1303 Laurel Way, Miramar Beach, FL 32550

• 3 beds |
• 4 baths |
• 2,628 sqft

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.

Listing Status:

Active

Date Added:

January 29, 2026

Data Last Updated:

May 2, 2026 at 7:22AM

Listing Office:

Newman Dailey Resort Properties : 850-837-1071

Listing Agent:

Shannyn P Stevenson : 850-259-1874

MLS ID:

993985

Interior

• General: BookcasesCrown MoldingFireplaceKitchen IslandNewly PaintedOwner's ClosetPantryWallpaperWasher/Dryer Hookup
• Appliances: DishwasherDisposalDryerMicrowaveRange HoodRefrigeratorWasherElectric Water Heater
• Flooring: HardwoodTileCarpet
• A/C: Central AirCeiling Fan(s)

Exterior

• General: ColumnsSprinkler System
• Style: Beach House
• Parking: Garage Door OpenerOtherOversized

Construction

• Windows: Double Pane WindowsWindow Treatments
• General: Wood SidingSiding CmntFbrHrdBrd2

Location

• Road/Access: Private Road
• HOA Amenities: Maintenance GroundsManagementSecurityCable TVTrash
• Golf: BBQ Pit/GrillBeachDockDumpsterExercise RoomFishingGame RoomGatedGolfMarinaPicnic AreaPlaygroundPoolTV CableTennis Court(s)WaterfrontWhirlpoolPets AllowedPickleballShort Term Rental - Allowed
• Originating MLS: Emerald Coast Association of REALTORS®
• County: Walton

Lot

• Zoning: Resid Single Family26-2S-21-42810-000-1303
• View: Lake

Utilities

• Water: 0

Financial

• Source: Emerald Coast Association of REALTORS®