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1303 Laurel Way

Miramar Beach, FL 32550
  • $1,275,000
  • STATUS: Active
  • ON SITE: 130 Days
  • MLS #: 993985
UPDATED: 239 min ago
$1,275,000
  • 3
    BEDS
  • 0.07
    ACRES
  • 3
    BATHS
  • 1
    1/2 BATHS
  • 2,628
    SQFT
  • $485
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
2003
County:

School Information

Elementary School:
Middle School:
High School:

Description

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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© 2026 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Coastal Connection at eXp Realty. Vendor Member number: 28178. Data last updated: 2026-06-09T00:00:31.98.
Vendor Member #28178.
www.thecoastalconnectionpropertysearch.com/homes/172553040
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1303 Laurel Way Miramar Beach, FL 32550

  • Price: $1,275,000
  • Status: Active
  • On Site: 130 Days
  • Updated: 239 min ago
  • MLS #: 993985
3
Beds
3
Baths
1
½ Baths
0.07
Acres
2,628
SQFT
$485
$/SQFT
2003
Built
Neighborhood:
Laurel Grove
County:
Walton
Area:
Miramar/Sandestin Resort
Elementary School:
Van R Butler
Middle School:
Emerald Coast
High School:
South Walton
Property Description
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.
Exterior Features

Architectural Style Beach House Attached Garage YN Yes Carport YN No Construction Materials Siding CmntFbrHrdBrdSiding Wood Exterior Features ColumnsSprinkler System Lot Features CovenantsCul-De-SacRestrictionsWithin 1/2 Mile to Water Lot Size Dimensions 42.15 X 73.50 Parking Features OversizedOther Pool YN Yes Road Frontage Type Private Road Road Surface Type [] View Lake Waterfront Features []

Interior Features

Appliances Auto Garage Door OpnDishwasherDisposalDryerMicrowaveOven Self CleaningRange HoodRefrigeratorSmoke DetectorSmooth Stovetop RngeStove/Oven ElectricWasherWater Heater - Elect Cooling Ceiling FansCentral Air Cooling YN Yes Heating [] Interior Features Built-In BookcasesCeiling Crwn MoldingFireplaceKitchen IslandNewly PaintedOwner's ClosetPantryWallpaperWasher/Dryer Hookup Primary Bedroom First Floor Yes Rooms Total 8

Property Features

Association Fee Includes Ground KeepingManagementMaster AssociationSecurityCable TVTrash Association YN Yes Buyer Financing Conventional Community Features Short Term Rental - AllowedPickle BallBBQ Pit/GrillBeachDockDumpsterExercise RoomFishingGame RoomGated CommunityGolfMarinaPets AllowedPicnic AreaPlaygroundPoolTennisTV CableWaterfrontWhirlpool Green Energy Efficient [] New Construction YN No Pool Type Community Property Condition Construction Complete Property Sub Type Detached Single Family Short Term Rental Allowed Yes Special Listing Conditions [] Utilities ElectricPublic WaterTV Cable Zoning Resid Single Family

Listing courtesy of Newman Dailey Resort Properties: 850-837-1071.



© 2026 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Coastal Connection at eXp Realty. Vendor Member number: 28178. Data last updated: 2026-06-09T00:00:31.98.
Vendor Member #28178.
 
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