For Sale

Listed by Shannyn Stevenson from Newman Dailey Resort Properties

Source: Emerald Coast Association of Realtors #993985

1303 Laurel Way, Miramar Beach, FL, 32550

$1,275,000

3
4
1
2628 sq. ft.
3049.2 sq. ft.

SingleFam

30+ days on the market

What's around 1303 Laurel Way

About this property

HUGE PRICE IMPROVEMENT! Reduced by $100,000.00! Positioned on a premium lot within Sandestin Golf and Beach Resort, this extensively updated home at 1303 Laurel Grove, Miramar Beach, Florida presents a compelling investment opportunity with strong rental potential. Major capital improvements—including a new roof (2024), exterior paint (2024), brick paver driveway (2023), and updated HVAC—help minimize near-term ownership costs. An attached garage, along with walkable access to the pool pavilion and community amenities, further enhances desirability and rental appeal. The flexible floor plan maximizes occupancy and income potential, offering primary suites on both floors, an oversized additional bedroom, and a recently added bonus room upstairs. While the current owners did not rent the property, projected annual rental income is estimated between $80,000 and $105,000, making this home an excellent option for a high-performing vacation rental, second home, or long-term investment. Interior features include fresh paint, hardwood flooring throughout the main living areas and stairway, a spacious kitchen with a large island and ample storage, and an inviting living area highlighted by a fireplace and custom built-ins. Outdoor living is enhanced by a screened porch overlooking lush surroundings. Located inside the gates of Sandestin Golf and Beach Resort, owners and guests enjoy access to world-class amenities including championship golf courses, a marina, beaches, walking and biking trails, and dining driving consistent demand for both short- and long-term rentals.

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