5 Grace Point Way is a vacant land on a 8,350 square foot lot. - it last sold on July 21, 2026 for $11,090,000. Based on Redfin's Inlet Beach data, we estimate the home's value is $2,855,392.
Vacant landProperty Type
8,350 sq ftLot Size
$342Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$2,855,392
$8.2M since sold in July 2026$1.1M since July
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 35.5% lower than the average sale price ($4.43M) of 6 comparable homes.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
TND
Traditional Neighborhood Development District
This district provides for flexibility in design that will create vibrant walkable, accessible, and distinctive neighborhoods with densities and intensities that can support transit-oriented development and multimodal transportation alternatives. This district is intended to allow for traditional neighborhood design including a mix of residential types and non-residential uses relating to integrated public space such as town centers and public squares. The intent of the category is to allow compact, human scale development with varying residential types, lot sizes, and lot dimensions with supporting neighborhood and general commercial uses, civic uses, and public uses. New developments within this district shall create and utilize a form based code or urban design code and utilize the PUD process in order to achieve the necessary densities and intensities of development.
Permitted uses
Include but are not limited to:
Gas station
Convenience store
General retail
Retail-Grocery
Restaurant
Housing-Single unit
Housing-Multiple units
Hotel / motel
Office
Regional center
Property details
Exterior
Property Information
Subdivision Name: GRACE POINT PH 2
Legal Description: LOT 5 GRACE POINT PHASE 2 PB 21-12
Lot Information
Land Sq. Ft: 8,350
Legal Lot Number: 5
Acres: 0.1917
Zoning Code: TND
County Use Description: VACANT RESID
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 8,350 square feet
Style: Vacant Land
Year Built: —
Year Renovated: —
County: Walton County
APN: 203S18163110000050
Home facts updated by county records on Aug 26, 2026
Around this home
Schools
Dune Lakes Elementary School
Public K-5 • Assigned • 3.3mi
10/10
Emerald Coast Middle School
Public 6-8 • Assigned • 5.0mi
8/10
South Walton High School
Public 9-12 • Assigned • 8.8mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
4/10 Fire Factor
3% chance of being in a wildfire in next 30 years
10/10 Heat Factor
8 days above 105° expected this year, 25 days in 30 years
9/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Inlet Beach, FL • 32461
Average low and high temperatures (°F)
59
43
65
52
71
57
76
63
81
70
86
76
89
79
89
77
85
73
79
64
73
58
64
48
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.5 hours in
June and 5.5 hours in December, placing it above the
U.S. average for solar exposure.
9.5 hrs
5.5 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$2.71M – $3.28M
Sell confidently with a local market expert in Inlet Beach. 3 minutes to get started.