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For sale
  • $1,999,999

    32 E Park Place Ave #601, Inlet Beach, FL 32461

    5beds
    3,108sqft
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    Townhouse
    Built in 2009
    1,742 Square Feet Lot
    $1,888,000 Zestimate®
    $644/sqft
    $-- HOA

    What's special

    One-car garageThree beautifully finished levelsIntimate gated enclavePrivate pool homeSoaring ceilingsShiplap feature wallsShiplap walls
    The only Gulf-view, private pool home south of Highway 98 in Inlet Beach currently available under $2,000,000 -- and it's fully furnished. Positioned steps from the Gulf of America in the intimate gated enclave of Enclave at Inlet Beach, 32 E Park Place Avenue Unit 601 delivers 3,108 sq ft of coastal luxury across three levels with a private elevator serving every floor. Five bedrooms, five baths, including a ground-floor suite with direct access to the private heated pool and spa courtyard -- ideal for guests, in-laws, or rental optimization. The chef's kitchen showcases quartz countertops, professional-grade appliances, and custom white cabinetry. Rich pine floors, shiplap walls, and French doors opening to the outdoor kitchen and pool create a seamless indoor-outdoor retreat. Gulf views from multiple levels. Every bedroom en suite. One-car garage. Walking distance to the Gulf. Documented $90,000 in rental income -- with comparable Enclave units producing $150K+ under active management. The rental upside here is real and immediate. Whether you're seeking a legacy beach home, a turnkey investment, or both -- nothing competes at this price south of 98. Adjacent to Rosemary Beach. Shown Saturdays only -- currently fully booked through July. 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. 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
    27 days
    |
    675
    |
    34
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Scott Martineau 850-420-7200,

    RE/MAX Coastal Properties

    Source: ECAOR,MLS#: 1005333MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 5
      • Full bathrooms: 5
      Primary bedroom
      • Level: Third
      • Area: 154 Square Feet
      • Dimensions: 14 x 11
      Primary bedroom
      • Level: Second
      • Area: 176 Square Feet
      • Dimensions: 16 x 11
      Bedroom
      • Level: Second
      • Area: 176 Square Feet
      • Dimensions: 16 x 11
      Bathroom
      • Level: First
      Other
      • Level: Second
      • Area: 55 Square Feet
      • Dimensions: 11 x 5
      Dining area
      • Level: Third
      • Area: 126 Square Feet
      • Dimensions: 14 x 9
      Dining room
      • Level: First
      Florida room
      • Level: Third
      • Area: 234 Square Feet
      • Dimensions: 18 x 13
      Kitchen
      • Level: Third
      • Area: 208 Square Feet
      • Dimensions: 16 x 13
      Kitchen
      • Level: First
      Laundry
      • Level: Second
      Office
      • Description: Located off Great Room!
      • Level: Third
      • Area: 48 Square Feet
      • Dimensions: 8 x 6
      Heating
      • Central, Heat High Efficiency
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator, Washer, Electric Water Heater
      • Laundry: Washer/Dryer Hookup
      Features
      • Breakfast Bar, Vaulted Ceiling(s), Tray Ceiling(s), In-Law Floorplan, Recessed Lighting, Owner's Closet, Pantry, Split Bedroom, Woodwork Painted, Elevator
      • Flooring: Hardwood
      • Windows: Window Treatments
      • Furnished: Yes
      Interior area
      • Total structure area: 3,108
      • Total interior livable area: 3,108 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Garage Door Opener, Garage
      • Attached garage spaces: 1
      Features
      • Stories: 3
      • Patio & porch: Covered, Deck, Patio, Porch
      • Exterior features: Outdoor Grill, Balcony, Columns, Private Yard, Outdoor Shower, Sprinkler System, Separate Living Area
      • Pool features: Heated, In Ground
      • Fencing: Partial,Privacy
      • Has view: Yes
      • View description: Gulf
      • Has water view: Yes
      • Water view: Gulf
      Lot
      • Size: 1,742 Square Feet
      • Dimensions: 20 x 93
      • Features: Cul-De-Sac, Dead End, Level, See Remarks, Within 1/2 Mile to Water
      Details
      • Additional structures: Guest House
      • Parcel number: 363S18163200000150
      • Zoning description: Resid Multi-Family, Resid Single Family, See Remarks

      Construction

      Type & style
      • Home type: Townhouse
      • Architectural style: Beach House
      • Property subtype: Townhouse
      Materials
      • Stucco
      • Roof: Metal
      Condition
      • Construction Complete
      • New construction: No
      • Year built: 2009

      Utilities & green energy

      • Water: Public

      Community & HOA

      Community
      • Features: Gated
      • Security: Security System, Smoke Detector(s)
      • Subdivision: ENCLAVE AT INLET BEACH
      Location
      • Region: Inlet Beach

      Financial & listing details

      • Price per square foot: $644/sqft
      • Tax assessed value: $1,843,780
      • Annual tax amount: $16,629
      • Date on market: 6/12/2026
      • Road surface type: Paved

        Estimated market value

        $1,888,000

        $1.79M - $1.98M

        $6,654/mo

        Price history

        DateEventPrice
        6/12/2026Listed for sale$1,999,999-6.8%$644/sqft
        Source: ECAOR #1005333 Report a problem
        12/1/2025Listing removed$2,145,000$690/sqft
        Source: ECAOR #969957 Report a problem
        5/28/2025Price change$2,145,000-0.2%$690/sqft
        Source: ECAOR #969957 Report a problem
        3/2/2025Listed for sale$2,150,000-14%$692/sqft
        Source: ECAOR #969957 Report a problem
        7/11/2023Listing removed--
        Source: ECAOR #920003 Report a problem
        6/22/2023Price change$2,499,9990%$804/sqft
        Source: ECAOR #920003 Report a problem
        4/29/2023Price change$2,500,000-2%$804/sqft
        Source: ECAOR #920003 Report a problem
        4/19/2023Price change$2,550,000-1.9%$820/sqft
        Source: ECAOR #920003 Report a problem
        3/30/2023Listed for sale$2,599,000+57.5%$836/sqft
        Source: ECAOR #920003 Report a problem
        4/30/2021Sold$1,650,000+0.6%$531/sqft
        Source: ECAOR #867253 Report a problem
        3/21/2021Pending sale$1,640,000$528/sqft
        Source: Engel & Volkers #867253 Report a problem
        3/19/2021Listed for sale$1,640,000$528/sqft
        Source: Engel & Volkers #867253 Report a problem
        3/19/2021Pending sale$1,640,000$528/sqft
        Source: ECAOR #867253 Report a problem
        3/19/2021Listed for sale$1,640,000+40.2%$528/sqft
        Source: ECAOR #867253 Report a problem
        6/7/2018Sold$1,170,000-2.4%$376/sqft
        Source: CPAR #663706 Report a problem
        2/28/2018Listed for sale$1,199,000$386/sqft
        Source: Destin Lifestyles Real Estate #663706 Report a problem
        1/10/2018Listing removed$1,199,000$386/sqft
        Source: Destin Lifestyles Real Estate #774415 Report a problem
        9/21/2017Price change$1,199,000-7.7%$386/sqft
        Source: Destin Lifestyles Real Estate #774415 Report a problem
        5/2/2017Listed for sale$1,299,000+22.5%$418/sqft
        Source: Destin Lifestyles Real Estate #774415 Report a problem
        8/11/2016Sold$1,060,000-11.3%$341/sqft
        Source: Public Record Report a problem
        3/11/2016Listed for sale$1,195,000+77%$384/sqft
        Source: Owner Report a problem
        9/20/2012Sold$675,000+22.7%$217/sqft
        Source: Public Record Report a problem
        5/12/2011Sold$550,000$177/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$16,629 +3.6%$1,837,331 +10%
        2024$16,059 +7.3%$1,670,301 +10%
        2023$14,971 +17%$1,518,455 +10%
        2022$12,793 +13.6%$1,380,414 +25.5%
        2021$11,266 +12.8%$1,100,330 +10%
        2020$9,985 +0.5%$1,000,300
        2019$9,934 $1,000,300 +33.3%
        2018$9,934 +32.8%$750,225
        2017$7,481 +0.6%$750,225 +63%
        2016$7,436 +61.5%$460,138
        2015$4,604 -1.6%$460,138
        2014$4,677 $460,138
        2013-- $460,138
        2012-- $460,138
        2011-- $460,138
        2010-- $460,138 +300.1%
        2009-- $115,000 +227.6%
        2008-- $35,100

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 32461

        Getting around

        17 / 100
        Car-Dependent
        38 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Bay
        • 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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