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$1,999,000

32 Park Place Ave

Inlet Beach, FL
Active
5
Bedrooms
5.5
Bathrooms
3,108
Square Feet
0.04
Lot Size (acres)
2009
Year Built
115
Days On Market

Exactly one Gulf-view home with a private pool sits south of Highway 98 in Inlet Beach for under two million dollars. This is it. Tucked inside the gated Enclave at Inlet Beach -- fewer than twenty homes, one block from the Gulf of America and steps from Rosemary Beach -- this 3,108 sq ft turnkey residence offers 5 bedrooms, 5 baths, and sleeps 14 across three levels. A private elevator serves every floor, opening onto a chef's kitchen with quartz counters and pro-grade appliances, pine hardwood floors, and shiplap detailing. Step outside to a private heated pool and spa, outdoor kitchen, and Gulf views from multiple levels. The ground-floor suite offers direct pool access, ideal for multi-generational stays. Fully furnished and rental-ready from day one. Documented 2025 rental income of $101,672, with comparable units in this development achieving $110,000-$150,000 -- real, provable upside under active management. Ownership has proactively maintained the home, including a new elevator in 2025 and a completed $30,000 structural repair addressed in full during spring 2026, not deferred. A one-car garage and gated community add rare convenience here. The nearest comparable 5-bedroom Gulf-view listing is priced at $2,440,000, and larger comparables run well above that. At $1,999,999, this is not just competitively priced, it is the category. For a buyer who has done the homework, the math is immediate. See supplement for full rental performance and improvement history. There is exactly one Gulf-view home with a private pool south of Highway 98 in Inlet Beach available for under two million dollars. This is it. 32 E Park Place Avenue, Unit 601 sits inside Enclave at Inlet Beach -- a small, gated community of fewer than twenty homes tucked one block from the Gulf of America, adjacent to Rosemary Beach and the best that Scenic 30A has to offer. The property is 3,108 square feet of turnkey coastal luxury, fully furnished, and ready to perform from day one. THE MARKET CONTEXT -- WHY THIS PRICE MATTERS Every comparable Gulf-view, pool home south of 98 in this corridor is listed between $2.4M and $10M+. The closest 5-bedroom competitor is priced at $2,440,000 -- and it's smaller. At $1,999,999, Unit 601 is not just competitively priced; it is the category. There is no other property in this market that delivers Gulf views, a private pool, five en-suite bedrooms, a full elevator, and a garage at this price point. RENTAL PERFORMANCE 2025 full-year documented gross rental revenue was $101,672, with comparable units in the same development achieving $110,000-$150,000 under more active management -- a gap that represents genuine upside for the next owner, not a liability. 2026 average daily rate is up 17.4% year over year ($612 vs. $521), and June and July 2026 are running at 100% adjusted occupancy, matching last year's peak summer performance. The 2026 calendar included a proactive, fully-completed $30,000 structural repair to the first-floor balcony header (49 nights, April 11-May 30), plus a short owner-use block over Spring Break -- ownership staying ahead of maintenance rather than deferring it. OWNERSHIP HAS INVESTED IN THIS HOME A new elevator was installed in 2025, following a documented history of proactive component-level maintenance dating back to 2021 -- HVAC systems, pool equipment, pavers, gate, and elevator hardware have all been addressed on an ongoing basis. This is a home that has been maintained ahead of problems, not around them. Link to Luxury Vacation Rental Website: https://www.30aluxuryvacations.com/vacationrentals/good-day-getaway

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Listing Information

Listing Updated
5 days ago
Listed By
Scott Martineau · RE/MAX Coastal Properties
MLS#
1005333
Source
Emerald Coast Association of REALTORS
Status
Active

Facts & Features

Location

Community Information

Address
32 E Park Place Ave #601, Inlet Beach, FL 32461
City
Inlet Beach
County
Walton
Neighborhood
ENCLAVE AT INLET BEACH
Zip Code
32461

Architecture

Bedrooms
5
Bathrooms
5.5
Stories
3
Year Built
2009
Style
Beach House
Construction Materials
Stucco
Building Area
3,108 sq. ft.
Roof
Metal
Garage
Yes
Garage Spaces
1
Parking Features
Attached, Garage Door Opener, Garage

Features & Amenities

Interior Features
Vaulted Ceiling(s), Pantry, Elevator, In-Law Floorplan, Breakfast Bar, Recessed Lighting, Tray Ceiling(s)
Appliances
Dryer, Dishwasher, Electric Water Heater, Microwave, Refrigerator, Washer, Disposal, Gas Oven, Range Hood, Ice Maker
Flooring
Hardwood
Exterior Features
Balcony, Private Yard, Outdoor Shower, Outdoor Grill
Patio and Porch
Covered, Patio, Deck, Porch
Community Features
Gated
Cooling
Ceiling Fan(s), Central Air, Electric
Heating
Electric, Central

Property Features

Lot Size
0.04 Acres
Lot Features
Level, Cul-De-Sac, See Remarks
Water
Public
Utilities
Cable Available, Electricity Available
Zoning
Resid Multi-Family, Resid Single Family, See Remarks

Square Footage

Total
3,108 sq. ft.

Tax & Financial Information

List Price
$1,999,000
Annual Taxes
$16,629
Association Fee
$200 (paid Monthly)

Schools

52/100
Ohana Institute
All Grades · Grades KG–12 · 0.8 mi · Private
City
Inlet Beach
Students
85
Student body
88% White · 7% Hispanic / Latino · 2% Asian
Phone
(850) 231-1140

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
06/12/2026Listed for sale$1,999,000

Listed by Scott Martineau · RE/MAX Coastal Properties


IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing

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