About This Home

This 4-bedroom, 5-bathroom single family at 198 E Water Street in Inlet Beach, FL is listed for $3,749,500 ($1,426 per sqft). Built in 2012, the home offers 2,629 sqft of living space on a 0.06 acres lot.

Key Features

  • Built in 2012
  • 0.06 acre lot
  • 3 stories
  • 4 parking spaces
  • Fireplace

Property Details

3 stories
4 full, 1 half
4 spaces
2012

Amenities

FireplaceA/C
Listing Description

Welcome home to this beautifully refreshed cottage and carriage house in the heart of Rosemary Beach, where timeless coastal charm meets effortless 30A living. Thoughtfully updated, the main residence features freshly painted interiors, brand-new countertops, refreshed appliances, and a bright, open-concept living and kitchen area designed for gathering with family and friends.

Offering three bedrooms and three-and-a-half baths in the main cottage, along with a separate one-bedroom, one-bath carriage house, the property provides a versatile layout with plenty of space for family and guests. Step outside to your own private retreat, where a heated pool surrounded by lush tropical landscaping creates an inviting setting for relaxing afternoons, outdoor entertaining, and evenings after a day at the beach.

Ideally located just moments from the beautiful beaches and emerald waters of the Gulf, along with Rosemary Beach's boutique shopping, acclaimed dining, and charming town center, this home places the best of the community right outside your door. Whether enjoyed as a second home, vacation retreat, or investment property, this refreshed Rosemary Beach cottage offers an exceptional opportunity to own and enjoy a special piece of one of 30A's most sought-after communities.

Monthly Cost Estimate

$21,645/mo

20% down · 6.5% · 30 years

Principal$2,712
Interest$16,248
Insurance$1,094
HOA$1,592

Estimates only. Actual payments may vary.

Location

198 E Water Street

Inlet Beach, FL 32461

ROSEMARY BEACH

Features & Amenities

Interior Features

Breakfast BarBuilt-In BookcasesCeiling BeamedCeiling RaisedFireplaceFireplace 2+Guest QuartersKitchen IslandLighting RecessedLighting TrackOwner's ClosetShelvingSplit BedroomWasher/Dryer HookupWet BarWoodwork Painted

Exterior Features

Rain GutterBalconyBBQ Pit/GrillFenced Back YardPool - Gunite Concrt

Property Details

Flooring

TileCarpet

Construction

Concrete Block

Outdoor Features

PatioPorch

Parking

Covered

Heating

Central

Cooling

Central Air

Appliances

Auto Garage Door OpnCooktopDishwasherDisposalDryerMicrowaveOven Self CleaningRefrigerator W/IceMkSmoke DetectorStove/Oven GasWasherWine RefrigeratorWater Heater - Gas

Questions & Answers

This 4-bedroom, 5-bathroom single family at 198 E Water Street is listed at $3,749,500 ($1,426/sqft). The estimated monthly payment is $21,646 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $1592/month.

Key features include: Built in 2012, 0.06 acre lot, 3 stories, 4 parking spaces, Fireplace. Interior Features: Breakfast Bar, Built-In Bookcases, Ceiling Beamed. Exterior Features: Rain Gutter, Balcony, BBQ Pit/Grill.

This property is listed by Stephen M McGrath and can be reached at 6155944557.

SM

Stephen M McGrath

License 3509938

Agent at Rosemary Beach Realty, Inc.

(615) 594-4557

Listed by Rosemary Beach Realty, Inc. · Broker phone: (850) 278-2000 · View on Broker Site

MLS# 1008286· Source: Emerald Coast Association of Realtors· 59 days on PropertySimple

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.

198 E Water Street, Inlet Beach, FL 32461

Open this listing in: