32 E Park Place Avenue # 601
Inlet Beach, FL 32461
$1,999,999
Active
Description
Exactly one Gulf-view home with a private pool sits south of Highway 98 in Inlet Beach for under two million dollars. This is it. Tucked inside the gated Enclave at Inlet Beach -- fewer than twenty homes, one block from the Gulf of America and steps from Rosemary Beach -- this 3,108 sq ft turnkey residence offers 5 bedrooms, 5 baths, and sleeps 14 across three levels. A private elevator serves every floor, opening onto a chef's kitchen with quartz counters and pro-grade appliances, pine hardwood floors, and shiplap detailing. Step outside to a private heated pool and spa, outdoor kitchen, and Gulf views from multiple levels. The ground-floor suite offers direct pool access, ideal for multi-generational stays. Fully furnished and rental-ready from day one. Documented 2025 rental income of $101,672, with comparable units in this development achieving $110,000-$150,000 -- real, provable upside under active management. Ownership has proactively maintained the home, including a new elevator in 2025 and a completed $30,000 structural repair addressed in full during spring 2026, not deferred. A one-car garage and gated community add rare convenience here. The nearest comparable 5-bedroom Gulf-view listing is priced at $2,440,000, and larger comparables run well above that. At $1,999,999, this is not just competitively priced, it is the category. For a buyer who has done the homework, the math is immediate. See supplement for full rental performance and improvement history.
Listing details MLS# 1005333
Location, Tax and Legal
- Area
- 18 - 30A East
- Sub area
- 1806 - S of of 30A/East
- Subdivision
- ENCLAVE AT INLET BEACH
- County
- Walton
- Parcel ID
- 36-3S-18-16320-000-0150
- Tax year
- 2025
- Annual tax
- 16629.04
- Legal description
- LOT 15 ENCLAVE AT INLET BEACH PB 18-34 OR 2813-4827 OR 2865-3475 OR 2900-3068 OR 3017-4277 OR 3076-999 OR 3195-4274 OR 3221-1866
- Zoning
- Resid Multi-Family, Resid Single Family, See Remarks
General Property Info
- Property type
- Residential
- Year built
- 2009
- Acreage
- 0.04
- Lot size (sq ft)
- 1742.4
- Lot dimensions
- 20 X 93
- New construction
- No
- Condition
- Construction Complete
Interior
- Bedrooms
- 5
- Bathrooms
- 5
- Full baths
- 5
- Half baths
- 0
- Building area
- 3108
- Heating
- Central
- Cooling
- Ceiling Fans, Central Air
- Flooring
- Floor Hardwood
- Interior features
- Breakfast Bar, Ceiling Raised, Ceiling Tray/Cofferd, Elevator, Guest Quarters, Lighting Recessed, Owner's Closet, Pantry, Split Bedroom, Washer/Dryer Hookup, Woodwork Painted
- Appliances
- Auto Garage Door Opn, Dishwasher, Disposal, Dryer, Ice Machine, Microwave, Range Hood, Refrigerator, Security System, Smoke Detector, Stove/Oven Gas, Washer, Water Heater - Elect
- Total rooms
- 12
Exterior and Site
- Construction
- Stucco
- Roof
- Roof Metal
- Exterior features
- Balcony, BBQ Pit/Grill, Columns, Fenced Back Yard, Separate Living Area, Shower, Sprinkler System
- Patio and porch
- Deck Covered, Deck Open, Patio Covered, Patio Open, Porch
- Parking
- Garage
- Garage spaces
- 1
- Pool features
- Pool - Heated, Pool - In-Ground, Pool Type
- Fencing
- Fenced Lot-Part, Fenced Privacy
- View
- Gulf
- Road surface
- Paved
Utilities
- Utilities
- Electric, Public Water, TV Cable
Schools
- Elementary
- Bay
- Middle school
- Emerald Coast
- High school
- South Walton
Remarks and Misc
- Directions
- See Google Maps
