Listing provided courtesy of EXP Realty LLC- MLS# 995700MLS Provider

135 Grayling WayInlet Beach, FL 32461

Single Family · 3 Beds · 2 Full Baths · 1 Half Bath · 1,772 Sq. ft. | 0.07 Acres
$664,900 Active

135 Grayling Way Overview

Time on Site:
130 days
Visits:
1

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.

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135 Grayling Way Facts & Features

  • Type Single Family
  • Sq. ft. 1,772
  • Price/Sq.ft. $375
  • Lot 0.07 Acres

Details

General

Association/HOA

  • Association Fee Includes: Master Association
  • Association: true

School Information

  • Elementary School: Dune Lakes
  • Middle Or Junior School: Emerald Coast
  • High School: South Walton

Listing Information

  • Buyer Financing: Conventional,FHA,VA,Other

Building Information

  • New Construction: false
  • Year Built: 2014

Location/Region

  • County Or Parish: Walton
  • MLS Area Major: 18 - 30A East
  • MLS Area Minor: 1805 - N of Hwy 98
  • Subdivision Name: WATERVIEW AT INLET BEACH

Community/Development

  • Community Features: Pets Allowed

Tax Information

  • Tax Annual Amount: 3191.19
  • Tax Year: 2025

General Information

  • Parcel Number: 36-3S-18-16810-000-0160
  • Property Condition: Construction Complete
  • Property Sub Type: Detached Single Family
  • Property Type: Residential
  • Zoning: Resid Single Family

Interior

Parking Information

  • Garage Spaces: 1.0

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms Total: 3
  • Bedrooms Total: 3

Building Interior

  • Building Area Source: County PA Records
  • Building Area Total: 1772.0

General Information

  • Appliances: Auto Garage Door Opn,Dishwasher,Disposal,Microwave,Oven Self Cleaning,Refrigerator,Refrigerator W/IceMk,Smoke Detector,Stove/Oven Electric,Water Heater - Elect
  • Interior Features: Breakfast Bar,Floor Allowance,Kitchen Island,Lighting Recessed,Owner's Closet,Washer/Dryer Hookup
  • Rooms Total: 6
  • Stories: 2
  • Window Features: Window Treatmnt Some,Double Pane Windows

Exterior

Parking Information

  • Parking Features: Garage

Lot Information

  • Lot Features: Covenants,Interior,Restrictions
  • Lot Size Dimensions: 40 x 80
  • Lot Size Square Feet: 3049.2
  • Lot Size Units: Acres
  • Road Surface Type: Paved

Building Exterior/Construction

  • Architectural Style: Beach House
  • Attached Garage: true

General Information

  • Carport: false
  • Exterior Features: Fenced Back Yard,Shower
  • Fencing: Fenced Lot-All
  • Utilities: Electric,Phone,Public Water,TV Cable

Room Information

Room: Dining Area

  • Level: First
  • Dimensions: 11 x 10
  • Length: 11.00
  • Width: 10.00

Room: Dining Area

  • Level: First
  • Dimensions: 11 x 10
  • Length: 11.00
  • Width: 10.00

Room: Dining Area

  • Level: First
  • Dimensions: 11 x 10
  • Length: 11.00
  • Width: 10.00

Room: Family Room

  • Level: First
  • Dimensions: 20 x 13
  • Length: 20.00
  • Width: 13.00

Room: Family Room

  • Level: First
  • Dimensions: 20 x 13
  • Length: 20.00
  • Width: 13.00

Room: Family Room

  • Level: First
  • Dimensions: 20 x 13
  • Length: 20.00
  • Width: 13.00

Room: Garage

  • Level: First
  • Dimensions: 18 x 11
  • Length: 18.00
  • Width: 11.00

Room: Garage

  • Level: First
  • Dimensions: 18 x 11
  • Length: 18.00
  • Width: 11.00

Room: Garage

  • Level: First
  • Dimensions: 18 x 11
  • Length: 18.00
  • Width: 11.00

Room: Kitchen

  • Level: First
  • Dimensions: 11 x 10
  • Length: 11.00
  • Width: 10.00

Room: Kitchen

  • Level: First
  • Dimensions: 11 x 10
  • Length: 11.00
  • Width: 10.00

Room: Kitchen

  • Level: First
  • Dimensions: 11 x 10
  • Length: 11.00
  • Width: 10.00

Room: Bedroom

  • Level: Second
  • Dimensions: 12 x 11
  • Length: 12.00
  • Width: 11.00

Room: Bedroom

  • Level: Second
  • Dimensions: 12 x 11
  • Length: 12.00
  • Width: 11.00

Room: Bedroom

  • Level: Second
  • Dimensions: 12 x 11
  • Length: 12.00
  • Width: 11.00

Room: Master Bedroom

  • Level: Second
  • Dimensions: 15 x 14
  • Length: 15.00
  • Width: 14.00

Room: Master Bedroom

  • Level: Second
  • Dimensions: 15 x 14
  • Length: 15.00
  • Width: 14.00

Room: Master Bedroom

  • Level: Second
  • Dimensions: 15 x 14
  • Length: 15.00
  • Width: 14.00

135 Grayling Way Neighborhood

Community

32461 (Inlet Beach) Demographics

0
Median Age
27
Population Density (per sq. mile)
100%
College Educated
$0
Estimated Median Income
16
Estimated Total Home Owners
Estimated Total Renters
100% / 0%
Estimated Owner / Renter Divide
0
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

135 Grayling Way Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

135 Grayling Way Market Data

Based on the last 30 days in this zip code

$2,789,895
Average List Price
$968
Average Price per Square Foot
68
Properties Sold
125
Average Days on Market
597
Properties for Sale
Calculations provided by Reliance Network

135 Grayling Way History

Date Event Value Agent
6/16/2026Source: Emerald Coast MLS Price Reduction
$664,900 -3.6%
5/24/2026Source: Emerald Coast MLS Price Reduction
$689,900 -1.4%
4/16/2026Source: Emerald Coast MLS Price Reduction
$699,900 -2.8%
3/13/2026Source: Emerald Coast MLS Price Reduction
$719,900 -4.0%
2/19/2026Source: Emerald Coast MLS Added to Database
February 19, 2026