313 E Water Street, Inlet Beach, FL 32461 (MLS# 902841)

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.

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!

Status Change Info

Sold Price/SqFt: 1385.96 Status: Sold Under Contract Date: 2023-06-16 Sold Date: 2023-07-28 Sold Price: $3,950,000

Contract Info

Listing Board: Emerald Coast List Price/SqFt: 1473.33 List Date: 2022-07-05 Current Price: $3,950,000 List Price: $4,199,000

Location, Tax and Legal

Sub Area: 1806 - S of of 30A/East 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 SqFt Source: County PA Records Garage: No Carport: Yes Carport Spaces: 2 Pool: Yes Pool Type: Private Apx SqFt(Htd/Cooled): 2850 Bedrooms: 4 Full Baths: 4 Total Bathrooms: 4 # Stories: 3 Year Built: 2000 Acreage: 0.09

Listing Info, Tax & Legal

Is Subject Leased: No Assessment Fees: Yes Assessment Amount: 1395 Annual Assessment Amount: 5580 Assessment Paid: Quarterly 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.

Construction Status

Construction Complete: 1

Parking Features

Carport: 1

Waterview

Gulf: 1

Project Facilities

Beach: 1 Pool: 1

Utilities

Electric: 1 Gas - Natural: 1 Public Sewer: 1 Public Water: 1 TV Cable: 1 Underground: 1

Zoning

Resid Single Family: 1

Exterior

Balcony: 1 BBQ Pit/Grill: 1 Pool - Heated: 1 Pool - In-Ground: 1

Interior

Fireplace: 1 Floor Hardwood: 1 Furnished - All: 1

Energy

AC - Central Elect: 1 Ceiling Fans: 1 Heat Cntrl Electric: 1 Water Heater - Elect: 1

Master Bedroom

First: 1

Bedroom

First: 1

Kitchen

Second: 1

Living Room

Second: 1

Rooms

Bedroom: 1 Kitchen: 1 Living Room: 1 Master Bedroom: 1

Fees Include

Accounting: 1 Ground Keeping: 1 Management: 1 Master Association: 1 Recreational Faclty: 1 Security: 1

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 Project Name/Subdivision: ROSEMARY BEACH Parcel ID: 35-3S-18-16060-011-0020

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

Room Information

Master Bedroom Level: First Dimensions: 16.5 x 11 Length: 16.50 Width: 11.00 Dimensions: 16.5 x 11 Bedroom Level: First Dimensions: 16.5 x 10.5 Length: 16.50 Width: 10.50 Dimensions: 16.5 x 10.5 Bedroom Level: First Dimensions: 19.5 x 11 Length: 19.50 Width: 11.00 Dimensions: 19.5 x 11 Bedroom Level: First Dimensions: 11 x 10.5 Length: 11.00 Width: 10.50 Dimensions: 11 x 10.5 Living Room Level: Second Dimensions: 24 x 16.5 Length: 24.00 Width: 16.50 Dimensions: 24 x 16.5 Kitchen Level: Second Dimensions: 12.5 x 12 Length: 12.50 Width: 12.00 Dimensions: 12.5 x 12