Welcome to 228 Walton Magnolia Ln 3 - a cozy townhome exuding timeless charm, fulfilling any investor's dream. Nestled in the heart of Inlet Beach, this gem re-enters the market after meticulous repairs, including new decks, fresh paint, and more. Situated near the prestigious communities of Rosemary Beach and Lupin Beach, with Camp Hellen State Park and the Gulf of Mexico in eye's sight and 30Avenue's dining and shopping a mere 5-minute drive away, it is no wonder this piece of paradise is such a highly sought after vacation rental. With over $65K in rental revenue in 2022 and a neighboring unit earning almost $86K, now's your chance to secure a position just one tier back from the Gulf on 30A for under $1M. Schedule a showing today!
Property Features
Bedrooms
- Bedrooms: 2
- Bedroom 1 Dimensions: 1 x 1
- Bedroom 2 Dimensions: 1 x 1
- Bedroom 1 Level: 2
- Bedroom 2 Level: 2
Bathrooms
- Total Bathrooms: 2 / 1
- Full Bathrooms: 2
- 1/2 Bathrooms: 1
Interior Features
- Breakfast Bar
- Furnished - All
- Washer/Dryer Hookup
Appliances
Other Rooms
- Bedroom, Family Room, Kitchen
- Family Room Dimensions: 1 x 1
- Family Room Level: 1
Kitchen and Dining
- Kitchen Dimensions: 1 x 1
- Kitchen Level: First
Exterior and Lot Features
Garage and Parking
- Carport Spaces: 2
- Parking Features: Carport
Land Info
- Lot Description: Within 1/2 Mile to Water
- Lot Size Acres: 0.02
- Lot Size Dimensions: 18x37
- Lot Size Square Feet: 871
Homeowners Association
- Association: Yes
- Association Fee: 1200
- Association Fee Frequency: Annually
- Association Fee Includes: Accounting, Ground Keeping
- Calculated Total Monthly Association Fees: 100
School Information
- Elementary School: Dune Lakes
- High School: South Walton
- Middle School: Emerald Coast
Amenities and Community Features
Other Property Info
- Annual Tax Amount: 5535.83
- Source Listing Status: Active
- County: Walton
- Directions: Traveling East on HWY 98 from 30A, take right onto S Walton Lakeshore Drive. Traveling South, turn left onto Walton Magnolia Ln. Shoreline 9 Townhomes will be on the right at the end of the road.
- Tax Year: 2023
- Source Property Type: Residential
- Area: 18 - 30A East
- Property Subtype: townhouse
- Source Neighborhood: SHORELINE 9 T/H
- Parcel Number: 36-3S-18-16800-000-0030
- Subdivision: SHORELINE 9 T/H
- Zoning: Resid Single Family
- Property Subtype: Attached Single Unit
- Source System Name: C2C
Accessibility Features
- Access: City Road, Paved Road
Building and Construction
- Total Square Feet Living: 1080
- Year Built: 1984
- Property Age: 40
- Levels or Stories: 2.0
- House Style: Townhome
- Year Built Details: Construction Complete
Utilities
- Public Sewer
- Public Water
- Sewer Available
Home Features
- Energy: AC - Central Elect