135 Grayling Way, Inlet Beach, FL 32461

Beach home with rental potential in prime Inlet Beach location--just minutes from Rosemary Beach and Scenic 30A. Located in the sought-after Waterview at Inlet Beach, this well-maintained 3-bedroom, 2.5-bath home offers the ideal setup for a second home, vacation rental, or 1031 exchange investment. Enjoy low-maintenance living with recent updates including new HVAC systems and water heater, plus impact-rated windows and doors, hardwood floors, and a fully fenced yard with outdoor shower, bike racks, and pet-friendly features. Inside, the open-concept layout flows seamlessly to outdoor spaces perfect for entertaining or relaxing after a beach day. A spacious garage adds rare storage for beach gear, bikes, and golf carts. The quiet, low-density neighborhood is a favorite among full-time residents and savvy investors alike, with strong rental income potential. Take advantage of the new underpass connecting north Inlet Beach to Scenic Highway 30A for easy beach access and enjoy miles of protected bike trails leading to 30Avenue shops, dining, and the charm of Rosemary Beach. With no HOA dues, proximity to the Gulf of Mexico, and Florida's tax-friendly status, this is your opportunity to own a slice of the Emerald Coast lifestyle with built-in value and long-term upside.