expansive living spaces, and an abundance of natural light set the tone from the moment you walk in. The chef's kitchen anchors the open-concept main living area with Taj Mahal quartzite countertops, custom cabinetry, Café gas appliances, and