Tour
#981140, Dahler & Co., Listing office: Scenic Sothebys International Realty
$3,750,000 List price
198 E Water St Inlet Beach, FL 32461
4 beds
4 full, 1 partial
2,629 sqft
0.06 acres
$1,426 / sqft
House
Property details
About 198 E Water St
Seller is Motivated - Bring All Offers! Welcome to your dream getaway in the heart of Rosemary Beach! This exquisite 4-bedroom, 4.5-bath coastal retreat offers the ultimate blend of luxury, comfort, and location--and the seller is ready to make a deal. Just steps from the sugar-white sand beaches, this beautifully designed home features a private, heated pool surrounded by lush, tropical landscaping--your own private oasis for relaxation or entertaining. Inside, you'll love the bright, open-concept living space, complete with elegant quartz countertops, a chef-style gas stove, and high-end finishes throughout. The charming carriage house adds even more value, perfect for hosting guests or generating rental income. Located just a short walk from boutique shops, dining, and everything Rosemary Beach has to offer, this home is ideal as a primary residence, second home, or investment property.Homes like this rarely come available. Don't miss your chance to own in one of 30A's most desirable communities. Schedule your private tour today and bring your offer!
Highlights
Home typeSingle Family Residence
HeatingElectric
StatusActive
Size2,629 sqft
Lot size0.06 Acres
Year built2012
ParkingAttached, Garage
MLS #764085
Attached garage1 space
Private poolYes
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 4
- Appliances: Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Wine Cooler, Washer
- Interior: Breakfast Bar, Fireplace, Kitchen Island, Recessed Lighting, Track Lighting
- Total Bedroom Count: 4
- Garage Space: 1 space
- Attached Garage: Yes
- Private Pool: Yes
- Parking: Attached, Garage
- Exterior: Balcony
- Architectural Style: Coastal
- Heating: Electric
- List Price: $3,750,000
- Price/SqFt: $1,426
- HOA Amount: $1415 Quarterly
- Annual Tax Amount: $24,823
- Tax Year: 2023
- Lot: Interior Lot
- Directions: Heading East on Hwy 30, Turn Left onto E Water Street. Home Will be on the Left. Park in back of home On Trimingham Ln.
- Year Built: 2012
- Living Area: 2,629 SqFt
- Lot Size: 0.06 Acres
- MLS Number: 764085
- MLS Name: BCAR
- Office Name: Destin Luxury Real Estate & Rental
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2025 Central Panhandle Association of REALTORS.© All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/27/2025, 9:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Apr 20, 2022 | Home Sold | $3,590,000 |
| Nov 18, 2020 | Home Sold | $2,224,950 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $2,731,977 | $24,823 |
| 2022 | $2,290,780 | $18,380 |
| 2021 | $1,552,055 | $18,380 |
| 2020 | $1,464,108 | $15,023 |
| 2019 | $1,097,321 | $10,526 |
| 2017 | $1,054,712 | $10,085 |
History based on county public records data.
Nearby schools
8
Dune Lakes Elementary School
Public District KG-5
8.7 mi
•6565 US Highway 98 E
5
West Bay Elementary School
Public District KG-5
9.3 mi
•14813 School Dr
7
Hutchison Beach Elementary School
Public District KG-5
11.9 mi
•12900 Hutchison Blvd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $93,868. The most common annual income of people living in Inlet Beach, FL is between $35k-100k. Typical family type is married, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
24%
<35k
30%
35k-100k
25%
100k-200k
21%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
37%
Single, No Kids
5%
Single, with Kids
43%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
5%
12-17 yrs old
10%
18-34 yrs old
52%
35-64 yrs old
21%
65+ yrs old
What do the neighbors do for fun?
Hunting
Figure Skating
NASCAR
Where do the neighbors shop?
Dillards
Dick's Sporting Goods
Dollar General
Where do the neighbors go to eat?
Cracker Barrel
Texas Roadhouse
Applebees
What do the neighbors drive?
Cadillac
Subaru
Ram
What do the neighbors listen to?
News/Talk/Information
New Country
Classic Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 198 E Water St
The listing price of 198 E Water St property is $3,750,000.
The property 198 E Water St is a house located in Inlet Beach, Florida, 32461.
Active Listing: 198 E Water St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 198 E Water St are: Dune Lakes Elementary School (GreatSchools Rating 8/10), West Bay Elementary School (GreatSchools Rating 5/10), Hutchison Beach Elementary School (GreatSchools Rating 7/10), Emerald Coast Middle School (GreatSchools Rating 6/10), Surfside Middle School (GreatSchools Rating 6/10), Breakfast Point Academy (GreatSchools Rating 6/10), Seaside Neighborhood School (GreatSchools Rating 10/10), South Walton High School (GreatSchools Rating 8/10), J.R. Arnold High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $24,823 (source: MLS/based on county public records data).
The last sale was on April 20, 2022 for $3,590,000 (source: MLS/tax record).
The property at 198 E Water St has 4 bedrooms and 4 full and 1 half bathrooms.
The property 198 E Water St is 2,629 SqFt (source: MLS/tax record).
The year of construction for 198 E Water St is 2012.
This home is located at 198 E Water St in Inlet Beach, FL and zip code 32413. This 2,629 square foot home, which was built in 2012, sits on a 0.06 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since November 6, 2024 and is currently priced at $3,750,000.
Inlet Beach, FL housing market in June 2025 saw over 3 listings sold above listed price, more than 28 sold at listed price and over 128 sold below. The number of homes for sale in Inlet Beach, FL increased by 6.8% between May and June 2025. In June 2025, listings were on the market for 117 days. During the same period, the median list price in this real estate market was $980,000.
From Rocket Homes Real Estate and based on county public records data.