5 Beds
5 Baths
3,108 SqFt
5 Beds
5 Baths
3,108 SqFt
Key Details
Property Type Single Family Home, Townhouse
Sub Type Attached Single Unit
Listing Status Active
Purchase Type For Sale
Square Footage 3,108 sqft
Price per Sqft $643
Subdivision Enclave At Inlet Beach
MLS Listing ID 1005333
Style Beach House
Bedrooms 5
Full Baths 5
HOA Fees $200/mo
HOA Y/N Yes
Year Built 2009
Annual Tax Amount $16,629
Tax Year 2025
Lot Size 1,742 Sqft
Acres 0.04
Lot Dimensions 20 X 93
Property Sub-Type Attached Single Unit
Source Emerald Coast Association of REALTORS®
Land Area 3108
Property Description
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. For a buyer doing their homework, the math is immediate.
THE PROPERTY
The home unfolds across three beautifully finished levels, connected by a private elevator -- a feature that makes this property genuinely accessible for buyers of any age who want to enjoy the beach lifestyle without negotiating stairs every day. The ground floor opens to the private pool and spa courtyard through French doors, with an outdoor kitchen designed for evening entertaining and a ground-floor bedroom suite perfect for guests who want direct pool access.
The main living level showcases the design philosophy that runs throughout the home: rich pine hardwood floors, shiplap-paneled walls, soaring ceilings, and a chef's kitchen finished with white custom cabinetry, quartz countertops, and professional-grade appliances. The living space flows naturally through French doors to the covered balcony with Gulf views that will stop you mid-sentence.
The upper floors deliver the bedroom suites that make this property exceptional as both a personal retreat and a rental asset -- each bedroom en suite, most with private balcony access, each capturing Gulf views at increasing elevation. Five bedrooms. Five full baths. Every guest in their own private world.
THE INVESTMENT OPPORTUNITY
This property generated $90,000 in documented rental income in its most recent full operating year -- under a vacation management firm that comparable Enclave owners have consistently outperformed. Units in this same development with similar floor plans and identical Gulf views have documented actuals of $110,000-$150,000 annually under active professional management.
The gap between $90,000 and $150,000 is not a flaw in the property -- it is the upside. A new owner who switches to a high-performing rental manager captures an immediate and material improvement in returns. At a $1,999,999 purchase price and $150,000 in gross rental income, this property pencils in today's interest rate environment in a way that was simply not possible during the higher-rate years of 2024 and 2025.
The property is fully booked through the end of July 2026 -- existing reservations that transfer to the buyer and represent immediate income at closing.
THE LOCATION
Enclave at Inlet Beach occupies one of the most sought-after pockets on the entire 30A corridor. The community sits south of Highway 98, north of the dunes, one block from a public Gulf access point. To the west: Rosemary Beach, 30Avenue, and the full amenity base of the 30A lifestyle. To the east: the natural quiet of Camp Helen State Park and Lake Powell. The location delivers the energy of 30A with the privacy of a small, gated enclave.
The beach here is uncrowded, pristine, and accessible within a two-minute walk. Gulf views from the upper levels are unobstructed and permanent -- the protected dune system ensures they stay that way.
PROPERTY HIGHLIGHTS
Location & Access
Gated community of fewer than 20 homes · One block to the Gulf of America · Adjacent to Rosemary Beach · South of Highway 98
Size & Configuration
3,108 heated/cooled sq ft · 5 bedrooms, all en suite · 5 full baths · 3 levels · Ground-floor suite with pool access
Signature Features
Private elevator serving all floors · Private heated pool and spa · Outdoor kitchen and courtyard · Gulf views from multiple levels · One-car garage
Interior Finishes
Pine hardwood floors throughout · Shiplap feature walls · Chef's kitchen with quartz countertops and professional appliances · Custom white cabinetry · French doors to outdoor spaces
Investment Profile
Sold fully furnished · Documented $90,000 actuals -- comps achieve $150K+ · Fully booked June-July 2026 · Short-term rental permitted
SHOWING INSTRUCTIONS
Property is an active vacation rental and currently fully booked through July 2026. Showings available Saturdays between guest turns only. Serious inquiries contact listing agent directly for Saturday availability. Buyer to verify all dimensions and information deemed important.
Location
State FL
County Walton
Community Gated Community, Pets Allowed
Area 18 - 30A East
Zoning Resid Multi-Family, Resid Single Family, See Remarks
Direction See Google Maps
Rooms
Primary Bedroom Level Upper
Master Bedroom true
Dining Room true
Kitchen true
Interior
Interior Features Breakfast Bar, Ceiling Raised, Ceiling Tray/Cofferd, Elevator, Guest Quarters, Lighting Recessed, Owner's Closet, Pantry, Split Bedroom, Washer/Dryer Hookup, Woodwork Painted
Heating Central
Cooling Ceiling Fans, Central Air
Flooring Floor Hardwood
Furnishings Furnished - All
Window Features Window Treatment All
Appliance Auto Garage Door Opn, Dishwasher, Disposal, Dryer, Ice Machine, Microwave, Range Hood, Refrigerator, Security System, Smoke Detector, Stove/Oven Gas, Washer, Water Heater - Elect
Laundry true
Exterior
Exterior Feature Balcony, BBQ Pit/Grill, Columns, Fenced Back Yard, Separate Living Area, Shower, Sprinkler System, In-Ground Pool, Heated Pool, Open Patio, Covered Patio, Open Deck, Covered Deck, Porch, Fenced Lot (Partial), Fenced Backyard, Privacy Fence, Guest Quarters, Separate Living Area, BBQ / Grill, Outdoor Shower, Sprinkler System, Columns, Balcony
Parking Features Garage
Garage Spaces 1.0
Fence Fenced Lot-Part, Fenced Privacy
Pool Pool - Heated, Pool - In-Ground, Pool Type
Community Features Gated Community, Pets Allowed
Utilities Available Electric, Public Water, TV Cable
View Gulf
Roof Type Metal
Street Surface Paved
Porch Deck Covered, Deck Open, Patio Covered, Patio Open, Porch
Garage Yes
Building
Lot Description Cul-De-Sac, Dead End, Level, Within 1/2 Mile to Water, See Remarks
Faces See Google Maps
Story 3
Architectural Style Beach House
Additional Building Guest Quarters
New Construction No
Schools
Elementary Schools Bay
Middle Schools Emerald Coast
High Schools South Walton
Others
Pets Allowed No
Tax ID 36-3S-18-16320-000-0150
Virtual Tour https://my.matterport.com/show/?m=bFh5SUku1nY
Nearby Locations
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REALTOR® | Lic# 3137018 | Lic# 3421585
2048 W. County Hwy 30A, Suite 107, Santa Rosa Beach, FL, 32459