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74 Governors Ct Unit W402, Inlet Beach, FL, 32461

2beds
2baths
1,353sqft
$3,250,000
$2,402price/sqft
$20,087/moest. monthly cost
$803,480/yrincome needed

About This Home

Top floor 2BR/2BA condo in Alys Beach. Fantastic views! Centrally located at the Whitby in town center. Large open floor plan with expansive windows allowing for abundant natural light. Generously sized living space perfect for relaxing, entertaining or spending time with family. The private balcony features views over the Amphitheatre to the Gulf of Mexico. An amazing opportunity to become part of the Alys Beach community and enjoy the fantastic amenities including the owners only Beach Club, the stunning Caliza Pool and the state of the art fitness center, Zuma. Perfect for a second home or investment property. Sold fully furnished and move-in ready!

Getting Around

30
WalkingCar-Dependent
0
TransitVery Limited Transit
50
BikeBikeable

Schools

10/10
Bay Elementary SchoolGrades K-55.0 mi
8/10
8/10
South Walton High SchoolGrades 9-1211.2 mi

Construction

Condition

  • Property condition: Construction Complete
  • Year built: 2021

Materials

  • Construction materials: Block,Concrete,Stucco

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Refrigerator

Bedroom

  • Level: First
  • Area: 132
  • Dimensions: 12 x 11

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Area

  • Level: First
  • Area: 405.81
  • Dimensions: 24.3 x 16.7

Heating

  • Heating features: Natural Gas

Interior Area

  • Total structure area: 1,353
  • Total interior livable area: 1,353 sqft

Kitchen

  • Level: First
  • Area: 148.774
  • Dimensions: 14.6 x 10.2

Master Bedroom

  • Level: First
  • Area: 181.2
  • Dimensions: 15.1 x 12

Property

Details

  • Parcel number: 263S181644000W4020

Features

  • Exterior features: Balcony
  • On waterfront: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Lightning
    LightningRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Inland Flooding
    Inland FloodingModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Coastal Flooding
Inland Flooding
Tornado
Tsunami

FEMA Declared Disasters in Walton County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $16,433$197,196
Home Insurance *$340$4,080
Property Taxes $3,117$37,404
Electricity $197$2,366
Total$20,087$241,044
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$688,697/yr
40% on housing$602,610/yr
45% on housing$535,653/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 16.1%
16.1%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 8.0%
8.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$2,402This listing

vs Other Active Listings

Avg $/sqft

ZIP 32461$712
Walton County$481

vs Homes Sold Last Month

Median $/sqft

ZIP 32461$589
Walton County$400

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2024-06-03Listed for sale$3,250,000
2022-09-28Sold$2,835,000

For Sale by Agent

AgentTosha Corrigan Group
BrokerageKeller Williams Realty SRB

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