
198 E Water St Alys Beach, FL 32461
Estimated payment $23,252/month
Highlights
- Beach
- Deeded access to the beach
- Fishing
- Bay Elementary School Rated A-
- Gunite Pool
- Maid or Guest Quarters
About This Home
Seller is Motivated - Bring All Offers!
Welcome to your dream getaway in the heart of Rosemary Beach! This exquisite 4-bedroom, 4.5-bath coastal retreat offers the ultimate blend of luxury, comfort, and location—and the seller is ready to make a deal.
Just steps from the sugar-white sand beaches, this beautifully designed home features a private, heated pool surrounded by lush, tropical landscaping—your own private oasis for relaxation or entertaining. Inside, you'll love the bright, open-concept living space, complete with elegant quartz countertops, a chef-style gas stove, and high-end finishes throughout.
The charming carriage house adds even more value, perfect for hosting guests or generating rental income. Located just a short walk from boutique shops, dining, and everything Rosemary Beach has to offer, this home is ideal as a primary residence, second home, or investment property.
Homes like this rarely come available. Don't miss your chance to own in one of 30A's most desirable communities. Schedule your private tour today and bring your offer!
Listing Agent
Destin Luxury Real Estate and Rental License #3377412 Listed on: 10/08/2024

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $24,824
Year Built
- Built in 2012
Lot Details
- 2,614 Sq Ft Lot
- Lot Dimensions are 30x75
- Property fronts a private road
- Back Yard Fenced
- Interior Lot
HOA Fees
- $472 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Automatic Garage Door Opener
Home Design
- Beach House
- Concrete Siding
Interior Spaces
- 2,629 Sq Ft Home
- 3-Story Property
- Wet Bar
- Furnished
- Built-in Bookshelves
- Shelving
- Woodwork
- Beamed Ceilings
- Vaulted Ceiling
- Ceiling Fan
- Recessed Lighting
- Track Lighting
- Gas Fireplace
- Window Treatments
- Living Room
- Fire and Smoke Detector
Kitchen
- Breakfast Bar
- Gas Oven or Range
- Self-Cleaning Oven
- Microwave
- Ice Maker
- Dishwasher
- Wine Refrigerator
- Kitchen Island
- Disposal
Flooring
- Painted or Stained Flooring
- Wall to Wall Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Split Bedroom Floorplan
- En-Suite Primary Bedroom
- Maid or Guest Quarters
- In-Law or Guest Suite
- Dual Vanity Sinks in Primary Bathroom
- Separate Shower in Primary Bathroom
- Garden Bath
Laundry
- Dryer
- Washer
Outdoor Features
- Gunite Pool
- Deeded access to the beach
- Balcony
- Patio
- Built-In Barbecue
- Rain Gutters
- Porch
Schools
- Dune Lakes Elementary School
- Seaside Middle School
- South Walton High School
Utilities
- Multiple cooling system units
- Central Heating and Cooling System
- Underground Utilities
- Water Tap Fee Is Paid
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 35-3S-18-16064-032-0030
Community Details
Overview
- Association fees include accounting, management, master, recreational faclty, security
- Rosemary Beach Subdivision
Recreation
- Beach
- Tennis Courts
- Community Pool
- Fishing
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $24,824 | $2,779,759 | $775,000 | $2,004,759 |
2023 | $24,824 | $2,731,977 | $775,000 | $1,956,977 |
2022 | $18,381 | $2,290,780 | $568,576 | $1,722,204 |
2021 | $15,023 | $1,552,055 | $464,776 | $1,087,279 |
2020 | $10,834 | $1,464,108 | $425,212 | $1,038,896 |
2019 | $10,527 | $1,097,321 | $0 | $0 |
2018 | $10,365 | $1,076,861 | $0 | $0 |
2017 | $10,085 | $1,054,712 | $0 | $0 |
2016 | $9,966 | $1,033,019 | $0 | $0 |
2015 | $10,053 | $1,025,838 | $0 | $0 |
2014 | -- | $1,017,696 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/17/2025 07/17/25 | Price Changed | $3,750,000 | -1.3% | $1,426 / Sq Ft |
03/16/2025 03/16/25 | Price Changed | $3,800,000 | -1.9% | $1,445 / Sq Ft |
12/12/2024 12/12/24 | Price Changed | $3,875,000 | 0.0% | $1,474 / Sq Ft |
12/12/2024 12/12/24 | For Sale | $3,875,000 | -0.6% | $1,474 / Sq Ft |
11/29/2024 11/29/24 | Off Market | $3,900,000 | -- | -- |
10/30/2024 10/30/24 | Price Changed | $3,900,000 | -1.3% | $1,483 / Sq Ft |
10/08/2024 10/08/24 | For Sale | $3,950,000 | +10.0% | $1,502 / Sq Ft |
04/15/2022 04/15/22 | Sold | $3,590,000 | 0.0% | $1,366 / Sq Ft |
03/04/2022 03/04/22 | Pending | -- | -- | -- |
02/16/2022 02/16/22 | For Sale | $3,590,000 | -- | $1,366 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $3,590,000 | Rushing Law Firm Pllc | |
Warranty Deed | $2,224,950 | Emerald Coast Title Svcs Llc | |
Warranty Deed | -- | None Available | |
Deed | $100 | -- | |
Warranty Deed | -- | South Walton Title Inc |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $2,513,000 | New Conventional | |
Previous Owner | $1,779,960 | New Conventional | |
Previous Owner | $417,000 | No Value Available | |
Previous Owner | $450,000 | No Value Available |
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Source: Emerald Coast Association of REALTORS®
MLS Number: 960675

APN: 35-3S-18-16064-032-0030
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