$4,199,000
Inlet Beach, FL 32461
MLS# 902841
Status: Sold
4 beds | 4 baths | 2850 sqft
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Property Description
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.
Details
Status Change Info
Status: Sold
Under Contract Date: 2023-06-16
Sold Date: 2023-07-28
Sold Price: $3,950,000
Sold Price/SqFt: 1385.96
Contract Info
List Date: 2022-07-05
Current Price: $3,950,000
List Price: $4,199,000
List Price/SqFt: 1473.33
Listing Board: Emerald Coast
Location, Tax and Legal
Area: 18 - 30A East
Street #: 313
Street Direction: E
Street Name: Water
Street Suffix: Street
State: FL
Zip Code: 32461
County: Walton
Sub Area: 1806 - S of of 30A/East
Project Name/Subdivision: ROSEMARY BEACH
Parcel ID: 35-3S-18-16060-011-0020
Elementary School: Dune Lakes
Middle School: Emerald Coast
High School: South Walton
Legal Description: LOT 2 BLK 11 ROSEMARY BEACH PH 1 PB 12-5 OR 1499-177 OR 2745-3944 OR 2805-4622 OR 2812-2111 OR 2812-2108 OR 2904-1843 OR 3152-2228 OR 3204-4402
General Property Info
Sub-Type: Detached Single Family
Design: Beach House
Apx SqFt(Htd/Cooled): 2850
SqFt Source: County PA Records
Bedrooms: 4
Full Baths: 4
Total Bathrooms: 4
# Stories: 3
Year Built: 2000
Garage: No
Carport: Yes
Carport Spaces: 2
Acreage: 0.09
Pool: Yes
Pool Type: Private
Listing Info, Tax & Legal
Assessment Fees: Yes
Assessment Amount: 1395
Annual Assessment Amount: 5580
Assessment Paid: Quarterly
Is Subject Leased: No
New Buyer Fee: Yes
New Buyer Fee Amt: 0.5
New Buyer Fee Paid: %
Last Taxes: 19455.33
Last Tax Year: 2021
Brokerage Interest: No Interest
As Is: No
Remarks & Misc
Remarks: 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.
Office/Member Info
Single Agent Comp: 2.5
Single Agent Comp Type: %
Trans Broker Comp: 2.5
Trans Broker Comp Type: %
Non-Rep Comp: 1
Non-Rep Comp Type: %
Property Features
Construction Status: Construction Complete
Zoning: Resid Single Family
Waterview: Gulf
Parking Features: Carport
Project Facilities: Beach; Pool
Exterior: Balcony; BBQ Pit/Grill; Pool - Heated; Pool - In-Ground
Interior: Fireplace; Floor Hardwood; Furnished - All
Utilities: Electric; Gas - Natural; Public Sewer; Public Water; TV Cable; Underground
Energy: AC - Central Elect; Ceiling Fans; Heat Cntrl Electric; Water Heater - Elect
Master Bedroom: First
Bedroom: First
Kitchen: Second
Living Room: Second
Rooms: Bedroom; Kitchen; Living Room; Master Bedroom
Fees Include: Accounting; Ground Keeping; Management; Master Association; Recreational Faclty; Security
Supplements
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!
Room Information
| Room Name | Level | Dimensions | Length | Width | Dimensions |
| Master Bedroom | First | 16.5 x 11 | 16.50 | 11.00 | 16.5 x 11 |
| Bedroom | First | 16.5 x 10.5 | 16.50 | 10.50 | 16.5 x 10.5 |
| Bedroom | First | 19.5 x 11 | 19.50 | 11.00 | 19.5 x 11 |
| Bedroom | First | 11 x 10.5 | 11.00 | 10.50 | 11 x 10.5 |
| Living Room | Second | 24 x 16.5 | 24.00 | 16.50 | 24 x 16.5 |
| Kitchen | Second | 12.5 x 12 | 12.50 | 12.00 | 12.5 x 12 |
Listing Office: 30A Escapes Realty
Last Updated: July - 31 - 2023
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.
