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Sold for $745,000
  • $745,000

    23 Grayling Way, Inlet Beach, FL 32461

    3beds
    1,772sqft
    Single Family Residence
    Built in 2013
    3,484.8 Square Feet Lot
    $745,400 Zestimate®
    $420/sqft
    $3,773 Estimated rent

    Home value

    $745,400

    $708,000 - $783,000

    $3,773/mo

    Zestimate® history
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    What's special

    Ideally located in the heart of Inlet Beach, just minutes from Rosemary Beach and with convenient beach access only, 1000 feet from door to sand, 23 Grayling Way offers a true turnkey opportunity along Scenic Highway 30A. Thoughtfully updated and move-in ready, this home is perfectly suited as a primary residence, second home, or income-producing short-term rental. Recent improvements include an expanded and updated kitchen with new appliances, enhancing flow and functionality for entertaining and guest stays. Additional enhancements feature a new sliding door in the back, new furniture, and no carpet throughout the home,creating a clean, modern, and low-maintenance interior. The owners have maintained an exceptionally high quality of the home by not renting during spring break, ensuring it remains in top condition year after year. The open, inviting layout comfortably accommodates multiple guests, supporting strong rental appeal. Multiple closets provide more storage than you usually get out of a beach home, making it practical for owners and renters alike. Outdoor living spaces offer a relaxing retreat after a day at the beach, while the home's proximity to Rosemary Beach's dining, shopping, and entertainment adds to its desirability for both personal use and rentals. An extra wide bike path is just around the corner, connecting seamlessly to 30Avenue and even over the bridge toward Panama City Beach. Plus, pedestrian access through the nearby tunnel provides safe, easy passage beneath Highway 98 toward 30A and Rosemary Beach. The nearby Inlet Beach Regional Access at the southern end of S. Orange St. is the largest beach access in Walton County, featuring plenty of parking (117 spaces), showers, bathrooms, and expansive natural dunes our area is known for. It offers a convenient beach walkout with no stairs (via the middle dune walkover), seasonal lifeguards, and ADA-accessible amenities. Just offshore lies the popular "Grouper Reef," an artificial snorkel reef about 970 feet from shorea focal point for snorkeling and diving with abundant marine life, including fish, dolphins, and sea turtles. Camp Helen State Park is just a mile east, providing access to Lake Powell, one of the area's largest rare coastal dune lakes (the biggest in Florida and North America), perfect for kayaking, paddleboarding, and exploring pristine nature. This prime eastern end of 30A also offers quick access to Pier Park shopping and dining in Panama City Beach, as well as Florida Beaches International Airport (ECP) for easy travel. With nearby beach access, a location that consistently draws demand, and a fully furnished, updated property ready to generate rental income from day one, 23 Grayling Way delivers exceptional value. Whether you're seeking a personal coastal getaway or an investment positioned for immediate use and long-term appeal, this home combines refreshed interiors, rental-ready convenience, and an unbeatable Inlet Beach location near Rosemary Beach and the Gulf.

    Zillow last checked: 7 hours ago

    Listing updated: March 26, 2026 at 10:10am

    Listed by:

    Sara M Reese 850-420-0425,

    Compass,

    Launa L Wallace 850-381-6862,

    Compass

    Bought with:

    Samantha L Tilghman, 3441112

    Rosemary Beach Realty LLC

    Source: ECAOR,MLS#: 995403MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Primary bedroom
    • Level: Second
    • Area: 625 Square Feet
    • Dimensions: 25 x 25
    Bedroom
    • Description: Guest Room 1
    • Level: Second
    • Area: 196 Square Feet
    • Dimensions: 14 x 14
    Bedroom
    • Description: Guest Room 2
    • Level: Second
    • Area: 144 Square Feet
    • Dimensions: 12 x 12
    Dining room
    • Level: First
    • Area: 100 Square Feet
    • Dimensions: 10 x 10
    Kitchen
    • Level: First
    • Area: 120 Square Feet
    • Dimensions: 10 x 12
    Living room
    • Level: First
    • Area: 500 Square Feet
    • Dimensions: 25 x 20
    Heating
    • Central
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Electric Water Heater
    • Laundry: Washer/Dryer Hookup
    Features
    • Breakfast Bar, Kitchen Island, Pantry
    • Flooring: Hardwood, Laminate, Tile
    • Doors: Storm Door(s)
    • Windows: Window Treatments
    • Furnished: Yes
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 1,772
    • Total interior livable area: 1,772 sqft

    Property

    Parking
    • Total spaces: 2.5
    • Parking features: Garage - Attached
    • Attached garage spaces: 1
    Features
    • Stories: 2
    • Patio & porch: Deck
    • Exterior features: Outdoor Grill, Private Yard, Outdoor Shower
    • Fencing: Privacy
    Lot
    • Size: 3,484 sqft
    • Dimensions: 33 x 86 x 40 x 82 x 19
    • Features: Level
    Details
    • Parcel number: 363S18168100000030
    • Zoning description: Deed Restrictions

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Beach House
    • Property subtype: Single Family Residence
    Materials
    • Siding CmntFbrHrdBrd
    Condition
    • Construction Complete,Renovated
    • New construction: No
    • Year built: 2013

    Utilities & green energy

    • Water: Public

    Community & neighborhood

    Location
    • Region: Inlet Beach
    • Subdivision: Water View At Inlet Beach

    Other

    Other facts
    • Road surface type: Paved

    Price history

    DateEventPrice
    3/25/2026Sold$745,000-1.8%$420/sqft
    Source: ECAOR #995403 Report a problem
    2/26/2026Pending sale$759,000$428/sqft
    Source: ECAOR #995403 Report a problem
    2/15/2026Listed for sale$759,000+2.7%$428/sqft
    Source: ECAOR #995403 Report a problem
    7/1/2025Listing removed$739,000$417/sqft
    Source: ECAOR #955976 Report a problem
    4/8/2025Price change$739,000-15.5%$417/sqft
    Source: ECAOR #955976 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$5,085 +5.5%$432,453 +10%
    2023$4,821 +20.1%$393,139 +10%
    2022$4,014 +27.6%$357,399 +10%

    Find assessor info on the county website

    Neighborhood: 32461

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Dune Lakes
    • Middle: Emerald Coast
    • High: South Walton

    Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $745,400
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    +$14,908
    With Zillow Showcase(estimated)
    $760,308