Aerial view of Park Place Townhomes

Park Place Townhomes
Homes for Sale in Inlet Beach, FL

All 294 homes for sale in Inlet Beach, FL · median $1,925,000 · 41 townhomes for sale in Inlet Beach · 296 homes for sale in 32461 · Walton County homes for sale

Community in Inlet Beach · Walton County · ZIP 32461
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True comps, carrying-cost math, and listings before the portals.

Built fromLive Emerald Coast MLS dataUpdated twice daily

As of October 2026, the MLS records 2 closed sales in Park Place Townhomes in Inlet Beach, FL since 2026, the most recent in June 2026. Across Inlet Beach as a whole, 97 homes closed in the last 12 months at a median of $1,272,500, 99 median days on market, with 48 homes for sale today. At that median and Walton County's FY2025-26 rate of 9.758 mills, annual property tax runs about $12,420 ($12,030 with the full homestead exemption).

Jon Brooks, founder of Momentum Realty
Jon's Current Read

Park Place Townhomes sits in Inlet Beach, at the eastern edge of Walton County's stretch of the Emerald Coast. There is no active median price or listing count I can stand behind in the current snapshot, so treat pricing here as condition- and location-driven rather than pinned to a single number. What sells a townhome in this pocket is proximity to the coast and the shape the unit is in, not a headline figure.

For a buyer, that means underwriting each unit on its own merits — recent updates, orientation, and how it compares to whatever else is genuinely available nearby. For a seller, it means the story is set by comparable townhome sales in the immediate area, not by a community-wide average. Bring current comps to the table before you price or offer.

Nearby homes for sale

No active listings inside PARK PLACE TOWNHOMES right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.

169 Pompano Street
$3.90M · 0.0 mi away
5 bd · 3.5 ba
169 Pompano Street
Listed by Keller Williams Realty SRB
73 Pompano Street
$7.30M · 0.1 mi away
8 bd · 9.5 ba
73 Pompano Street
Listed by Scenic Real Estate
37 Eagles Landing
$3.19M · 0.1 mi away
5 bd · 5.5 ba
37 Eagles Landing
Listed by Scenic Sotheby's International Realty
306 W Park Place Avenue
$3.70M · 0.1 mi away
5 bd · 5.5 ba
306 W Park Place Avenue
Listed by Rosemary Beach Realty LLC
24 High Tide Way
$2.25M · 0.1 mi away
5 bd · 4.5 ba
24 High Tide Way
Listed by Scenic Sotheby's International Realty
196 S Wall Street
$5.29M · 0.2 mi away
6 bd · 7.5 ba
196 S Wall Street
Listed by Berkshire Hathaway HomeServices

Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.

The 60-Second Overview

A townhome community in Inlet Beach, Walton County, on the eastern end of the Emerald Coast's coastal corridor, where the product type keeps entry lower than the detached homes surrounding it.

Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.

Best for

  • Buyers seeking a lower-maintenance coastal property near the Walton County shoreline
  • Second-home purchasers wanting a townhome footprint rather than a detached house
  • Value-focused buyers willing to underwrite a unit on condition and comps

Probably not for

  • Buyers who require an amenitized, gated community with shared facilities
  • Purchasers who want a detached home with private yard and outbuildings
  • Anyone expecting a fixed community price point rather than unit-by-unit pricing

The market around Park Place Townhomes

Park Place Townhomes is too small for its own price trend, so here is the market around it.

In ZIP 32461, 536 homes are on the market and 24% are under contract — a steady corner of Inlet Beach.

Across Walton County, 3,174 homes are active and 698 pending (18% under contract).

In ZIP 32461 (Inlet Beach), 562 homes closed in the last 12 months at a median of $935K, down 7.0% year over year, with a median 61 days on market. Right now 262 active and 101 pending listings put supply at about 5.9 months — a buyer's market. See the live ZIP 32461 housing market and the Walton County market.

ZIP and county figures describe the wider market, not Park Place Townhomes specifically. Momentum Research analysis of MLS records.

Housing distress & ownership in PARK PLACE TOWNHOMES, Inlet Beach

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 5 listings
Distress share trend — 0.0% now (2026-09-04 → 2026-09-19)

Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Listing data provided by the Emerald Coast Association of REALTORS®. Information is deemed reliable but is not guaranteed by the MLS to be accurate. Deemed reliable but not guaranteed.

If we were buying in Park Place Townhomes today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Park Place Townhomes.

Best Buy
Buyers who want a coastal foothold in Inlet Beach without paying detached-home prices.
Biggest Risk
No shared amenities means value rests entirely on the individual unit and its comps.
Sweet Spot
A well-updated unit with a strong location within Inlet Beach.
Avoid If
You need community amenities like a pool or gated grounds baked into the purchase.

A coastal townhome play in Inlet Beach

The current MLS snapshot shows no shared community amenities attached to these listings, so buy this for the unit and the location rather than for a pool or gated grounds. In a townhome, the interior condition and any recent systems work carry most of the value.

Inlet Beach's draw is its position on the Walton County coast — walkable, drive-to-the-water access depending on the specific address. Verify what any given unit is actually near before you assign a premium to it, because location within Inlet Beach varies block to block.

“

The location and the amenities are priced into every listing in Park Place Townhomes. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

With no community-wide amenities or reliable pricing anchor in the current snapshot, the whole decision rides on reading individual units against real comparable sales. We do that comp-by-comp instead of leaning on an average, and we will tell you plainly when a specific listing does not justify its ask.

Park Place Townhomes in 15 seconds.

Best forBuyers who want a coastal foothold in Inlet Beach without paying detached-home prices.
Biggest advantageTownhome pricing keeps entry lower than the surrounding detached inventory.
Biggest riskNo shared amenities means value rests entirely on the individual unit and its comps.
Sweet spotA well-updated unit with a strong location within Inlet Beach.
Avoid ifYou need community amenities like a pool or gated grounds baked into the purchase.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Park Place Townhomes homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Park Place Townhomes.
In short
  • HOA status not on record. Verify any dues before you offer
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Park Place Townhomes sales matched to your home.

What is your Park Place Townhomes home worth?

Get a no-obligation home value based on real comparable sales in Park Place Townhomes, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See all homes for sale in Inlet Beach →

Real comps, not an automated estimate.
Buyers seeking a lower-maintenance coastal property near the Walton County shorelineExcellent fit
Second-home purchasers wanting a townhome footprint rather than a detached houseExcellent fit
Value-focused buyers willing to underwrite a unit on condition and compsExcellent fit
Buyers who require an amenitized, gated community with shared facilitiesProbably not
Purchasers who want a detached home with private yard and outbuildingsProbably not
Anyone expecting a fixed community price point rather than unit-by-unit pricingProbably not

Data sources & freshness

Under-contract sharesEmerald Coast MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2026 (2 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Emerald Coast MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Emerald Coast MLS member average and 8 days faster, and we’ll price yours against live local comps.

Looking to buy here? Search homes for sale →

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Common questions about Park Place Townhomes

Where is Park Place Townhomes?

Park Place Townhomes is a community in Inlet Beach, Walton County, Florida, ZIP 32461.

Are there homes for sale in Park Place Townhomes right now?

No active listings inside Park Place Townhomes at the last feed refresh. The nearest homes for sale, with distances from the community, are shown on this page and refreshed nightly.

Does Park Place Townhomes have an HOA or CDD?

No HOA is on record for Park Place Townhomes in our data. Verify dues, what they cover, and any special assessment for a specific address before you offer.

Answers are generated from county property records, MLS feeds and the figures on this page, as of the page date; deemed reliable but not guaranteed.

Nearby Communities

Explore more neighborhoods near Park Place Townhomes with Momentum Realty’s local guides.

Shoreline Estates At0.1 mi away · 58 homes, built 1943–24Pompano Place0.1 mi away · 58 homes, built 1943–24Park Place At0.1 mi away · 30 homes, built 1978–24, 1 for saleMala Beach0.2 mi away · 2 for saleWaterview At0.2 mi away · median $699K, 5 sales/12 moThe Bluffs Of Inlet0.3 mi away · 45 homes, built 1943–24The Bluffs At0.3 mi away · 45 homes, built 1943–24, 1 for sale

Browse all neighborhood guides →

Talk to a Local Park Place Townhomes Expert
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The real cost & risk here

Before the list price, the Florida math the portals skip. These are Walton County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$3,772/mo
Walton County typical true cost to own
$162/mo
Walton County typical home insurance
Check CDD
Confirm before you offer

County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.