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About This Home

This 3-bedroom, 3-bathroom single family at 135 Grayling Way in Inlet Beach, FL is listed for $719,900 ($406 per sqft). Built in 2014, the home offers 1,772 sqft of living space on a 0.07 acres lot.

Agent 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, fe

nced 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.

Key Features

  • Built in 2014
  • 0.07 acre lot
  • 2 stories
  • 2 parking spaces

Property Details

2 stories
2 full, 1 half
2 spaces
2014

Amenities

HardwoodA/C

Monthly Cost Estimate

$3,850/mo

20% down · 6.5% · 30 years

Principal$521
Interest$3,120
Insurance$210

Estimates only. Actual payments may vary.

Location

135 Grayling Way

Inlet Beach, FL 32461

WATERVIEW AT INLET BEACH

Features & Amenities

Interior Features

Breakfast BarFloor AllowanceKitchen IslandLighting RecessedOwner's ClosetWasher/Dryer Hookup

Exterior Features

Fenced Back YardShower

Property Details

Flooring

Hardwood

Pool Features

Patio

Parking

Garage

Cooling

Central Air

Appliances

Auto Garage Door OpnDishwasherDisposalMicrowaveOven Self CleaningRefrigeratorRefrigerator W/IceMkSmoke DetectorStove/Oven ElectricWater Heater - Elect

Questions & Answers

This 3-bedroom, 3-bathroom single family at 135 Grayling Way is listed at $719,900 ($406/sqft). The estimated monthly payment is $3,120 based on 20% down at 6.5% interest.

Key features include: Built in 2014, 0.07 acre lot, 2 stories, 2 parking spaces. Interior Features: Breakfast Bar, Floor Allowance, Kitchen Island. Exterior Features: Fenced Back Yard, Shower.

This property is listed by Steve E Philpot and can be reached at 8505170284 or stevephilpotrealtor@gmail.com.

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SP

Steve E Philpot

Agent at EXP Realty LLC

(850) 517-0284

Listed by EXP Realty LLC

MLS# 995700· Source: listhub· Updated 50 days ago

Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

135 Grayling Way, Inlet Beach, FL 32461

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