$1,999,000
- 5
- beds
- 5 full · 1 half
- baths
- 3,108
- sqft
- 2009
- year built
- 5
- beds
- 5 full · 1 half
- baths
- 3,108
- sqft
- 2009
- year built
- Status:
- Active
- MLS #:
- 1005333
- Neighborhood:
- ENCLAVE AT INLET BEACH
- County:
- Walton
- Listed By:
- Scott Martineau - RE/MAX Coastal Properties
- Agent Email:
- scott@themartineaugroup.com
Sponsoring Broker: Jennifer Ledesma, Berkshire Hathaway HomeServices Beach Properties of Florida
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
Highlights
- Residential
- Townhouse
- Built in 2009
- 0.04 Acre Lot
- $200/mo HOA
- 1 Car Garage
- 151 days on Market
-
- Bedrooms
- 5
-
- Bathrooms
- 5 full · 1 half
-
- Year Built
- 2009
-
- Stories
- 3.0
-
- Architectural Style
- Beach House
-
- Construction Materials
- Stucco
-
- Garage Spaces
- 1.0
-
- Parking Features
- Attached, Garage Door Opener, Garage
-
- 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
-
- Furnished
- Furnished
-
- Exterior Features
- Balcony, Private Yard, Outdoor Shower, Outdoor Grill
-
- Patio And Porch
- Covered, Patio, Deck, Porch
-
- Pool Features
- Heated, In Ground
-
- Security Features
- Smoke Detector(s), Security System
-
- Cooling
- Ceiling Fan(s), Central Air, Electric
-
- Heating
- Electric, Central
-
- Acres
- 0.04
-
- Lot Features
- Level, Cul-De-Sac, See Remarks
-
- Utilities
- Cable Available, Electricity Available
-
- Water
- Public
-
- Area
- 18 - 30A East
-
- County
- Walton
-
- City
- Inlet Beach
-
- Neighborhood
- ENCLAVE AT INLET BEACH
-
- Zip Code
- 32461
-
- High School
- South Walton
-
- Middle School
- Emerald Coast
-
- Elementary School
- Bay
-
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Estimated Value
$2,176,597
Estimated Sales Price Range:
$2,002,469 - $2,350,724
Source: Constellation Data Labs
Price History
| 06/12/2026 | Listed | $1,999,000 |
| Source: Emerald Coast Association of REALTORS #1005333 | ||
| 03/02/2025 | Off Market | — |
| Source: Emerald Coast Association of REALTORS #969957 | ||
| 04/30/2021 | Sold | $1,650,000 |
| Source: Emerald Coast Association of REALTORS #867253 | ||
| 03/18/2021 | Listed | $1,640,000 |
| Source: Emerald Coast Association of REALTORS #867253 | ||
| 06/07/2018 | Sold | $1,170,000 |
| Source: Emerald Coast Association of REALTORS #774415 | ||
| 09/21/2017 | Price Changed | $1,199,000 |
| Source: Emerald Coast Association of REALTORS #774415 | ||
| 02/15/2018 | Listed | $1,299,000 |
| Source: Emerald Coast Association of REALTORS #774415 | ||
| 06/07/2018 | Sold | $1,170,000 |
| Source: Central Panhandle Association of REALTORS #663706 | ||
| 10/02/2017 | Listed | $1,199,000 |
| Source: Central Panhandle Association of REALTORS #663706 | ||
| 08/08/2016 | Sold | $1,060,000 |
| Source: Central Panhandle Association of REALTORS #645899 | ||
| 05/05/2016 | Listed | $1,195,000 |
| Source: Central Panhandle Association of REALTORS #645899 | ||
Source: MLS Data
Deed History
| 10/19/2021 | Quit Claim Deed (non-arm's length) | $0 |
| 05/03/2021 | Warranty Deed | $1,650,000 |
| 06/11/2018 | Warranty Deed | $1,170,000 |
| 08/11/2016 | Warranty Deed | $1,060,000 |
| 09/20/2012 | Warranty Deed | $675,000 |
| 05/12/2011 | Special Warranty Deed | $550,000 |
Source: Public records via Constellation Data Labs
Mortgage History
| 05/03/2021 | New Conventional | $1,072,500 |
| 08/11/2016 | ARM (Adjustable Rate Mortgage as of August, 2009) | $793,672 |
| 09/20/2012 | New Conventional | $417,000 |
| 05/12/2011 | New Conventional | $385,000 |
Source: Public records via Constellation Data Labs
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How much is the monthly mortgage payment for 32 E Park Place Ave #601?
With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 32 E Park Place Ave #601 at around $12,762. This includes estimated property taxes and insurance.
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Can I negotiate the asking price for 32 E Park Place Ave #601?
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What is the price per square foot for this home?
This home is listed at $1,999,000 with 3,108 sqft of space—that comes out to approximately $643 per square foot.
How long has this property been on the market?
32 E Park Place Ave #601 was listed on June 12, 2026, which means it's been on the market for 151 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
When was this house built?
This home was built in 2009, making it approximately 17 years old.
What is the lot size of this property?
32 E Park Place Ave #601 sits on a 0.04-acre lot, which is 1,742 square feet.
What schools are assigned to this property?
Based on MLS info, this home is zoned for:
- Elementary: Bay
- Middle: Emerald Coast
- High: South Walton
Want to see how these schools compare? Check out our Walton County School Guide to see ratings, reviews, and more for the schools in the area.
What are the property taxes for 32 E Park Place Ave #601?
The most recent public record shows annual property taxes for 32 E Park Place Ave #601 were approximately $16,629. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.
Is there an HOA fee for this property, and what does it cover?
This home has an HOA fee of $200 paid monthly.
Is 32 E Park Place Ave #601 still available for sale?
Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.
Source: ez Home Search, MLS Data
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