$3,750,000

198 E Water St Alys Beach, FL 32461

Estimated payment $23,252/month

Total Views 23,387
4 Beds
4.5 Baths
2,629 Sq Ft
$1,426 Price per Sq Ft

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

Logan Horne

Destin Luxury Real Estate and Rental License #3377412 Listed on: 10/08/2024

Destin Luxury Real Estate and Rental

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,824

Year Built

Built in 2012

Lot Details

0

HOA Fees

$472 per month

Parking

1

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.06
  • Lot Size: 30X75
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: ROSEMARY BEACH
  • Directions: Heading East on Hwy 30, Turn Left onto E Water Street. Home Will be on the Left. Park in back of home On Trimingham Ln.
  • Architectural Style: Beach House
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2012
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Rooms:Living Room: Yes
  • Utilities:Tap Fee Paid: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:AC - 2 or More: Yes
  • Utilities:Gas - Natural: Yes
  • Utilities:Underground: Yes
  • Energy:Water Heater - Gas: Yes
  • Rooms:Separate Apartment: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Furnished: Furnished - All
  • Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Gas, Washer, Wine Refrigerator, Water Heater - Gas
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Fireplace Gas
  • Fireplace: Yes
  • Flooring: Floor Tile, Floor WW Carpet
  • Interior Amenities: Breakfast Bar, Built-In Bookcases, Ceiling Beamed, Ceiling Raised, Fireplace, Fireplace 2+, Guest Quarters, Kitchen Island, Lighting Recessed, Lighting Track, Owner's Closet, Shelving, Split Bedroom, Washer/Dryer Hookup, Wet Bar, Woodwork Painted
  • Window Features: Window Treatment All
  • Interior:WasherDryer Hookup: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Interior:Lighting Track: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Split Bedroom: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Furnished - All: Yes
  • Interior:Floor WW Carpet: Yes
  • Interior:Lighting Recessed: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Woodwork Painted: Yes
  • Appliances:Wine Refrigerator: Yes
  • Interior:Fireplace Gas: Yes
  • Interior:Shelving: Yes
  • Interior:Built-In Bookcases: Yes
  • Interior:Wet Bar: Yes
  • Interior:Fireplace: Yes
  • Interior:Ceiling Beamed: Yes
  • Interior:Guest Quarters2: Yes
  • Interior:Fireplace 2: Yes

Exterior Features

  • Fencing: Fenced Privacy
  • Lot Features: Interior
  • Pool Features: Pool - Heated, Pool Type
  • Construction Type: Concrete, Block
  • Exterior Features: Rain Gutter, Balcony, BBQ Pit/Grill, Fenced Back Yard, Pool - Gunite Concrt
  • Other Structures: Guest Quarters
  • Patio And Porch Features: Patio Open, Porch Open
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Lot Features:Interior: Yes
  • ConstructionSiding:Block: Yes
  • ConstructionSiding:Concrete: Yes
  • Exterior:Balcony: Yes
  • Exterior:Patio Open: Yes
  • Exterior:Porch Open: Yes
  • Exterior:Pool - Heated: Yes
  • Exterior:Fenced Back Yard: Yes
  • Exterior:Fenced Privacy: Yes
  • Exterior:BBQ PitGrill: Yes
  • Exterior:Rain Gutter: Yes
  • Exterior:Guest Quarters: Yes
  • Exterior:Pool - Gunite Concrt: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Covered
  • General Property Info:Garage2: Yes
  • Parking Features:Garage Attached: Yes
  • Appliances:Auto Garage Door Opn: Yes
  • Parking Features:Covered: Yes

Utilities

  • Cooling: Ceiling Fans, Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electric, Gas - Natural, Public Water, Tap Fee Paid, TV Cable, Underground
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Beach, Deed Access, Exercise Room, Fishing, Pets Allowed, Pool, Tennis, TV Cable, Waterfront
  • Association #2 Fee: 1415.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Management, Master Association, Recreational Faclty, Security

Schools

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

Lot Info

  • Lot Size Sq Ft: 2613.6
  • Parcel #: 35-3S-18-16064-032-0030
  • Zoning: Resid Single Family

Tax Info

  • Tax Annual Amount: 24823.85
  • Tax Year: 2023

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

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
Source: Emerald Coast Association of REALTORS®

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
Source: Public Records

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
Source: Public Records

Similar Homes in Alys Beach, FL

  • 87 Seacrest Dr, Alys Beach, FL 32461

    $3,795,000

    • 5 Beds
    • 6 Baths
    • 5,248 Sq Ft
    • 87 Seacrest Dr
    • Alys Beach, FL

    Discover this exquisite custom home on the east end of Scenic Highway 30A in Seacrest Beach, FL. Fully furnished with high-end interiors by the 30A Design Group, this luxurious beach residence offers an expansive lot with an impressive pool deck and generous outdoor living spaces, perfect for enjoying the coastal lifestyle. With projected annual rental revenue exceeding $250K, this property is

    Hilary Farnum-Fasth Corcoran Reverie SRB

    Section Image
  • 87 Bourne Ln, Alys Beach, FL 32461

    $4,099,000

    • 5 Beds
    • 4 Baths
    • 2,828 Sq Ft
    • 87 Bourne Ln
    • Alys Beach, FL

    Nestled in a peaceful cul-de-sac, this beautiful home in Rosemary Beach offers the perfect blend of privacy and coastal charm. Just a 5-minute walk along a scenic wooden boardwalk will take you to the stunning turquoise waters of the Gulf. Recently professionally decorated and meticulously maintained, this home isn't currently a vacation rental, though rental projections can be

    Miriam Dillon Team Rosemary Beach Realty LLC

    Section Image
  • 59 W Water St, Alys Beach, FL 32461

    $3,699,000

    • 4 Beds
    • 4.5 Baths
    • 2,907 Sq Ft
    • 59 W Water St
    • Alys Beach, FL

    Serene and sophisticated, this impeccable 4BR/4.5BA Rosemary Beach retreat with carriage home is in a premium location overlooking the Cabana pool and park, steps from the Town Center, and a short walk to the beach. Freshly refurbished and newly furnished throughout, the design of this home invites gathering and relaxation with three levels of beautifully designed spaces. The reverse floor plan

    Greg Alsobrook Watersound Real Estate

    Section Image
  • 250 Beach Bike Way, Alys Beach, FL 32461

    $3,250,000

    • 6 Beds
    • 6.5 Baths
    • 3,773 Sq Ft
    • 250 Beach Bike Way
    • Alys Beach, FL

    Stunning new construction completed in November 2024 on an oversized secluded lot that backs to federally protected wetlands and a nature trail make this home a a tranquil retreat. This spacious home is a perfect primary residence, second home, or a high performing rental property that already has $125k for 2025 rental Bookings. This home checks all the boxes - light filled large main house, with

    Jo Ellen Grau The Premier Property Group Seacrest Office

    Section Image
  • 638 N Walton Lakeshore Dr, Alys Beach, FL 32461

    $3,750,000

    • 5 Beds
    • 5 Baths
    • 3,975 Sq Ft
    • 638 N Walton Lakeshore Dr
    • Alys Beach, FL

    Rare Lakefront Gem in Inlet Beach - Ideal for a Second Home or Full-Time Coastal LivingWelcome to 638 N Walton Lakeshore, a one-of-a-kind opportunity to own the only lakefront home currently available on this sought-after street in beautiful Inlet Beach. Whether you're searching for a serene second home or your forever coastal escape, this property offers the perfect blend of luxury, privacy,

    The Simpson Group Christies International Real Estate Emerald Coast

    Section Image
  • 64 Emerald Cove Ln S, Alys Beach, FL 32461

    $3,950,000

    • 6 Beds
    • 6.5 Baths
    • 4,015 Sq Ft
    • 64 Emerald Cove Ln S
    • Alys Beach, FL

    Coastal Luxury with Private Gated Beach AccessWelcome to 64 Emerald Cove Lane S—where privacy, elegance, and coastal charm meet in one of the most exclusive enclaves on 30A. Nestled in the heart of Inlet Beach, this stunning residence offers deeded access to a privately owned, gated beach, ensuring your family and guests can enjoy the sugar-white sands and emerald waters with peace,

    Summit Group Compass

    Section Image
  • 46 N Charles St, Alys Beach, FL 32461

    $4,360,000

    • 3 Beds
    • 3.5 Baths
    • 2,612 Sq Ft
    • 46 N Charles St
    • Alys Beach, FL

    Enviably located in the heart of Alys Beach, this architectural masterpiece combines elegant sophistication with peace and privacy. Designed by architect Steve Mouzon, it has a central courtyard around which all the other rooms are arranged. It creates an exceptional private sanctuary for the ultimate indoor-outdoor lifestyle. A glass door opens into the eat-in kitchen and spacious open floor

    Penny Jackson Scenic Sotheby's International Realty

    Section Image
  • 45 N Charles St, Alys Beach, FL 32461

    $4,395,000

    • 3 Beds
    • 3.5 Baths
    • 2,268 Sq Ft
    • 45 N Charles St
    • Alys Beach, FL

    This classic Alys Beach courtyard home design by Gary Justiss Architect is located on iconic N. Charles Street. This three bedroom, three and one half bath home offers a first floor primary suite, a generous courtyard with pool and summer kitchen, open loggias, and a rooftop terrace. Professional interior designs by Betsy Brown give the interiors a tasteful and contemporary feel. Interior details

    Robbie Roberts Alys Beach Properties Llc

    Section Image
  • 170 Walton Bonita Dr, Alys Beach, FL 32461

    $3,875,000

    • 4 Beds
    • 4.5 Baths
    • 3,993 Sq Ft
    • 170 Walton Bonita Dr
    • Alys Beach, FL

    Welcome to The Palm Parlour! This vibrant and unique beach retreat is tucked away within the exclusive community of Sand Cliffs on the Gulf, located on the sought-after East end of 30A. This stunning home features 4 bedrooms + bunks and 4.5-bathrooms, plus bonus media room and library loft boasting across 3,993 sqft of living space. Stepping inside, you are greeted by the beautifully designed

    Michaelanne Lauderdale Inlet Beach Real Estate

    Section Image

Source: Emerald Coast Association of REALTORS®

MLS Number: 960675

Emerald Coast Association of REALTORS®

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