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    The Largest CRE Database in the US with Over 1 Million Listings

    23 E York Ln, Unit A Inlet Beach, FL 32461

    Sponsored
    For Sale
    $949,000

    MULTI_FAMILY - Other - Inlet Beach, FL

    Property size:
    1,747 SF
    Days on Market:
    37
    Last Refresh:
    Feb 20 at 5:06 pm

    Property Features for 23 E York Ln

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Window features
    Window Treatments
    Zoning
    Resid Multi-Family
    Rooms
    Bathroom 1, Family Room, Bedroom 3, Bathroom 2, Bedroom 1, Bathroom 3, Bedroom 2, Dining Room
    Bedrooms
    3
    Bathrooms
    2
    APN
    20-3S-18-16203-000-3560
    Parking features
    Garage, Golf Cart
    Patio and Porch features
    Patio
    Interior features
    Ceiling Crwn Molding, Kitchen Island, Newly Painted, Owner's Closet, Pantry, Shelving, Walls Paneled, Washer/Dryer Hookup
    Exterior features
    Sprinkler System
    Appliances
    Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Dryer, Freezer, Microwave, Oven Self Cleaning, Range Hood, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Gas, Washer, Water Heater - Tnkls
    Size
    1,747 SF

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    2017
    Floors in Building
    2
    Flooring type
    Hardwood
    Building materials
    Siding CmntFbrHrdBrd
    Architectural style
    Other

    We can help!

    Listing Contact
    Robert C Watson
    Robert C Watson

    Hilary & Reverie (850) 231-2850

    Listing agent Robert C Watson (404) 538-2583 License #3579804

    Listing date Jan 15, 2026

    MLS# 991849

    Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Turnkey Furnished Home in Prominence North

    Located in the Prominence North community on 30-A, this turnkey, fully furnished, and freshly updated A-unit features 3 bedrooms and 2.5 baths. The home has been completely repainted, offering a bright, clean coastal feel. It is exceptionally well maintained, making it suitable as a second home or short-term rental property. The property generated over $86k in gross rental revenue in 2025. High-quality finishes include new hardwood floors, custom-built bunk beds, and furnishings. The open living area is designed for comfortable living and entertaining. A golf cart is included, providing access to community amenities and the surrounding 30-A lifestyle. The unit backs to a peaceful wooded backdrop, offering added privacy. The garage has custom-built storage cubbies for beach gear, bikes, and toys, and the home includes two locked owner's closets. Beach chairs and toys are also included. Prominence North features a resort-style pool, outdoor gathering areas, and a location directly across from The Big Chill (formerly known as The Hub), featuring dining, entertainment, shopping, and year-round events. Nearby beach accesses, including Deer Lake State Park, offer access to the sands and waters of 30-A. The property is 1747 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Short term rental ...

    Suggested Use

    Restaurant Real Estate Agency Building Supply Dental Office Spa & Massage Center Law Firm Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Inlet Beach
    County
    Walton
    State
    Florida
    Longitude
    -86.063622
    Latitude
    30.302789

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    FAQs

    What type of property is this?
    Short term rental property - Fully furnished, updated 3-bedroom home in Prominence North community.
    Where is this short term rental property located?
    The property is located at 23 E York Ln, Unit A Inlet Beach, FL.
    What is the asking price?
    The asking price for this property is $949,000.
    What are key features of this property?
    This property features: - Turnkey and Fully Furnished: Ready for immediate move-in or rental use.; - High Rental Income Potential: Proven short-term rental history with over $86k in gross rental revenue in 2025.; - Prime Location in Prominence North: Situated directly across from The Big Chill and adjacent to the community pool.
    (404) 538-2583
    Request Owner's contact information
    23 E York Ln, Unit A Inlet Beach, FL 32461
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    Inlet Beach, FL 32461
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    23 E York Ln, Unit A Inlet Beach, FL 32461
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    We can help!
    Listing Contact
    Robert C Watson
    Robert C Watson
    Real Estate License ID: 3579804
    (404) 538-2583 (850) 231-5030
    Learn more
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