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

$9,835,600

Trulia Estimate
  • 6 Beds
  • 5.5 Baths
  • 3,628 sqft

427 E Water St, Inlet Beach, FL 32461

Rosemary Beach
Est. Refi. Payment $57,639/mo*
Refinance Your Home
Currently Off Market - Sold Jul 21, 2021 for $7,637,000

Home Value

Trulia Estimate
$9.84M
Since last month
$3K (0%)
Since last year
Increased$545K (+5.9%)
Since last sale
Increased$2M (+28.8%)
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 +75% in the last 10 years
MonthEstimated value
2026
August 2026$9.84M
July 2026$9.84M
June 2026$10.23M
May 2026$9.89M
April 2026$9.8M
March 2026$9.78M
February 2026$9.84M
January 2026$9.21M
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
0.10
Single-Family Home
$7,500,000
11/21/25
5
6
4,592
24 Saint Georges Ln, Inlet Beach, FL
0.23
Single-Family Home
$5,700,000
01/06/26
6
6
3,465
188 Round Rd, Inlet Beach, FL
0.19
Single-Family Home
$5,250,000
07/28/26
5
6
3,733
25 Falmouth Ln, Inlet Beach, FL
0.06
Single-Family Home
$15,000,000
01/28/26
4
4
3,214
16 S Green Turtle Ln, Inlet Beach, FL
0.04
Single-Family Home
$4,300,000
12/01/25
4
3.5
3,072
116 Longue Vue Dr, Inlet Beach, FL
0.35
Single-Family Home
$6,100,000
11/24/25
5
5.5
4,403
171 Round Rd, Inlet Beach, FL
0.21
Single-Family Home
$6,550,000
05/08/26
7
8
4,100
132 E Kingston Rd, Rosemary Beach, FL
0.29
Single-Family Home
$3,910,000
08/17/26
5
5.5
3,042
166 Geoff Wilder Ln, Inlet Beach, FL
0.18
Single-Family Home
$5,235,000
09/12/25
5
5.5
2,691
20 E WATER ST, Rosemary Beach, FL
0.26
Single-Family Home
$4,300,000
05/12/26
4
4.5
2,741

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
0.06
$15,000,000
4
4
3,214
Recently Sold
16 S Green Turtle Ln, Inlet Beach, FL 32461
0.04
$4,300,000
4
3.5
3,072
Recently Sold
106 Rosemary Ave, Inlet Beach, FL 32461
0.06
$4,088,400
4
4
2,250
Off Market
118 Hope Town Ln, Inlet Beach, FL 32461
0.04
$6,049,000
4
4
3,248
Off Market
67 Hopetown Ln, Rosemary Beach, FL 32461
0.05
$2,891,600
4
4.5
2,369
Off Market
38 S Cartagena Ln, Inlet Beach, FL 32461
0.09
$16,614,500
4
4.5
4,506
Off Market
21 Round Rd, Rosemary Beach, FL 32461
0.08
$3,349,400
5
4.5
2,850
Off Market
5 Main St #2C, Rosemary Beach, FL 32461
0.08
$1,820,000
2
2
785
Recently Sold
2D The Savannah, Rosemary Beach, FL 32461
0.08
$2,244,900
3
3.5
1,801
Off Market
72 Main St #2A, Rosemary Beach, FL 32461
0.08
$2,850,000
1
1
839
For Sale
82 S Barrett Sq #3E, Inlet Beach, FL 32461
0.10
$2,395,000
3
3
2,053
For Sale
17 Hope Town Ln, Inlet Beach, FL 32461
0.10
$3,601,800
5
4
2,218
Off Market

Local Information

  • Map ViewExplore the area around 427 E Water St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
2002
Living Area
3,628 sqft
Price/Sqft
$2,711
Parking
Garage

About this House

This single-family home is located at 427 E Water St, Inlet Beach, FL. 427 E Water St is in the Rosemary Beach neighborhood in Inlet Beach, FL and in ZIP code 32461. This property has 6 bedrooms, 6 bathrooms and approximately 3,628 sqft of floor space. This property has a lot size of 5694 sqft and was built in 2002.
427 E Water St, Inlet Beach, FL 32461 is a 6 bedroom, 6 bathroom, 3,628 sqft single-family home in Rosemary Beach, built in 2002. It last sold for $7,637,000 on Jul 21, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $9,835,600, with a rent estimate of $7,834/month.

Home Details for 427 E Water St

Interior Features

Heating & Cooling
Heating: Heat Pump, GasAir ConditioningCooling System: CentralHeating Fuel: Heat Pump
Levels, Entrance, & Accessibility
Stories: 3ElevatorFloors: Hardwood
Appliances & Utilities
Cable ReadyDishwasherDisposalDryerMicrowaveRefrigeratorWasher
Fireplace & Spa
Fireplace
Security
Security System
Interior Details
Ceiling Fan

Exterior Features

Exterior Home Features
Roof: Shake ShingleDeckExterior: Wood, Cement ConcretePatioPorch
Pool
Pool
Parking & Garage
GarageParking: Garage

Property Information

Year Built
Year Built: 2002Year Updated: 2002
Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Furnished

Community

Units in Building: 1

Lot Information

Lot Area: 5532 sqft

Additional Information

Intercom

Building

Fitness & Sports
Tennis Court

Price and Tax history

DateEventPrice
Jul 21, 2021
Source: ECAOR #835988
Sold
$7,637,000
Jan 14, 2021
Source: ECAOR
ListingRemoved
Dec 28, 2020
Source: Agent Provided
PriceChange
$8,200,000
Price increased by 1%
May 14, 2020
Source: Agent Provided
PriceChange
$8,100,000
Price decreased by 2%
Nov 27, 2019
Source: Agent Provided
Listed For Sale
$8,300,000

Market trends in Inlet Beach

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$1.57M
$95KMoM
Sale-to-List Price
95.7%
0.1%MoM
Price per sq ft
$597
$7MoM
Available listings
454
1MoM

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 427 E Water St

  • What is 427 E Water St estimated to be worth?
    Trulia's estimated value for 427 E Water St in Inlet Beach, FL is $9,835,600.
  • What is the price history for 427 E Water St?
    427 E Water St in Inlet Beach, FL last sold for $7,637,000 in July 2021.
  • 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 $1.57M. That is up $95K from the prior month.
  • Does 427 E Water St have air conditioning?
    Yes, 427 E Water St in Inlet Beach, FL has air conditioning.
  • Does 427 E Water St have a pool?
    Yes, 427 E Water St in Inlet Beach, FL has a pool.

Explore by feature - Pet Friendly

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Explore by feature - Pool

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Explore by feature - Outdoor Space

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Apartments for Rent

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Off Market Homes Near 427 E Water St

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