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332 Water St

Inlet Beach, FL 32461

3 bd 4 ba 3,228 sqft Built 2004 Lot 4,792 sqft single_family
Most recent sale
$4,945,000
Sep 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 12, 2022 Sold $4,945,000 Public Record
Aug 2, 2022 Listed $4,995,000 MLS #905060
Nov 15, 2021 Sold $3,750,000 Public Record
Oct 26, 2021 Price changed $3,975,000 MLS #877704
Jul 23, 2021 Listed $4,100,000 MLS #877704
Sep 15, 2017 Sold $3,120,000 MLS #769651
Feb 20, 2017 Listed $3,250,000 MLS #769651
Sep 11, 2015 Listed $3,400,000 MLS #738063
Mar 31, 2014 Listed $2,795,000 MLS #702154
Jan 22, 2003 Sold $575,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $2,904,432 $1,050,000 $3,954,432 $35,731
2023 $2,998,752 $905,000 $3,903,752 $35,471
2022 $2,659,065 $805,619 $3,464,684 $31,754
2021 $2,027,953 $671,088 $2,699,041 $26,126
2020 $1,952,752 $613,961 $2,566,713 $25,622
2019 $1,958,130 $596,079 $2,554,209 $25,366
2018 $1,928,245 $578,718 $2,506,963 $24,997
2017 $1,325,160 $562,368 $1,887,528 $17,979
2016 $1,037,473 $540,738 $1,578,211 $15,793
2015 $972,607 $505,363 $1,477,970 $14,846
2014 $1,390,262 $13,947
2013 $827,921 $363,178 $1,191,099 $12,355
2012 $1,191,099 $11,557
2011 $1,152,284 $11,086
2010 $1,187,389 $11,452
2009 $1,517,109 $13,601
2008 $1,639,094 $13,631

Property facts

Year built
2004
Property type
single_family
Stories
3
Beds
3
Baths
4
Living area
3,228 sqft
Lot size
4,792 sqft
ZIP code
32461
City
Inlet Beach
Street
Water St
Coordinates
30.27958, -86.01847

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$29,670
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 332 Water St last sell?
332 Water St most recently sold on Sep 12, 2022 for $4,945,000.
What is the current tax assessment for 332 Water St?
The most recent total assessment for 332 Water St (year 2025) is $3,954,432 with $35,731 in property tax.
How does 332 Water St's assessment compare to its last sale price?
The current assessment is 20.0% below the last sale price of $4,945,000.
When was 332 Water St built?
332 Water St was built in 2004.
How does 332 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 332 Water St?
332 Water St is a 3 bed, 4 bath, 3,228 sqft, 4,792 sqft lot single_family.
Is 332 Water St a flip candidate?
Yes — 332 Water St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 332 Water St a tax-appeal candidate?
No — 332 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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