$3,650,000
●
Condo -
In Contract
64 Grace Point Way #B1
Inlet Beach, FL 32461
4 Beds
4 Baths,
1
Half Bath
2,880 Ft²
$19,737
Est. Monthly
$1,108
HOA / Fees
0.83%
Cap Rate
About This Property
Designed by the acclaimed team at Via Chicago Architects x
Disenadores, the newly unveiled Grace Point Residences reinterpret
coastal vernacular in a way that embraces the stunning surrounding
landscape while inspiring a new vision of luxury living along 30A.
The low-density complex resides in the final phase of the
established private community of Grace Point.
Through thoughtful site planning, the three distinct buildings that make up the Grace Point Residences are seamlessly interconnected by meandering brick paved walkways and unique courtyards bordered by lush vegetation. The ground level of the Northern most building is slated to create a vibrant mixed-use sector anchored with conveniences like a local coffee shop, a fine dining venue, and ample green space.
Through thoughtful site planning, the three distinct buildings that make up the Grace Point Residences are seamlessly interconnected by meandering brick paved walkways and unique courtyards bordered by lush vegetation. The ground level of the Northern most building is slated to create a vibrant mixed-use sector anchored with conveniences like a local coffee shop, a fine dining venue, and ample green space.
Unit Size
2,880 Ft²
Days on Market
-
Land Size
-
Price per sqft
$1,267
Property Type
Condo
Property Taxes
$706
HOA Dues
$1,108
Year Built
-
Listed By
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100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 14 days ago (ECAR #1011417)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 4, 2026 | Listed by Corcoran Reverie SRB | $3,650,000 | |
| Listed by Corcoran Reverie SRB | |||
Property Highlights
Elevator
Garage
Air Conditioning
Parking Details
Has Garage
Parking Features: Garage
Garage Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 4
Interior Features: Elevator, Kitchen Island, Ceiling Beamed, Lighting Recessed, Washer/Dryer Hookup
Appliances: Dishwasher, Microwave, Refrigerator, Smoke Detector, Stove/Oven Dual Fuel
Flooring Type: Hardwood
Rooms: 6
Exterior Details
Has Property Attached
Square Footage: 2880
Property Condition: Under Construction
Architectural Style: N/A
Year Built: 2026
Building Area Total: 2880
Window Features: Window Treatmnt None
Patio and Porch Features: Covered
Pool Features: Pool Type
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Annual Amount: $8,477
Utilities Details
Cooling Type: Central Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Accounting, Ground Keeping, Legal
HOA Fee: $1,108
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|
Building Info
About Walton
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Listed by: Hilary K Farnum-Fasth, Corcoran Reverie SRB
Last Updated: 14 days ago
Data Source: Emerald Coast MLS (ECAR), MLS# 1011417
Last Updated: 14 days ago
Data Source: Emerald Coast MLS (ECAR), MLS# 1011417
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