38 Mala Way Inlet Beach
Sold 7/25/19
Sold 7/25/19
Last Sold Price
$1,800,000
Description
Spectacular new-construction home with breathtaking forever views of the Gulf of Mexico. This home is the 1st of 7 total that will make up Mala Beach, one of Inlet Beach's newest premier gulf-side neighborhoods. Situated just steps from Walton County's largest beach access, you can walk out your front door and have your toes in the sand in less than 3 minutes. Enter the home through the front door and you're met with dramatic 14-ft ceilings and beautiful shiplap covered walls. The downstairs consists...Spectacular new-construction home with breathtaking forever views of the Gulf of Mexico. This home is the 1st of 7 total that will make up Mala Beach, one of Inlet Beach's newest premier gulf-side neighborhoods. Situated just steps from Walton County's largest beach access, you can walk out your front door and have your toes in the sand in less than 3 minutes. Enter the home through the front door and you're met with dramatic 14-ft ceilings and beautiful shiplap covered walls. The downstairs consists of 2 bedrooms, one that's been purposed as a bunk room with unique loft-style beds for the kids, and the other a downstairs master suite with attached full bath. Luxurious finishes including a wet bar with built-in wine cooler and an elevator that services all 3 levels. See Mo Luxurious finishes around every corner including a wet bar with built-in wine cooler and an elevator that services all 3 floors.
1st floor also includes an additional full bath and a common living area, making it the perfect gathering place for family and friends. As you continue on to the 2nd floor, there are 3 total bedrooms, one with ensuite bath and the other 2 connected with a full jack-and-jill style bath. Also on the 2nd floor is a wonderful outdoor veranda with captivating views of the gulf, and offering the perfect space for relaxing with your morning coffee or evening cocktails. This floor also includes the laundry area, which has been thoughtfully positioned central to all 3 bedrooms and is enclosed with a magnificent custom-built sliding barn door. As you continue on to the the 3rd floor, you'll notice a wonderfully open space consisting of the kitchen, dining, and living areas. Kitchen has all high-end stainless steel appliances including a built-in ice-maker and additional wine cooler, and accented with beautiful custom cabinetry and quartz countertops. Ceilings are vaulted in the living room, adding to the open and spacious feel, and abundant natural light floods in from the floor-to-ceiling glass doors and fills the rooms. Slide open the doors and step outside onto your very own private oasis. A large and expansive deck with 3rd floor heated pool is truly extraordinary, and creates the optimal space for entertaining guests, splashing with the kids in the pool, and experiencing every sunrise and sunset. Another notable feature is the garage, which provides tremendous additional storage space with enough room to park a car, golf cart, or to store your beach gear. If you're considering this property as an investment, the opportunity is excellent. Annual rental projections are estimated at $181,000/yr, offering nearly a 10% return on investment. For even more added appeal, this home is in a superb location, just a 5-minute bike ride to the shops, restaurants, and attractions of nearby Rosemary Beach, The Shops of Inlet Beach, and 30Avenue. Built by CYAN Builders
This property is truly a must see and is ready immediately to begin generating substantial rental income. Give us a call today to schedule your private showing.
1st floor also includes an additional full bath and a common living area, making it the perfect gathering place for family and friends. As you continue on to the 2nd floor, there are 3 total bedrooms, one with ensuite bath and the other 2 connected with a full jack-and-jill style bath. Also on the 2nd floor is a wonderful outdoor veranda with captivating views of the gulf, and offering the perfect space for relaxing with your morning coffee or evening cocktails. This floor also includes the laundry area, which has been thoughtfully positioned central to all 3 bedrooms and is enclosed with a magnificent custom-built sliding barn door. As you continue on to the the 3rd floor, you'll notice a wonderfully open space consisting of the kitchen, dining, and living areas. Kitchen has all high-end stainless steel appliances including a built-in ice-maker and additional wine cooler, and accented with beautiful custom cabinetry and quartz countertops. Ceilings are vaulted in the living room, adding to the open and spacious feel, and abundant natural light floods in from the floor-to-ceiling glass doors and fills the rooms. Slide open the doors and step outside onto your very own private oasis. A large and expansive deck with 3rd floor heated pool is truly extraordinary, and creates the optimal space for entertaining guests, splashing with the kids in the pool, and experiencing every sunrise and sunset. Another notable feature is the garage, which provides tremendous additional storage space with enough room to park a car, golf cart, or to store your beach gear. If you're considering this property as an investment, the opportunity is excellent. Annual rental projections are estimated at $181,000/yr, offering nearly a 10% return on investment. For even more added appeal, this home is in a superb location, just a 5-minute bike ride to the shops, restaurants, and attractions of nearby Rosemary Beach, The Shops of Inlet Beach, and 30Avenue. Built by CYAN Builders
This property is truly a must see and is ready immediately to begin generating substantial rental income. Give us a call today to schedule your private showing.
LISTING CLOSED: 07/25/2019 12:00 AM
- Listed by The Dixon Team • Brokerage DRE #1053234 • 30A Homes SalesP: (850)-468-0215 C: (850)-468-0215 Dixonteam@30ahomesales.com
Property Details for 38 Mala Way Inlet Beach
Status
MLS #
821838
Days on Market
37
Taxes
-
HOA Fees
$2,400 / year
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Detached Single Family
Year Built
2019
Lot Size
-
County
View
Gulf
Zoning
Resid Single Family
Architectural Style
Beach House
Subdivision Name
Inlet Beach
Location
Listing Courtesy of 30A Homes Sales
Sold By 30A Homes Sales
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Building Information for 38 Mala Way Inlet Beach
Stories3Year Built2019Building Size-Lot Size-
Payment Calculator
$11,337 per month
30 year fixed, 6.55% Interest
Principal and Interest
$9,149
Property Taxes
$1,988
HOA Dues
$200
The Payment Calculator is for illustrative purposes only.
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1Property Information for 38 Mala Way Inlet Beach
Summary
Location and General Information
- Community Features: Pets Allowed
- Directions: Turn south on Orange Street from Hwy 98, left onto W Park Place Ave, Development is on left.
- Road Frontage Type: County Road
- MLS Area Minor: 1806 - S of of 30A/East
- MLS Area Major: 18 - 30A East
- Latitude: 30.274004
- Longitude: -86.003304
- Location Tax and Legal:Sub Area: 1806 - S of of 30A/East
- Location Tax and Legal:Elementary School: Bay
- Location Tax and Legal:Middle School: Emerald Coast
- Location Tax and Legal:High School: South Walton
- Location Tax and Legal:Legal Description: LOT 7 MALA BEACH PB 20-93
- Project Facilities: Pets Allowed2
Taxes and HOA
- Association Fee Frequency: Annually
- Association Fee2: $2,400
- Tax Legal Description: LOT 7 MALA BEACH PB 20-93
- Parcel Number: 36-3S-18-16118-000-0070
- Association Fee: $0
- Association YN: Yes
School Information
- Elementary School: Bay
- Middle Or Junior School: Emerald Coast
- High School: South Walton
Parking
- Attached Garage YN: Yes
- Garage Spaces: 1.0
- General Property Info:Driveway Spaces: 4.0
- Parking Features: Garage Attached
Property
Lot Information
- Building Area Source: Building Plan
- Lot Size Dimensions: TBD
- Lot Size Acres: 0.0
- Lot Size Area: 0.0
- Lot Size Units: Acres
- Property Condition: Construction Complete
- Lot Features: Within 1/2 Mile to Water
- Building Area Total: 3198.0
- Lot Size Square Feet: 0.0
- General Property Info:SqFt Source: Building Plan
- Waterview: Gulf2
- LotParcel Access: County Road, Paved Road
- Lot Features: Within 12 Mile to Water
Property and Assessments
- Road Surface Type: Paved
- Floor Plans Count: 0.0
- Property Type: Residential
- Year Built: 2019.0
- 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: Frame, Roof Metal, Slab
- Occupancy Status: Vacant
Utilities
- Utilities: Electric, Public Sewer, Public Water, TV Cable
- Electric: True
- Utilities: Electric, Public Sewer, Public Water, TV Cable
- Energy: AC - 2 or More, AC - Central Elect, Ceiling Fans, Heat Cntrl Electric
Interior and Exterior Features
Exterior Features
- Exterior Features: Balcony, Pool - Heated, Shower
- Construction Materials: Frame, Roof Metal, Slab
- Stories: 3.0
- Pool Features: Pool Type
- General Property Info:Pool: Yes
- General Property Info:Pool Type: Private
- Exterior: Balcony, Pool - Heated, Shower
Interior Features
- Heating: Central
- Cooling: Ceiling Fan(s), Central Air
- Interior Features: Breakfast Bar, Ceiling Raised, Ceiling Vaulted, Elevator, Floor Hardwood, Furnished - Some, Kitchen Island, Newly Painted, Washer/Dryer Hookup, Wet Bar
- Room Type: Family Room, Bedroom, Full Bathroom, Master Bedroom, Master Bathroom, Kitchen, Dining Area, Living Room
- Rooms Total: 12.0
- Bathrooms Total Integer: 5.0
- Bathrooms Total Decimal: 4.5
- Bathrooms Total Notational: 4.1
- Cooling YN: Yes
- Heating YN: Yes
- Bedrooms Total: 5.0
- Bathrooms Full: 4.0
- Bathrooms Half: 1.0
- Interior: Breakfast Bar, Ceiling Raised, Ceiling Vaulted, Elevator, Floor Hardwood, Furnished - Some, Kitchen Island, Newly Painted, WasherDryer Hookup, Wet Bar
- Appliances: Auto Garage Door Opn, Cooktop, Dishwasher, Dryer, Ice Machine, Microwave, Range Hood, Refrigerator, Smoke Detector, StoveOven Gas, Washer, Wine Refrigerator
Room Information
Room 1
- Room Type: Family Room
- Room Level: First
- Room Description: Dimensions: 18'-10'' X 17'-8''
Room 2
- Room Type: Bedroom
- Room Level: First
- Room Description: Dimensions: 12'-4'' X 15'-4''
Room 3
- Room Type: Full Bathroom
- Room Level: First
- Room Description: Dimensions: 6'-4'' X 7'-7''
Room 4
- Room Type: Full Bathroom
- Room Level: First
- Room Description: Dimensions: 9'-2'' X 4'-11''
Room 5
- Room Type: Master Bedroom
- Room Level: Second
- Room Description: Dimensions: 14'-6'' X 13'-9''
Room 6
- Room Type: Master Bathroom
- Room Level: Second
- Room Description: Dimensions: 9'-6'' X 6'-6''
Room 7
- Room Type: Bedroom
- Room Level: Second
- Room Description: Dimensions: 12'-4'' X 15'-8''
Room 8
- Room Type: Bedroom
- Room Level: Second
- Room Description: Dimensions: 18'-5'' X 10'-9'
Room 9
- Room Type: Full Bathroom
- Room Level: Second
- Room Description: Dimensions: 6'-3'' X 6'-0''
Room 10
- Room Type: Kitchen
- Room Level: Third
- Room Description: Dimensions: 11'-7'' X 12'-0''
Room 11
- Room Type: Dining Area
- Room Level: Third
- Room Description: Dimensions: 10'-11'' X 14'-8''
Room 12
- Room Type: Living Room
- Room Level: Third
- Room Description: Dimensions: 20'-5'' X 17'-8''
Rental
Rent Information
- Listing Info Tax Legal:Is Subject Leased: false
Property History for 38 Mala Way Inlet Beach
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Jul 25, 2019 | Sold ECAR #821838 | $1,800,000 | — |
| Jul 24, 2019 | Sold (Public Record) Public Record #650156686 | $1,800,000 | — |
| Jun 7, 2019 | Pending ECAR #821838 | — | |
| May 1, 2019 | Listed (Active) ECAR #821838 | $1,950,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 07/25/2019 | Sold ECAR #821838 | $1,800,000 |
| 07/24/2019 | Sold (Public Record) Public Record #650156686 | $1,800,000 |
| 06/07/2019 | Pending ECAR #821838 | — |
| 05/01/2019 | Listed (Active) ECAR #821838 | $1,950,000 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public Records for 38 Mala Way Inlet Beach
Taxable ValueLand$1,141,950Additions$2,138,821Total$3,280,771
Tax Record2024$23,858 ($1,988 / month)
Home Facts
Beds4Total Finished SqFt3,240 SqFtAbove Grade Finished SqFt3,240 SqFtStories3Lot Size4,922 SqFtStyleSingle Family ResidenceYear Built2019CountyWALTONAPN36-3S-18-16118-000-0070
Schools near 38 Mala Way Inlet Beach
This home is within Walton.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | K 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 | ||
WALTON VIRTUAL SCHOOL WCSD-7023 PublicK 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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Nearby home values
| Address | Sold price | Beds | Baths | Sqft | Lot (Sqft) |
|---|---|---|---|---|---|
This home: 38 Mala Way Inlet Beach, Inlet Beach, FL 32461 | $1,800,000 | 5 | 5 | 3,198 | – |
$470,000 | – | – | – | 6,969 | |
$750,000 | 1 | 1 | 640 | – | |
$750,000 | 1 | 1 | 640 | – | |
$795,000 | 1 | 1 | 640 | – | |
– | – | – | – | – | |
$295,000 | 1 | 1 | 640 | – | |
$435,000 | 1 | 1 | 640 | – | |
$125,000 | – | – | – | 162 | |
$180,000 | – | – | – | 51 | |
– | – | – | – | 222 | |
$25,000 | – | – | – | 182 | |
– | – | – | – | 234 | |
– | 2 | 3 | 2,165 | 30,971 | |
$149,000 | 1 | 1 | 700 | – |
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Listing Courtesy of 30A Homes Sales
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.