5 Beds
5 Baths
3,108 SqFt
5 Beds
5 Baths
3,108 SqFt
Key Details
Property Type Single Family Home, Townhouse
Sub Type Attached Single Unit
Listing Status Active
Purchase Type For Sale
Square Footage 3,108 sqft
Price per Sqft $643
Subdivision Enclave At Inlet Beach
MLS Listing ID 1005333
Style Beach House
Bedrooms 5
Full Baths 5
HOA Fees $200/mo
HOA Y/N Yes
Year Built 2009
Annual Tax Amount $16,629
Tax Year 2025
Lot Size 1,742 Sqft
Acres 0.04
Lot Dimensions 20 X 93
Property Sub-Type Attached Single Unit
Source Emerald Coast Association of REALTORS®
Land Area 3108
Property Description
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
Location
State FL
County Walton
Community Gated Community, Pets Allowed
Area 18 - 30A East
Zoning Resid Multi-Family, Resid Single Family, See Remarks
Direction See Google Maps
Rooms
Primary Bedroom Level Upper
Master Bedroom true
Dining Room true
Kitchen true
Interior
Interior Features Breakfast Bar, Ceiling Raised, Ceiling Tray/Cofferd, Elevator, Guest Quarters, Lighting Recessed, Owner's Closet, Pantry, Split Bedroom, Washer/Dryer Hookup, Woodwork Painted
Heating Central
Cooling Ceiling Fans, Central Air
Flooring Floor Hardwood
Furnishings Furnished - All
Window Features Window Treatment All
Appliance Auto Garage Door Opn, Dishwasher, Disposal, Dryer, Ice Machine, Microwave, Range Hood, Refrigerator, Security System, Smoke Detector, Stove/Oven Gas, Washer, Water Heater - Elect
Laundry true
Exterior
Exterior Feature Balcony, BBQ Pit/Grill, Columns, Fenced Back Yard, Separate Living Area, Shower, Sprinkler System, In-Ground Pool, Heated Pool, Open Patio, Covered Patio, Open Deck, Covered Deck, Porch, Fenced Lot (Partial), Fenced Backyard, Privacy Fence, Guest Quarters, Separate Living Area, BBQ / Grill, Outdoor Shower, Sprinkler System, Columns, Balcony
Parking Features Garage
Garage Spaces 1.0
Fence Fenced Lot-Part, Fenced Privacy
Pool Pool - Heated, Pool - In-Ground, Pool Type
Community Features Gated Community, Pets Allowed
Utilities Available Electric, Public Water, TV Cable
View Gulf
Roof Type Metal
Street Surface Paved
Porch Deck Covered, Deck Open, Patio Covered, Patio Open, Porch
Garage Yes
Building
Lot Description Cul-De-Sac, Dead End, Level, Within 1/2 Mile to Water, See Remarks
Faces See Google Maps
Story 3
Architectural Style Beach House
Additional Building Guest Quarters
New Construction No
Schools
Elementary Schools Bay
Middle Schools Emerald Coast
High Schools South Walton
Others
Pets Allowed No
Tax ID 36-3S-18-16320-000-0150
Virtual Tour https://my.matterport.com/show/?m=bFh5SUku1nY
Nearby Locations
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