387 E Water St, Inlet Beach, FL 32461
OFF MARKET

$6,171,100

Trulia Estimate
  • 4 Beds
  • 3.5 Baths
  • 2,854 sqft

387 E Water St, Inlet Beach, FL 32461

Rosemary Beach
Est. Refi. Payment $37,471/mo*
Refinance Your Home
Currently Off Market - Sold Nov 1, 1997 for $440,000

Home Value

Trulia Estimate
$6.17M
Since last month
Increased$172K (+2.9%)
Since last year
Increased$832K (+15.6%)
Since last sale
Increased$6M (+1,302.5%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +66% in the last 10 years
MonthEstimated value
2026
August 2026$6.17M
August 2026$6.11M
July 2026$6M
June 2026$6.19M
May 2026$6.02M
April 2026$6.03M
March 2026$6.1M
February 2026$6.09M
January 2026$5.52M
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
16 S Green Turtle Ln, Inlet Beach, FL
0.06
Single-Family Home
$4,300,000
12/01/25
4
3.5
3,072
25 Falmouth Ln, Inlet Beach, FL
0.03
Single-Family Home
$15,000,000
01/28/26
4
4
3,214
6 Barbados Ln, Inlet Beach, FL
0.47
Single-Family Home
$775,000
12/09/25
4
2.5
2,249
71 Atticus Rd, Inlet Beach, FL
0.21
Single-Family Home
$3,075,000
07/02/26
4
3.5
2,397
137 Seacrest Beach Blvd E, Inlet Beach, FL
0.46
Single-Family Home
$1,600,000
04/23/26
4
4
2,294
173 W Willow Mist Rd, Inlet Beach, FL
0.49
Single-Family Home
$1,052,000
01/08/26
4
3.5
2,114
67 Lifeguard Loop E, Inlet Beach, FL
0.37
Single-Family Home
$1,425,000
10/20/25
4
3.5
2,112
20 E WATER ST, Rosemary Beach, FL
0.27
Single-Family Home
$4,300,000
05/12/26
4
4.5
2,741
182 E KINGSTON RD, Inlet Beach, FL
0.26
Single-Family Home
$3,125,000
12/19/25
4
3.5
2,214
137 Seacrest Beach Blvd E #E, Rosemary Beach, FL
0.46
Single-Family Home
$1,600,000
04/22/26
4
3.5
2,294

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
25 Falmouth Ln, Inlet Beach, FL 32461
0.03
$15,000,000
4
4
3,214
Recently Sold
16 S Green Turtle Ln, Inlet Beach, FL 32461
0.06
$4,300,000
4
3.5
3,072
Recently Sold
106 Rosemary Ave, Inlet Beach, FL 32461
0.03
$4,120,700
4
4
2,250
Off Market
118 Hope Town Ln, Inlet Beach, FL 32461
0.08
$6,078,700
4
4
3,248
Off Market
67 Hopetown Ln, Rosemary Beach, FL 32461
0.08
$2,944,600
4
4.5
2,369
Off Market
38 S Cartagena Ln, Inlet Beach, FL 32461
0.05
$16,614,500
4
4.5
4,506
Off Market
21 Round Rd, Rosemary Beach, FL 32461
0.07
$3,396,300
5
4.5
2,850
Off Market
5 Main St #2C, Rosemary Beach, FL 32461
0.10
$1,820,000
2
2
785
Recently Sold
2D The Savannah, Rosemary Beach, FL 32461
0.11
$2,287,600
3
3.5
1,801
Off Market
72 Main St #2A, Rosemary Beach, FL 32461
0.12
$2,850,000
1
1
839
For Sale
82 S Barrett Sq #3E, Inlet Beach, FL 32461
0.11
$2,375,000
3
3
2,053
For Sale
17 Hope Town Ln, Inlet Beach, FL 32461
0.11
$3,631,200
5
4
2,218
Off Market

Local Information

  • Map ViewExplore the area around 387 E Water St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 2001
2,854 sqft
$2,162/sqft
Garage

About this House

This single-family home is located at 387 E Water St, Inlet Beach, FL. 387 E Water St is in the Rosemary Beach neighborhood in Inlet Beach, FL and in ZIP code 32461. This property has 4 bedrooms, 4 bathrooms and approximately 2,854 sqft of floor space. This property has a lot size of 5532 sqft and was built in 2001.
387 E Water St, Inlet Beach, FL 32461 is a 4 bedroom, 4 bathroom, 2,854 sqft single-family home in Rosemary Beach, built in 2001. It last sold for $440,000 on Nov 1, 1997. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $6,171,100, with a rent estimate of $6,880/month.

Home Details for 387 E Water St

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2Floors: Tile, Hardwood
Interior Details
Types of Rooms: Dining Room, Family Room, Laundry Room, Master BathWet BarCeiling Fan
Appliances & Utilities
Cable ReadyDishwasherDisposalDryerMicrowaveRefrigeratorWasher
Fireplace & Spa
FireplaceJetted Bath Tub
Windows, Doors, Floors & Walls
Double Paned Windows
Security
Security System

Exterior Features

Exterior Home Features
Roof: MetalDeckExterior: Cement ConcreteGardenPatioPorchSprinkler System
Parking & Garage
GarageParking: Garage Detached

Property Information

Year Built
Year Built: 2001Year Updated: 2001
Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Community

Units in Building: 1

Lot Information

Lot Area: 5532 sqft

Price and Tax history

DateEventPrice
Nov 1, 1997
Source: N/A
Sold
$440,000

Market trends in Inlet Beach

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$1.61M
$40KMoM
Sale-to-List Price
95.7%
0.1%MoM
Price per sq ft
$714
$117MoM
Available listings
433
21MoM

Around this home

Neighborhood Overview

Rosemary Beach
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Rosemary Beach

  • Brucedwhite
    "There is no commute. The community was designed to maximize walk ability and discourage automobile traffic. It is a model New Urbanism neighborhood."
    3
    Flag
  • Josephine B.
    "the Gulf of Mexico, that's why you want the be here. Emerald waters of the beautiful Gulf of Mexico invite you to enjoy it's warm waters and long streches of white sandy beaches. Remember to bring sunscreen "
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 387 E Water St

  • What is 387 E Water St estimated to be worth?
    Trulia's estimated value for 387 E Water St in Inlet Beach, FL is $6,171,100.
  • What is the price history for 387 E Water St?
    387 E Water St in Inlet Beach, FL last sold for $440,000 in November 1997.
  • Is Inlet Beach a buyer's or seller's market?
    Inlet Beach is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Inlet Beach?
    The median sale price in Inlet Beach is $1.61M. That is up $40K from the prior month.
  • Does 387 E Water St have air conditioning?
    Yes, 387 E Water St in Inlet Beach, FL has air conditioning.
  • Does 387 E Water St have laundry facilities?
    Yes, 387 E Water St in Inlet Beach, FL has in-unit laundry.

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