135 Grayling Way, Inlet Beach

$664,900

3 Beds
3 Baths
1,772 Sqft
.07 Acre
1 Garage

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.

Essential Information
MLS® #995700
Price$664,900
Sold Price$630,000
Date Sold$2026-07-31
Bedrooms3
Bathrooms3.00
Full Baths2
Half Baths1
Square Footage1,772
Acres0.07
Year Built2014
TypeResidential
Sub-TypeDetached Single Family
StyleBeach House
StatusSold
Community Information
Address135 Grayling Way
Area18 - 30A East
SubdivisionWATERVIEW AT INLET BEACH
CityInlet Beach
CountyWalton
StateFL
Zip Code32461
Amenities
ParkingGarage Door Opener, Garage
# of Garages1
Utilities

Electric, Phone, Public Sewer, Public Water, TV Cable

Interior
CoolingCentral Air, Ceiling Fan(s)
# of Stories2
Interior Features

Breakfast Bar, Floor Allowance, Kitchen Island, Recessed Lighting, Owner's Closet, Washer/Dryer Hookup

Appliances

Dishwasher, Disposal, Microwave, Refrigerator, Electric Water Heater

Exterior
Exterior FeaturesPrivate Yard, Outdoor Shower
RoofShingle
FoundationSlab
Lot Description

Covenants, Interior Lot, Restrictions

Windows

Double Pane Windows, Window Treatments

School Information
ElementaryDune Lakes
MiddleEmerald Coast
HighSouth Walton
Additional Information
Days on Website238
ZoningResid Single Family
Listing Details
OfficeEXP Realty LLC
Property History
Price Reduced from $689,900 to $664,900
Price Reduced from $699,900 to $689,900
Price Reduced from $719,900 to $699,900
Price Reduced from $749,900 to $719,900
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All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2026, All rights reserved.

Listing information last updated on October 15th, 2026 at 12:52am CDT.