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277 Water St

Inlet Beach, FL 32461

3 bd 3 ba 1,992 sqft Built 1997 Lot 3,920 sqft single_family
Most recent sale
$3,150,000
Sep 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 21, 2022 Sold $3,150,000 Public Record
Sep 13, 2022 Sold $3,150,000 EmeraldCoast
Jul 22, 2022 Listed $3,195,000 MLS #903990
Aug 9, 2016 Sold $1,365,000 MLS #753424
May 20, 2016 Listed $1,499,000 MLS #753424
Jun 25, 1996 Sold $84,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,786,906 $1,050,000 $2,836,906 $25,633
2023 $1,283,184 $905,000 $2,188,184 $19,882
2021 $735,244 $648,340 $1,383,584 $13,393
2020 $708,693 $593,149 $1,301,842 $12,996
2019 $695,721 $575,873 $1,271,594 $12,628
2018 $678,567 $559,100 $1,237,667 $12,341
2017 $675,610 $543,304 $1,218,914 $12,081
2016 $535,174 $522,408 $1,057,582 $10,486
2015 $497,150 $488,232 $985,382 $9,813
2014 $906,412 $9,108
2013 $428,569 $350,867 $779,436 $8,085
2012 $794,002 $7,704
2011 $758,080 $7,293
2010 $801,706 $7,733
2009 $1,046,274 $9,380
2008 $1,156,585 $9,618

Property facts

Year built
1997
Property type
single_family
Stories
3
Beds
3
Baths
3
Living area
1,992 sqft
Lot size
3,920 sqft
ZIP code
32461
City
Inlet Beach
Street
Water St
Coordinates
30.27882, -86.01400

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$18,900
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 277 Water St last sell?
277 Water St most recently sold on Sep 21, 2022 for $3,150,000.
What is the current tax assessment for 277 Water St?
The most recent total assessment for 277 Water St (year 2025) is $2,836,906 with $25,633 in property tax.
How does 277 Water St's assessment compare to its last sale price?
The current assessment is 9.9% below the last sale price of $3,150,000.
When was 277 Water St built?
277 Water St was built in 1997.
How does 277 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 277 Water St?
277 Water St is a 3 bed, 3 bath, 1,992 sqft, 3,920 sqft lot single_family.
Is 277 Water St a flip candidate?
No — 277 Water St does not appear in our flips dataset.
Is 277 Water St a tax-appeal candidate?
No — 277 Water St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.8%
Implied 1-yr
+3.1%
2026 Q3
$2.47M
2026 Q4
$2.49M
ZIP 32461 — Median Price History + Forecast

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