409 E Water St, Inlet Beach, FL 32461
Property image
Property image
OFF MARKET

$10,422,600

Trulia Estimate
  • 5 Beds
  • 6 Baths
  • 3,663 sqft

409 E Water St, Inlet Beach, FL 32461

Rosemary Beach
Est. Refi. Payment $62,289/mo*
Refinance Your Home
Currently Off Market - Sold Jul 28, 2017 for $7,350,000

Home Value

Trulia Estimate
$10.4M
Since last month
Decreased$169K (-1.6%)
Since last year
Increased$612K (+6.3%)
Since last sale
Increased$3M (+41.4%)
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 +48% in the last 10 years
MonthEstimated value
2026
November 2026$10.4M
October 2026$10.49M
September 2026$10.57M
August 2026$10.6M
July 2026$10.39M
June 2026$10.86M
May 2026$10.55M
April 2026$10.4M
March 2026$10.44M
February 2026$10.51M
January 2026$9.7M
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
403 W Water St, Inlet Beach, FL
0.12
Single-Family Home
$7,500,000
11/21/25
5
6
4,592
188 Round Rd, Inlet Beach, FL
0.17
Single-Family Home
$5,250,000
07/28/26
5
6
3,733
24 Saint Georges Ln, Inlet Beach, FL
0.21
Single-Family Home
$5,700,000
01/06/26
6
6
3,465
116 Longue Vue Dr, Inlet Beach, FL
0.37
Single-Family Home
$6,100,000
11/24/25
5
5.5
4,403
132 E Kingston Rd, Rosemary Beach, FL
0.29
Single-Family Home
$3,910,000
08/17/26
5
5.5
3,042
25 Falmouth Ln, Inlet Beach, FL
0.04
Single-Family Home
$15,000,000
01/28/26
4
4
3,214
16 S Green Turtle Ln, Inlet Beach, FL
0.05
Single-Family Home
$4,300,000
12/01/25
4
3.5
3,072
171 Round Rd, Inlet Beach, FL
0.19
Single-Family Home
$6,550,000
05/08/26
7
8
4,100
20 E WATER ST, Rosemary Beach, FL
0.27
Single-Family Home
$4,300,000
05/12/26
4
4.5
2,741
26 Atwoods Ct, Inlet Beach, FL
0.17
Single-Family Home
$7,835,000
03/17/26
4
4.5
2,465

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
409 E Water St, Rosemary Beach, FL 32461
0.02
$9,871,700
6
6
3,663
Off Market
387 E Water St, Inlet Beach, FL 32461
0.02
$6,290,900
4
3.5
2,854
Off Market
77 S Green Turtle Lane, Rosemary Beach, FL 32461
0.02
$5,458,900
5
6
4,139
Off Market
41 S Green Turtle Ln, Inlet Beach, FL 32461
0.02
$5,964,700
4
5
484
Off Market
77 S Green Turtle Ln, Inlet Beach, FL 32461
0.02
$20,604,900
6
6
4,017
Off Market
427 E Water St, Inlet Beach, FL 32461
0.02
$9,844,000
6
5.5
3,628
Off Market
78 S Green Turtle Ln, Inlet Beach, FL 32461
0.03
$17,426,000
6
6.5
5,563
Off Market
388 E Water St, Inlet Beach, FL 32461
0.03
$4,256,400
4
4
2,808
Off Market
18 S Green Turtle Ln, Rosemary Beach, FL 32461
0.03
-
-
-
-
Off Market
26 Falmouth Ln, Inlet Beach, FL 32461
0.03
$13,950,200
4
5
5,155
Off Market
29 S Green Turtle Ln, Inlet Beach, FL 32461
0.03
$4,759,600
5
6.5
3,600
Off Market
440 E Water St, Inlet Beach, FL 32461
0.03
$5,241,500
5
5.5
3,582
Off Market
365 E Water Street, Rosemary Beach, FL 32461
0.03
$8,733,300
6
5.5
4,409
Off Market
280 Roseamry Ave, Rosemary Beach, FL 32461
0.04
$5,991,800
5
6.5
3,438
Off Market
92 Rosemary Ave, Inlet Beach, FL 32461
0.04
$5,789,200
5
6
484
Off Market
32 S Green Turtle Ln, Inlet Beach, FL 32461
0.04
$4,298,800
5
4.5
484
Off Market
32 S Green Turtle Ln #20-4, Rosemary Beach, FL 32461
0.04
$4,741,900
5
4.5
3,180
Off Market
125 Hope Town Ln, Inlet Beach, FL 32461
0.04
$11,467,800
4
4
3,770
Off Market
125 Hopetown Ln #19-2, Panama City Beach, FL 32413
0.04
-
-
-
-
Off Market
365 E Water St, Rosemary Beach, FL 32461
0.04
$8,298,500
6
6
3,956
Off Market

Local Information

  • Map ViewExplore the area around 409 E Water St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 2002
3,663 sqft
$2,845/sqft
Garage

About this House

Come experience luxury beach living in this spectacular ready to move in home located one tier off the gulf. Pristine, amazing water views from the entire second level living, kitchen, dining, master suite and huge outdoor balcony. Exquisitely and newly renovated throughout and impeccably designed interiors by Melanie Turner have raised the bar for Rosemary Beach living. Elegant open kitchen features calacatta gold marble surfaces and appliances to suit every gourmet chef and entertainers delight. Stunning large master suite with gulf views from the moment you open your eyes. Additional home features; 6B\7BA, a carriage house with full kitchen and bedroom, two car garage, courtyards and porches everywhere and room to add a private pool.
409 E Water St, Inlet Beach, FL 32461 is a 5 bedroom, 6 bathroom, 3,663 sqft single-family home in Rosemary Beach, built in 2002. It last sold for $7,350,000 on Jul 28, 2017. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $10,422,600.

Home Details for 409 E Water St

Interior Features

Levels, Entrance, & Accessibility
Stories: 2Floors: Tile
Appliances & Utilities
DishwasherDisposalDryerMicrowaveRefrigeratorWasher
Heating & Cooling
Air ConditioningCooling System: Central
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: OtherExterior: Wood
Parking & Garage
GarageParking Spaces: 2Parking: Garage Detached

Property Information

Year Built
Year Built: 2002Year Updated: 2002
Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Community

Units in Building: 1

Lot Information

Lot Area: 5663 sqft

Price and Tax history

DateEventPrice
Jul 28, 2017
Source: CPAR #661417
Sold
$7,350,000
Jun 1, 2016
Source: Agent Provided
ListingRemoved
$7,995,000
May 18, 2016
Source: Agent Provided
Listed For Sale
$7,995,000
Jan 23, 2015
Source: ECAOR #716689
Sold
$5,900,000
Oct 24, 2014
Source: Agent Provided
Listed For Sale
$6,790,000

Market trends in Inlet Beach

Last updated September 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$1.55M
$69.17KMoM
Sale-to-List Price
95.8%
0.2%MoM
Price per sq ft
$749
$35MoM
Available listings
440
6MoM
Sourced by Trulia Market Trends

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 409 E Water St

  • What is 409 E Water St estimated to be worth?
    Trulia's estimated value for 409 E Water St in Inlet Beach, FL is $10,422,600.
  • What is the price history for 409 E Water St?
    409 E Water St in Inlet Beach, FL last sold for $7,350,000 in July 2017.
  • Is Inlet Beach a buyer's or seller's market?
    Inlet Beach is currently a seller'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 $1.55M. That is down $69.17K from the prior month.
  • Does 409 E Water St have air conditioning?
    Yes, 409 E Water St in Inlet Beach, FL has air conditioning.
  • Does 409 E Water St have laundry facilities?
    Yes, 409 E Water St in Inlet Beach, FL has in-unit laundry.

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