32 E Park Place Avenue # 601, Inlet Beach, FL 32461
Local realty services provided by:CENTURY 21 Wimco Realty, Inc.
32 E Park Place Avenue # 601,Inlet Beach, FL 32461
$1,999,999
- 5 Beds
- 5 Baths
- 3,108 sq. ft.
- Single family
- Active
Listed by: scott martineau
Office: re/max coastal properties
MLS#:1005333
Source:FL_ECAR
Price summary
- Price:$1,999,999
- Price per sq. ft.:$643.5
About this home
Exactly one Gulf-view home with a private pool sits south of Highway 98 in Inlet Beach for under two million dollars. This is it. Tucked inside the gated Enclave at Inlet Beach -- fewer than twenty homes, one block from the Gulf of America and steps from Rosemary Beach -- this 3,108 sq ft turnkey residence offers 5 bedrooms, 5 baths, and sleeps 14 across three levels. A private elevator serves every floor, opening onto a chef's kitchen with quartz counters and pro-grade appliances, pine hardwood floors, and shiplap detailing. Step outside to a private heated pool and spa, outdoor kitchen, and Gulf views from multiple levels. The ground-floor suite offers direct pool access, ideal for multi-generational stays. Fully furnished and rental-ready from day one. Documented 2025 rental income of $101,672, with comparable units in this development achieving $110,000-$150,000 -- real, provable upside under active management. Ownership has proactively maintained the home, including a new elevator in 2025 and a completed $30,000 structural repair addressed in full during spring 2026, not deferred. A one-car garage and gated community add rare convenience here. The nearest comparable 5-bedroom Gulf-view listing is priced at $2,440,000, and larger comparables run well above that. At $1,999,999, this is not just competitively priced, it is the category. For a buyer who has done the homework, the math is immediate. See supplement for full rental performance and improvement history. 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.
RENTAL PERFORMANCE
2025 full-year documented gross rental revenue was $101,672, with comparable units in the same development achieving $110,000-$150,000 under more active management -- a gap that represents genuine upside for the next owner, not a liability. 2026 average daily rate is up 17.4% year over year ($612 vs. $521), and June and July 2026 are running at 100% adjusted occupancy, matching last year's peak summer performance. The 2026 calendar included a proactive, fully-completed $30,000 structural repair to the first-floor balcony header (49 nights, April 11-May 30), plus a short owner-use block over Spring Break -- ownership staying ahead of maintenance rather than deferring it.
OWNERSHIP HAS INVESTED IN THIS HOME
A new elevator was installed in 2025, following a documented history of proactive component-level maintenance dating back to 2021 -- HVAC systems, pool equipment, pavers, gate, and elevator hardware have all been addressed on an ongoing basis. This is a home that has been maintained ahead of problems, not around them.
Link to Luxury Vacation Rental Website: https://www.30aluxuryvacations.com/vacationrentals/good-day-getaway...
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Home facts
- Year built:2009
- Subdivision & Development:ENCLAVE AT INLET BEACH
- Listing ID #:1005333
- Added:51 day(s) ago
- Updated:August 03, 2026 at 02:52 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:5
- Full bathrooms:5
- Rooms Total:12
- Kitchen Description:Dishwasher, Disposal, Ice Machine, Microwave, Range Hood, Refrigerator, Stove/Oven Gas
- Living area:3,108 sq. ft.
Heating and cooling
- Central air:Yes
Structure and exterior
- Year built:2009
- Building area:3,108 sq. ft.
- Lot area:0.04 Acres
- Lot Features:Cul-De-Sac, Dead End, Level
- Architectural Style:Beach House
- Exterior Features:BBQ Pit/Grill, Balcony, Columns, Fenced Area, Separate Quarters, Shower, Sprinkler System
Schools
- High school:South Walton
- Middle school:Emerald Coast
- Elementary school:Bay
Utilities
- Water:Public Water
Finances and disclosures
- Price:$1,999,999
- Price per sq. ft.:$643.5
- Tax amount:$16,629 (2025)
Features and amenities
- Appliances:Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator, Stove/Oven Gas, Washer
- Laundry features:Dryer, Washer
- Amenities:Breakfast Bar, Elevator, Guest Quarters, Pantry
Parking
- Garage:Yes
- Garage spaces:1
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