198 E Water Street, Inlet Beach, FL 32461 (MLS# 1008286)


$3,749,500
198 E Water Street
Inlet Beach, FL 32461
MLS# 1008286
4 beds  |  5 baths  |  2629 sqft


Front
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Open House (08/03/2026 - 3:00 pm - 5:00 pm)

Property Description
Welcome home to this beautifully refreshed cottage and carriage house in the heart of Rosemary Beach, where timeless coastal charm meets effortless 30A living. Thoughtfully updated, the main residence features freshly painted interiors, brand-new countertops, refreshed appliances, and a bright, open-concept living and kitchen area designed for gathering with family and friends. Offering three bedrooms and three-and-a-half baths in the main cottage, along with a separate one-bedroom, one-bath carriage house, the property provides a versatile layout with plenty of space for family and guests. Step outside to your own private retreat, where a heated pool surrounded by lush tropical landscaping creates an inviting setting for relaxing afternoons, outdoor entertaining, and evenings after a day at the beach. Ideally located just moments from the beautiful beaches and emerald waters of the Gulf, along with Rosemary Beach's boutique shopping, acclaimed dining, and charming town center, this home places the best of the community right outside your door. Whether enjoyed as a second home, vacation retreat, or investment property, this refreshed Rosemary Beach cottage offers an exceptional opportunity to own and enjoy a special piece of one of 30A's most sought-after communities.

Details
Documents
General Property Info
userdefined76: 4
Sub-Type: Detached Single Family
Design: Beach House
SqFt Source: County PA Records
Garage: Yes
Carport: Yes
Carport Spaces: 1
Driveway Spaces: 2
Pool: Yes
Pool Type: Private
Apx SqFt(Htd/Cooled): 2629
Bedrooms: 4
Full Baths: 4
Half Baths: 1
Total Bathrooms: 5
# Stories: 3
Year Built: 2012
Garage Spaces: 1
Acreage: 0.06
Contract Info
Listing Board: Emerald Coast
List Price/SqFt: 1426.21
List Date: 2026-07-23
Current Price: $3,749,500
List Price: $3,749,500
Location, Tax and Legal
Sub Area: 1804 - S. of 98 East of Camp Creek
Elementary School: Dune Lakes
Middle School: Seaside
High School: South Walton
Legal Description: LOT 3 BLK 32 ROSEMARY BEACH PH 6 S/D PB 13-30 OR 2981-1904 OR 2868-2316 OR 2981-1904 OR 3169-2712
Listing Info, Tax & Legal
Is Subject Leased: No
Assessment Fees: Yes
Assessment Amount: 1592
Annual Assessment Amount: 6368
Assessment Paid: Quarterly
New Buyer Fee: Yes
New Buyer Fee Amt: 0.5
New Buyer Fee Paid: %
Last Taxes: 23630.43
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: No
Remarks & Misc
Remarks: Welcome home to this beautifully refreshed cottage and carriage house in the heart of Rosemary Beach, where timeless coastal charm meets effortless 30A living. Thoughtfully updated, the main residence features freshly painted interiors, brand-new countertops, refreshed appliances, and a bright, open-concept living and kitchen area designed for gathering with family and friends. Offering three bedrooms and three-and-a-half baths in the main cottage, along with a separate one-bedroom, one-bath carriage house, the property provides a versatile layout with plenty of space for family and guests. Step outside to your own private retreat, where a heated pool surrounded by lush tropical landscaping creates an inviting setting for relaxing afternoons, outdoor entertaining, and evenings after a day at the beach. Ideally located just moments from the beautiful beaches and emerald waters of the Gulf, along with Rosemary Beach's boutique shopping, acclaimed dining, and charming town center, this home places the best of the community right outside your door. Whether enjoyed as a second home, vacation retreat, or investment property, this refreshed Rosemary Beach cottage offers an exceptional opportunity to own and enjoy a special piece of one of 30A's most sought-after communities.
Construction Status
Construction Complete: 1
Parking Features
Covered: 1
Garage Attached: 1
Lot/Parcel Access
Paved Road: 1
Private Road: 1
Lot Features
Interior: 1
Within 1/2 Mile to Water: 1
Project Facilities
Beach: 1
Deed Access: 1
Exercise Room: 1
Fishing: 1
Pets Allowed: 1
Pool: 1
Short Term Rental - Allowed: 1
Tennis: 1
TV Cable: 1
Waterfront: 1
Construction/Siding
Block: 1
Concrete: 1
Utilities
Electric: 1
Gas - Natural: 1
Public Sewer: 1
Public Water: 1
Tap Fee Paid: 1
TV Cable: 1
Underground: 1
Zoning
Resid Single Family: 1
Exterior
Balcony: 1
BBQ Pit/Grill: 1
Fenced Back Yard: 1
Fenced Privacy: 1
Guest Quarters: 1
Patio Open: 1
Pool - Gunite Concrt: 1
Pool - Heated: 1
Porch Open: 1
Rain Gutter: 1
Interior
Breakfast Bar: 1
Built-In Bookcases: 1
Ceiling Beamed: 1
Ceiling Raised: 1
Fireplace: 1
Fireplace 2+: 1
Fireplace Gas: 1
Floor Tile: 1
Floor WW Carpet: 1
Furnished - All: 1
Guest Quarters: 1
Kitchen Island: 1
Lighting Recessed: 1
Lighting Track: 1
Owner's Closet: 1
Shelving: 1
Split Bedroom: 1
Washer/Dryer Hookup: 1
Wet Bar: 1
Window Treatment All: 1
Woodwork Painted: 1
Financing
Conventional: 1
Other: 1
Appliances
Auto Garage Door Opn: 1
Cooktop: 1
Dishwasher: 1
Disposal: 1
Dryer: 1
Microwave: 1
Oven Self Cleaning: 1
Refrigerator W/IceMk: 1
Smoke Detector: 1
Stove/Oven Gas: 1
Washer: 1
Wine Refrigerator: 1
Energy
AC - 2 or More: 1
AC - Central Elect: 1
Ceiling Fans: 1
Heat Cntrl Electric: 1
Water Heater - Gas: 1
Mstr Bdrm/Mstr Bath
MBath Double Vanity: 1
MBath Garden Tub: 1
MBath Separate Shwr: 1
MBath Tile: 1
MBath Walk-In Closet: 1
MBed Fireplace: 1
Master Bedroom
Second: 1
Bedroom
Second: 1
Third: 1
Kitchen
First: 1
Living Room
First: 1
Rooms
Bedroom: 1
Kitchen: 1
Living Room: 1
Master Bathroom: 1
Master Bedroom: 1
Separate Apartment: 1
Fees Include
Accounting: 1
Management: 1
Master Association: 1
Recreational Faclty: 1
Security: 1
Trash: 1
TV Cable: 1
Status Change Info
Status: Active
Location Tax and Legal
Area: 18 - 30A East
Street #: 198
Street Direction: E
Street Name: Water
Street Suffix: Street
State: FL
Zip Code: 32461
County: Walton
Project Name/Subdivision: ROSEMARY BEACH
Parcel ID: 35-3S-18-16064-032-0030
Property Features
Construction Status: Construction Complete
Lot Features: Interior; Within 1/2 Mile to Water
Zoning: Resid Single Family
Parking Features: Covered; Garage Attached
Project Facilities: Beach; Deed Access; Exercise Room; Fishing; Pets Allowed; Pool; Short Term Rental - Allowed; Tennis; TV Cable; Waterfront
Exterior: Balcony; BBQ Pit/Grill; Fenced Back Yard; Fenced Privacy; Guest Quarters; Patio Open; Pool - Gunite Concrt; Pool - Heated; Porch Open; Rain Gutter
Interior: Breakfast Bar; Built-In Bookcases; Ceiling Beamed; Ceiling Raised; Fireplace; Fireplace 2+; Fireplace Gas; Floor Tile; Floor WW Carpet; Furnished - All; Guest Quarters; Kitchen Island; Lighting Recessed; Lighting Track; Owner's Closet; Shelving; Split Bedroom; Washer/Dryer Hookup; Wet Bar; Window Treatment All; Woodwork Painted
Appliances: Auto Garage Door Opn; Cooktop; Dishwasher; Disposal; Dryer; Microwave; Oven Self Cleaning; Refrigerator W/IceMk; Smoke Detector; Stove/Oven Gas; Washer; Wine Refrigerator
Utilities: Electric; Gas - Natural; Public Sewer; Public Water; Tap Fee Paid; TV Cable; Underground
Energy: AC - 2 or More; AC - Central Elect; Ceiling Fans; Heat Cntrl Electric; Water Heater - Gas
Master Bedroom: Second
Bedroom: Second; Third
Kitchen: First
Living Room: First
Rooms: Bedroom; Kitchen; Living Room; Master Bathroom; Master Bedroom; Separate Apartment
Financing: Conventional; Other
Fees Include: Accounting; Management; Master Association; Recreational Faclty; Security; Trash; TV Cable
Room Information
Room Name Level Dimensions Length Width
Living RoomFirst16 x 2216.0022.00
KitchenFirst14 x 1514.0015.00
Master BedroomSecond15 x 1615.0016.00
Master BathroomSecond8 x 168.0016.00
BedroomSecond13 x 1413.0014.00
BedroomThird13 x 1313.0013.00
Separate ApartmentSecond22 x 2222.0022.00

Listing Office: Rosemary Beach Realty LLC

Last Updated: July - 29 - 2026

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.