492 W Park Place Avenue, Inlet Beach, FL 32461 (MLS# 951282)


$5,250,000
492 W Park Place Avenue
Inlet Beach, FL 32461
MLS# 951282
Status: Sold
5 beds  |  5 baths  |  3136 sqft

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Property Description
This gulf-front home is all about location. It offers an excellent opportunity to rebuild or add on and create your own dream beach house. Occupying an almost quarter-acre lot, this exceptional five-bedroom property is nestled at the end of the street, boasting unrivaled privacy and seclusion. The emerald Gulf of Mexico laps the white sand just 50 feet from the driveway. With no HOA, there's ample space to dream big, expand, add a pool and carriage house, or even rebuild. The current floor plan includes two spacious open living spaces, one on each level. The second-floor living room has gleaming wood-look flooring and a wall of windows framing breathtaking beach and gulf views.

Details
Status Change Info
Sold Price/SqFt: 1674.11
Status: Sold
Under Contract Date: 2024-12-03
Sold Date: 2025-01-02
Sold Price: $5,250,000
Contract Info
Listing Board: Emerald Coast
List Price/SqFt: 1752.23
List Date: 2024-06-02
Current Price: $5,250,000
List Price: $5,495,000
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: BEGIN 7 FT E OF SW/COR OF LOT 181 FOR POB, E 73.43 FT, N 170 FT, W 80.43 FT, S 5 FT, E 7 FT, S 165 FT TO POB OR 776-19 OR 2818-3464 OR 3207-4323
General Property Info
Sub-Type: Detached Single Family
Design: Beach House
SqFt Source: County PA Records
Immediate Occupancy: Yes
Garage: Yes
Carport: Yes
Pool: No
Pool Type: None
Apx SqFt(Htd/Cooled): 3136
Bedrooms: 5
Full Baths: 4
Half Baths: 1
Total Bathrooms: 5
# Stories: 2
Year Built: 1981
Garage Spaces: 1
Acreage: 0.29
Listing Info, Tax & Legal
Homestead: No
Is Subject Leased: No
Assessment Fees: No
New Buyer Fee: No
Last Taxes: 29215.58
Last Tax Year: 2023
Brokerage Interest: No Interest
As Is: No
Remarks & Misc
Remarks: This gulf-front home is all about location. It offers an excellent opportunity to rebuild or add on and create your own dream beach house. Occupying an almost quarter-acre lot, this exceptional five-bedroom property is nestled at the end of the street, boasting unrivaled privacy and seclusion. The emerald Gulf of Mexico laps the white sand just 50 feet from the driveway. With no HOA, there's ample space to dream big, expand, add a pool and carriage house, or even rebuild. The current floor plan includes two spacious open living spaces, one on each level. The second-floor living room has gleaming wood-look flooring and a wall of windows framing breathtaking beach and gulf views.
Waterfront
Gulf: 1
Waterfront Feet: 78
Construction Status
Construction Complete: 1
Parking Features
Carport: 1
Garage: 1
Waterview
Gulf: 1
Lot/Parcel Access
Paved Road: 1
Lot Features
Dead End: 1
Within 1/2 Mile to Water: 1
Project Facilities
Fishing: 1
Pets Allowed: 1
Short Term Rental - Allowed: 1
Construction/Siding
Roof Metal: 1
Roof Shingle/Shake: 1
Utilities
Electric: 1
Public Water: 1
Septic Tank: 1
Tap Fee Paid: 1
Zoning
Resid Single Family: 1
Exterior
Deck Open: 1
Pavillion/Gazebo: 1
Porch: 1
Interior
Breakfast Bar: 1
Floor Tile: 1
Furnished - All: 1
Window Treatment All: 1
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Energy
AC - Central Elect: 1
Ceiling Fans: 1
Heat Cntrl Electric: 1
Water Heater - Elect: 1
Mstr Bdrm/Mstr Bath
MBath Tile: 1
Bedroom
First: 1
Second: 1
Kitchen
First: 1
Second: 1
Full Bathroom
First: 1
Rooms
Bedroom: 1
Full Bathroom: 1
Kitchen: 1
Laundry: 1
Location Tax and Legal
Area: 18 - 30A East
Street #: 492
Street Direction: W
Street Name: Park Place
Street Suffix: Avenue
State: FL
Zip Code: 32461
County: Walton
Project Name/Subdivision: INLET BEACH
Parcel ID: 36-3S-18-16100-000-1813
Property Features
Construction Status: Construction Complete
Lot Features: Dead End; Within 1/2 Mile to Water
Zoning: Resid Single Family
Waterfront: Gulf
Waterview: Gulf
Parking Features: Carport; Garage
Project Facilities: Fishing; Pets Allowed; Short Term Rental - Allowed
Exterior: Deck Open; Pavillion/Gazebo; Porch
Interior: Breakfast Bar; Floor Tile; Furnished - All; Window Treatment All
Appliances: Dishwasher; Disposal; Dryer; Microwave; Refrigerator; Washer
Utilities: Electric; Public Water; Septic Tank; Tap Fee Paid
Energy: AC - Central Elect; Ceiling Fans; Heat Cntrl Electric; Water Heater - Elect
Bedroom: First; Second
Kitchen: First; Second
Full Bathroom: First
Rooms: Bedroom; Full Bathroom; Kitchen; Laundry
Supplements
Both levels have fully equipped kitchens, light and airy bedrooms, and modern bathrooms, making the home ideal for multigenerational families or larger groups to share. There are plenty of quiet nooks for reading and there's a large laundry room with lots of additional storage. The expansive upper deck provides the ultimate gathering place with panoramic gulf views from sunrise to sunset. The large backyard and shaded gazebo are designed for entertaining, barbecues and alfresco living just steps from the waves. Rosemary Beach and Alys Beach offer endless dining, boutique shopping and live entertainment nearby while Camp Helen State Park provides access to nature and watersports on nearby Lake Powell, a rare coastal dune lake.
Room Information
Room Name Level Dimensions Length Width
KitchenFirst11 x 811.008.00
Full BathroomFirst8 x 78.007.00
BedroomFirst13 x 1213.0012.00
BedroomFirst16 x 1216.0012.00
LaundryFirst11 x 711.007.00
BedroomSecond13 x 1213.0012.00
KitchenSecond15 x 1115.0011.00

Listing Office: Scenic Sotheby's International Realty

Last Updated: January - 05 - 2025

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.


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