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

427 E Water St
Inlet Beach, FL 32461

Rosemary Beach
  • 6 Beds
  • 5.5 Baths
  • 3,628 sqft

$9,894,900

Trulia Estimate
as of Jun 4, 2026
Est. Refi. Payment $57,103/mo*

$9,894,900

Trulia Estimate
as of Jun 4, 2026
Est. Refi. Payment $57,103/mo*
6 Beds
5.5 Baths
3,628 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

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.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.

Home Highlights

Parking
Garage
Outdoor
Porch, Patio, Deck, Pool
View
No Info
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

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 History for 427 E Water St

DatePriceEventSource
07/21/2021$7,637,000Sold
ECAOR #835988
01/14/2021ListingRemovedECAOR
12/28/2020$8,200,000PriceChange
Agent Provided
05/14/2020$8,100,000PriceChange
Agent Provided
11/27/2019$8,300,000Listed For SaleAgent Provided
03/28/2019$8,500,000ListingRemovedAgent Provided
01/11/2019$8,500,000PriceChange
Agent Provided
07/15/2018$8,900,000Listed For SaleAgent Provided
02/13/2018$7,000,000Sold
N/A
11/07/2017$7,500,000ListingRemovedAgent Provided
10/03/2017$7,500,000Listed For SaleAgent Provided
02/29/2012$3,000,000Sold
N/A
05/07/2011$3,999,000PriceChange
Agent Provided
03/12/2011$4,450,000Listed For SaleAgent Provided

Market trends in Inlet Beach

Last updated April 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$1.41M
$12.5K
MoM
Sale-to-List Price
95.7%
1.7%
MoM
Price per sq ft
$669
$10
MoM
Available listings
464
15
MoM
Skip to last item
  • Results are loading
Skip to first item

Property Tax and Assessment

Year2024
Tax$84,002
Assessment$9,232,861
Home facts updated by county records

Comparable Sales for 427 E Water St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.10
Single-Family Home
$7,500,000
11/21/25
5
6
4,592
0.21
Single-Family Home
$6,815,000
07/17/25
6
5
3,135
0.23
Single-Family Home
$5,700,000
01/06/26
6
6
3,465
0.23
Single-Family Home
$4,450,000
08/15/25
6
5.5
3,400
0.06
Single-Family Home
$15,000,000
01/28/26
4
4
3,214
0.04
Single-Family Home
$4,300,000
12/01/25
4
3.5
3,072
0.35
Single-Family Home
$6,100,000
11/24/25
5
5.5
4,403
0.21
Single-Family Home
$6,550,000
05/08/26
7
8
4,100
0.18
Single-Family Home
$5,235,000
09/12/25
5
5.5
2,691
0.39
Single-Family Home
$3,875,000
06/18/25
5
5.5
3,741

Nearby homes

Get a sense of prices in the area by checking nearby homes.
Skip to last item
Skip to first item

Neighborhood Overview

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."
  • 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 "

LGBTQ Local Legal Protections

Explore by feature

Homes for sale near 427 E Water St

Skip to last item
Skip to first item

Off Market Homes Near 427 E Water St

Skip to last item
Skip to first item

Homes for rent near 427 E Water St

Skip to last item
Skip to first item
427 E Water St, Inlet Beach, FL 32461 is a 6 bedroom, 6 bathroom, 3,628 sqft single-family home built in 2002. 427 E Water St is located in Rosemary Beach, Inlet Beach. This property is not currently available for sale. 427 E Water St was last sold on Jul 21, 2021 for $7,637,000. The current Trulia Estimate for 427 E Water St is $9,894,900.