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135 Grayling Way
Inlet Beach, FL 32461

$749,900

Beds: 3
Baths: 2 | 1
Sq. Ft.: 1,772
Type: House
IDX Image
Listing #995700
Perfectly positioned in the heart of Inlet Beach within the desirable Water View subdivision, 135 Grayling Way offers a true turnkey opportunity along the iconic Scenic Highway 30A corridor. Just minutes from Rosemary Beach and only .3 mile from your doorstep to the sand, this fully furnished 3 bedroom, 3 bathroom beach home blends comfort, quality, and investment potential. Thoughtfully updated and impeccably maintained, this property has never been rented and reflects exceptional owner care, including seasonal pressure washing, proactive whole-home maintenance, active termite bond, and professional landscape upkeep. Recent improvements include updated HVAC units, new hot water heater, outdoor shower, rain gutters, fenced backyard with covered entertaining oasis, and added storage closets for enhanced functionality. Inside, the open and inviting layout comfortably accommodates multiple guests, making it ideal as a primary residence, second home, or income-producing short-term rental. Rental projections exceed $85,000 annually!!!, offering strong income potential from day one. Generous storage throughout sets this home apart from typical beach properties, adding practical convenience for both owners and guests. Outdoor living spaces create the perfect setting to unwind after a day on the Gulf, whether rinsing off under the outdoor shower, gathering around the fire in the evening, or relaxing beneath the covered patio. An extra-wide bike path just around the corner connects seamlessly to 30Avenue and extends over the bridge toward Panama City Beach. Pedestrian access through the nearby tunnel allows safe and easy passage beneath Highway 98 toward 30A and Rosemary Beach. Beach access is effortless via Inlet Beach Regional Beach Access at the southern end of South Orange Street, the largest access point in Walton County. Amenities include ample parking, restrooms, showers, and expansive natural dunes. Just offshore lies Grouper Reef, a popular artificial snorkel reef approximately 970 feet from shore, known for vibrant marine life including fish, dolphins, and sea turtles. Nature lovers will appreciate being just one mile from Camp Helen State Park, home to Lake Powell, one of the largest and rare coastal dune lakes in North America. Enjoy kayaking, paddleboarding, and exploring preserved coastal landscapes. The eastern end of 30A also provides quick access to Pier Park shopping and dining, as well as Northwest Florida Beaches International Airport (ECP) for convenient travel. With nearby beach access just .3 mile away, a location that consistently commands demand, and a fully furnished, move-in-ready property positioned for immediate rental income, 135 Grayling Way delivers exceptional value along 30A. Whether you're seeking a personal coastal retreat or a high-performing investment property, this Inlet Beach home offers refreshed interiors, rental-ready convenience, and a prime location near Rosemary Beach and the Gulf.
Property Features
Location Information
County: Walton
Sub Area: 1805 N of Hwy 98
MLS Area: 30A East
Latitude: 30.278084
Longitude: -86.005402
Project Name/Subdivision: WATERVIEW AT INLET BEACH
Directions: Go N on N Orange st, turn left on Grayling way house will be on the left
Interior Features
Total Rooms: 6
Interior: Breakfast Bar, Floor Allowance, Kitchen Island, Lighting Recessed, Washer/Dryer Hookup
Full Baths: 2
1/2 Baths: 1
Cooling: Ceiling Fans, Central Air
Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Microwave, Oven Self Cleaning, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Water Heater - Elect
Exterior Features
Style: Beach House
Stories: 2
Exterior: Fenced Back Yard, Shower
Parking Description: Garage
Has Garage: Yes
Garage Spaces: 1
Lot Features: Covenants, Interior, Restrictions
Lot Size in Acres: 0.07
Lot Size in Sq. Ft.: 3,049
Dimensions: 40 x 80
Zoning: Resid Single Family
Condition: Construction Complete
Has Waterfront: No
Is One Story: No
School
Elementary School: Dune Lakes
Middle School: Emerald Coast
High School: South Walton
Additional Information
Property Type: SFR
Year Built: 2014
Status: Active
Home Owners Association: Y
HOA Fee: $650
HOA Frequency: Annually
HOA Includes: Master Association
Tax Year: 2025
Tax Amount: $3,191.19
Community Features: Pets Allowed


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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Listing Courtesy of EXP Realty LLC
© 2026 Emerald Coast Association of REALTORS®. All rights reserved.
Copyright 2026 Emerald Coast Association of REALTORS®. All rights reserved.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is Deemed Reliable, but is Not Guaranteed Accurate by the Emerald Coast Association of REALTORS® MLS. (iHomefinder, Inc Member Number 28165)
ECAR MLS data last updated at February 19, 2026, 3:12 PM CT