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135 Grayling Way, Inlet Beach, FL 32461 (MLS# 995700)

135 Grayling Way, Inlet Beach, FL 32461

$719,900
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,772 Lot Size (sq. ft.): 3,049 Status: Active
Current Price: $719,900 List Date: 2/19/2026 Last Modified: 3/13/2026

Description

Perfectly positioned in the heart of Inlet Beach within the desirable Water View subdivision, 135 Grayling Way offers a true turnkey opportunity along the iconic Scenic Highway 30A corridor. Just minutes from Rosemary Beach and only .3 mile from your doorstep to the sand, this fully furnished 3 bedroom, 3 bathroom beach home blends comfort, quality, and investment potential. Thoughtfully updated and impeccably maintained, this property has never been rented and reflects exceptional owner care, including seasonal pressure washing, proactive whole-home maintenance, active termite bond, and professional landscape upkeep. Recent improvements include updated HVAC units, new hot water heater, outdoor shower, rain gutters, fenced backyard with covered entertaining oasis,

Supplements: and added storage closets for enhanced functionality. Inside, the open and inviting layout comfortably accommodates multiple guests, making it ideal as a primary residence, second home, or income-producing short-term rental. Rental projections exceed $60,000+ annually!, offering strong income potential from day one. Generous storage throughout sets this home apart from typical beach properties, adding practical convenience for both owners and guests. Outdoor living spaces create the perfect setting to unwind after a day on the Gulf, whether rinsing off under the outdoor shower, gathering around the fire in the evening, or relaxing beneath the covered patio. An extra-wide bike path just around the corner connects seamlessly to 30Avenue and extends over the bridge toward Panama City Beach. Pedestrian access through the nearby tunnel allows safe and easy passage beneath Highway 98 toward 30A and Rosemary Beach. Beach access is effortless via Inlet Beach Regional Beach Access at the southern end of South Orange Street, the largest access point in Walton County. Amenities include ample parking, restrooms, showers, and expansive natural dunes. Just offshore lies Grouper Reef, a popular artificial snorkel reef approximately 970 feet from shore, known for vibrant marine life including fish, dolphins, and sea turtles. Nature lovers will appreciate being just one mile from Camp Helen State Park, home to Lake Powell, one of the largest and rare coastal dune lakes in North America. Enjoy kayaking, paddleboarding, and exploring preserved coastal landscapes. The eastern end of 30A also provides quick access to Pier Park shopping and dining, as well as Northwest Florida Beaches International Airport (ECP) for convenient travel. With nearby beach access just .3 mile away, a location that consistently commands demand, and a fully furnished, move-in-ready property positioned for immediate rental income, 135 Grayling Way delivers exceptional value along 30A. Whether you're seeking a personal coastal retreat or a high-performing investment property, this Inlet Beach home offers refreshed interiors, rental-ready convenience, and a prime location near Rosemary Beach and the Gulf.

More Information MLS# 995700

Contract Info

Listing Board: Emerald Coast List Price/SqFt: 406.26 List Date: 2026-02-19 Current Price: $719,900 List Price: $719,900

Location, Tax and Legal

Sub Area: 1805 - N of Hwy 98 Elementary School: Dune Lakes Middle School: Emerald Coast High School: South Walton Legal Description: Lot 16 Water View At Inlet Beach Pb 18-41 Or 2880-4346 Or 2880-4357 Or 2952-2449 Or 3072-1946

General Property Info

Sub-Type: Detached Single Family Design: Beach House SqFt Source: County PA Records Garage: Yes Carport: No Driveway Spaces: 2 Pool: No Pool Type: None Apx SqFt(Htd/Cooled): 1772 Bedrooms: 3 Full Baths: 2 Half Baths: 1 Total Bathrooms: 3 # Stories: 2 Year Built: 2014 Garage Spaces: 1 Acreage: 0.07

Listing Info, Tax & Legal

Is Subject Leased: No Assessment Fees: Yes Assessment Amount: 650 Annual Assessment Amount: 650 Assessment Paid: Annually New Buyer Fee: No Last Taxes: 3191.19 Last Tax Year: 2025 Brokerage Interest: No Interest As Is: No

Remarks & Misc

Remarks: Perfectly positioned in the heart of Inlet Beach within the desirable Water View subdivision, 135 Grayling Way offers a true turnkey opportunity along the iconic Scenic Highway 30A corridor. Just minutes from Rosemary Beach and only .3 mile from your doorstep to the sand, this fully furnished 3 bedroom, 3 bathroom beach home blends comfort, quality, and investment potential. Thoughtfully updated and impeccably maintained, this property has never been rented and reflects exceptional owner care, including seasonal pressure washing, proactive whole-home maintenance, active termite bond, and professional landscape upkeep. Recent improvements include updated HVAC units, new hot water heater, outdoor shower, rain gutters, fenced backyard with covered entertaining oasis,

Construction Status

Construction Complete: 1

Parking Features

Garage: 1 Garage Attached: 1

Lot/Parcel Access

Paved Road: 1

Lot Features

Covenants: 1 Interior: 1 Restrictions: 1

Project Facilities

Pets Allowed: 1

Construction/Siding

Roof Dimensional Shg: 1 Slab: 1

Utilities

Electric: 1 Phone: 1 Public Sewer: 1 Public Water: 1 TV Cable: 1

Zoning

Resid Single Family: 1

Exterior

Fenced Back Yard: 1 Fenced Lot-All: 1 Patio Covered: 1 Shower: 1

Interior

Breakfast Bar: 1 Floor Allowance: 1 Floor Hardwood: 1 Furnished - All: 1 Kitchen Island: 1 Lighting Recessed: 1 Owner's Closet: 1 Washer/Dryer Hookup: 1 Window Treatmnt Some: 1

Financing

Conventional: 1 FHA: 1 VA: 1 Other: 1

Appliances

Auto Garage Door Opn: 1 Dishwasher: 1 Disposal: 1 Microwave: 1 Oven Self Cleaning: 1 Refrigerator: 1 Refrigerator W/IceMk: 1 Smoke Detector: 1 Stove/Oven Electric: 1

Energy

AC - Central Elect: 1 Ceiling Fans: 1 Double Pane Windows: 1 See Remarks: 1 Water Heater - Elect: 1

Mstr Bdrm/Mstr Bath

MBath Double Vanity: 1 MBath Garden Tub: 1 MBath Separate Shwr: 1 MBath Shower Only: 1 MBath Tile: 1 MBath Walk-In Closet: 1 MBath Whirlpool: 1

Master Bedroom

Second: 1

Bedroom

Second: 1

Kitchen

First: 1

Rooms

Bedroom: 1 Dining Area: 1 Family Room: 1 Garage: 1 Kitchen: 1 Master Bedroom: 1

Fees Include

Master Association: 1

Status Change Info

Status: Active

Location Tax and Legal

Area: 18 - 30A East Street #: 135 Street Name: Grayling Street Suffix: Way State: FL Zip Code: 32461 County: Walton Project Name/Subdivision: WATERVIEW AT INLET BEACH Parcel ID: 36-3S-18-16810-000-0160

Property Features

Construction Status: Construction Complete Lot Features: Covenants; Interior; Restrictions Zoning: Resid Single Family Parking Features: Garage; Garage Attached Project Facilities: Pets Allowed Exterior: Fenced Back Yard; Fenced Lot-All; Patio Covered; Shower Interior: Breakfast Bar; Floor Allowance; Floor Hardwood; Furnished - All; Kitchen Island; Lighting Recessed; Owner's Closet; Washer/Dryer Hookup; Window Treatmnt Some Appliances: Auto Garage Door Opn; Dishwasher; Disposal; Microwave; Oven Self Cleaning; Refrigerator; Refrigerator W/IceMk; Smoke Detector; Stove/Oven Electric Utilities: Electric; Phone; Public Sewer; Public Water; TV Cable Energy: AC - Central Elect; Ceiling Fans; Double Pane Windows; See Remarks; Water Heater - Elect Master Bedroom: Second Bedroom: Second Kitchen: First Rooms: Bedroom; Dining Area; Family Room; Garage; Kitchen; Master Bedroom Financing: Conventional; FHA; VA; Other Fees Include: Master Association

Room Information

Family Room Level: First Dimensions: 20 x 13 Length: 20.00 Width: 13.00 Dimensions: 20 x 13 Kitchen Level: First Dimensions: 11 x 10 Length: 11.00 Width: 10.00 Dimensions: 11 x 10 Dining Area Level: First Dimensions: 11 x 10 Length: 11.00 Width: 10.00 Dimensions: 11 x 10 Master Bedroom Level: Second Dimensions: 15 x 14 Length: 15.00 Width: 14.00 Dimensions: 15 x 14 Bedroom Level: Second Dimensions: 12 x 11 Length: 12.00 Width: 11.00 Dimensions: 12 x 11 Garage Level: First Dimensions: 18 x 11 Length: 18.00 Width: 11.00 Dimensions: 18 x 11
Listing Office: EXP Realty LLC
Listing Agent: Steve E Philpot
Last Updated: March - 13 - 2026
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.