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$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
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
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
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 Dimensions
Master BedroomFirst16.5 x 1116.5011.0016.5 x 11
BedroomFirst16.5 x 10.516.5010.5016.5 x 10.5
BedroomFirst19.5 x 1119.5011.0019.5 x 11
BedroomFirst11 x 10.511.0010.5011 x 10.5
Living RoomSecond24 x 16.524.0016.5024 x 16.5
KitchenSecond12.5 x 1212.5012.0012.5 x 12

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.


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