Accepting back-up offers. A beautifully furnished single family home in Magnolia Cottages along 30A, offering rare space, privacy, and exceptional rental history in one of South Walton's most desirable beach communities. This property features 4 bedrooms, 4.5 bathrooms, and 2,160 heated and cooled square feet on one of the largest lots in the neighborhood. Built in 2018 providing modern construction and ensuite bathrooms in every bedroom, a standout feature for comfort and rental demand. The main level features an open floor plan with abundant natural light, and an ensuite bedroom. The kitchen includes quartz countertops, stainless steel appliances, a large kitchen island, and soft close cabinetry. Outdoor spaces include a screened in porch, an outdoor fire pit area, and a peaceful wooded backdrop that enhance the natural preserve setting. Conveying fully furnished with a golf cart, offering easy access to nearby dining, beach access points, and the best of Scenic 30A.
Positioned directly across from the resort-style community pool, residents and guests enjoy quick access to plentiful seating areas surrounded by native coastal landscaping.
Magnolia Cottages provides a deeded beach access, green space and a calm, natural setting. Ideally located near Waterhouse Provisions & Bottle Shop, Rosemary Beach, Alys Beach, and just 1 mile from The Big Chill, placing guests close to popular 30A attractions while still offering a quiet retreat.
Sold for $1,545,000
$1,545,000
587 Patina Blvd, Inlet Beach, FL 32461
4beds
2,160sqft
Single Family Residence
Built in 2018
7,405.2 Square Feet Lot
$1,512,200 Zestimate®
$715/sqft
$5,869 Estimated rent
Home value
$1,512,200
$1.44M - $1.59M
$5,869/mo
Zestimate® history
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List your homeWhat's special
Zillow last checked: 8 hours ago
Listing updated: January 12, 2026 at 11:44am
Listed by:
Allison M Freeman 501-425-7656,
The Premier Property Group Seacrest Office
Bought with:
The Richards Group, 3016863
Compass
Source: ECAOR,MLS#: 990819
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Primary bedroom
- Level: First
- Area: 144 Square Feet
- Dimensions: 12 x 12
Bedroom
- Level: Second
- Area: 180 Square Feet
- Dimensions: 15 x 12
Bedroom
- Level: Second
- Area: 204 Square Feet
- Dimensions: 17 x 12
Bedroom
- Level: Second
- Area: 130 Square Feet
- Dimensions: 13 x 10
Primary bathroom
- Level: First
- Area: 60 Square Feet
- Dimensions: 10 x 6
Screened porch
- Level: First
- Area: 200 Square Feet
- Dimensions: 20 x 10
Heating
- Central
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator
Features
- Breakfast Bar, Crown Molding, Recessed Lighting, Shelving, Woodwork Painted
- Flooring: Hardwood, Tile
- Doors: Storm Door(s)
- Windows: Window Treatments
- Furnished: Yes
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,160
- Total interior livable area: 2,160 sqft
Property
Features
- Stories: 2
- Patio & porch: Screened
- Exterior features: Outdoor Shower, Rain Gutters
Lot
- Size: 7,405 sqft
- Dimensions: 43 x 109
Details
- Parcel number: 283S181619100C0100
- Zoning description: Resid Single Family
- Special conditions: Accept Backup Offers,Bankruptcy Property
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Beach House
- Property subtype: Single Family Residence
Materials
- Frame, Siding CmntFbrHrdBrd
- Foundation: Pillar/Post/Pier
- Roof: Metal
Condition
- Construction Complete
- New construction: No
- Year built: 2018
Utilities & green energy
- Water: Public
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Community
- Community features: Deed Access, Pool, Short Term Rental - Allowed
Location
- Region: Inlet Beach
- Subdivision: MAGNOLIA COTTAGES
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $6,417 annually
- Services included: Maintenance Grounds, Management, Recreational Faclty, Cable TV, Internet
Price history
| Date | Event | Price |
|---|---|---|
| 1/9/2026 | Sold | $1,545,000-1.3%$715/sqft |
Source:  ECAOR #990819 Report a problem | ||
| 12/30/2025 | Pending sale | $1,565,000$725/sqft |
Source: ECAOR #990819 Report a problem | ||
| 12/5/2025 | Listed for sale | $1,565,000+25.2%$725/sqft |
Source: ECAOR #990819 Report a problem | ||
| 4/13/2021 | Sold | $1,250,000-3.8%$579/sqft |
Source: ECAOR #865371 Report a problem | ||
| 3/1/2021 | Pending sale | $1,299,000$601/sqft |
Source: ECAOR #865371 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $11,958 +0.5% | $1,309,142 |
| 2023 | $11,895 +5.4% | $1,309,142 +7.5% |
| 2022 | $11,285 +71.5% | $1,217,684 +79.2% |
Find assessor info on the county website
Neighborhood: 32461
Nearby schools
GreatSchools rating
- 10/10Bay Elementary SchoolGrades: K-5Distance: 3.8 mi
- 8/10Emerald Coast Middle SchoolGrades: 6-8Distance: 5.8 mi
- 8/10South Walton High SchoolGrades: 9-12Distance: 9.9 mi
Schools provided by the listing agent
- Elementary: Dune Lakes
- Middle: Emerald Coast
- High: South Walton
Source: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$1,512,200
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With Zillow Showcase(estimated)
$1,542,444
- Florida
- Walton County
- Inlet Beach
- 32461
- 587 Patina Blvd