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Walton 32413
135 Grayling Way
$630,000
● House - Off Market

135 Grayling Way

Inlet Beach, FL 32461
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,772 Ft²
$3,531
Est. Monthly

About This Property

Ready for your own beach Rental Property? Same floor plan homes in this neighborhood have historically excellent short-term rental results exceeding over $60,000+ in annual rental income. Homes in Water View subdivision are showing high repeat short term renters because of the easy beach access and walkability to Rosemary Beach and many dining and shopping options along 30A! Priced and ready to SELL.

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 a short 1/4 mile from your doorstep to the sand, this fully furnished 3 bedroom, 3 bathroom beach home blends comfort, quality, and high investment potential.

Thoughtfully updated and impeccably maintained 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, 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.
Unit Size
1,772 Ft²
Days on Market
162 days
Land Size
0.07 acres
Price per sqft
$375
Property Type
House
Property Taxes
$266
HOA Dues
-
Year Built
2014

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Last updated: 2 months ago (ECAR #995700)

Price History

Date / Event Date Event Price
Jul 31, 2026 Sold
Sold
Jul 3, 2026 In contract -
In contract
Jun 17, 2026 Price Decreased $664,900
↓ $25K (3.6%)
Price Decreased
May 25, 2026 Price Decreased $689,900
↓ $10K (1.4%)
Price Decreased
Apr 16, 2026 Price Decreased $699,900
↓ $20K (2.8%)
Price Decreased
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Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 6
  • Interior Walls Type: 14
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 5
  • Garage Type: 1
  • Garage Square Area: 228
  • Parking Space Count: 0
  • Patio Type: 70
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,180
  • Lot Size Depth Feet: 800
  • Lot Size Frontage Feet: 400
  • Total Building Area: 2,000
  • Gross Building Area: 2,000
  • Building Area: 1,772
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,772
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: INLET BEACH
  • Land Acres: 0000000073
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: LOT 16 WATER VIEW AT INLET BEACH PB 18-41 OR 2880-4346 OR 2880-4357 OR 2952-2449 OR 3072-1946

Neighborhood

  • School District Name: Walton County School District
  • Census Tract: 950610

Geography

  • Assessors Map Reference: S3-36-18
  • Parcel: 36-3S-18-16810-000-0160
  • Block: 1
  • Lot: 16
  • Meridian: SEC 36 TWN 03S RNG 018
  • Municipality: SOUTH WALTON FIRE
  • Latitude: 30.2781
  • Longitude: -86.0054

    Address

  • Full Address: 135 Grayling Way
  • Address - House Number: 135
  • Address - Street Name: Grayling
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Inlet Beach
  • Carrier Code: R032
  • 4-Digit Zip Code: 9625
  • Zip Code: 32461

Valuation

    Tax

  • Total Area: 1,909
  • Tax Year: 2022
  • Tax Amount: $297,205
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.2484
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 65
  • Final Value: 1,046,035
  • High Value: 1,305,947
  • Low Value: 786,122

    Market Valuation

  • Market Total Value: $550,284
  • Market Land Value: $100,300
  • Market Improvement Value: $449,984

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $358,871

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 12, 2014
  • Current Sale Recording Date: Jun 17, 2014
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2014661284917
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Walton


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Frequently Asked Questions

When was property at 135 Grayling Way built and last sold?
The property at 135 Grayling Way was built in 2014 and last sold on Jun 12, 2014 for $226,240.
How much is this home worth?
The estimated value of the home located at 135 Grayling Way is $676,860.
What are some comparable homes to 135 Grayling Way?
There are currently no comparable homes to 135 Grayling Way.