A unique opportunity is available to buy a bank-owned property located only a block away from the jewel toned waters of the Gulf of Mexico at Inlet Beach. This could be the story of the ugly duckling and the swan. The “ugly duckling” in this case is an unusual octagonal shaped home located here that is not by any means ugly, but has a very creative different design. The “swan” of value is the vacant property around it that is at a highly sought after location in a prestigious residential community located at the far end of South Walton’s Scenic 30A, known as Inlet Beach. The neighboring homes around it are multi-million dollar mansions and it is just an arrow’s shot away from the premier community of Rosemary Beach. This gives you an awesome location with a capital “L” and the never wavering real estate mantra will tell you that value is ALL about location.
Inlet Beach serves as the eastern gateway to the privileged picturesque world of Scenic 30A. It is bordered on the north and east by Lake Powell, which happens to be the largest coastal dune lake in northwest Florida, and one of the largest in the world. Coastal Dune Lakes support a huge amount of natural wildlife of all kinds due to a hybrid composition of water that is half fresh water mixed and half salt. A sugary dune separates the lovely lake from the open gulf and periodically it opens and closes to create the exotic mix of water. These lakes are precious and found in very few other parts of the entire world. The glistening gulf borders the southern end of Inlet Beach and this property is just a short stroll away. This community is centered at the juncture of the Emerald Coast Parkway and the beginning of Scenic 30A, which is burgeoning with new growth. A new hotel and two upscale shopping centers with fashionable retail specialty stores and restaurants have been recently established here.
This pre-existing octagonal “starter home” has two bedrooms and two baths that encompass almost 1,000 square feet. It may eventually serve as a perfect little guesthouse when a main residence is built here. The eight-sided structure provides lots of light since windows are located all the way around its center.
A vaulted cathedral ceiling greatly enhances the space and parchment toned tile-flooring flows throughout. The open floor design also accentuates the look and includes a kitchen with stainless steel appliances and granite countertops. The property itself has been partially landscaped.
There are currently 109 homes for sale at Inlet Beach with prices that go all the way up to $25,000,000. The average price for homes listed at Inlet Beach stands at $1,241,224. This home is listed at $850,000. Contact our Ocean Reef Real Estate office today for more details, a professional consultation and make an appointment to check it out at (877) 392-6085.