Producing over $250K in actual rental income for 2022 & with over $192K YTD for 2023, 313 East Water Street is a top rental investment property in Rosemary Beach. Located on south side of 30A, this stunning four bedroom home is an entertainer's dream with a private heated pool, hot tub & GULF VIEWS! By the pool, there is a complete outdoor kitchen with a built-in gas grill, granite countertops, ice maker & mini-fridge. And there is a large outdoor fireplace, an amazing luxury for the colder, off-season months. The interior architecture delivers an iconic design. Gorgeous beams are placed throughout delivering the West Indies architecture Rosemary Beach is originally known for. A lovely, wood-burning fireplace is located in the center of the living room. And beyond this space, there is a long balcony overlooking East Water Street. The second level features the kitchen, formal dining space, a full bathroom & an office area. The top floor game room is unforgettable with 4 built in twin beds, a retro arcade system & a foosball table. A big-screen TV is situated perfectly to keep everyone entertained. The top floor balcony delivers GULF VIEWS & a rooftop view of Rosemary Beach. The property is offered fully-furnished & turnkey as a top-producing rental investment property. Rental projections are at $284,000 for 2023. A carriage house has been approved by the HOA!
Sold for $3,950,000 on 07/28/23
$3,950,000
313 E Water St, Inlet Beach, FL 32461
4beds
2,850sqft
Single Family Residence
Built in 2000
3,920.4 Square Feet Lot
$4,163,800 Zestimate®
$1,386/sqft
$6,311 Estimated rent
Home value
$4,163,800
$3.75M - $4.62M
$6,311/mo
Zestimate® history
Loading...
Owner options
Explore your selling options
What's special
Zillow last checked: 8 hours ago
Listing updated: October 25, 2024 at 02:46pm
Listed by:
The Dixon Team 850-468-0215,
30A Homes Sales
Bought with:
Erin Oden Team
Coastal Luxury
Source: ECAOR,MLS#: 902841
Originating MLS: Emerald Coast
Originating MLS: Emerald CoastFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Primary bedroom
- Level: First
Bedroom
- Level: First
Kitchen
- Level: Second
Living room
- Level: Second
Heating
- Electric
Cooling
- Electric, Ceiling Fan(s)
Appliances
- Included: Electric Water Heater
Features
- Bedroom, Kitchen, Living Room, Master Bedroom
- Flooring: Hardwood
- Has fireplace: Yes
- Fireplace features: Fireplace
- Furnished: Yes
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,850
- Total interior livable area: 2,850 sqft
Property
Parking
- Total spaces: 2
- Parking features: Carport
- Carport spaces: 2
Features
- Stories: 3
- Exterior features: Balcony, Barbecue
- Has private pool: Yes
- Pool features: Private, Heated, In Ground
- Has view: Yes
- View description: Gulf
- Has water view: Yes
- Water view: Gulf
- Waterfront features: Beach
Lot
- Size: 3,920 sqft
- Dimensions: 85 x 48
Details
- Parcel number: 353S18160600110020
- Zoning description: Resid Single Family
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Beach House
- Property subtype: Single Family Residence
Condition
- Construction Complete
- Year built: 2000
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Cable Connected, Underground Utilities
Community & neighborhood
Community
- Community features: Pool
Location
- Region: Inlet Beach
- Subdivision: Rosemary Beach
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $1,395 quarterly
- Services included: Accounting, Maintenance Grounds, Management, Master Association, Recreational Faclty, Security
Price history
| Date | Event | Price |
|---|---|---|
| 7/28/2023 | Sold | $3,950,000-5.9%$1,386/sqft |
Source:  ECAOR #902841 Report a problem | ||
| 6/16/2023 | Pending sale | $4,199,000$1,473/sqft |
Source: ECAOR #902841 Report a problem | ||
| 5/29/2023 | Price change | $4,199,000-3.5%$1,473/sqft |
Source: ECAOR #902841 Report a problem | ||
| 7/6/2022 | Listed for sale | $4,350,000+20.8%$1,526/sqft |
Source: ECAOR #902841 Report a problem | ||
| 6/28/2021 | Sold | $3,600,000+22%$1,263/sqft |
Source: ECAOR #870905 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $30,696 +7.7% | $3,360,556 +8.3% |
| 2023 | $28,504 +9% | $3,103,845 +10% |
| 2022 | $26,150 +34.4% | $2,821,677 +40.4% |
Find assessor info on the county website
Neighborhood: Rosemary Beach
Nearby schools
GreatSchools rating
- 10/10Bay Elementary SchoolGrades: K-5Distance: 5.9 mi
- 8/10Emerald Coast Middle SchoolGrades: 6-8Distance: 8.1 mi
- 8/10South Walton High SchoolGrades: 9-12Distance: 12.2 mi
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.
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$4,163,800
2% more+ $83,276
With Zillow Showcase(estimated)
$4,247,076