198 E Water St

2,629 Sq. Ft.
$1,426 / Sq. Ft.
2,629
Sq. Ft.
$1,426
per Sq. Ft.

Description

Welcome home to this beautifully refreshed cottage and carriage house in the heart of Rosemary Beach, where timeless coastal charm meets effortless 30A living. Thoughtfully updated, the main residence features freshly painted interiors, brand-new countertops, refreshed appliances, and a bright, open-concept living and kitchen area designed for gathering with family and friends. Offering three bedrooms and three-and-a-half baths in the main cottage, along with a separate one-bedroom, one-bath carriage...Welcome home to this beautifully refreshed cottage and carriage house in the heart of Rosemary Beach, where timeless coastal charm meets effortless 30A living. Thoughtfully updated, the main residence features freshly painted interiors, brand-new countertops, refreshed appliances, and a bright, open-concept living and kitchen area designed for gathering with family and friends. Offering three bedrooms and three-and-a-half baths in the main cottage, along with a separate one-bedroom, one-bath carriage house, the property provides a versatile layout with plenty of space for family and guests. Step outside to your own private retreat, where a heated pool surrounded by lush tropical landscaping creates an inviting setting for relaxing afternoons, outdoor entertaining, and evenings after a day at the beach. Ideally located just moments from the beautiful beaches and emerald waters of the Gulf, along with Rosemary Beach's boutique shopping, acclaimed dining, and charming town center, this home places the best of the community right outside your door. Whether enjoyed as a second home, vacation retreat, or investment property, this refreshed Rosemary Beach cottage offers an exceptional opportunity to own and enjoy a special piece of one of 30A's most sought-after communities.
  1. Listed by Stephen M McGrath • Brokerage DRE #1038869 • Rosemary Beach Realty LLC
    P: (615)-594-4557 C: (615)-594-4557 mikem@rosemarybeachrealty.com

Property Details for 198 East Water Street

Zoning
Resid Single Family
Architectural Style
Beach House
Subdivision Name
ROSEMARY BEACH
LISTING UPDATED: 07/26/2026 11:16 AM

Property Details for 198 East Water Street

StatusActive
MLS #1008286
Days on Market3
Taxes$23,630 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Detached Single Family
Year Built2012
Lot Size0.06 AC / 2,613 SF
CountyWalton County

Location

Listing Courtesy of Rosemary Beach Realty LLC
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Building Information for 198 East Water Street

Stories3Year Built2012Building Size-Lot Size0.06 AC / 2,613 SF

Payment Calculator

$21,027 per month

30 year fixed, 6.55% Interest

Principal and Interest

$19,058

Property Taxes

$1,969

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 198 East Water Street

Summary
Location and General Information
  • Community Features: Short Term Rental - Allowed, Beach, Deed Access, Exercise Room, Fishing, Pets Allowed, Pool, Tennis, TV Cable, Waterfront
  • Directions: Heading East on Hwy 30, Turn Left onto E Water Street. Home Will be on the Left. Park in back of home On Trimingham Ln.
  • Road Frontage Type: Private Road
  • MLS Area Minor: 1804 - S. of 98 East of Camp Creek
  • MLS Area Major: 18 - 30A East
  • Latitude: 30.279984
  • Longitude: -86.013598
  • Location Tax and Legal:Sub Area: 1804 - S. of 98 East of Camp Creek
  • Location Tax and Legal:Elementary School: Dune Lakes
  • Location Tax and Legal:Middle School: Seaside
  • Location Tax and Legal:High School: South Walton
  • Location Tax and Legal:Legal Description: LOT 3 BLK 32 ROSEMARY BEACH PH 6 S/D PB 13-30 OR 2981-1904 OR 2868-2316 OR 2981-1904 OR 3169-2712
  • Project Facilities: Beach, Deed Access, Exercise Room, Fishing, Pets Allowed2, Pool2, Short Term Rental - Allowed, Tennis, TV Cable3, Waterfront
  • Garage: true
Taxes and HOA
  • Association Fee Includes: Accounting, Management, Master Association, Recreational Faclty, Security, Cable TV, Trash
  • Tax Legal Description: LOT 3 BLK 32 ROSEMARY BEACH PH 6 S/D PB 13-30 OR 2981-1904 OR 2868-2316 OR 2981-1904 OR 3169-2712
  • Parcel Number: 35-3S-18-16064-032-0030
  • Association Fee: $0
  • Association YN: Yes
  • Tax Annual Amount: $23,630
  • Listing Info Tax Legal:Last Taxes: $23,630
  • Listing Info Tax Legal:Last Tax Year: 2025.0
School Information
  • Elementary School: Dune Lakes
  • Middle Or Junior School: Seaside
  • High School: South Walton
Parking
  • Carport YN: Yes
  • Attached Garage YN: Yes
  • Parking Features: Covered
  • Carport Spaces: 1.0
  • Garage Spaces: 1.0
  • General Property Info:Carport Spaces: 1.0
  • General Property Info:Driveway Spaces: 2.0
  • Parking Features: Covered, Garage Attached
Property
Lot Information
  • Building Area Source: County PA Records
  • Lot Size Dimensions: 30X75
  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Size Units: Acres
  • Property Condition: Construction Complete
  • Other Structures: Guest Quarters
  • Lot Features: Interior, Within 1/2 Mile to Water
  • Building Area Total: 2629.0
  • Lot Size Square Feet: 2613.6
  • General Property Info:SqFt Source: County PA Records
  • LotParcel Access: Paved Road, Private Road
  • Lot Features: Interior, Within 12 Mile to Water
Property and Assessments
  • Road Surface Type: Paved
  • Tax Year: 2025.0
  • Floor Plans Count: 5.0
  • Property Type: Residential
  • Year Built: 2012.0
  • Property Sub Type: Detached Single Family
  • New Construction YN: No
  • General Property Info:Sub-Type: Detached Single Family
  • General Property Info:Design: Beach House
  • Construction Status: Construction Complete
  • Construction Siding: Block, Concrete
  • Occupancy Status: Vacation Rental
Utilities
  • Sewer: Public Sewer
  • Utilities: Electric, Gas - Natural, Public Water, Tap Fee Paid, TV Cable, Underground
  • Electric: True
  • Utilities: Electric, Gas - Natural, Public Sewer, Public Water, Tap Fee Paid, TV Cable, Underground
  • Energy: AC - 2 or More, AC - Central Elect, Ceiling Fans, Heat Cntrl Electric, Water Heater - Gas
Interior and Exterior Features
Exterior Features
  • Exterior Features: Rain Gutter, Balcony, BBQ Pit/Grill, Fenced Back Yard, Pool - Gunite Concrt
  • Construction Materials: Concrete, Block
  • Stories: 3.0
  • Pool Features: Pool - Heated, Pool Type
  • Patio And Porch Features: Patio Open, Porch Open
  • Fencing: Fenced Privacy
  • General Property Info:Pool: Yes
  • General Property Info:Pool Type: Private
  • Exterior: Balcony, BBQ PitGrill, Fenced Back Yard, Fenced Privacy, Guest Quarters, Patio Open, Pool - Gunite Concrt, Pool - Heated, Porch Open, Rain Gutter
Interior Features
  • Heating: Central
  • Cooling: Ceiling Fans, Central Air
  • Interior Features: Breakfast Bar, Built-In Bookcases, Ceiling Beamed, Ceiling Raised, Fireplace, Fireplace 2+, Guest Quarters, Kitchen Island, Lighting Recessed, Lighting Track, Owner's Closet, Shelving, Split Bedroom, Washer/Dryer Hookup, Wet Bar, Woodwork Painted
  • Fireplace Features: Fireplace Gas
  • Flooring: Floor Tile, Floor WW Carpet
  • Window Features: Window Treatment All
  • Room Type: Living Room, Kitchen, Master Bedroom, Master Bathroom, Bedroom, Separate Apartment
  • Rooms Total: 7.0
  • Bathrooms Total Integer: 5.0
  • Bathrooms Total Decimal: 4.5
  • Bathrooms Total Notational: 4.1
  • Cooling YN: Yes
  • Heating YN: Yes
  • Fireplace YN: Yes
  • Bedrooms Total: 4.0
  • Bathrooms Full: 4.0
  • Bathrooms Half: 1.0
  • Interior: Breakfast Bar, Built-In Bookcases, Ceiling Beamed, Ceiling Raised, Fireplace, Fireplace 2, Fireplace Gas, Floor Tile, Floor WW Carpet, Furnished - All, Guest Quarters2, Kitchen Island, Lighting Recessed, Lighting Track, Owner's Closet, Shelving, Split Bedroom, WasherDryer Hookup, Wet Bar, Window Treatment All, Woodwork Painted
  • Appliances: Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator WIceMk, Smoke Detector, StoveOven Gas, Washer, Wine Refrigerator
  • Furnished: Furnished - All
Room Information
Room 1
  • Room Type: Living Room
  • Room Level: First
  • Room Length: 16.0
  • Room Width: 22.0
  • Room Dimensions: 16 x 22
Room 2
  • Room Type: Kitchen
  • Room Level: First
  • Room Length: 14.0
  • Room Width: 15.0
  • Room Dimensions: 14 x 15
Room 3
  • Room Type: Master Bedroom
  • Room Level: Second
  • Room Length: 15.0
  • Room Width: 16.0
  • Room Dimensions: 15 x 16
Room 4
  • Room Type: Master Bathroom
  • Room Level: Second
  • Room Length: 8.0
  • Room Width: 16.0
  • Room Dimensions: 8 x 16
Room 5
  • Room Type: Bedroom
  • Room Level: Second
  • Room Length: 13.0
  • Room Width: 14.0
  • Room Dimensions: 13 x 14
Room 6
  • Room Type: Bedroom
  • Room Level: Third
  • Room Length: 13.0
  • Room Width: 13.0
  • Room Dimensions: 13 x 13
Room 7
  • Room Type: Separate Apartment
  • Room Level: Second
  • Room Length: 22.0
  • Room Dimensions: 22 x 22
Rental
Rent Information
  • Listing Info Tax Legal:Is Subject Leased: false

Property History for 198 East Water Street

DateEvent & SourcePriceAppreciation
Jul 23, 2026

Listed (Active)

ECAR #1008286

$3,749,500—
Aug 1, 2025

Expired

CPAR #764085

$3,750,000—
Aug 1, 2025

Expired

ECAR #960675

$3,750,000—
DateEvent & SourcePrice
07/23/2026

Listed (Active)

ECAR #1008286

$3,749,500
08/01/2025

Expired

CPAR #764085

$3,750,000
08/01/2025

Expired

ECAR #960675

$3,750,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 198 East Water Street

Taxable ValueLand$850,000Additions$1,765,230Total$2,615,230
Tax Record2024$25,391 ($2,116 / month)
Home Facts
Beds3Total Finished SqFt2,074 SqFtAbove Grade Finished SqFt2,074 SqFtStories3Lot Size2,483 SqFtStyleSingle Family ResidenceYear Built2012CountyWALTONAPN35-3S-18-16064-032-0030

Schools near 198 East Water Street

This home is within Walton.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 5 to 12
Rating
School
Distance
Dune Lakes Elementary School
PublicK to 5

Emerald Coast Middle School
Public6 to 8

South Walton High School
Public9 to 12

Seaside Neighborhood School
Charter5 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

198 East Water Street is a single family home for sale in Inlet Beach, FL 32461. This property was listed for sale on July 23, 2026 by Rosemary Beach Realty LLC, it's currently listed at $3,749,500. It has been on the market for a total of 3 days and was last sold on April 15, 2022. This listing's school district is Walton. Nearby schools include Dune Lakes Elementary School, Emerald Coast Middle School and South Walton High School. 198 East Water Street is a 4-bed, 5-bath, 2,629 sqft single family home built in 2012.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Rosemary Beach Realty LLC

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2026 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.