Rare Waterfront Lot for Sale in Forest Lakes | Build Your Dream Home on 30A, Florida. Opportunity knocks -- and it's sitting on the water. This is the lowest-priced waterfront lot in Forest Lakes, a coveted gated community in Santa Rosa Beach, FL, offering one of the last chances to build your custom dream home with forever lake views from a quiet cul-de-sac setting near Scenic Highway 30A. If you've been searching for waterfront lots for sale near 30A or the perfect buildable homesite in South Walton, this is the one worth stopping for. Imagine waking up every morning to the peaceful shimmer of the lake, surrounded by towering native pines and sprawling live oaks -- this is the kind of backdrop that simply can't be manufactured.