Ideally located in the heart of Inlet Beach, just minutes from Rosemary Beach and with convenient beach access only, 1000 feet from door to sand, 23 Grayling Way offers a true turnkey opportunity along Scenic Highway 30A. Thoughtfully updated and move-in ready, this home is perfectly suited as a primary residence, second home, or income-producing short-term rental. Recent improvements include an expanded and updated kitchen with new appliances, enhancing flow and functionality for entertaining and guest stays. Additional enhancements feature a new sliding door in the back, new furniture, and no carpet throughout the home,creating a clean, modern, and low-maintenance interior. The owners have maintained an exceptionally high quality of the home by not renting during spring break, ensuring it remains in top condition year after year.
The open, inviting layout comfortably accommodates multiple guests, supporting strong rental appeal. Multiple closets provide more storage than you usually get out of a beach home, making it practical for owners and renters alike.
Outdoor living spaces offer a relaxing retreat after a day at the beach, while the home's proximity to Rosemary Beach's dining, shopping, and entertainment adds to its desirability for both personal use and rentals. An extra wide bike path is just around the corner, connecting seamlessly to 30Avenue and even over the bridge toward Panama City Beach. Plus, pedestrian access through the nearby tunnel provides safe, easy passage beneath Highway 98 toward 30A and Rosemary Beach.
The nearby Inlet Beach Regional Access at the southern end of S. Orange St. is the largest beach access in Walton County, featuring plenty of parking (117 spaces), showers, bathrooms, and expansive natural dunes our area is known for. It offers a convenient beach walkout with no stairs (via the middle dune walkover), seasonal lifeguards, and ADA-accessible amenities. Just offshore lies the popular "Grouper Reef," an artificial snorkel reef about 970 feet from shorea focal point for snorkeling and diving with abundant marine life, including fish, dolphins, and sea turtles.
Camp Helen State Park is just a mile east, providing access to Lake Powell, one of the area's largest rare coastal dune lakes (the biggest in Florida and North America), perfect for kayaking, paddleboarding, and exploring pristine nature. This prime eastern end of 30A also offers quick access to Pier Park shopping and dining in Panama City Beach, as well as Florida Beaches International Airport (ECP) for easy travel.
With nearby beach access, a location that consistently draws demand, and a fully furnished, updated property ready to generate rental income from day one, 23 Grayling Way delivers exceptional value. Whether you're seeking a personal coastal getaway or an investment positioned for immediate use and long-term appeal, this home combines refreshed interiors, rental-ready convenience, and an unbeatable Inlet Beach location near Rosemary Beach and the Gulf.
Pending
$759,000
23 Grayling Way, Inlet Beach, FL 32461
3beds
1,772sqft
Est.:
Single Family Residence
Built in 2013
3,484.8 Square Feet Lot
$743,000 Zestimate®
$428/sqft
$54/mo HOA
What's special
New appliancesOpen inviting layoutExpanded and updated kitchenNew furniture
- 18 days |
- 1,914 |
- 138 |
Zillow last checked: 8 hours ago
Listing updated: February 27, 2026 at 10:47am
Listed by:
Sara M Reese 850-420-0425,
Compass,
Launa L Wallace 850-381-6862,
Compass
Source: ECAOR,MLS#: 995403
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Level: Second
- Area: 625 Square Feet
- Dimensions: 25 x 25
Bedroom
- Description: Guest Room 1
- Level: Second
- Area: 196 Square Feet
- Dimensions: 14 x 14
Bedroom
- Description: Guest Room 2
- Level: Second
- Area: 144 Square Feet
- Dimensions: 12 x 12
Dining room
- Level: First
- Area: 100 Square Feet
- Dimensions: 10 x 10
Kitchen
- Level: First
- Area: 120 Square Feet
- Dimensions: 10 x 12
Living room
- Level: First
- Area: 500 Square Feet
- Dimensions: 25 x 20
Heating
- Central
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Electric Water Heater
- Laundry: Washer/Dryer Hookup
Features
- Breakfast Bar, Kitchen Island, Pantry
- Flooring: Hardwood, Laminate, Tile
- Doors: Storm Door(s)
- Windows: Window Treatments
- Furnished: Yes
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,772
- Total interior livable area: 1,772 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage - Attached
- Attached garage spaces: 1
Features
- Stories: 2
- Patio & porch: Deck
- Exterior features: Outdoor Grill, Private Yard, Outdoor Shower
- Fencing: Privacy
Lot
- Size: 3,484.8 Square Feet
- Dimensions: 33 x 86 x 40 x 82 x 19
- Features: Level
Details
- Parcel number: 363S18168100000030
- Zoning description: Deed Restrictions
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Beach House
- Property subtype: Single Family Residence
Materials
- Siding CmntFbrHrdBrd
Condition
- Construction Complete,Renovated
- New construction: No
- Year built: 2013
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: Water View At Inlet Beach
HOA
- Has HOA: Yes
- Services included: Recreational Faclty, Trash
- HOA fee: $650 annually
Location
- Region: Inlet Beach
Financial & listing details
- Price per square foot: $428/sqft
- Tax assessed value: $697,102
- Annual tax amount: $4,745
- Date on market: 2/15/2026
- Road surface type: Paved
Estimated market value
$743,000
$706,000 - $780,000
$3,134/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/26/2026 | Pending sale | $759,000$428/sqft |
Source: | ||
| 2/15/2026 | Listed for sale | $759,000+2.7%$428/sqft |
Source: | ||
| 7/1/2025 | Listing removed | $739,000$417/sqft |
Source: | ||
| 4/8/2025 | Price change | $739,000-15.5%$417/sqft |
Source: | ||
| 8/1/2024 | Listed for sale | $875,000$494/sqft |
Source: | ||
| 6/5/2024 | Listing removed | -- |
Source: | ||
| 11/14/2023 | Listing removed | $875,000$494/sqft |
Source: | ||
| 11/9/2023 | Listed for sale | $875,000$494/sqft |
Source: | ||
| 4/5/2023 | Listing removed | -- |
Source: | ||
| 1/25/2023 | Price change | $875,000-2.8%$494/sqft |
Source: | ||
| 11/9/2022 | Listed for sale | $900,000+143.2%$508/sqft |
Source: | ||
| 11/6/2019 | Sold | $370,000-1.3%$209/sqft |
Source: | ||
| 10/9/2019 | Pending sale | $375,000$212/sqft |
Source: Berkshire Hathaway HomeServices PenFed Realty #831847 Report a problem | ||
| 9/22/2019 | Listed for sale | $375,000+11.3%$212/sqft |
Source: Berkshire Hathaway HomeServices PenFed Realty #831847 Report a problem | ||
| 8/14/2017 | Sold | $337,000-6.4%$190/sqft |
Source: Public Record Report a problem | ||
| 6/24/2017 | Listed for sale | $359,900+52.8%$203/sqft |
Source: Rintala Realty Inc #778196 Report a problem | ||
| 8/20/2013 | Sold | $235,530$133/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,085 +5.5% | $432,453 +10% |
| 2023 | $4,821 +20.1% | $393,139 +10% |
| 2022 | $4,014 +27.6% | $357,399 +10% |
| 2021 | $3,145 +1.9% | $324,908 +5.1% |
| 2020 | $3,085 +13.4% | $309,069 +12.8% |
| 2019 | $2,720 | $273,917 +3.8% |
| 2018 | $2,720 +3.4% | $263,843 +1.2% |
| 2017 | $2,631 +8.4% | $260,834 +25.7% |
| 2016 | $2,428 +17% | $207,430 +4.1% |
| 2015 | $2,076 +2.5% | $199,186 +6.7% |
| 2014 | $2,025 | $186,686 +1104.4% |
| 2013 | -- | $15,500 +30.5% |
| 2012 | -- | $11,875 -5% |
| 2011 | -- | $12,500 -46.8% |
| 2010 | -- | $23,500 -66.4% |
| 2009 | -- | $70,000 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$4,234/mo
Principal & interest
$3592
Property taxes
$588
HOA Fees
$54
Climate risks
Neighborhood: 32461
Nearby schools
GreatSchools rating
- 10/10Bay Elementary SchoolGrades: K-5Distance: 6.4 mi
- 8/10Emerald Coast Middle SchoolGrades: 6-8Distance: 8.6 mi
- 8/10South Walton High SchoolGrades: 9-12Distance: 12.8 mi
Schools provided by the listing agent
- Elementary: Dune Lakes
- Middle: Emerald Coast
- High: South Walton
Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







