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About This Home

This 5-bedroom, 5-bathroom townhouse at 32 E Park Place Avenue in Inlet Beach, FL is listed for $1,999,999 ($644 per sqft). Built in 2009, the home offers 3,108 sqft of living space on a 0.04 acres lot.

Agent Description

The only Gulf-view, private pool home south of Highway 98 in Inlet Beach currently available under $2,000,000 -- and it's fully furnished. Positioned steps from the Gulf of America in the intimate gated enclave of Enclave at Inlet Beach, 32 E Park Place Avenue Unit 601 delivers 3,108 sq ft of coastal luxury across three levels with a private elevator serving every floor.

Five bedrooms, five baths, including a ground-floor suite with direct access to the private heated pool and spa courtyard -- ideal for guests, in-laws, or rental optimization. The chef's kitchen showcases quartz countertops, professional-grade appliances, and custom white cabinetry.

Rich pine floors, shiplap walls, and French doors opening to the outdoor kitchen and pool create a seamless indoor-outdoor retreat. Gulf views from multiple levels. Every bedroom en suite. One-car garage. Walking distance to the Gulf. Documented $90,000 in rental income -- with comparable Enclave units producing $150K+ under active management.

The rental upside here is real and immediate. Whether you're seeking a legacy beach home, a turnkey investment, or both -- nothing competes at this price south of 98. Adjacent to Rosemary Beach. Shown Saturdays only -- currently fully booked through July.

There is exactly one Gulf-view home with a private pool south of Highway 98 in Inlet Beach available for under two million dollars. This is it. 32 E Park Place Avenue, Unit 601 sits inside Enclave at Inlet Beach -- a small, gated community of fewer than twenty homes tucked one block from the Gulf of America, adjacent to Rosemary Beach and the best that Scenic 30A has to offer.

The property is 3,108 square feet of turnkey coastal luxury, fully furnished, and ready to perform from day one. THE MARKET CONTEXT -- WHY THIS PRICE MATTERS Every comparable Gulf-view, pool home south of 98 in this corridor is listed between $2.4M and $10M+.

The closest 5-bedroom competitor is priced at $2,440,000 -- and it's smaller. At $1,999,999, Unit 601 is not just competitively priced; it is the category. There is no other property in this market that delivers Gulf views, a private pool, five en-suite bedrooms, a full elevator, and a garage at this price point.

For a buyer doing their homework, the math is immediate. THE PROPERTY The home unfolds across three beautifully finished levels, connected by a private elevator -- a feature that makes this property genuinely accessible for buyers of any age who want to enjoy the beach lifestyle without negotiating stairs every day.

The ground floor opens to the private pool and spa courtyard through French doors, with an outdoor kitchen designed for evening entertaining and a ground-floor bedroom suite perfect for guests who want direct pool access. The main living level showcases the design philosophy that runs throughout the home: rich pine hardwood floors, shiplap-paneled

walls, soaring ceilings, and a chef's kitchen finished with white custom cabinetry, quartz countertops, and professional-grade appliances. The living space flows naturally through French doors to the covered balcony with Gulf views that will stop you mid-sentence.

The upper floors deliver the bedroom suites that make this property exceptional as both a personal retreat and a rental asset -- each bedroom en suite, most with private balcony access, each capturing Gulf views at increasing elevation. Five bedrooms.

Five full baths. Every guest in their own private world. THE INVESTMENT OPPORTUNITY This property generated $90,000 in documented rental income in its most recent full operating year -- under a vacation management firm that comparable Enclave owners have consistently outperformed.

Units in this same development with similar floor plans and identical Gulf views have documented actuals of $110,000-$150,000 annually under active professional management. The gap between $90,000 and $150,000 is not a flaw in the property -- it is the upside. A new owner who switches to a high-performing rental mana

Key Features

  • Built in 2009
  • 0.04 acre lot
  • 3 stories
  • 4 parking spaces

Property Details

3 stories
5 full
4 spaces
## 601
2009

Amenities

HardwoodA/C

Monthly Cost Estimate

$10,896/mo

20% down · 6.5% · 30 years

Principal$1,446
Interest$8,667
Insurance$583
HOA$200

Estimates only. Actual payments may vary.

Location

32 E Park Place Avenue

Inlet Beach, FL 32461

ENCLAVE AT INLET BEACH

Features & Amenities

Interior Features

Breakfast BarCeiling RaisedCeiling Tray/CofferdElevatorGuest QuartersLighting RecessedOwner's ClosetPantrySplit BedroomWasher/Dryer HookupWoodwork Painted

Exterior Features

BalconyBBQ Pit/GrillColumnsFenced Back YardSeparate Living AreaShowerSprinkler System

Property Details

Flooring

Hardwood

Construction

Stucco

Pool Features

PatioPorchDeck

Parking

Garage

Heating

Central

Cooling

Central Air

Appliances

Auto Garage Door OpnDishwasherDisposalDryerIce MachineMicrowaveRange HoodRefrigeratorSecurity SystemSmoke DetectorStove/Oven GasWasherWater Heater - Elect

Questions & Answers

This 5-bedroom, 5-bathroom townhouse at 32 E Park Place Avenue is listed at $1,999,999 ($644/sqft). The estimated monthly payment is $8,867 based on 20% down at 6.5% interest.

HOA fees are $200/month.

Key features include: Built in 2009, 0.04 acre lot, 3 stories, 4 parking spaces. Interior Features: Breakfast Bar, Ceiling Raised, Ceiling Tray/Cofferd. Exterior Features: Balcony, BBQ Pit/Grill, Columns.

This property is listed by Scott Martineau and can be reached at 8504207200 or scott@themartineaugroup.com.

SM

Scott Martineau

Agent at RE/MAX Coastal Properties

(850) 420-7200

Listed by RE/MAX Coastal Properties · View on Broker Site

MLS# 1005333· Source: listhub· Updated 1 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.

32 E Park Place Avenue, Inlet Beach, FL 32461

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