Welcome to 306 W Park Place Avenue, where contemporary luxury meets the best of beach living. This brand-new, professionally designed home is fully furnished with impeccable style, offering breathtaking Gulf views from nearly every room—a rare feature that ensures your view will remain pristine. With 5 bedrooms and 5.5 bathrooms, this property seamlessly blends modern convenience with coastal charm. Located just steps from the beach boardwalk, you can easily access the stunning shoreline, putting you just moments away from the sand and surf. The main living area is located on the second floor, where an expansive, open-concept layout invites natural light to flood the space. The spacious living room flows effortlessly into the chefs kitchen, designed for both functionality and elegance, featuring high-end appliances, custom cabinetry, and a large central island perfect for preparing meals or gathering with friends. Perfect for entertaining, the living area opens up to an expansive balcony with a summer kitchen and built-in grill. Imagine preparing dinner while enjoying stunning views of the Gulfa true chefs dream. The luxurious primary suite on the third floor offers an unmatched retreat, where you can wake up to the tranquil sight of the Gulf. The private, spa-inspired bathroom features a walk-in shower with views of the ocean, while a large walk-in closet provides ample space for your wardrobe. Two additional bedrooms are outfitted with custom-built bunk beds, ideal for guests or family, offering both style and space. Every detail of this home has been crafted with the highest standards of design, from the sleek finishes to the seamless flow between indoor and outdoor spaces. Whether youre relaxing in one of the beautifully appointed bedrooms, enjoying the Gulf breeze on your private balcony, or taking a few steps to the beach, 306 W Park Place Avenue offers the perfect blend of luxury and coastal living. This is a rare opportunity to own a beachfront home with such breathtaking views and exceptional design. Schedule your private showing today and step into your dream coastal lifestyle.
Lot: Corner Lot, Survey Available, Within 1/2 Mile to Water
Lot Size: 0.07 Acres
Utilities
Utilities Information:
Cooling: Ceiling Fan(s)
Other
Directions Information:
Directions: Head east on Highway 98 from Rosemary Beach. Turn right (south) onto Orange Street. House will be on the right side of the street at the corner of Orange and Park Place.
Price Information
Listing Price Info
Price Summary:
List Price: $4,250,000
Price Per SqFt: $1,494/SqFt
HOA Fees:
Amount: $830
Frequency: Quarterly
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Walton Beaches, FL.
This property is $3.2M more than the Median Sold Price and $959/SqFt more than other homes in Walton Beaches, FL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Emerald Coast Association of REALTORS®
MLS Number: #963742
Listing Office:
Office Name: Rosemary Beach Realty LLC
Office Email: amandah@rosemarybeach.com
Listing Agent: Stephen M McGrath
Information Deemed Reliable but not guaranteed. The information being provided is 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. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2024. All rights reserved. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/3/2024, 11:50:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$21.5K
Per Month
Principal & Interest
$21.2K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$276
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$12.8K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
West Bay Elementary School
14813 School Dr
Distance between this listing and this school8.74 miles
Public District Grades KG-5
7
/10
Dune Lakes Elementary School
6565 US Highway 98 E
Distance between this listing and this school9.37 miles
Public District Grades KG-5
5
/10
Hutchison Beach Elementary School
12900 Hutchison Blvd
Distance between this listing and this school11.23 miles
Public District Grades KG-5
Nearby Schools
6
/10
Emerald Coast Middle School
4019 US Highway 98 E
Distance between this listing and this school8.78 miles
Public District Grades 6-8
6
/10
Surfside Middle School
300 Nautilus St
Distance between this listing and this school10.14 miles
Public District Grades 6-8
7
/10
Breakfast Point Academy
601 N Richard Jackson Blvd
Distance between this listing and this school12.72 miles
Public District Grades KG-8
Nearby Schools
10
/10
Seaside Neighborhood School
10 Smolian Cir
Distance between this listing and this school8.63 miles
Public Charter Grades 5-12
5
/10
J.R. Arnold High School
550 N Alf Coleman Rd
Distance between this listing and this school12.39 miles
Public District Grades 9-12
7
/10
South Walton High School
645 Greenway Trl
Distance between this listing and this school12.76 miles
The neighbors living near this home have an average income of $93,868. Typical income of Walton Beaches, FL residents is between $35k-100k annually. Residents typically live in married, no kids family. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 306 W Park Place Ave
What is the listing price of this property?
The listing price of 306 W Park Place Ave property is $4,250,000.
What type of property is this?
The property 306 W Park Place Ave is a house located in Inlet Beach, Florida, 32461.
Is this property for sale now?
Active Listing: 306 W Park Place Ave is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 306 W Park Place Ave has 5 bedrooms and 5 full and 1 half bathrooms.
What is the square footage of this property?
The property 306 W Park Place Ave is 2,845 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 306 W Park Place Ave is 2024.
Interested in 306 W Park Place Ave? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 306 W Park Place Ave in Inlet Beach, FL and zip code 32461. This 2,845 square foot home, which was built in 2024, sits on a 0.07 acre lot. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since November 26, 2024 and is currently priced at $4,250,000.
In November 2024 more than 2 listings in Walton Beaches, FL were sold above the asking price. During the same period more than 16 listings were sold at asking price, while more than 117 were sold below. The number of listings in Walton Beaches, FL increased by 7.4% between October 2024 and November 2024. In November 2024, listings were on the market for 107 days. During the same period, the median list price in this real estate market was $1,043,657.
From Rocket Homes Real Estate and based on county public records data.