313 East Water Street

Sold 7/28/23
Sold 7/28/23
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Sold
Last Sold Price
$3,950,000
4 beds2,850 sqft

313 E Water St, Inlet Beach, FL 32461

Single FamilyProperty Type
0.09 acresLot Size
2000Year Built
$1,386/sq ftPrice per sq ft
$1,395 / quarterHOA Fees
2 carsParking Spaces

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...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!
  • Listed by: The Dixon Team 850.468.0215 Dixonteam@30ahomesales.com Brokerage DRE #1053234 • 30A Homes Sales
Listing closed: 07/28/2023 12:00 AM • Source: ECAR, MLS#: 902841
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$23,174 per month

30 year fixed, 7.03% Interest

Principal and Interest

$21,087

Property Taxes

$1,621

HOA Dues

$465

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Property Information for 313 East Water Street

Property Details

  • Taxes: $19,455 / year
  • MLS Type: Residential / Detached Single Family
  • County: Walton County
  • View: Gulf
  • Zoning: Resid Single Family
  • Architectural Style: Beach House
  • Subdivision Name: ROSEMARY BEACH

Building Information

  • Stories: 3
  • Year Built: 2000
  • Lot Size: 0.09 AC / 3,920 SF

Summary

Location and General Information
  • Community Features: Beach, Pool
  • Directions: From 30A turn south on E Water St. House is on left.
  • MLS Area Minor: 1806 - S of of 30A/East
  • MLS Area Major: 18 - 30A East
  • Latitude: 30.278323
  • Longitude: -86.014224
  • Location Tax and Legal:Sub Area: 1806 - S of of 30A/East
  • Location Tax and Legal:Elementary School: Dune Lakes
  • Location Tax and Legal:Middle School: Emerald Coast
  • Location Tax and Legal:High School: South Walton
  • Location Tax and Legal: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
  • Project Facilities: Beach, Pool2
Taxes and HOA
  • Association Fee Frequency: Quarterly
  • Association Fee Includes: Accounting, Ground Keeping, Management, Master Association, Recreational Faclty, Security
  • Association Fee2: $1,395
  • Tax 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
  • Parcel Number: 35-3S-18-16060-011-0020
  • Association Fee: $0
  • Association YN: Yes
  • Tax Annual Amount: $19,455
  • Listing Info Tax Legal:Last Taxes: $19,455
  • Listing Info Tax Legal:Last Tax Year: 2021.0
School Information
  • Elementary School: Dune Lakes
  • Middle Or Junior School: Emerald Coast
  • High School: South Walton
Parking
  • Carport YN: Yes
  • Attached Garage YN: No
  • Parking Features: Carport
  • Carport Spaces: 2.0
  • General Property Info:Carport Spaces: 2.0
  • Parking Features: Carport3

Property

Lot Information
  • Building Area Source: County PA Records
  • Lot Size Dimensions: 85x48
  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Units: Acres
  • Property Condition: Construction Complete
  • Building Area Total: 2850.0
  • Lot Size Square Feet: 3920.4
  • General Property Info:SqFt Source: County PA Records
  • Waterview: Gulf2
Property and Assessments
  • Tax Year: 2021.0
  • Floor Plans Count: 0.0
  • Property Type: Residential
  • Year Built: 2000.0
  • 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
  • Occupancy Status: Vacation Rental
Utilities
  • Utilities: Electric, Gas - Natural, Public Sewer, Public Water, TV Cable, Underground
  • Electric: True
  • Utilities: Electric, Gas - Natural, Public Sewer, Public Water, TV Cable, Underground
  • Energy: AC - Central Elect, Ceiling Fans, Heat Cntrl Electric, Water Heater - Elect

Interior and Exterior Features

Exterior Features
  • Exterior Features: Balcony, BBQ Pit/Grill, Pool - Heated, Pool - In-Ground
  • Stories: 3.0
  • Pool Features: Pool Type
  • General Property Info:Pool: Yes
  • General Property Info:Pool Type: Private
  • Exterior: Balcony, BBQ PitGrill, Pool - Heated, Pool - In-Ground
Interior Features
  • Heating: Central
  • Cooling: Ceiling Fan(s), Central Air
  • Interior Features: Fireplace, Floor Hardwood, Furnished - All
  • Room Type: Master Bedroom, Bedroom, Living Room, Kitchen
  • Rooms Total: 6.0
  • Bathrooms Total Integer: 4.0
  • Bathrooms Total Decimal: 4.0
  • Bathrooms Total Notational: 4.0
  • Cooling YN: Yes
  • Heating YN: Yes
  • Bedrooms Total: 4.0
  • Bathrooms Full: 4.0
  • Bathrooms Half: 0.0
  • Interior: Fireplace, Floor Hardwood, Furnished - All

Room Information

Room 1
  • Room Type: Master Bedroom
  • Room Level: First
  • Room Length: 16.5
  • Room Width: 11.0
  • Room Dimensions: 16.5 x 11
Room 2
  • Room Type: Bedroom
  • Room Level: First
  • Room Length: 16.5
  • Room Width: 10.5
  • Room Dimensions: 16.5 x 10.5
Room 3
  • Room Type: Bedroom
  • Room Level: First
  • Room Length: 19.5
  • Room Width: 11.0
  • Room Dimensions: 19.5 x 11
Room 4
  • Room Type: Bedroom
  • Room Level: First
  • Room Length: 11.0
  • Room Width: 10.5
  • Room Dimensions: 11 x 10.5
Room 5
  • Room Type: Living Room
  • Room Level: Second
  • Room Length: 24.0
  • Room Width: 16.5
  • Room Dimensions: 24 x 16.5
Room 6
  • Room Type: Kitchen
  • Room Level: Second
  • Room Length: 12.5
  • Room Width: 12.0
  • Room Dimensions: 12.5 x 12

Rental

Rent Information
  • Listing Info Tax Legal:Is Subject Leased: false

Property History for 313 East Water Street

DateEvent & SourcePriceAppreciation
Jul 28, 2023

Sold

CPAR #740228

$3,950,000—
Jul 28, 2023

Sold

ECAR #902841

$3,950,000—
Jul 27, 2023

Sold (Public Record)

Public Record #1517017310

$3,950,000—
DateEvent & SourcePrice
07/28/2023

Sold

CPAR #740228

$3,950,000
07/28/2023

Sold

ECAR #902841

$3,950,000
07/27/2023

Sold (Public Record)

Public Record #1517017310

$3,950,000

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

Public Records for 313 East Water Street

Taxable Value

Land

$1,050,000

Additions

$2,199,284
Total$3,249,284

Tax Record

2024

$30,696 ($2,558 / month)

Home Facts

Beds

4

Total Finished SqFt

2,850 SqFt

Above Grade Finished SqFt

2,850 SqFt

Stories

3

Lot Size

4,095 SqFt

Style

Single Family Residence

Year Built

2000

Year Renovated

2006

County

WALTON

APN

35-3S-18-16060-011-0020

Fireplace Type

Has Fireplace

Schools near 313 East Water Street

This home is within Walton County School District.
Rating
School
Type
Grades
Distance
Dune Lakes Elementary School
Public - K to 5
Emerald Coast Middle School
Public - 6 to 8
South Walton High School
Public - 9 to 12
Seaside Neighborhood School
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.

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