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115 Walton Palm Rd, Inlet Beach, FL, 32461

--beds
--baths
1,640sqft
$569,000
$347price/sqft
$3,382/moest. monthly cost
$135,280/yrincome needed

About This Home

Location , Location , Location .61 acres for one dream home or many! Your choice!. This land is a rare find in inlet beach. Over a half acre right in inlet beach close to 30A, shopping , lake powell and the Gulf. Loads of New construction homes near by There is a structure on the land but it is a tear down this is Strickly for LAND VALUE ONLY . A lot this size is rare for sure and owner is ready to let it go after 40 plus years. Builders, investors or building a custom dream home here in inlet beach? this is your lot!.

Getting Around

20
WalkingCar-Dependent
0
TransitVery Limited Transit
48
BikeSomewhat Bikeable

Schools

10/10
Bay Elementary SchoolGrades K-56.3 mi
8/10
8/10
South Walton High SchoolGrades 9-1212.7 mi

Construction

Condition

  • Year built: 1945

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cabin
  • Property subType: Single Family Residence

Interior

Interior Area

  • Total structure area: 1,640
  • Total interior livable area: 1,640 sqft

Property

Details

  • Parcel number: 363S18161000000421
  • Special condition: Listed As-Is

Lot

  • Lot size: 0.61 Acres
  • Features: Paved
  • Lot size dimensions: 138.0 ft x 192.0 ft

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
    LightningVery High
  • Tornado
    TornadoRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Tornado
Coastal Flooding
Cold Wave
Heat Wave
Inland Flooding
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 $2,877$34,524
Home Insurance *$59$708
Property Taxes $249$2,988
Electricity $197$2,366
Total$3,382$40,584
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$115,954/yr
40% on housing$101,460/yr
45% on housing$90,186/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

$347This listing

vs Other Active Listings

Avg $/sqft

ZIP 32461$735
Walton County$484

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
2026-07-23Listed for sale$569,000
2025-12-12Listing removed$550,000
2025-11-06Price change$550,000
2025-10-21Pending sale$579,000
2025-10-07Price change$579,000
2025-08-07Price change$589,000
2025-07-16Listed for sale$599,000
2025-06-11Contingent$624,900
2025-06-01Price change$624,900
2025-05-08Price change$674,000
2025-03-18Price change$699,000
2025-02-28Listed for sale$719,900

For Sale by Agent

AgentKati Pullins
BrokerageBeachy Beach Real Estate

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