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32 E Park Place Avenue , # 601

Inlet Beach, FL 32461
  • $1,999,999
  • STATUS: Active
  • ON SITE: 64 Days
  • MLS #: 1005333
UPDATED: 199 min ago
$1,999,999
  • 5
    BEDS
  • 0.04
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 3,108
    SQFT
  • $644
    $/SQFT
Neighborhood:
Type:
Townhouse
Built:
2009
County:
Area:

School Information

Elementary School:
Bay
Middle School:
High School:

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. There is exactly one Gulf-view home with a private pool south of Highway 98 in Inlet Beach available for under two million dollars. This is it. 32 E Park Place Avenue, Unit 601 sits inside Enclave at Inlet Beach -- a small, gated community of fewer than twenty homes tucked one block from the Gulf of America, adjacent to Rosemary Beach and the best that Scenic 30A has to offer. The property is 3,108 square feet of turnkey coastal luxury, fully furnished, and ready to perform from day one. THE MARKET CONTEXT -- WHY THIS PRICE MATTERS Every comparable Gulf-view, pool home south of 98 in this corridor is listed between $2.4M and $10M+. The closest 5-bedroom competitor is priced at $2,440,000 -- and it's smaller. At $1,999,999, Unit 601 is not just competitively priced; it is the category. There is no other property in this market that delivers Gulf views, a private pool, five en-suite bedrooms, a full elevator, and a garage at this price point. RENTAL PERFORMANCE 2025 full-year documented gross rental revenue was $101,672, with comparable units in the same development achieving $110,000-$150,000 under more active management -- a gap that represents genuine upside for the next owner, not a liability. 2026 average daily rate is up 17.4% year over year ($612 vs. $521), and June and July 2026 are running at 100% adjusted occupancy, matching last year's peak summer performance. The 2026 calendar included a proactive, fully-completed $30,000 structural repair to the first-floor balcony header (49 nights, April 11-May 30), plus a short owner-use block over Spring Break -- ownership staying ahead of maintenance rather than deferring it. OWNERSHIP HAS INVESTED IN THIS HOME A new elevator was installed in 2025, following a documented history of proactive component-level maintenance dating back to 2021 -- HVAC systems, pool equipment, pavers, gate, and elevator hardware have all been addressed on an ongoing basis. This is a home that has been maintained ahead of problems, not around them. Link to Luxury Vacation Rental Website: https://www.30aluxuryvacations.com/vacationrentals/good-day-getaway

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© 2026 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX by the Sea. Vendor Member number: 28178. Data last updated: 2026-08-16T00:00:57.917.
Vendor Member #28178.
www.coastalsandsproperties.com/homes/177655205
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32 E Park Place Avenue , # 601 Inlet Beach, FL 32461

  • Price: $1,999,999
  • Status: Active
  • On Site: 64 Days
  • Updated: 199 min ago
  • MLS #: 1005333
5
Beds
5
Baths
0
½ Baths
0.04
Acres
3,108
SQFT
$644
$/SQFT
2009
Built
Neighborhood:
Enclave At Inlet Beach
County:
Walton
Area:
30A East
Elementary School:
Bay
Middle School:
Emerald Coast
High School:
South Walton
Property 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. There is exactly one Gulf-view home with a private pool south of Highway 98 in Inlet Beach available for under two million dollars. This is it. 32 E Park Place Avenue, Unit 601 sits inside Enclave at Inlet Beach -- a small, gated community of fewer than twenty homes tucked one block from the Gulf of America, adjacent to Rosemary Beach and the best that Scenic 30A has to offer. The property is 3,108 square feet of turnkey coastal luxury, fully furnished, and ready to perform from day one. THE MARKET CONTEXT -- WHY THIS PRICE MATTERS Every comparable Gulf-view, pool home south of 98 in this corridor is listed between $2.4M and $10M+. The closest 5-bedroom competitor is priced at $2,440,000 -- and it's smaller. At $1,999,999, Unit 601 is not just competitively priced; it is the category. There is no other property in this market that delivers Gulf views, a private pool, five en-suite bedrooms, a full elevator, and a garage at this price point. RENTAL PERFORMANCE 2025 full-year documented gross rental revenue was $101,672, with comparable units in the same development achieving $110,000-$150,000 under more active management -- a gap that represents genuine upside for the next owner, not a liability. 2026 average daily rate is up 17.4% year over year ($612 vs. $521), and June and July 2026 are running at 100% adjusted occupancy, matching last year's peak summer performance. The 2026 calendar included a proactive, fully-completed $30,000 structural repair to the first-floor balcony header (49 nights, April 11-May 30), plus a short owner-use block over Spring Break -- ownership staying ahead of maintenance rather than deferring it. OWNERSHIP HAS INVESTED IN THIS HOME A new elevator was installed in 2025, following a documented history of proactive component-level maintenance dating back to 2021 -- HVAC systems, pool equipment, pavers, gate, and elevator hardware have all been addressed on an ongoing basis. This is a home that has been maintained ahead of problems, not around them. Link to Luxury Vacation Rental Website: https://www.30aluxuryvacations.com/vacationrentals/good-day-getaway
Exterior Features

Architectural Style Beach House Attached Garage YN Yes Carport YN No Construction Materials Stucco Door Features [] Driveway Spaces 3 Exterior BBQ Pit/GrillBalconyColumnsDeck CoveredDeck OpenFenced Back YardFenced Lot-PartFenced PrivacyGuest QuartersPatio CoveredPatio OpenPool - HeatedPool - In-GroundPorchShowerSprinkler SystemSeparate Living Area Exterior Features Outdoor GrillBalconyColumnsPrivate YardOutdoor ShowerSprinkler SystemSeparate Living Area Foundation Details [] Garage YN Yes Parking Garage Door OpenerGarage Parking Features Garage AttachedGarage Parking Total 4 Patio And Porch Features Deck CoveredDeck OpenPatio CoveredPatio OpenPorch Pool Yes Pool Features HeatedIn Ground Roof Metal View Gulf Window Features Window Treatments

Interior Features

Appliance Info Auto Garage Door OpnDishwasherDisposalDryerIce MachineMicrowaveRange HoodRefrigeratorSecurity SystemSmoke DetectorStove/Oven GasWasher Appliances DishwasherDisposalDryerMicrowaveRange HoodRefrigeratorWasherElectric Water Heater Basement [] Bedroom Level Second Cooling Central AirCeiling Fan(s) Cooling YN Yes Fireplace Features [] Flooring Hardwood Full Bathroom Level First Furnished Furnished Heating CentralHeat High Efficiency Heating YN Yes Interior Breakfast BarCeiling RaisedCeiling Tray/CofferdFloor HardwoodFurnished - AllGuest QuartersLighting RecessedOwner's ClosetPantrySplit BedroomWasher/Dryer HookupWindow Treatment AllWoodwork PaintedElevator Interior Features Breakfast BarVaulted Ceiling(s)Tray Ceiling(s)In-Law FloorplanRecessed LightingOwner's ClosetPantrySplit BedroomWasher/Dryer HookupWoodwork PaintedElevator Kitchen Level FirstThird Master Bed Bath MBath Double VanityMBath Garden TubMBath HollywoodMBath Separate ShwrMBath TileMBath Walk-In ClosetMBed BalconyMBed CarpetedMBed Trey CeilingMBed Walk-in ClosetSee Remarks Master Bedroom Level SecondThird Rooms Full BathroomBedroomMaster BedroomBunk RoomDining AreaDining RoomFlorida RoomKitchenLaundryOffice Rooms Total 12

Property Features

Assessment Amount 200 Assessment Paid Monthly Association Fee Includes [] Buyer Financing [] Coastal Barrier Zone No Community Features GatedPets Allowed Energy AC - Central ElectAC - High EfficiencyAC - 2 or MoreCeiling FansHeat Cntrl ElectricHeat High EfficiencyWater Heater - ElectHeat - Two or MoreSee Remarks Farm Info See Remarks Fencing Fenced Lot-PartPrivacy Financing Conventional Green Energy Efficient [] Immediate Occupancy No Is Subject Leased No Lot Features Cul-De-SacDead EndLevelSee RemarksWithin 1/2 Mile to Water Lot Parcel Access Controlled AccessPaved RoadSee Remarks Lot Size Dimensions 20 X 93 New Construction YN No Other Equipment [] Other Structures Guest Quarters Property Condition Construction Complete Property Sub Type Townhouse Road Frontage Type [] Road Surface Type Paved Security Features Security SystemSmoke Detector(s) Special Listing Conditions [] Tax Annual Amount 16629.04 Tax Year 2025 Utilities [] Utility Info ElectricPublic WaterTV Cable Water Source Public Waterfront Features [] Zoning Resid Multi-FamilyResid Single FamilySee Remarks Zoning Info Resid Multi-FamilyResid Single FamilySee Remarks

Listing courtesy of RE/MAX Coastal Properties: 850-837-9900.



© 2026 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX by the Sea. Vendor Member number: 28178. Data last updated: 2026-08-16T00:00:57.917.
Vendor Member #28178.
 
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