313 E Water Street, Inlet Beach, FL 32461 (MLS# 902841)


$3,950,000
313 E Water Street
Inlet Beach, FL 32461
MLS# 902841
Status: Sold
4 beds  |  4 baths  |  2850 sqft


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Property Description
Producing over $250K in actual rental income for 2022 & with over $192K YTD for 2023, 313 East Water Street is a top rental investment property in Rosemary Beach. Located on south side of 30A, this stunning four bedroom home is an entertainer's dream with a private heated pool, hot tub & GULF VIEWS! By the pool, there is a complete outdoor kitchen with a built-in gas grill, granite countertops, ice maker & mini-fridge. And there is a large outdoor fireplace, an amazing luxury for the colder, off-season months. The interior architecture delivers an iconic design. Gorgeous beams are placed throughout delivering the West Indies architecture Rosemary Beach is originally known for.

Details
General Property Info
Sub-Type: Detached Single Family
Design: Beach House
SqFt Source: County PA Records
Garage: No
Carport: Yes
Carport Spaces: 2
Pool: Yes
Pool Type: Private
Apx SqFt(Htd/Cooled): 2850
Bedrooms: 4
Full Baths: 4
Total Bathrooms: 4
# Stories: 3
Year Built: 2000
Acreage: 0.09
Status Change Info
Sold Price/SqFt: 1385.96
Status: Sold
Under Contract Date: 2023-06-16
Sold Date: 2023-07-28
Sold Price: $3,950,000
Contract Info
Listing Board: Emerald Coast
List Price/SqFt: 1473.33
List Date: 2022-07-05
Current Price: $3,950,000
List Price: $4,199,000
Location, Tax and Legal
Sub Area: 1806 - S of of 30A/East
Elementary School: Dune Lakes
Middle School: Emerald Coast
High School: South Walton
Legal Description: LOT 2 BLK 11 ROSEMARY BEACH PH 1 PB 12-5 OR 1499-177 OR 2745-3944 OR 2805-4622 OR 2812-2111 OR 2812-2108 OR 2904-1843 OR 3152-2228 OR 3204-4402
Listing Info, Tax & Legal
Is Subject Leased: No
Assessment Fees: Yes
Assessment Amount: 1395
Annual Assessment Amount: 5580
Assessment Paid: Quarterly
New Buyer Fee: Yes
New Buyer Fee Amt: 0.5
New Buyer Fee Paid: %
Last Taxes: 19455.33
Last Tax Year: 2021
Brokerage Interest: No Interest
As Is: No
Remarks & Misc
Remarks: Producing over $250K in actual rental income for 2022 & with over $192K YTD for 2023, 313 East Water Street is a top rental investment property in Rosemary Beach. Located on south side of 30A, this stunning four bedroom home is an entertainer's dream with a private heated pool, hot tub & GULF VIEWS! By the pool, there is a complete outdoor kitchen with a built-in gas grill, granite countertops, ice maker & mini-fridge. And there is a large outdoor fireplace, an amazing luxury for the colder, off-season months. The interior architecture delivers an iconic design. Gorgeous beams are placed throughout delivering the West Indies architecture Rosemary Beach is originally known for.
Construction Status
Construction Complete: 1
Parking Features
Carport: 1
Waterview
Gulf: 1
Project Facilities
Beach: 1
Pool: 1
Utilities
Electric: 1
Gas - Natural: 1
Public Sewer: 1
Public Water: 1
TV Cable: 1
Underground: 1
Zoning
Resid Single Family: 1
Exterior
Balcony: 1
BBQ Pit/Grill: 1
Pool - Heated: 1
Pool - In-Ground: 1
Interior
Fireplace: 1
Floor Hardwood: 1
Furnished - All: 1
Energy
AC - Central Elect: 1
Ceiling Fans: 1
Heat Cntrl Electric: 1
Water Heater - Elect: 1
Master Bedroom
First: 1
Bedroom
First: 1
Kitchen
Second: 1
Living Room
Second: 1
Rooms
Bedroom: 1
Kitchen: 1
Living Room: 1
Master Bedroom: 1
Fees Include
Accounting: 1
Ground Keeping: 1
Management: 1
Master Association: 1
Recreational Faclty: 1
Security: 1
Location Tax and Legal
Area: 18 - 30A East
Street #: 313
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-18-16060-011-0020
Property Features
Construction Status: Construction Complete
Zoning: Resid Single Family
Waterview: Gulf
Parking Features: Carport
Project Facilities: Beach; Pool
Exterior: Balcony; BBQ Pit/Grill; Pool - Heated; Pool - In-Ground
Interior: Fireplace; Floor Hardwood; Furnished - All
Utilities: Electric; Gas - Natural; Public Sewer; Public Water; TV Cable; Underground
Energy: AC - Central Elect; Ceiling Fans; Heat Cntrl Electric; Water Heater - Elect
Master Bedroom: First
Bedroom: First
Kitchen: Second
Living Room: Second
Rooms: Bedroom; Kitchen; Living Room; Master Bedroom
Fees Include: Accounting; Ground Keeping; Management; Master Association; Recreational Faclty; Security
Supplements
A lovely, wood-burning fireplace is located in the center of the living room. And beyond this space, there is a long balcony overlooking East Water Street. The second level features the kitchen, formal dining space, a full bathroom & an office area. The top floor game room is unforgettable with 4 built in twin beds, a retro arcade system & a foosball table. A big-screen TV is situated perfectly to keep everyone entertained. The top floor balcony delivers GULF VIEWS & a rooftop view of Rosemary Beach. The property is offered fully-furnished & turnkey as a top-producing rental investment property. Rental projections are at $284,000 for 2023. A carriage house has been approved by the HOA!
Room Information
Room Name Level Dimensions Length Width
Master BedroomFirst16.5 x 1116.5011.00
BedroomFirst16.5 x 10.516.5010.50
BedroomFirst19.5 x 1119.5011.00
BedroomFirst11 x 10.511.0010.50
Living RoomSecond24 x 16.524.0016.50
KitchenSecond12.5 x 1212.5012.00

Listing Office: 30A Homes Sales

Last Updated: October - 26 - 2024

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.