32 E Park Place Avenue # 601, Inlet Beach, FL 32461
Local realty services provided by:Better Homes and Gardens Real Estate Emerald Coast
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
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
SHOWING INSTRUCTIONS
Property is an active vacation rental and currently fully booked through July 2026. Showings available Saturdays between guest turns only. Serious inquiries contact listing agent directly for Saturday availability. Buyer to verify all dimensions and information deemed important....
Contact an agent
Home facts
- Year built:2009
- Listing ID #:1005333
- Added:1 day(s) ago
- Updated:June 13, 2026 at 01:45 AM
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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