135 Grayling Way, Inlet Beach, FL 32461

• 3 beds |
• 3 baths |
• 1,772 sqft

Property Description

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 $60,000+ 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.

Listing Status:

Active

Date Added:

February 19, 2026

Data Last Updated:

April 2, 2026 at 7:22AM

Listing Office:

EXP Realty LLC : 888-883-8509

Listing Agent:

Steve E Philpot : 850-517-0284

MLS ID:

995700

Interior

• General: Breakfast BarFloor AllowanceKitchen IslandRecessed LightingOwner's ClosetWasher/Dryer Hookup
• Appliances: DishwasherDisposalMicrowaveRefrigeratorElectric Water Heater
• Flooring: Hardwood
• A/C: Central AirCeiling Fan(s)

Exterior

• General: Private YardOutdoor Shower
• Style: Beach House
• Parking: Garage Door OpenerGarage

Construction

• Windows: Double Pane WindowsWindow Treatments
• General: 2Slab

Location

• Road/Access: Paved
• Golf: Pets Allowed
• Originating MLS: Emerald Coast Association of REALTORS®
• County: Walton

Lot

• Zoning: Resid Single Family36-3S-18-16810-000-0160
• Fencing: Fenced Lot-All

Utilities

• Water: 0

Financial

• Source: Emerald Coast Association of REALTORS®