204 Water St
Inlet Beach, FL 32461
4 bd 4 ba 2,644 sqft Built 2001 Lot 3,485 sqft single_family
Most recent sale
$3,525,000
Oct 13, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 13, 2022 | Sold | $3,525,000 | Public Record |
| Aug 19, 2022 | Listed | $3,700,000 | MLS #906382 |
| Apr 9, 2009 | Sold | $605,000 | Public Record |
| Jul 10, 2008 | Listed | $1,075,000 | MLS #483867 |
| Jul 31, 1998 | Sold | $115,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $1,561,443 | $850,000 | $2,411,443 | $21,789 |
| 2023 | $1,737,215 | $775,000 | $2,512,215 | $22,827 |
| 2021 | $797,431 | $488,015 | $1,285,446 | $12,443 |
| 2020 | $765,790 | $446,472 | $1,212,262 | $12,101 |
| 2019 | $724,754 | $433,468 | $1,158,222 | $11,502 |
| 2018 | — | — | $1,111,393 | $11,152 |
| 2017 | $698,720 | $408,954 | $1,107,674 | $10,510 |
| 2016 | $651,144 | $393,225 | $1,044,369 | $9,844 |
| 2015 | $606,002 | $367,500 | $973,502 | $9,228 |
| 2014 | — | — | $862,271 | $8,392 |
| 2013 | $547,663 | $142,423 | $690,086 | $7,158 |
| 2012 | — | — | $537,528 | $5,216 |
| 2011 | — | — | $519,005 | $4,993 |
| 2010 | — | — | $534,208 | $5,152 |
| 2009 | — | — | $782,057 | $7,011 |
| 2008 | — | — | $745,455 | $5,885 |
Property facts
Year built
2001
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
2,644 sqft
Lot size
3,485 sqft
ZIP code
32461
City
Inlet Beach
Street
Water St
Coordinates
30.27991, -86.01369
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$21,150
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 204 Water St last sell?
204 Water St most recently sold on Oct 13, 2022 for $3,525,000.
What is the current tax assessment for 204 Water St?
The most recent total assessment for 204 Water St (year 2025) is $2,411,443 with $21,789 in property tax.
How does 204 Water St's assessment compare to its last sale price?
The current assessment is 31.6% below the last sale price of $3,525,000.
When was 204 Water St built?
204 Water St was built in 2001.
How does 204 Water St compare to others on Water St?
We track 8 other properties on Water St. Browse the list under "Other properties on Water St" to compare beds, baths, and sale history.
What are the property facts for 204 Water St?
204 Water St is a 4 bed, 4 bath, 2,644 sqft, 3,485 sqft lot single_family.
Is 204 Water St a flip candidate?
No — 204 Water St does not appear in our flips dataset.
Is 204 Water St a tax-appeal candidate?
No — 204 Water St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.8%
Implied 1-yr
+3.1%
2026 Q3
$2.47M
2026 Q4
$2.49M
ZIP 32461 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Water St