313 E Water Street, Inlet Beach

$3,950,000

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SOLD: Jul 28, 2023
4 Beds
4 Baths
2,850 Sqft
.09 Acre
0 Garage

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.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!

Essential Information

Status
Sold
MLS® #
902841
Sale Date
July 28th, 2023
Sale Price
$3,950,000
List Price
$4,199,000
Bedrooms
4
Bathrooms
4.00
Full Baths
4
Square Footage
2,850
Acres
0.09
Year Built
2000
Type
Residential
Sub-Type
Detached Single Family
Style
Beach House

Community Information

Address
313 E Water Street
Area
18 - 30A East
Subdivision
ROSEMARY BEACH
City
Inlet Beach
County
Walton
State
FL
Zip Code
32461

SubArea

1806 - South of 30 A East Beaches

Amenities

Amenities
Beach, Pool
Parking
Carport
Has Pool
Yes

Utilities

Electric, Gas - Natural, Public Sewer, Public Water, TV Cable, Underground

Pool

Pool - Heated, Pool - In-Ground, Private

Interior

Heating
Heat Cntrl Electric
Fireplace
Yes
Fireplaces
Fireplace
# of Stories
3

Interior Features

Fireplace, Floor Hardwood, Furnished - All

Cooling

AC - Central Elect, Ceiling Fans

Exterior Features

Balcony, BBQ Pit/Grill, Pool - Heated, Pool - In-Ground

School Information

Elementary
Dune Lakes
Middle
Emerald Coast
High
South Walton

Additional Information

Zoning
Resid Single Family
HOA Fees
1395.00
HOA Fees Freq.
Quarterly

Listing Details

Office
30A Escapes Realty

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Listing information last updated on May 4th, 2024 at 1:33am CDT.